About Solaer
Solaer is a company founded in 2011.. Solaer offers products and services including Renewable Energy Projects and Power Purchase Agreements. Solaer operates in a competitive market with competitors including SolarMente, Solarpack, TSK Electronics and Electricity, X-Elio and INDEREN, among others.
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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 Savitar Solaer Power System Private Limited
- Date of Incorporation 20 Jul, 2010
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2020
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Net Profit
$-205.29 (USD)0as on Mar 31, 2020
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EBITDA
$-205.29 (USD)0as on Mar 31, 2020
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
& 1 more
(Nov 10, 2023)
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Products & Services of Solaer
Solaer offers a comprehensive portfolio of products and services, including Renewable Energy Projects and Power Purchase Agreements. 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.
Development of solar and wind initiatives for decarbonization
Contracts for supplying renewable energy to partners
Funding Insights of Solaer
| 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 |
Investors in Solaer
Solaer has secured backing from 1 investor. Prominent investors backing the company include Solarpack. 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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Utility-scale solar photovoltaic projects are developed and managed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solaer
| 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 - Solaer
| 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 |
Solaer Comparisons
Competitors of Solaer
Solaer 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 SolarMente, Solarpack, TSK Electronics and Electricity, X-Elio and INDEREN, 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 |
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| domain | founded_year | HQ Location |
Solar panel installation services are provided in Barcelona, Spain.
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| domain | founded_year | HQ Location |
Utility-scale solar photovoltaic projects are developed and managed globally.
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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 |
Turnkey solutions for utility-scale photovoltaic plants are developed and operated.
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| domain | founded_year | HQ Location |
Solar panel installation services are provided in Spain.
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| domain | founded_year | HQ Location |
Delivers comprehensive wastewater treatment solutions for clients.
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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 Solaer
When was Solaer founded?
Solaer was founded in 2011.
What does Solaer do?
Solaer was founded in 2011 as a developer in the solar photovoltaic sector. Projects are promoted, developed, constructed, operated, and maintained through a vertically integrated approach that delivers turnkey solutions. Nearly 400 MW of connected power is provided across more than 130 systems. Facilities are designed to ensure returns over 25 years, after which infrastructure can be dismantled with minimal environmental impact.
Who are the top competitors of Solaer?
Solaer's top competitors include SolarMente, X-Elio and TSK Electronics and Electricity.
What products or services does Solaer offer?
Solaer offers Renewable Energy Projects and Power Purchase Agreements.
Who are Solaer's investors?
Solaer has 1 investor. Key investors include Solarpack.
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