About Amplus Solar
Amplus Solar is an Energy & Utilities company based in Gurugram (India) founded in 2008, and was acquired by PETRONAS in April 2019. Solar installation services and renewable energy solutions are provided. Amplus Solar has raised $7.16 million across 5 funding rounds from investors including I Squared Capital, UltraTech Cement and PETRONAS. Its website amplussolar.com draws about 45 thousand monthly visits. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Full-end Services. Its competitors include Rays Power Infra, Fourth Partner Energy and SB Energy; 2 of its 3 listed competitors have raised funding.
Company details
Amplus Solar was founded in 2008 in Gurugram, India, within the renewable energy sector. Solar installation services are offered, alongside expansions into battery storage, residential solar systems, distributed green hydrogen, solar-wind hybrids, and IREC solutions. Operations encompass solar generation, solar-plus-storage projects, wind energy, and green hydrogen production, with a focus on developing sustainable clean energy systems across various applications.
- Total Equity Funding$7.16M (USD)
in 5 rounds
- Latest Funding Round$5.9M (USD), Series A
Jan 2024
- InvestorsI Squared Capital
& 3 more
- Acquired byPETRONAS
(Apr 2019)
Associated legal entities of Amplus Solar
Amplus Solar is associated with 12 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Amplus Solar Power Private Limited CIN U74990DL2015PTC287763 | Active | 24 Nov 2015 | New Delhi, Delhi | ₹54.8 Cr | 1 | 4 | View details |
| Amplus Rj Solar Private Limited CIN U40106DL2017PTC314694 | Active | 20 Mar 2017 | New Delhi, Delhi | ₹10.6 Cr | 1 | 2 | View details |
| Amplus Solar Solutions Private Limited CIN U40106DL2015PTC288859 | Active | 23 Dec 2015 | New Delhi, Delhi | ₹11.9 Cr | 2 | View details | |
| Amplus Dakshin Private Limited CIN U40100DL2020PTC363370 | Active | 21 Apr 2020 | New Delhi, Delhi | ₹15.1 Cr | 4 | View details | |
| Amplus Shams Private Limited CIN U40100DL2020PTC363157 | Active | 03 Apr 2020 | New Delhi, Delhi | ₹29.1 Cr | 3 | View details | |
| Amplus Sun Solutions Private Limited CIN U40100DL2010PTC325255 | Active | 05 Jul 2010 | New Delhi, Delhi | ₹27.1 Cr | 1 | 2 | View details |
| Amplus Kn One Power Private Limited CIN U74110DL2017PTC318318 | Active | 29 May 2017 | New Delhi, Delhi, India | View details | |||
| Amplus Kn Solar Private Limited CIN U40300DL2017PTC314693 | Active | 20 Mar 2017 | New Delhi, Delhi, India | $19.0M | View details | ||
| Amplus Andhra Power Private Limited CIN U40300DL2016PTC307480 | Active | 24 Oct 2016 | New Delhi, Delhi, India | View details | |||
| Amplus Power Solutions Private Limited CIN U40300DL2016PTC289315 | Active | 05 Jan 2016 | New Delhi, Delhi, India | View details | |||
| Amplus Solar Power Mh Private Limited CIN U40108DL2010PTC326267 | Active | 09 Mar 2010 | New Delhi, Delhi, India | $447,000 | View details | ||
| Amplus Energy Solutions Private Limited CIN U40104DL2013PTC292262 | Active | 27 Jun 2013 | New Delhi, Delhi, India | View details |
Apps and channels of Amplus Solar
its YouTube channel Amplus Solar has 2.68K subscribers and 30 videos.
Videos from Amplus Solar
The most watched videos on Amplus Solar's YouTube channel, Amplus Solar (2.68K subscribers). Click a video to play it here.
More on Amplus Solar.
Funding Insights of Amplus Solar
Amplus Solar has successfully raised a total of $7.16M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.9 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.16M
- Total Rounds 5
- Last Round Series A — $5.9M
- First Round $271,920
(Dec 2014)
- Investors Count 4
All 5 funding rounds of Amplus Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $5.9M | Series A | – | – | |
| Sep 2016 | Series A | – | Brightbridge Advisors | – | |
| Aug 2015 | Seed | – | – | ||
| Jun 2015 | $989,837 | Seed | – | PETRONAS, Brightbridge Advisors | – |
| Dec 2014 | $271,920 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Amplus Solar
Amplus Solar has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include I Squared Capital, UltraTech Cement and PETRONAS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Grey cement, ready-mix concrete, and white cement are manufactured. | 1983 | ultratechcement.com | Mumbai, India | |
Investments are focused on infrastructure sectors like energy and transport. | 2012 | isquaredcapital.com | Miami, United States | |
Brightbridge Advisors is engaged in private school admissions consulting. | brightbridgeadvisors.com | Darien, United States | ||
Oil and gas exploration and production services are provided globally. | 1974 | petronas.com | Kuala Lumpur, Malaysia |
Investor details for Amplus Solar
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Board of directors of Amplus Solar
The boards of the 6 registered companies of Amplus Solar currently have 8 directors; the longest-serving is Abhishek Goyal, appointed in 2019. 48 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Goyal DIN 05325594 | Director | 15 Nov 2019 | 6 yrs 11 mo | Amplus Rj Solar Private Limited, Amplus Solar Power Private Limited, Amplus Solar Solutions Private Limited |
| Sharad Pungalia DIN 03525768 | Director | 03 Apr 2020 | 6 yrs 7 mo | Amplus Shams Private Limited, Amplus Dakshin Private Limited, Amplus Solar Power Private Limited |
| Sanjeet Kumar Agrawal DIN 01494605 | Director | 24 Aug 2023 | 3 yrs 2 mo | Amplus Shams Private Limited, Amplus Sun Solutions Private Limited |
| Kashish Thareja DIN 10288365 | Director | 24 Aug 2023 | 3 yrs 2 mo | Amplus Sun Solutions Private Limited, Amplus Rj Solar Private Limited |
| Shantanu Mishra DIN 10925414 | Director | 29 Jan 2025 | 1 yr 9 mo | Amplus Dakshin Private Limited |
| Sandeep Arora DIN 08313610 | Director | 25 May 2025 | 1 yr 5 mo | Amplus Solar Power Private Limited |
| Sumit Ranjan DIN 10680582 | Director | 25 May 2025 | 1 yr 5 mo | Amplus Solar Solutions Private Limited |
| Siddhartha Sengupta DIN 05270854 | Additional Director | 30 Jul 2025 | 1 yr 3 mo | Amplus Dakshin Private Limited |
Financials of Amplus Solar
Figures of Amplus Shams Private Limited, the primary company behind Amplus Solar, for FY 2022. Revenue was ₹29.13 Cr (+194% year on year). Net profit was ₹16.6 Lakh (1% margin).
- ₹29.13 CrRevenue · FY 2022 · +194% YoY
- ₹16.6 LakhNet profit · 1% margin
- ₹65.71 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Amplus Shams Private Limited are on its company page.
Detailed financial statements for Amplus Solar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Amplus Solar
4 dated milestones of Amplus Solar across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Amplus Solar is founded.
- Funding First funding round of $272K.
- Exit Acquired by PETRONAS.
- Funding Latest funding round, Series A, of $5.9M.
Competitors of Amplus Solar
Amplus Solar has 3 listed competitors in our database, 2 of them funded. They include Rays Power Infra, Fourth Partner Energy and SB Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rayspowerinfra.com | 2011 | Jaipur, India | $57.02M | 357 | Turnkey solar engineering, procurement, and construction solutions are provided. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sbenergy.com | 2015 | Delhi, India | 88 | Solar energy projects are developed and managed globally. |
Detailed competitors of Amplus Solar
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Web traffic of Amplus Solar
The website of Amplus Solar (amplussolar.com) receives about 44.8K visits a month.
- Monthly visits44.8K
▲ 84.4% vs previous month
Websites whose visitors overlap most with Amplus Solar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| freyrenergy.com | 100% | 65.2K | #570,688 | View details | |
| bluebirdsolar.com | 97% | 29K | #1,076,489 | View details | |
| kenbrooksolar.com | 94% | 47.3K | #737,549 | View details | |
| tatapowersolar.com | 94% | 111.7K | #387,050 | View details | |
| ornatesolar.com | 94% | 31.1K | #1,033,326 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Amplus Solar
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Amplus Solar (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Amplus Solar
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Frequently Asked Questions about Amplus Solar
Amplus Solar was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Amplus Solar is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Amplus Solar is a funded company, having raised a total of $7.16M across 5 funding rounds to date. The company's 1st funding round was a Seed of $271.92K, raised on Dec 2014.
Amplus Solar was founded in 2008 in Gurugram, India, within the renewable energy sector. Solar installation services are offered, alongside expansions into battery storage, residential solar systems, distributed green hydrogen, solar-wind hybrids, and IREC solutions. Operations encompass solar generation, solar-plus-storage projects, wind energy, and green hydrogen production, with a focus on developing sustainable clean energy systems across various applications.
Amplus Solar's top competitors include Rays Power Infra, Fourth Partner Energy and SB Energy.
Amplus Solar has 4 investors. Key investors include I Squared Capital, UltraTech Cement, PETRONAS, and Brightbridge Advisors.
Amplus Solar is associated with 6 legal entities: Amplus Shams Private Limited, Amplus Sun Solutions Private Limited, Amplus Dakshin Private Limited and others.
Yes. Amplus Solar was acquired by PETRONAS in April 2019.
The legal entities of Amplus Solar currently have 11 directors, including Sharad Pungalia, Sanjeet Kumar Agrawal, Muskan Mourya and others.