About Play Solar
Play Solar is a company based in Bengaluru (India) founded in 2014. Play Solar has raised $94.52 thousand across 1 funding round from investors including Rajagopal Grandhi, Tricha Anjali and Viswanath Balasubramanian. The company has 2 employees as of April 05, 2024. Play Solar offers products and services including Grid-Tied System, Off-Grid System, Hybrids System, Solar Pumps, and CloudSol. Play Solar operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Playsolar Systems Private Limited
- Date of Incorporation 08 May, 2015
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$372.38 K (USD)523.44as on Mar 31, 2023
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Net Profit
$48 K (USD)243.44as on Mar 31, 2023
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EBITDA
$70.43 K (USD)755.57as on Mar 31, 2023
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Total Equity Funding
$94.52 K (USD)
in 1 rounds
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Latest Funding Round
$94.52 K (USD), Angel Round
Feb 05, 2016
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Investors
& 4 more
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Employee Count
2
as on Apr 05, 2024
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Products & Services of Play Solar
Play Solar offers a comprehensive portfolio of products and services, including Grid-Tied System, Off-Grid System, Hybrids System, Solar Pumps, and CloudSol.
Delivers grid-connected solar solutions for energy generation.
Provides standalone solar setups for remote locations.
Combines solar with other sources for reliable energy supply.
Offers solar-powered pumps for irrigation and water needs.
Enables remote tracking of solar system performance data.
Funding Insights of Play Solar
Play Solar has successfully raised a total of $94.52K through 1 strategic funding round. The most recent funding activity was a Angel Round of $94.52 thousand completed in February 2016. 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 Play Solar
Play Solar has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Rajagopal Grandhi, Tricha Anjali and Viswanath Balasubramanian.
| Investor | Description | Founded Year | Domain | Location |
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Rajagopal Grandhi |
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Tricha Anjali |
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VB
Viswanath Balasubramanian |
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Investor details for Play Solar
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Investments & Acquisitions by Play Solar
Investment portfolio details for Play Solar
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- Transaction dates
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Financial Statements - Play Solar
Detailed financials for Play Solar
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- Profit trends
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Play Solar Comparisons
Peer comparison for Play Solar
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- Named peers
- Headcount comparison
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Competitors of Play Solar
Play 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 Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
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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 Play Solar
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Play Solar
Complete news archive for Play Solar
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Frequently Asked Questions about Play Solar
Play Solar was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Play Solar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Play Solar is a funded company, having raised a total of $94.52K across 1 funding round to date.
As of Apr 05, 2024, the latest employee count at Play Solar is 2.
Annual revenue of Play Solar is $372.38K as on Mar 31, 2023.
Play Solar was founded in 2014 in Bengaluru, India, focusing on the renewable energy sector. Hardware solutions for retrofitting existing appliances are produced, enabling solar integration. Key offerings include HomeSol for app-based control of solar-powered home devices, AtmoSol to operate air conditioners using solar energy, RetroSol to upgrade inverters for extended backup, and Aquasol for solar-driven water pumping systems. Operations center on sustainable energy hardware and monitoring tools.
Play Solar's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
Play Solar offers Grid-Tied System, Off-Grid System, Hybrids System, Solar Pumps, and CloudSol.
Play Solar has 5 investors. Key investors include Rajagopal Grandhi, Tricha Anjali, Viswanath Balasubramanian, Priya Seshadri, and Narasimhan Gopalachari.
The valuation of Play Solar is $3.43M as of Feb 2016.