About Solnce Energy
Solnce Energy is a Financial Services company based in Surat (India) founded in 2021 by Manish Shah, Chintan Mayur Shah, Yash Avinash Tarwadi, and Nilesh Shah. Provider of end-to-end solar solutions and financing options. It operates in the Financial Services and Energy & Utilities sectors. 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. Solnce Energy was last valued at $630.36 thousand in July 2022. Its chief executive, as recorded, is Yash Avinash Tarwadi. Its Indian entity Solnce Energy Private Limited reported revenue of ₹40.67 Cr. Solnce Energy offers products and services including Solnce App, Residential Solar, Industrial Solar, Solar Loan, and Solar Cleaning. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and ECommerce. Its competitors include Fourth Partner Energy, SunSure and Sterling And Wilson; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Surat, India
- Employees 1
- Founders Manish Shah, Chintan Mayur Shah, Yash Avinash Tarwadi, Nilesh Shah
- SectorsFinancial ServicesEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solnceenergy.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Solnce Energy Private Limited
- Date of Incorporation 29 Jun, 2021
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹40.67 Cr
FY 2025 · +114% YoY
- Net Profit₹1.66 Cr
FY 2025 · 4% margin
- EBITDA₹1.69 Cr
FY 2025 · 4% margin
- Total Equity Funding$178.42K (USD)
in 2 rounds
- Latest Funding Round$115.42K (USD), Angel Round
Feb 2025
- Employee Count1
Associated legal entities of Solnce Energy
Solnce Energy is associated with 3 registered companies on The Company Check; the primary company is Solnce Energy Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solnce Energy Private Limited CIN U74999GJ2021PTC123693 | Active | 29 Jun 2021 | Surat, Gujarat | ₹40.7 Cr | 6 | 4 | View details |
| Solnce Green Energy Llp CIN AAR-9010 | Active | 13 Feb 2020 | Surat, Gujarat | ₹8.9 Cr | 2 | View details | |
| Solnce Technologies Private Limited CIN U74220GJ2021PTC125806 | Active | 23 Sep 2021 | Surat, Gujarat | ₹0.0 Cr | 2 | View details |
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
Apps and channels of Solnce Energy
Solnce Energy publishes 2 mobile apps with over 10K+ downloads.
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.
- Total Funding $178,417
- Total Rounds 2
- Last Round Angel Round — $115,420
- First Round $62,997
(Jul 2022)
- Investors Count 6
All 2 funding rounds of Solnce Energy 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 |
|---|---|---|---|---|---|
| Feb 2025 | $115,420 | Angel Round | – | – | |
| Jul 2022 | $62,997 | Angel Round | $630,358 | – |
Last known valuation $630,358 (Jul 2022). 6 investors in total: 0 institutional and 6 angel.
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 |
|---|---|---|---|---|
SS Sivakiran Singaraju | unknown_124d33ebb31c4b708 | |||
AM Anupam Mittal | Founder of Shaadi.com, angel investor, Shark Tank India judge | unknown_ebe2286cb9884ea28 | ||
VS Vineeta Singh | Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge | unknown_ebbd0aca029844a0a | ||
KB Kunal Bahl | Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups | unknown_942c781283a541f8b | ||
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | unknown_d956613e172247809 | ||
PB Peyush Bansal | Founder of Lenskart, prominent angel investor, Shark Tank India judge | unknown_05545f1ebed64c7a8 |
Investor details for Solnce Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Solnce Energy Private Limited (Solnce Energy)
Solnce Energy Private Limited is the primary company behind Solnce Energy. The boards of the 3 registered companies of Solnce Energy currently have 7 directors; the longest-serving is Chintan Mayur Shah, appointed in 2021. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chintan Mayur Shah DIN 08940846 | Director | 29 Jun 2021 | 5 yrs 4 mo | Solnce Energy Private Limited |
| Yash Avinash Tarwadi DIN 08698139 | Director | 29 Jun 2021 | 5 yrs 4 mo | Solnce Energy Private Limited |
| Manishkumar Shah DIN 10013515 | Director | 30 Sep 2023 | 3 yrs 1 mo | Solnce Energy Private Limited |
| Nilesh Maheshbhai Shah DIN 09448312 | Director | 30 Sep 2023 | 3 yrs 1 mo | Solnce Energy Private Limited |
| Nishit Kaushikkumar Shah DIN 10716932 | Additional Director | 01 Aug 2024 | 2 yrs 3 mo | Solnce Technologies Private Limited |
| Nimishaben Avinashbhai Tarwadi DIN 09330785 | Designated Partner | 01 Jan 2025 | 1 yr 10 mo | Solnce Green Energy Llp, Solnce Technologies Private Limited |
| Mayur Suryakant Shah DIN 10951260 | Designated Partner | 01 Jan 2025 | 1 yr 10 mo | Solnce Green Energy Llp |
People of Solnce Energy
4 people are tracked at Solnce Energy (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Manish Shah | Co-Founder & COO | Leadership |
| Co-Founder & CFO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder,CSO & CTO | Leadership |
Complete people profiles for Solnce Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Solnce Energy
Figures of Solnce Energy Private Limited, the primary company behind Solnce Energy, for FY 2025. Revenue was ₹40.67 Cr (+114% year on year). Net profit was ₹1.66 Cr (4% margin). EBITDA was ₹1.69 Cr (4% margin). Revenue has grown at a compounded annual rate of +5264% over three years.
- ₹40.67 CrRevenue · FY 2025 · +114% YoY
- ₹1.66 CrNet profit · 4% margin
- ₹1.69 CrEBITDA · 4% margin
- ₹74.8 LakhPaid-up capital
- 6Employees (provident fund records)
- +5264%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Solnce Energy Private Limited are on its company page.
Detailed financial statements for Solnce Energy
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 Solnce Energy
3 dated milestones of Solnce Energy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Solnce Energy is founded.
- Funding First funding round of $63K.
- Funding Latest funding round, Angel Round, of $115K.
Competitors of Solnce Energy
Solnce Energy has 3 listed competitors in our database, 2 of them funded. They include Fourth Partner Energy, SunSure and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sunsure-energy.com | 2015 | Delhi, India | 254 | Renewable energy solutions including solar EPC and PPAs are provided. | ||
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed competitors of Solnce Energy
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 Solnce Energy
The website of Solnce Energy (solnceenergy.com) receives about 5K visits a month.
- Monthly visits5K
▲ 50.5% vs previous month
Websites whose visitors overlap most with Solnce Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ratedpower.com | 100% | 166.9K | #224,509 | View details | |
| aerem.co | 100% | 8.7K | #2,637,860 | View details | |
| solariumenergy.in | 70% | 13.6K | #1,922,991 | View details | |
startuparticle.com | startuparticle.com | 60% | #1,867,765 | – | |
| acmesolar.in | 31% | 12.8K | #1,765,266 | View details |
Top companies in Alternative Lending
3 companies that operate in the same segment as Solnce Energy (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 185.7 M | 2,787 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Solnce Energy
Complete news archive for Solnce Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of Solnce Energy, as recorded in our data. 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. The company's 1st funding round was a Angel Round of $63K, raised on Jul 2022.
Solnce Energy has 1 employees.
The primary company behind Solnce Energy, Solnce Energy Private Limited, reported revenue of ₹40.67 Cr for FY 2025, up 114% year on year.
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, SunSure and Sterling And Wilson.
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.
Solnce Energy is associated with 3 legal entities: Solnce Energy Private Limited, Solnce Green Energy Llp, Solnce Technologies Private Limited.