About Solnce Energy
Solnce Energy is a company based in Surat (India) founded in 2021 by Manish Shah, Chintan Mayur Shah, Yash Avinash Tarwadi, and Nilesh Shah. Solnce Energy has raised $178.42 thousand across 2 funding rounds from investors including Sivakiran Singaraju, Anupam Mittal and Vineeta Singh. The company has 1 employees as of April 02, 2024. Solnce Energy offers products and services including Solnce App, Residential Solar, Industrial Solar, Solar Loan, and Solar Cleaning. Solnce Energy operates in a competitive market with competitors including Fourth Partner Energy, SunSure, Sterling And Wilson, GREW and Mahindra Susten, among others.
- Headquarter Surat, India
- Employees 1 as on 02 Apr, 2024
- Founders Manish Shah, Chintan Mayur Shah, Yash Avinash Tarwadi, Nilesh Shah
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Sectors
Financial ServicesEnergy & 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 Solnce Energy Private Limited
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$2.22 M (USD)1022.07as on Mar 31, 2024
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Net Profit
$31.5 K (USD)10364.92as on Mar 31, 2024
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EBITDA
$71.58 K (USD)875.61as on Mar 31, 2024
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Total Equity Funding
$178.42 K (USD)
in 2 rounds
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Latest Funding Round
$115.42 K (USD), Angel Round
Feb 22, 2025
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Investors
& 5 more
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Employee Count
1
as on Apr 02, 2024
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Products & Services of Solnce Energy
Solnce Energy offers a comprehensive portfolio of products and services, including Solnce App, Residential Solar, Industrial Solar, Solar Loan, and Solar Cleaning.
App for bidding and tracking solar projects
Services for home solar panel setup and maintenance
Solutions for business solar energy systems
Loans to fund solar installations
Cleaning services for solar panels
Funding Insights of Solnce Energy
Solnce Energy has successfully raised a total of $178.42K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $115.42 thousand completed in February 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.
Investors in Solnce Energy
Solnce Energy has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Sivakiran Singaraju, Anupam Mittal and Vineeta Singh.
| Investor | Description | Founded Year | Domain | Location |
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Sivakiran Singaraju |
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Anupam Mittal |
Founder of Shaadi.com, angel investor, Shark Tank India judge
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Vineeta Singh |
Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
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Locked | Locked | Locked |
Investor details for Solnce Energy
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Investments & Acquisitions by Solnce Energy
Investment portfolio details for Solnce Energy
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Financial Statements - Solnce Energy
Detailed financials for Solnce Energy
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Solnce Energy Comparisons
Peer comparison for Solnce Energy
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Competitors of Solnce Energy
Solnce 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, SunSure, Sterling And Wilson, GREW and Mahindra Susten, among others.
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On-grid and off-grid solar solutions and products are provided.
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Renewable energy solutions including solar EPC and PPAs 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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Provides solar plant installations, providing engineering, procurement, and construction services
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Detailed competitors of Solnce Energy
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Latest news on Solnce Energy
Complete news archive for Solnce Energy
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Frequently Asked Questions about Solnce Energy
Solnce Energy was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Solnce Energy is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Yash Avinash Tarwadi is the current CEO of Solnce Energy. They have also founded this company.
Solnce Energy is a funded company, having raised a total of $178.42K across 2 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Solnce Energy is 1.
Annual revenue of Solnce Energy is $2.22M as on Mar 31, 2024.
Solnce Energy was founded in 2021 in Surat, India, within the renewable energy sector. Residential and industrial solar panel installations, maintenance, and cleaning services are offered. Solar loans are provided to enhance accessibility. A mobile application is utilized for project management, price comparison, and installer connections. Users are guided through the installation process via the app. Operations focus on comprehensive solar energy services.
Solnce Energy's top competitors include Fourth Partner Energy, GREW and Sukhbir Agro Energy.
Solnce Energy offers Solnce App, Residential Solar, Industrial Solar, Solar Loan, and Solar Cleaning.
Solnce Energy has 6 investors. Key investors include Sivakiran Singaraju, Anupam Mittal, Vineeta Singh, Kunal Bahl, and Aman Gupta.
The valuation of Solnce Energy is $630.36K as of Jul 2022.