Roofsol Energy

Mumbai, India Founded: 2016 • Age: 10 yrs
Provides solar plant installations, providing engineering, procurement, and construction services
Annual revenue $17.9M Latest available
Total funding $66.8M 8 rounds
Employees 149 Tracked headcount
Investors 33 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Roofsol Energy

Roofsol Energy is a company based in Mumbai (India) founded in 2016 by Dipankar Pal and Raja Babu Kalla. Roofsol Energy has raised $66.8 million across 8 funding rounds from investors including Aseem Infra Finance, Dhoot Industrial Finance and Ranjan Vora. The company has 149 employees as of August 27, 2025. Roofsol Energy offers products and services including EPC Services, Operation and Maintenance, Installation and Commissioning, OPEX/BOOT Model, and Roofsheet Changing Service. Roofsol Energy operates in a competitive market with competitors including Fourth Partner Energy, Sterling And Wilson, GREW, Mahindra Susten and InSolare Energy, among others.

  • Headquarter Mumbai, India
  • Employees 149 as on 27 Aug, 2025
  • Founders Dipankar Pal, Raja Babu Kalla
  • Sectors
    Energy & Utilities
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  • Legal Name Roofsol Energy Private Limited
  • Date of Incorporation 03 Oct, 2007
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.9 M (USD)
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    as on Mar 31, 2024
  • Net Profit
    $1.17 M (USD)
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    as on Mar 31, 2024
  • EBITDA
    $1.72 M (USD)
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    as on Mar 31, 2024
  • Total Equity Funding
    $66.8 M (USD)

    in 8 rounds

  • Latest Funding Round
    $27.55 M (USD), Debt – Conventional

    Jun 24, 2026

  • Investors
  • Employee Count
    149

    as on Aug 27, 2025

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Products & Services of Roofsol Energy

Roofsol Energy offers a comprehensive portfolio of products and services, including EPC Services, Operation and Maintenance, Installation and Commissioning, OPEX/BOOT Model, and Roofsheet Changing Service.

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Primary

Engineering, procurement, and construction for solar projects.

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Ensures optimal performance of solar systems post-installation.

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Handles setup and activation of solar systems for clients.

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Provides solar power via long-term power purchase agreements.

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Maintains and upgrades rooftops for solar panel efficiency.

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Develops solar projects for grid power generation and sales.

People of Roofsol Energy

Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Dipankar Pal
Managing Director
People
Anurag Chivilkar
Director, Vice President - Business Development
People
Namrata Tambe
Senior Design Engineer
People
Moulik Tiwari
Senior Engineer (structural Design)

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Funding Insights of Roofsol Energy

Roofsol Energy has successfully raised a total of $66.8M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $27.55 million completed in June 2026. 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 Roofsol Energy

Roofsol Energy has secured backing from 33 investors, including angel and institutional investors. Prominent investors backing the company include Aseem Infra Finance, Dhoot Industrial Finance and Ranjan Vora.

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Institutional
Angel
Investor Description Founded Year Domain Location
Financing is provided for industrial equipment and chemicals.
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Equity4Life is engaged in financial services and investor education in India.
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Investor details for Roofsol Energy

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Investments & Acquisitions by Roofsol Energy

Investments
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Investment portfolio details for Roofsol Energy

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Financial Statements - Roofsol Energy

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Detailed financials for Roofsol Energy

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Roofsol Energy Comparisons

Roofsol Energy Primary company
Description
Provides solar plant installations, providing engineering, p...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$17.9 M (USD)
Net Profit
$1.17 M (USD)
EBITDA
$1.72 M (USD)
Employees
149
As of 2025
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Peer comparison for Roofsol Energy

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Competitors of Roofsol Energy

Roofsol Energy 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, Sterling And Wilson, GREW, Mahindra Susten and InSolare Energy, among others.

Company Name Domain Founded year HQ Location Description
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On-grid and off-grid solar solutions and products are provided.
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EPC and MEP services are provided across diverse sectors.
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Provider of a range of solar products and services
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Turnkey EPC services for solar power plants are provided.
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Solar large-scale projects are developed and installed by InSolare Energy.
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Grid-connected solar PV plants are developed and operated.
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Detailed competitors of Roofsol Energy

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Latest news on Roofsol Energy

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Complete news archive for Roofsol Energy

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Frequently Asked Questions about Roofsol Energy

Roofsol Energy was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Roofsol Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Raja Babu Kalla is the current CEO of Roofsol Energy. They have also founded this company.

Roofsol Energy is a funded company, having raised a total of $66.8M across 8 funding rounds to date.

As of Aug 27, 2025, the latest employee count at Roofsol Energy is 149.

Annual revenue of Roofsol Energy is $17.9M as on Mar 31, 2024.

Roofsol Energy was founded in 2016 and is headquartered in Mumbai, India. Engineering, procurement, and construction services for solar power plants are handled by the company, with a focus on on-site installations. Both CAPEX and OPEX models are employed in operations within the renewable energy sector. Services are extended to clients seeking sustainable power solutions in the region.

Roofsol Energy's top competitors include Fourth Partner Energy, GREW and Sukhbir Agro Energy.

Roofsol Energy offers EPC Services, Operation and Maintenance, Installation and Commissioning, OPEX/BOOT Model, and 2 more products and services.

Roofsol Energy has 33 investors. Key investors include Aseem Infra Finance, Dhoot Industrial Finance, Ranjan Vora, Vivek Lodha, and IH Consultancy Services.

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