About Solfin
Solfin is a company based in Gurugram (India) founded in 2022 by Gautam Kaushik and Pramod Mahanta. Solfin has raised $25.64 million across 3 funding rounds from investors including Waaree Sustainable Finance, PointOne Capital and QED Innovation Labs. The company has 1 employees as of July 22, 2024. Solfin has completed 1 acquisition, including Dhanvikas. Solfin operates in a competitive market with competitors including Apollo Finvest, Xtracap Fintech, Globe Fincap, TezzCapital and Starteck Finance, among others.
- Headquarter Gurugram, India
- Employees 1 as on 22 Jul, 2024
- Founders Gautam Kaushik, Pramod Mahanta
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Sectors
Financial Services
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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 Xsfinance And Investment Private Limited
- Date of Incorporation 01 Dec, 2022
- Jurisdiction Sadar Bazar, Haryana, India
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Annual Revenue
Not available
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Net Profit
-$3.32 K (USD)0as on Mar 31, 2023
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EBITDA
-$3.32 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$25.64 M (USD)
in 3 rounds
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Latest Funding Round
$13.74 M (USD), Series B
Feb 01, 2026
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Investors
Waaree Sustainable Finance
& 17 more
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Employee Count
1
as on Jul 22, 2024
- Investments & Acquisitions
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Funding Insights of Solfin
Solfin has successfully raised a total of $25.64M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $13.74 million completed in February 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 Solfin
Solfin has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Waaree Sustainable Finance, PointOne Capital and QED Innovation Labs.
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Investor details for Solfin
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Investments & Acquisitions by Solfin
Solfin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dhanvikas.
Investment portfolio details for Solfin
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Solar energy services are provided to residential and commercial customers.
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Complete acquisition details for Solfin
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Financial Statements - Solfin
Detailed financials for Solfin
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Solfin Comparisons
Peer comparison for Solfin
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Competitors of Solfin
Solfin 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 Apollo Finvest, Xtracap Fintech, Globe Fincap, TezzCapital and Starteck Finance, among others.
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Digital loans are enabled for companies to offer.
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Small business loans are extended to enterprises by Xtracap Fintech.
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Offers comprehensive SME loan solutions to support business growth.
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Offers a lending-as-a-service platform for MSME loans to support business growth.
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Financing solutions are provided to retail and small-medium enterprises.
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Detailed competitors of Solfin
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Latest news on Solfin
Complete news archive for Solfin
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Frequently Asked Questions about Solfin
Solfin was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Solfin is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Solfin is a funded company, having raised a total of $25.64M across 3 funding rounds to date.
As of Jul 22, 2024, the latest employee count at Solfin is 1.
Solfin was founded in 2022 and is headquartered in Gurugram, India. Loans are extended to small and medium enterprises within the renewable energy sector, specifically for solar initiatives. Collaboration with real estate developers is maintained to finance and manage the construction of community-scale, ground-mounted solar arrays. Clean power generation is facilitated through these projects across India.
Solfin's top competitors include Xtracap Fintech, Apollo Finvest and Starteck Finance.
Solfin has made 1 acquisition, including Dhanvikas.
Solfin has 18 investors. Key investors include Waaree Sustainable Finance, PointOne Capital, QED Innovation Labs, Mansukhbhai Dankhara, and Ramakant Khandelwal.