About QuantSolar
QuantSolar is a company based in Hyderabad (India) founded in 2016 by Siddhant Agarwal. QuantSolar has raised $817.82 thousand across 2 funding rounds from investors including Geetika Tiwari, Sun Power and Consultants and Mohan Kumar. The company has 56 employees as of August 03, 2024. QuantSolar offers products and services including FSPV Solutions, Site Feasibility Study, Design and Engineering, Installation and Commissioning, and Operation and Maintenance. QuantSolar operates in a competitive market with competitors including Sterling and Wilson, NTPC Renewable Energy, AK Crop, Sukhbir Agro Energy and Sunforest, among others.
- Headquarter Hyderabad, India
- Employees 56 as on 03 Aug, 2024
- Founders Siddhant Agarwal
- Stage Minicorn
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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 Quantsolar Technologies Private Limited
- Date of Incorporation 22 Jun, 2016
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$4.04 M (USD)41.08as on Mar 31, 2024
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Net Profit
$360.47 K (USD)128.12as on Mar 31, 2024
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EBITDA
$578 K (USD)329.11as on Mar 31, 2024
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Total Equity Funding
$817.82 K (USD)
in 2 rounds
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Latest Funding Round
$64.46 K (USD), Angel Round
Sep 06, 2023
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Investors
Sun Power and Consultants
& 3 more
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Employee Count
56
as on Aug 03, 2024
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Products & Services of QuantSolar
QuantSolar offers a comprehensive portfolio of products and services, including FSPV Solutions, Site Feasibility Study, Design and Engineering, Installation and Commissioning, and Operation and Maintenance.
Provides turnkey EPC for floating solar PV power plants.
Conducts assessments for floating solar project viability.
Offers plant layout and 3D modeling for solar installations.
Handles safe installation and performance testing of systems.
Provides monitoring and defect rectification for solar plants.
Funding Insights of QuantSolar
QuantSolar has successfully raised a total of $817.82K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $64.46 thousand completed in September 2023. 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 QuantSolar
QuantSolar has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Geetika Tiwari, Sun Power and Consultants and Mohan Kumar.
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Geetika Tiwari |
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Mohan Kumar |
Managing Partner at Avataar Venture Partners, ex-Nokia, active angel investor
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Investor details for QuantSolar
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Investments & Acquisitions by QuantSolar
Investment portfolio details for QuantSolar
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Financial Statements - QuantSolar
Detailed financials for QuantSolar
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Quantsolar Comparisons
Peer comparison for QuantSolar
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of QuantSolar
QuantSolar 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 Sterling and Wilson, NTPC Renewable Energy, AK Crop, Sukhbir Agro Energy and Sunforest, among others.
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Energy storage systems for renewables are designed and developed.
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Develops and manages solar, wind, energy storage, and green hydrogen initiatives in India.
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Delivers renewable energy projects, aviation support, water treatment, and infrastructure design services.
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Renewable energy solutions are provided via solar and waste-to-energy initiatives.
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Offers planning, engineering, and consulting for solar, wind, and energy storage projects.
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Detailed competitors of QuantSolar
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Latest news on Quantsolar
Complete news archive for QuantSolar
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Frequently Asked Questions about QuantSolar
QuantSolar was founded in 2016 and raised its 1st funding round 6 years after it was founded.
QuantSolar is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
QuantSolar is a funded company, having raised a total of $817.82K across 2 funding rounds to date.
As of Aug 03, 2024, the latest employee count at QuantSolar is 56.
Annual revenue of QuantSolar is $4.04M as on Mar 31, 2024.
QuantSolar was founded in 2016 and is headquartered in Hyderabad, India. The company operates within the renewable energy sector, where solar energy projects are developed and managed. Focus is placed on project initiation, execution, and deployment across Indian regions. Services encompass planning and implementation of solar installations, supporting sustainable energy infrastructure without extending beyond domestic operations.
QuantSolar's top competitors include Sukhbir Agro Energy, Sterling and Wilson and NTPC Renewable Energy.
QuantSolar offers FSPV Solutions, Site Feasibility Study, Design and Engineering, Installation and Commissioning, and Operation and Maintenance.
QuantSolar has 4 investors. Key investors include Geetika Tiwari, Sun Power and Consultants, Mohan Kumar, and Antrish.
The valuation of QuantSolar is $8M as of Sep 2023.