Dhanvikas

Mumbai, India Founded: 2018 • Age: 8 yrs Acquired By Solfin
Solar energy services are provided to residential and commercial customers.
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About Dhanvikas

Dhanvikas is a company based in Mumbai (India) founded in 2018 was acquired by Solfin in October 2024.. Dhanvikas operates in a competitive market with competitors including SolarCity, Sunnova, Sunrun, SunPower and SolarSquare, among others.

  • Headquarter Mumbai, India
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Legal Name Solfin Sustainable Finance Private Limited
  • Date of Incorporation 20 Feb, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $53.91 K (USD)
    622.85
    as on Mar 31, 2022
  • Net Profit
    $14.74 K (USD)
    323.52
    as on Mar 31, 2022
  • EBITDA
    $-8.35 K (USD)
    -4.54
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Solfin

    (Oct 08, 2024)

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Funding Insights of Dhanvikas

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Dhanvikas

Dhanvikas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Solfin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
SME loans for solar projects are financed and overseen.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dhanvikas

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Dhanvikas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dhanvikas Comparisons

Employees
+
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Competitors of Dhanvikas

Dhanvikas 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 SolarCity, Sunnova, Sunrun, SunPower and SolarSquare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar power systems are designed, financed, and installed for clients.
domain founded_year HQ Location
Solar services are provided to residential and commercial customers.
domain founded_year HQ Location
Solar energy services are provided to residential customers nationwide.
domain founded_year HQ Location
Silicon-based solar PV modules are manufactured for diverse applications.
domain founded_year HQ Location
Provider of solar panel installation services
domain founded_year HQ Location
Clean energy consulting and services are offered to support sustainability.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dhanvikas

Frequently Asked Questions about Dhanvikas

When was Dhanvikas founded?

Dhanvikas was founded in 2018.

Where is Dhanvikas located?

Dhanvikas is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of Dhanvikas?

Annual revenue of Dhanvikas is $53.91K as on Mar 31, 2022.

What does Dhanvikas do?

Dhanvikas was established in 2018 in Mumbai, India, within the renewable energy sector. Solar energy solutions are delivered to residential and commercial clients through various services, including system installation and maintenance. Operations are centered on sustainable power generation, with the companys domain, dhanvikas.com, facilitating online access to information and support. Focus remains on local and regional deployment of solar technologies.

Who are the top competitors of Dhanvikas?

Dhanvikas's top competitors include SunPower, Sunrun and Sunnova.

Who are Dhanvikas's investors?

Dhanvikas has 1 investor. Key investors include Solfin.

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