Sova Solar

Kolkata, India Founded: 2008 • Age: 18 yrs
Solar modules and PERC cells are manufactured and provided.
Annual revenue $40.1M Latest available
Total funding $53,633 1 rounds
Employees 81 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Sova Solar

Sova Solar is a company based in Kolkata (India) founded in 2008 by Subrata Mukherjee. Sova Solar has raised $53.63 thousand across 1 funding round from investors including Abhaycommerce, Jain Coal and Co and Rosemarydealcom. The company has 81 employees as of November 30, 2024. Sova Solar operates in a competitive market with competitors including Trina Solar, First Solar, Kyocera, GREW and Su-Kam Power Systems, among others.

  • Headquarter Kolkata, India
  • Employees 81 as on 30 Nov, 2024
  • Founders Subrata Mukherjee
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $40.06 M (USD)
    -17
    as on Mar 31, 2024
  • Net Profit
    $3.93 M (USD)
    73
    as on Mar 31, 2024
  • EBITDA
    $6.4 M (USD)
    60
    as on Mar 31, 2024
  • Total Equity Funding
    $53.63 K (USD)

    in 1 rounds

  • Latest Funding Round
    $53.63 K (USD), Seed

    Jan 20, 2014

  • Investors
  • Employee Count
    81

    as on Nov 30, 2024

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Funding Insights of Sova Solar

Sova Solar has successfully raised a total of $53.63K through 1 strategic funding round. The most recent funding activity was a Seed round of $53.63 thousand completed in January 2014. 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 Sova Solar

Sova Solar has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Abhaycommerce, Jain Coal and Co and Rosemarydealcom.

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Institutional
Angel
Investor Description Founded Year Domain Location
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Investor details for Sova Solar

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Investments & Acquisitions by Sova Solar

Investments
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Investment portfolio details for Sova Solar

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Financial Statements - Sova Solar

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Detailed financials for Sova Solar

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Sova Solar Comparisons

Sova Solar Primary company
Description
Solar modules and PERC cells are manufactured and provided.
Location
Kolkata, India
Founded Year
2008
Annual Revenue
$40.06 M (USD)
Net Profit
$3.93 M (USD)
EBITDA
$6.4 M (USD)
Employees
81
As of 2024
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Peer comparison for Sova Solar

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Competitors of Sova Solar

Sova Solar 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 Trina Solar, First Solar, Kyocera, GREW and Su-Kam Power Systems, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Photovoltaic cells for PV and smart energy solutions are developed.
Locked Locked Locked
Provider of cadmium telluride-based flexible solar modules
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Kyocera is engaged in providing technology solutions globally.
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Provider of a range of solar products and services
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Solar panels and power storage products are manufactured.
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Solar modules are manufactured and EPC services are offered.
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Detailed competitors of Sova Solar

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Latest news on Sova Solar

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Complete news archive for Sova Solar

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Frequently Asked Questions about Sova Solar

Sova Solar was founded in 2008 and raised its 1st funding round 6 years after it was founded.

Sova Solar is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Sova Solar is a funded company, having raised a total of $53.63K across 1 funding round to date.

As of Nov 30, 2024, the latest employee count at Sova Solar is 81.

Annual revenue of Sova Solar is $40.06M as on Mar 31, 2024.

Sova Solar was founded in 2008 and is based in Kolkata, India. Operations focus on the solar energy sector, where solar modules are manufactured and supplied. PERC solar cells are offered to enhance energy production efficiency. Dual glass technology is incorporated in solar cells. Various types, including polycrystalline, mono PERC bi-facial, and mono PERC half-cut cells, are provided through the platform.

Sova Solar's top competitors include First Solar, Goldi Solar and Trina Solar.

Sova Solar has 5 investors. Key investors include Abhaycommerce, Jain Coal and Co, Rosemarydealcom, Nita Mukherijee, and Krish Mukherjee.

The valuation of Sova Solar is $1.73M as of Jan 2014.

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