About Rays Power Infra
Rays Power Infra is a company based in Jaipur (India) founded in 2011 by Ketan Mehta and Pawan Sharma. Rays Power Infra has raised $57.02 million across 6 funding rounds from investors including DMI Finance, Weststone Management Consultancy and Vanaja Sundar Iyer. The company has 385 employees as of October 10, 2025. Rays Power Infra offers products and services including EPC & Development, Operation & Maintenance, Rooftop Solar, Project Management & Consulting, and Energy Storage. Rays Power Infra operates in a competitive market with competitors including Fourth Partner Energy, SB Energy, Amplus Solar, Sterling And Wilson and Oriano Solar, among others.
- Headquarter Jaipur, India
- Employees 385 as on 10 Oct, 2025
- Founders Ketan Mehta, Pawan Sharma
- 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 Rays Power Infra Limited
- Date of Incorporation 13 Jun, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$125.31 M (USD)20.85as on Mar 31, 2024
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Net Profit
$10.68 M (USD)-30.16as on Mar 31, 2024
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EBITDA
$14.02 M (USD)62.58as on Mar 31, 2024
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Total Equity Funding
$57.02 M (USD)
in 6 rounds
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Latest Funding Round
$16.23 M (USD), Series C
Jul 09, 2024
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Investors
DMI Finance
& 50 more
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Employee Count
385
as on Oct 10, 2025
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Products & Services of Rays Power Infra
Rays Power Infra offers a comprehensive portfolio of products and services, including EPC & Development, Operation & Maintenance, Rooftop Solar, Project Management & Consulting, and Energy Storage.
Provides engineering, procurement, and construction for solar power plants.
Offers technical support to maximize solar project lifespan.
Delivers customized rooftop energy generation systems.
Provides support for solar projects worldwide.
Supplies systems for uninterrupted solar power storage.
People of Rays Power Infra
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Funding Insights of Rays Power Infra
Rays Power Infra has successfully raised a total of $57.02M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $16.23 million completed in July 2024. 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 Rays Power Infra
Rays Power Infra has secured backing from 51 investors, including angel and institutional investors. Prominent investors backing the company include DMI Finance, Weststone Management Consultancy and Vanaja Sundar Iyer.
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Equity4Life is engaged in financial services and investor education in India.
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Invests in fast-growing Indian companies through concentrated equity portfolios.
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Personal, MSME, consumption, and EV loans are provided digitally.
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Investor details for Rays Power Infra
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Investments & Acquisitions by Rays Power Infra
Investment portfolio details for Rays Power Infra
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Financial Statements - Rays Power Infra
Detailed financials for Rays Power Infra
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Rays Power Infra Comparisons
Peer comparison for Rays Power Infra
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Competitors of Rays Power Infra
Rays Power Infra 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 Fourth Partner Energy, SB Energy, Amplus Solar, Sterling And Wilson and Oriano Solar, among others.
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On-grid and off-grid solar solutions and products are provided.
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Solar energy projects are developed and managed globally.
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Solar installation services and renewable energy solutions are provided.
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EPC and MEP services are provided across diverse sectors.
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Solar energy projects are developed by Oriano Solar in India.
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Detailed competitors of Rays Power Infra
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Latest news on Rays Power Infra
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Frequently Asked Questions about Rays Power Infra
Rays Power Infra was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Rays Power Infra is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Rays Power Infra is a funded company, having raised a total of $57.02M across 6 funding rounds to date.
As of Oct 10, 2025, the latest employee count at Rays Power Infra is 385.
Annual revenue of Rays Power Infra is $125.31M as on Mar 31, 2024.
Rays Power Infra was founded in 2011 and is based in Jaipur, India. Solar power plants are developed and constructed by the company within the renewable energy sector. Operation and maintenance services are offered, alongside project management and consulting for solar initiatives. Rooftop solar installations and energy storage systems are also handled. The full solar project lifecycle is covered, from design and development through to ongoing support.
Rays Power Infra's top competitors include Fourth Partner Energy, Oriano Solar and GREW.
Rays Power Infra offers EPC & Development, Operation & Maintenance, Rooftop Solar, Project Management & Consulting, and Energy Storage.
Rays Power Infra has 51 investors. Key investors include DMI Finance, Weststone Management Consultancy, Vanaja Sundar Iyer, Avarjit Singh Birghi, and Suneel Vadlamudi.
The valuation of Rays Power Infra is $34.63M as of Mar 2017.