raytopsolar

Chennai, India Founded: 2021 • Age: 5 yrs
Online platform providing solar assessments, installations, and savings calculations for homes.

About raytopsolar

raytopsolar is a company based in Chennai (India) founded in 2021. It operates as a B2C and Marketplace. raytopsolar offers products and services including 3 kW On Grid Solar System, 5 kW On Grid Solar System, and 5 kW On Grid Solar System with Micro Inverter. raytopsolar operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.

Key Metrics
  • Annual Revenue
    ₹1.7 Lakh

    FY 2024 · -92% YoY

  • Net Loss
    -₹5.4 Lakh

    FY 2024 · -319% margin

  • EBITDA
    -₹5.4 Lakh

    FY 2024 · -319% margin

Products & Services of raytopsolar

raytopsolar offers a comprehensive portfolio of products and services, including 3 kW On Grid Solar System, 5 kW On Grid Solar System, and 5 kW On Grid Solar System with Micro Inverter.

3 kW On Grid Solar System
Solar Installation

On-grid solar system with bifacial panels and subsidies for home use.

5 kW On Grid Solar System
Solar Installation

String inverter system for residential solar energy generation and savings.

5 kW On Grid Solar System with Micro Inverter
Solar Installation

Enphase micro inverter setup for efficient home solar power delivery.

Board of directors of Astathon Technologies Private Limited (raytopsolar)

Astathon Technologies Private Limited is the primary company behind raytopsolar. The board of Astathon Technologies Private Limited currently have 2 directors; the longest-serving is Nenmali Vasudevan Srinivasan, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Nenmali Vasudevan Srinivasan
DIN 07808185
Director11 Jul 20179 yrs 2 moAstathon Technologies Private Limited
Vasudevan Dilipan
DIN 07812202
Director11 Jul 20179 yrs 2 moAstathon Technologies Private Limited

Financials of raytopsolar

Figures of Astathon Technologies Private Limited, the primary company behind raytopsolar, for FY 2024. Revenue was ₹1.7 Lakh (-92% year on year). Net loss was -₹5.4 Lakh (-319% margin). EBITDA was -₹5.4 Lakh (-319% margin).

  • ₹1.7 LakhRevenue · FY 2024 · -92% YoY
  • -₹5.4 LakhNet loss · -319% margin
  • -₹5.4 LakhEBITDA · -319% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Astathon Technologies Private Limited are on its company page.

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Detailed financial statements for raytopsolar

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Competitors of raytopsolar

raytopsolar 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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
borosilrenewables.com1962Mumbai, India–762
Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
servotech.in2004Delhi, India–178
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
nessa.in2008Ahmedabad, India$95,27784
Offers solar consumer goods
sukam-solar.com1998Gurugram, India$10.08M97
Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries
hvrsolar.com2016Delhi, India–59
Manufactures solar panels, batteries, and modules for renewable energy solutions in India.
gautamsolar.com1997Delhi, India–19
Manufactures solar modules and power plants with high-efficiency technology in India.
ksolare.com2012Pune, India–52
Manufactures solar inverters and EV chargers for renewable energy solutions.
dhashtec.com2017Bengaluru, India–100
Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels.
kosolenergie.com2005Ahmedabad, India–92
Manufactures solar products, provides renewable energy systems, and offers EPC services internationally.
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Detailed competitors of raytopsolar

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Similar companies to raytopsolar

10 companies that operate in the same segment as raytopsolar (Renewable Energy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Manufacturer of smart solar inverters
2006Herzliya, Central District, IsraelUSD 96.8 MUSD 1.18 B5,630
Solar panel tracking software is provided for monitoring and control.
2013Fremont, California, United StatesUSD 42.63 MUSD 3.56 B1,300
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 1.88 B––
Full-end solar services are provided to residential and commercial sectors.
2009Charleston, South Carolina, United StatesUSD 670.36 M––
Micro-inverters and energy storage systems are manufactured for solar applications.
2006Fremont, California, United StatesUSD 100.07 MUSD 1.47 B2,780
Producer and supplier of green hydrogen
2017Nantes, Pays De La Loire, FranceUSD 96.93 MUSD 11.48 M199
Online platform for funding solar projects
2015New York, New York, United StatesUSD 503.95 M–30
Provider of hydrogen production and storage solutions
1927Oslo, Oslo, Norway–USD 95.55 M409
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Frequently Asked Questions about raytopsolar

raytopsolar was founded in 2021.

raytopsolar is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

The primary company behind raytopsolar, Astathon Technologies Private Limited, reported revenue of β‚Ή1.7 Lakh for FY 2024, down 92% year on year.

Solar For Home is a Chennai-based marketplace that connects homeowners with verified solar installers for assessments, customized quotes, and professional installations. It facilitates on-grid solar systems with subsidies, online support, and financing options to reduce electricity bills and promote renewable energy. The service includes lifetime monitoring and helps users understand savings through tools like EB bill calculators, serving residential clients in India with a focus on sustainability and cost efficiency.

raytopsolar's top competitors include Servoteh, Borosil Renewables and SuKam Solar.

raytopsolar offers 3 kW On Grid Solar System, 5 kW On Grid Solar System, and 5 kW On Grid Solar System with Micro Inverter.

raytopsolar operates through Astathon Technologies Private Limited.

The legal entities of raytopsolar currently have 2 directors, including Nenmali Vasudevan Srinivasan, Vasudevan Dilipan.

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