About SOLAR91
SOLAR91 is an Energy & Utilities company based in Gurugram (India) founded in 2015 by Saurabh Vyas, Dhawal Vasavada, Prateek Agrawal, and Sandeep Gurnani. Solar energy projects are designed, installed, and maintained for businesses. SOLAR91 has raised $3.23 million across 3 funding rounds from investors including Lord's Mark, Pranav Bohra and Nova Global Opportunities Fund. The company has 14 employees. SOLAR91 was last valued at $15.33 million in May 2024. Its Indian entity Solar91 Cleantech Limited reported revenue of ₹42.97 Cr. SOLAR91 offers products and services including EPC Services, Solar Panel Installation, and RESCO Projects. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed competitors have raised funding.
Company details
SOLAR91 was founded in 2015 in Gurugram, India, within the renewable energy sector. Services encompass site surveys, system design, permits and approvals, installation, utility interconnection, inspection, commissioning, monitoring, and maintenance for solar-powered projects. Operations target businesses seeking sustainable electricity, with emphasis on cost reduction, emission cuts, and energy independence in the Indian market.
- Headquarters Gurugram, India
- Employees 14
- Founders Saurabh Vyas, Dhawal Vasavada, Prateek Agrawal, Sandeep Gurnani
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solar91.com
- Social LinkedIn Facebook Instagram
- Legal Name Solar91 Cleantech Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹42.97 Cr
FY 2024 · +14% YoY
- Net Profit₹2.60 Cr
FY 2024 · 6% margin
- EBITDA₹4.12 Cr
FY 2024 · 10% margin
- Total Equity Funding$3.23M (USD)
in 3 rounds
- Latest Funding Round$2.12M (USD), Series A
Aug 2025
- InvestorsLord's Mark
& 8 more
- Employee Count14
Associated legal entities of SOLAR91
SOLAR91 operates through Solar91 Cleantech Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solar91 Cleantech Limited CIN U40108RJ2015PLC048401 | Active | 07 Oct 2015 | Jaipur, Rajasthan | ₹43.0 Cr | 14 | 11 | View details |
Products & Services of SOLAR91
SOLAR91 offers a comprehensive portfolio of products and services, including EPC Services, Solar Panel Installation, and RESCO Projects.
End-to-end engineering and construction for solar projects.
Service for installing rooftop and ground solar panels.
Renewable energy services for environmental protection initiatives.
Funding Insights of SOLAR91
SOLAR91 has successfully raised a total of $3.23M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.12 million completed in August 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 $3.23M
- Total Rounds 3
- Last Round Series A — $2.12M
- First Round $72,761
(Oct 2022)
- Investors Count 9
All 3 funding rounds of SOLAR91 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $2.12M | Series A | – | Nova Global Opportunities Fund | |
| May 2024 | $1.03M | Series A | $15.33M | – | – |
| Oct 2022 | $72,761 | Angel Round | $2.37M | Pranav Bohra | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $15.33M | •••••••• |
| Oct 2022 | $2.37M | •••••••• |
Last known valuation $15.33M (May 2024). 9 investors in total: 4 institutional and 5 angel.
Investors in SOLAR91
SOLAR91 has secured backing from 9 investors, including angel and institutional investors. Prominent investors backing the company include Lord's Mark, Pranav Bohra and Nova Global Opportunities Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| novaglobalopportunitiesfund.tcc.mode | ||||
Renewable energy products are manufactured by Lords Mark in India. | 1998 | lordsmark.com | Mumbai, India | |
| abhinandanwealthmanagement.tcc.mode | ||||
| hathorcorporateadvisors.tcc.mode | ||||
PB Pranav Bohra | unknown_4cab5f4bc78d4232b | |||
RA Riddhi Aggarwal | unknown_78874757edc44fe8b | |||
RV Rushabh Valchand Jain | unknown_50488b731262432f8 | |||
VK Varun Kabra | unknown_d35e924524bd4ee19 | |||
NO Nareshkumar Otarmal | unknown_825f34ec30ce4b7fb |
Investor details for SOLAR91
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Solar91 Cleantech Limited (SOLAR91)
Solar91 Cleantech Limited is the primary company behind SOLAR91. The board of Solar91 Cleantech Limited currently have 8 directors; the longest-serving is Dhawal Gaurang Vasavada, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhawal Gaurang Vasavada DIN 07308872 | Whole-time director | 07 Oct 2015 | 11 yrs | Solar91 Cleantech Limited |
| Prateek Agrawal DIN 07308870 | Managing Director | 07 Oct 2015 | 11 yrs | Solar91 Cleantech Limited |
| Sandeep Gurnani DIN 07308871 | Whole-time director | 07 Oct 2015 | 11 yrs | Solar91 Cleantech Limited |
| Saurabh Vyas DIN 02216605 | Whole-time director | 01 Jan 2022 | 4 yrs 9 mo | Solar91 Cleantech Limited |
| Krishna Kumar Pant DIN 00198916 | Director | 23 May 2024 | 2 yrs 5 mo | Solar91 Cleantech Limited |
| Manan Jain DIN 08765552 | Director | 24 Jul 2024 | 2 yrs 3 mo | Solar91 Cleantech Limited |
| Ritesh Agnani DIN 02188401 | Director | 24 Jul 2024 | 2 yrs 3 mo | Solar91 Cleantech Limited |
| Ganga Vidya Narayanan DIN 08386652 | Director | 24 Jul 2024 | 2 yrs 3 mo | Solar91 Cleantech Limited |
People of SOLAR91
5 people are tracked at SOLAR91 (5 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Himanshu Joshi | Head Of Project Management And O&m | Leadership |
Complete people profiles for SOLAR91
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of SOLAR91
Figures of Solar91 Cleantech Limited, the primary company behind SOLAR91, for FY 2024. Revenue was ₹42.97 Cr (+14% year on year). Net profit was ₹2.60 Cr (6% margin). EBITDA was ₹4.12 Cr (10% margin). Revenue has grown at a compounded annual rate of +35% over three years and +31% over five years.
- ₹42.97 CrRevenue · FY 2024 · +14% YoY
- ₹2.60 CrNet profit · 6% margin
- ₹4.12 CrEBITDA · 10% margin
- ₹16.14 CrPaid-up capital
- 14Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solar91 Cleantech Limited are on its company page.
Detailed financial statements for SOLAR91
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SOLAR91
4 dated milestones of SOLAR91 across 10 years, from founding to its latest funding, stage changes and deals.
- Founded SOLAR91 is founded.
- Funding First funding round of $73K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.1M.
Competitors of SOLAR91
SOLAR91 has 3 listed competitors in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed competitors of SOLAR91
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SOLAR91
The website of SOLAR91 (solar91.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 52.3% vs previous month
Websites whose visitors overlap most with SOLAR91. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| esunscope.com | 100% | 1.5K | #12,953,791 | View details | |
| vareynsolar.com | 96% | View details |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SOLAR91 (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Related news about Solar91
Complete news archive for SOLAR91
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Frequently Asked Questions about SOLAR91
SOLAR91 was founded in 2015 and raised its 1st funding round 7 years after it was founded.
SOLAR91 is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
SOLAR91 is a funded company, having raised a total of $3.23M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $72.76K, raised on Oct 2022.
SOLAR91 has 14 employees.
The primary company behind SOLAR91, Solar91 Cleantech Limited, reported revenue of ₹42.97 Cr for FY 2024, up 14% year on year.
SOLAR91 was founded in 2015 in Gurugram, India, within the renewable energy sector. Services encompass site surveys, system design, permits and approvals, installation, utility interconnection, inspection, commissioning, monitoring, and maintenance for solar-powered projects. Operations target businesses seeking sustainable electricity, with emphasis on cost reduction, emission cuts, and energy independence in the Indian market.
SOLAR91's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
SOLAR91 offers EPC Services, Solar Panel Installation, and RESCO Projects.
SOLAR91 has 9 investors. Key investors include Lord's Mark, Pranav Bohra, Nova Global Opportunities Fund, Riddhi Aggarwal, and Rushabh Valchand Jain.
The valuation of SOLAR91 is $15.33M as of May 2024.
SOLAR91 operates through Solar91 Cleantech Limited.
The legal entities of SOLAR91 currently have 9 directors, including Saurabh Vyas, Manan Jain, Ritesh Agnani and others.