Devidayal Solar Solutions

Mumbai, India Founded: 2015 • Age: 11 yrs
Solar powered products are manufactured in Mumbai, India.
Annual revenue $414,952 Latest available
Total funding $173,481 1 rounds
Employees 13 Tracked headcount
Investors 4 Known backers
Products 8 Services tracked
Competitors 10 Brand Intelligence

About Devidayal Solar Solutions

Devidayal Solar Solutions is a company based in Mumbai (India) founded in 2015. Devidayal Solar Solutions has raised $173.48 thousand across 1 funding round from investors including Social Alpha, Alok Gupta and Raghu Ramamoorthy. The company has 13 employees as of April 02, 2024. Devidayal Solar Solutions offers products and services including Solar DC Refrigerator, Dairy Cooler, Fish Chiller, Kirana Chiller, and Vet Vaccine Saver. Devidayal Solar Solutions operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.

  • Headquarter Mumbai, India
  • Employees 13 as on 02 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Legal Name Devidayal Solar Solutions Private Limited
  • Date of Incorporation 07 May, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $414.95 K (USD)
    47.61
    as on Mar 31, 2021
  • Net Profit
    -$82.42 K (USD)
    47.09
    as on Mar 31, 2021
  • EBITDA
    -$158.45 K (USD)
    28.35
    as on Mar 31, 2021
  • Total Equity Funding
    $173.48 K (USD)

    in 1 rounds

  • Latest Funding Round
    $173.48 K (USD), Seed

    Oct 29, 2021

  • Investors
  • Employee Count
    13

    as on Apr 02, 2024

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Products & Services of Devidayal Solar Solutions

Devidayal Solar Solutions offers a comprehensive portfolio of products and services, including Solar DC Refrigerator, Dairy Cooler, Fish Chiller, Kirana Chiller, and Vet Vaccine Saver.

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Solar-powered unit for cold storage in rural settings.

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Device for preserving dairy products and reducing wastage.

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Solar chiller to keep fish fresh and extend shelf life.

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Chiller for small stores to minimize spoilage of goods.

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Solar device for safe vaccine storage in remote areas.

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Solar-powered tools for grain processing and oil extraction.

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Solar fan for energy-efficient cooling in households.

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Controllers to regulate solar power for various devices.

Funding Insights of Devidayal Solar Solutions

Devidayal Solar Solutions has successfully raised a total of $173.48K through 1 strategic funding round. The most recent funding activity was a Seed round of $173.48 thousand completed in October 2021. 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.

Investors in Devidayal Solar Solutions

Devidayal Solar Solutions has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Social Alpha, Alok Gupta and Raghu Ramamoorthy.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Sustainable startups are supported via innovation curation and venture funding.
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Alok Gupta

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Raghu Ramamoorthy

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Investor details for Devidayal Solar Solutions

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Investments & Acquisitions by Devidayal Solar Solutions

Investments
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Investment portfolio details for Devidayal Solar Solutions

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Financial Statements - Devidayal Solar Solutions

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Devidayal Solar Solutions Comparisons

Devidayal Solar Solutions Primary company
Description
Solar powered products are manufactured in Mumbai, India.
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$414.95 K (USD)
Net Profit
-$82.42 K (USD)
EBITDA
-$158.45 K (USD)
Employees
13
As of 2024
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Peer comparison for Devidayal Solar Solutions

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Competitors of Devidayal Solar Solutions

Devidayal Solar Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.

Company Name Domain Founded year HQ Location Description
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Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
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Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
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Offers solar consumer goods
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Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries
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Manufactures solar panels, batteries, and modules for renewable energy solutions in India.
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Manufactures solar modules and power plants with high-efficiency technology in India.
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Detailed competitors of Devidayal Solar Solutions

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Latest news on Devidayal Solar Solutions

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Complete news archive for Devidayal Solar Solutions

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Frequently Asked Questions about Devidayal Solar Solutions

Devidayal Solar Solutions was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Devidayal Solar Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Devidayal Solar Solutions is a funded company, having raised a total of $173.48K across 1 funding round to date.

As of Apr 02, 2024, the latest employee count at Devidayal Solar Solutions is 13.

Annual revenue of Devidayal Solar Solutions is $414.95K as on Mar 31, 2021.

Devidayal Solar Solutions was founded in 2015 and is based in Mumbai, India. Operations are centered on the manufacturing of solar powered products within the renewable energy sector. Products are produced for various applications, with distribution handled through the domain ddsolar.in. The company maintains a focus on solar technology solutions, serving markets in India and potentially beyond, as part of standard industry practices.

Devidayal Solar Solutions's top competitors include Servoteh, Borosil Renewables and SuKam Solar.

Devidayal Solar Solutions offers Solar DC Refrigerator, Dairy Cooler, Fish Chiller, Kirana Chiller, and 4 more products and services.

Devidayal Solar Solutions has 4 investors. Key investors include Social Alpha, Alok Gupta, Raghu Ramamoorthy, and S Ravichandran.

The valuation of Devidayal Solar Solutions is $893.72K as of Oct 2021.

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