About Soltec
Soltec is a company founded in 2004.. Soltec offers products and services including SFOneX, SFOne, and SF7. Soltec operates in a competitive market with competitors including Arena Power, Valfortec, DVP Solar, Elmya Energy and Kolya, 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 Soltec Trackers Private Limited
- Date of Incorporation 20 Feb, 2017
- Jurisdiction Saket, New Delhi, Delhi, India
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Annual Revenue
$156.87 K (USD)-9.81as on Mar 31, 2022
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Net Profit
$-7.39 K (USD)-167.96as on Mar 31, 2022
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EBITDA
$17.42 K (USD)-49.46as on Mar 31, 2022
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Latest Funding Round
$115.4 M (USD), Debt – Conventional
Oct 04, 2018
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Investors
Caixabank
& 10 more
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Employee Count
Employee Count
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Products & Services of Soltec
Soltec offers a comprehensive portfolio of products and services, including SFOneX, SFOne, and SF7. 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.
Solar tracker for large-scale photovoltaic projects
Efficient system for solar energy optimization
Tracker designed for specific market needs
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Funding Insights of Soltec
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $115.4M
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First Round
First Round
(04 Oct 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Debt – Conventional - Soltec | Valuation |
investors |
| 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 Soltec
Soltec has secured backing from 11 investors, including institutional investors. Prominent investors backing the company include Caixabank, Bankinter and Banco Sabadell. 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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Commercial banking services are provided to individuals and institutions globally.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to individuals and businesses.
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Founded Year | Domain | Location | |
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Retail and business banking services are provided in Spain.
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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 Soltec
| 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 - Soltec
| 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 |
Soltec Comparisons
Competitors of Soltec
Soltec 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 Arena Power, Valfortec, DVP Solar, Elmya Energy and Kolya, 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 PV projects are developed by Arena Power in Spain.
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| domain | founded_year | HQ Location |
Develops, constructs, and manages photovoltaic plants for sustainable energy solutions.
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| domain | founded_year | HQ Location |
Developer of large-scale photovoltaic solar projects
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| domain | founded_year | HQ Location |
Develops renewable energy projects including solar, battery storage, and green hydrogen in Europe.
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| domain | founded_year | HQ Location |
Specializes in developing photovoltaic energy projects and green hydrogen production in Spain.
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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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Latest news on Soltec
Frequently Asked Questions about Soltec
When was Soltec founded?
Soltec was founded in 2004 and raised its 1st funding round 14 years after it was founded.
What is the annual revenue of Soltec?
Annual revenue of Soltec is $156.87K as on Mar 31, 2022.
What does Soltec do?
Soltec was founded in 2004 within the renewable energy sector. Photovoltaic solar energy systems and components are designed and manufactured by the company. Operations center on engineering solutions for solar power generation, including trackers and mounting structures. Services extend to project integration and support for utility-scale installations. The domain soltec.com serves as the primary online presence, with activities spanning global markets where data is available.
Who are the top competitors of Soltec?
Soltec's top competitors include DVP Solar, Arena Power and Valfortec.
What products or services does Soltec offer?
Soltec offers SFOneX, SFOne, and SF7.
Who are Soltec's investors?
Soltec has 11 investors. Key investors include Caixabank, Bankinter, Banco Sabadell, Santander, and Ibercaja.
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