Goldi Solar

Surat, India Founded: 2011 • Age: 15 yrs
Manufacturer of solar PV modules
Annual revenue $111.9M Latest available
Total funding $231.0M 5 rounds
Employees 603 Tracked headcount
Investors 13 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Goldi Solar

Goldi Solar is a company based in Surat (India) founded in 2011 by Ishver Dholakiya. Goldi Solar has raised $230.96 million across 5 funding rounds from investors including Havells, Ambit and SRF. The company has 603 employees as of August 18, 2025. Goldi Solar operates in a competitive market with competitors including Kyocera, Trina Solar, Su-Kam Power Systems, Emmvee and Navitas Solar, among others.

  • Headquarter Surat, India
  • Employees 603 as on 18 Aug, 2025
  • Founders Ishver Dholakiya
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Goldi Sun Private Limited
  • Date of Incorporation 06 May, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $111.93 M (USD)
    58466.48
    as on Mar 31, 2023
  • Net Profit
    $4.37 M (USD)
    4354.74
    as on Mar 31, 2023
  • EBITDA
    $7.52 M (USD)
    10870.56
    as on Mar 31, 2023
  • Total Equity Funding
    $230.96 M (USD)

    in 5 rounds

  • Latest Funding Round
    $76 M (USD), Series A

    Oct 27, 2025

  • Investors
    Havells

    & 12 more

  • Employee Count
    603

    as on Aug 18, 2025

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Funding Insights of Goldi Solar

Goldi Solar has successfully raised a total of $230.96M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $76 million completed in October 2025. 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 Goldi Solar

Goldi Solar has secured backing from 13 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Havells, Ambit and SRF.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in public markets, commodities, private equities, and real estate by a family office.
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Electrical equipment for domestic and industrial applications is manufactured.
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Investor details for Goldi Solar

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Investments & Acquisitions by Goldi Solar

Investments
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Investment portfolio details for Goldi Solar

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Financial Statements - Goldi Solar

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Detailed financials for Goldi Solar

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Goldi Solar Comparisons

Goldi Solar Primary company
Description
Manufacturer of solar PV modules
Location
Surat, India
Founded Year
2011
Annual Revenue
$111.93 M (USD)
Net Profit
$4.37 M (USD)
EBITDA
$7.52 M (USD)
Employees
603
As of 2025
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Peer comparison for Goldi Solar

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Competitors of Goldi Solar

Goldi Solar 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 Kyocera, Trina Solar, Su-Kam Power Systems, Emmvee and Navitas Solar, among others.

Company Name Domain Founded year HQ Location Description
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Kyocera is engaged in providing technology solutions globally.
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Photovoltaic cells for PV and smart energy solutions are developed.
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Solar panels and power storage products are manufactured.
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Manufactures solar panels, water heaters, and turnkey solutions for renewable energy.
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Manufacturer of solar panel
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Detailed competitors of Goldi Solar

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Latest news on Goldi Solar

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Complete news archive for Goldi Solar

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Frequently Asked Questions about Goldi Solar

Goldi Solar was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Goldi Solar is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

Goldi Solar is a funded company, having raised a total of $230.96M across 5 funding rounds to date.

As of Aug 18, 2025, the latest employee count at Goldi Solar is 603.

Annual revenue of Goldi Solar is $111.93M as on Mar 31, 2023.

Goldi Solar was founded in 2011 in Surat, India, within the renewable energy sector. Solar photovoltaic modules are produced for various applications, including rooftop installations. Additional products such as inverters, solar pumps, and street lighting systems are supplied. Engineering, procurement, and construction services are extended to solar projects. Solar energy solutions are delivered, emphasizing operational efficiency in the Indian market.

Goldi Solar's top competitors include Trina Solar, Kyocera and Navitas Solar.

Goldi Solar has 13 investors. Key investors include Havells, Ambit, SRF, Shahi, and Narotam Sekhsaria Family Office.

The valuation of Goldi Solar is $657.41M as of Mar 2025.

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