About Premier Solar Group
Premier Solar Group is a company based in Nairobi (Kenya) founded in 2015.. Premier Solar Group has raised $10 million across 1 funding round from investors including FMO. The company has 1 employees as of April 04, 2024. Premier Solar Group offers products and services including Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar. Premier Solar Group operates in a competitive market with competitors including Equator Energy, Xago Africa, Brighter Life Kenya, PowerGen Technologies and Sunken, among others.
- Headquarter Nairobi, Kenya
- Employees 1 as on 04 Apr, 2024
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Suvit Solar Systems Private Limited
- Date of Incorporation 09 Sep, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Private Equity Round
Nov 22, 2022
- Investors
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Employee Count
1
as on Apr 04, 2024
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Products & Services of Premier Solar Group
Premier Solar Group offers a comprehensive portfolio of products and services, including Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customized systems for energy generation in various sectors
Design and installation for commercial and institutional buildings
Large-scale solar setups for agricultural and telecom use
Integrated solar solutions for parking and institutional areas
Funding Insights of Premier Solar Group
Premier Solar Group has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $10 million completed in November 2022. 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 Funding
- Total Rounds 1
- Last Round Private Equity Round — $10.0M
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First Round
First Round
(22 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Private Equity Round - Premier Solar Group | Valuation | FMO |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Premier Solar Group
Premier Solar Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FMO. 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.
| Investor | Description | Founded Year | Domain | Location |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Premier Solar Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Premier Solar Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Premier Solar Group Comparisons
Competitors of Premier Solar Group
Premier Solar Group 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 Equator Energy, Xago Africa, Brighter Life Kenya, PowerGen Technologies and Sunken, 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 and wind energy projects are developed in renewable sector.
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| domain | founded_year | HQ Location |
Engineering and project development for solar and hydro in Zambia.
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| domain | founded_year | HQ Location |
Developer of renewable energy projects
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| domain | founded_year | HQ Location |
Power utility and telecom projects are developed in Africa.
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| domain | founded_year | HQ Location |
Solar energy projects are developed by Sunken in Kenya.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Premier Solar Group
When was Premier Solar Group founded?
Premier Solar Group was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Premier Solar Group located?
Premier Solar Group is headquartered in Nairobi, Kenya.
Is Premier Solar Group a funded company?
Premier Solar Group is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Nov 22, 2022.
How many employees does Premier Solar Group have?
As of Apr 04, 2024, the latest employee count at Premier Solar Group is 1.
What does Premier Solar Group do?
Premier Solar Group was established in 2015 and is headquartered in Nairobi, Kenya. Operations focus on the renewable energy sector, where solar power initiatives are developed and managed. Services encompass project planning, installation, and maintenance for various scales of solar installations. Activities are centered in East Africa, supporting local energy needs through sustainable infrastructure.
Who are the top competitors of Premier Solar Group?
Premier Solar Group's top competitors include Xago Africa, Equator Energy and PowerGen Technologies.
What products or services does Premier Solar Group offer?
Premier Solar Group offers Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar.
Who are Premier Solar Group's investors?
Premier Solar Group has 1 investor. Key investors include FMO.