Goldi Solar

Surat, India Founded: 2011 • Age: 15 yrs
Manufacturer of solar PV modules
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Goldi Sun Private Limited
  • Date of Incorporation 06 May, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
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.

  • Total Funding
  • Total Rounds 5
  • Last Round Series A — $76.0M
  • First Round

    (31 Jan 2012)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Series A - Goldi Solar Valuation Havells
Aug, 2025 Amount Angel Round - Goldi Solar Valuation

investors

Apr, 2025 Amount Series A - Goldi Solar Valuation Havells , Godwitt
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 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. 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
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in public markets, commodities, private equities, and real estate by a family office.
Founded Year Domain Location
-
Founded Year Domain Location
Electrical equipment for domestic and industrial applications is manufactured.
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 Goldi Solar

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 - Goldi Solar

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

Goldi Solar Comparisons

Employees
+
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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. 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
Kyocera is engaged in providing technology solutions globally.
domain founded_year HQ Location
Photovoltaic cells for PV and smart energy solutions are developed.
domain founded_year HQ Location
Solar panels and power storage products are manufactured.
domain founded_year HQ Location
Manufactures solar panels, water heaters, and turnkey solutions for renewable energy.
domain founded_year HQ Location
Manufacturer of solar panel
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 Goldi Solar

Frequently Asked Questions about Goldi Solar

When was Goldi Solar founded?

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

Where is Goldi Solar located?

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

Is Goldi Solar a funded company?

Goldi Solar is a funded company, having raised a total of $230.96M across 5 funding rounds to date. The company's 1st funding round was a Series A of $116.57M, raised on Jan 31, 2012.

How many employees does Goldi Solar have?

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

What is the annual revenue of Goldi Solar?

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

What does Goldi Solar do?

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.

Who are the top competitors of Goldi Solar?

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

Who are Goldi Solar's investors?

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

What is Goldi Solar's valuation?

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

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