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 $31.23 million across 6 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
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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 Roofsol Energy Private Limited
- Date of Incorporation 03 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$17.9 M (USD)0as on Mar 31, 2024
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Net Profit
$1.17 M (USD)0as on Mar 31, 2024
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EBITDA
$1.72 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$31.23 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series B
May 27, 2025
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Investors
Aseem Infra Finance
& 32 more
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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. 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.
Engineering, procurement, and construction for solar projects.
Ensures optimal performance of solar systems post-installation.
Handles setup and activation of solar systems for clients.
Provides solar power via long-term power purchase agreements.
Maintains and upgrades rooftops for solar panel efficiency.
Develops solar projects for grid power generation and sales.
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Funding Insights of Roofsol Energy
Roofsol Energy has successfully raised a total of $31.23M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in May 2025. 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 6
- Last Round Series B — $25.0M
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First Round
First Round
(20 Apr 2021)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Roofsol Energy | Valuation |
investors |
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| Oct, 2024 | Amount | Series A - Roofsol Energy | Valuation | Ranjan Vora | |
| Oct, 2024 | Amount | Seed - Roofsol Energy | Valuation |
investors |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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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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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Roofsol Energy
| 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 - Roofsol Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Roofsol Energy Comparisons
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. 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 |
On-grid and off-grid solar solutions and products are provided.
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| domain | founded_year | HQ Location |
EPC and MEP services are provided across diverse sectors.
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| domain | founded_year | HQ Location |
Provider of a range of solar products and services
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| domain | founded_year | HQ Location |
Turnkey EPC services for solar power plants are provided.
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| domain | founded_year | HQ Location |
Solar large-scale projects are developed and installed by InSolare Energy.
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| domain | founded_year | HQ Location |
Grid-connected solar PV plants are developed and operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Roofsol Energy
When was Roofsol Energy founded?
Roofsol Energy was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Roofsol Energy located?
Roofsol Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Roofsol Energy?
Raja Babu Kalla is the current CEO of Roofsol Energy. They have also founded this company.
Is Roofsol Energy a funded company?
Roofsol Energy is a funded company, having raised a total of $31.23M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3.03M, raised on Apr 20, 2021.
How many employees does Roofsol Energy have?
As of Aug 27, 2025, the latest employee count at Roofsol Energy is 149.
What is the annual revenue of Roofsol Energy?
Annual revenue of Roofsol Energy is $17.9M as on Mar 31, 2024.
What does Roofsol Energy do?
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.
Who are the top competitors of Roofsol Energy?
Roofsol Energy's top competitors include Fourth Partner Energy, GREW and Sukhbir Agro Energy.
What products or services does Roofsol Energy offer?
Roofsol Energy offers EPC Services, Operation and Maintenance, Installation and Commissioning, OPEX/BOOT Model, and 2 more products and services.
Who are Roofsol Energy's investors?
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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