About Ray Go Solar
Ray Go Solar is a company based in Klang (Malaysia) founded in 2012.. Ray Go Solar has raised $331.36 thousand across 1 funding round. Ray Go Solar offers products and services including Solar PV Installation and Solar Consultancy. Ray Go Solar operates in a competitive market with competitors including Solarvest Energy, Cypark Resources Berhad, Gading Kencana, TNB Renewables and Mexter, among others.
- Headquarter Klang, Malaysia
- Stage Public
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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 Ray Go Solar Holdings Bhd.
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Annual Revenue
$7.33 M (USD)-1.02as on Oct 31, 2025
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Net Profit
$155.68 K (USD)-49.94as on Oct 31, 2025
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EBITDA
$1.11 M (USD)-11.56as on Oct 31, 2025
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Total Equity Funding
$331.36 K (USD)
in 1 rounds
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Latest Funding Round
$331.36 K (USD), Seed
Oct 08, 2018
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Investors
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Employee Count
Employee Count
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IPO & Listings of Ray Go Solar
Ray Go Solar is a publicly listed company on the MYX with ticker symbol RGS in Malaysia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ray Go Solar
Ray Go Solar offers a comprehensive portfolio of products and services, including Solar PV Installation and Solar Consultancy. 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.
Provides engineering, procurement, and commissioning for solar systems.
Offers expert advice on solar projects and energy efficiency.
Funding Insights of Ray Go Solar
Ray Go Solar has successfully raised a total of $331.36K through 1 strategic funding round. The most recent funding activity was a Seed round of $331.36 thousand completed in October 2018. 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 Seed — $331,361
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First Round
First Round
(08 Oct 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Seed - Ray Go Solar | Valuation |
investors |
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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 |
Investments & Acquisitions by Ray Go Solar
| 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 - Ray Go Solar
| 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 |
Ray Go Solar Comparisons
Competitors of Ray Go Solar
Ray Go 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 Solarvest Energy, Cypark Resources Berhad, Gading Kencana, TNB Renewables and Mexter, 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 energy projects are developed and maintained with full services.
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| domain | founded_year | HQ Location |
Solar engineering, procurement, and construction services are provided.
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| domain | founded_year | HQ Location |
Provides electrical maintenance, energy audits, solar systems, and consulting services in Malaysia.
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| domain | founded_year | HQ Location |
Provides renewable energy development and asset management services in Southeast Asia.
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| domain | founded_year | HQ Location |
Equipment performance monitoring system and solar service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ray Go Solar
When was Ray Go Solar founded?
Ray Go Solar was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Ray Go Solar located?
Ray Go Solar is headquartered in Klang, Malaysia. It is registered at Klang, Selangor, Malaysia.
Is Ray Go Solar a funded company?
Ray Go Solar is a funded company, having raised a total of $331.36K across 1 funding round to date. The company's 1st funding round was a Seed of $331.36K, raised on Oct 08, 2018.
What is the annual revenue of Ray Go Solar?
Annual revenue of Ray Go Solar is $7.33M as on Oct 31, 2025.
What does Ray Go Solar do?
Ray Go Solar was established in 2012 in Klang, Malaysia, where operations in the renewable energy sector are conducted. Solar panels are produced through dedicated manufacturing processes, with a focus on photovoltaic technology. The company maintains its online presence via raygosolar.com and supports regional energy needs in Southeast Asia. Activities are centered on production and distribution without additional services noted.
Who are the top competitors of Ray Go Solar?
Ray Go Solar's top competitors include Cypark Resources Berhad, Solarvest Energy and Mexter.
What products or services does Ray Go Solar offer?
Ray Go Solar offers Solar PV Installation and Solar Consultancy.
Is Ray Go Solar publicly traded?
Yes, Ray Go Solar is publicly traded on MYX under the ticker symbol RGS.
What is Ray Go Solar's ticker symbol?
The ticker symbol of Ray Go Solar is RGS on MYX.