About SunFund
SunFund is a company based in Delhi (India) founded in 2016 by Ankit Sheoran and Rajiv Dinesh. It operates as a B2B. SunFund operates in a competitive market with competitors including SunSure, SafEarth, Ezysolare, Exchange4Solar and Indian Solar Market, among others.
- Headquarter Delhi, India
- Founders Ankit Sheoran, Rajiv Dinesh
- SectorsEnergy & Utilities
- Website sunfund.in
- Legal Name Sunfund Solar Private Limited
- Date of Incorporation 10 Jan, 2019
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹13.6 Lakh
FY 2024 · -93% YoY
- Net Loss-₹58,858
FY 2024 · -4% margin
- EBITDA₹1.7 Lakh
FY 2024 · 12% margin
Associated legal entities of SunFund
SunFund operates through Sunfund Solar Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sunfund Solar Private Limited CIN U93090HR2019PTC077741 | Active | 10 Jan 2019 | Gurugram, Haryana | ₹0.1 Cr | 5 | 2 | View details |
Board of directors of Sunfund Solar Private Limited (SunFund)
Sunfund Solar Private Limited is the primary company behind SunFund. The board of Sunfund Solar Private Limited currently have 2 directors; the longest-serving is Rajeev Ahuja, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajeev Ahuja DIN 06708115 | Whole-time director | 10 Jan 2019 | 7 yrs 8 mo | Sunfund Solar Private Limited |
| Neeraj Ahuja DIN 11397570 | Additional Director | 27 Nov 2025 | 10 mo | Sunfund Solar Private Limited |
People of SunFund
2 people are tracked at SunFund (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ankit Sheoran | Co-Founder, CEO | Leadership |
Rajiv Dinesh | Co-Founder | Leadership |
Complete people profiles for SunFund
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Financials of SunFund
Figures of Sunfund Solar Private Limited, the primary company behind SunFund, for FY 2024. Revenue was ₹13.6 Lakh (-93% year on year). Net loss was -₹58,858 (-4% margin). EBITDA was ₹1.7 Lakh (12% margin). Revenue has grown at a compounded annual rate of -58% over three years.
- ₹13.6 LakhRevenue · FY 2024 · -93% YoY
- -₹58,858Net loss · -4% margin
- ₹1.7 LakhEBITDA · 12% margin
- ₹50,000Paid-up capital
- 5Employees (provident fund records)
- -58%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sunfund Solar Private Limited are on its company page.
Detailed financial statements for SunFund
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Competitors of SunFund
SunFund 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 SunSure, SafEarth, Ezysolare, Exchange4Solar and Indian Solar Market, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunsure-energy.com | 2015 | Delhi, India | – | 254 | Renewable energy solutions including solar EPC and PPAs are provided. | |
| safearth.in | 2017 | Ranchi, India | $426,601 | 24 | Solar installers and customers are connected via a specialized marketplace. | |
| ezysolare.com | 2014 | Ahmedabad, India | $157,588 | 1 | Online B2B solar marketplace and service provider | |
| exchange4solar.com | 2014 | Mumbai, India | $14,822 | – | Online B2B marketplace for solar industry connections is operated. | |
| indiansolarmarket.com | 2016 | Mumbai, India | – | – | Offers a platform for the solar marketplace in India. |
Detailed competitors of SunFund
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- Full competitor set
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Similar companies to SunFund
10 companies that operate in the same segment as SunFund (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about SunFund
SunFund was founded in 2016.
SunFund is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ankit Sheoran is the current CEO of SunFund. They have also founded this company.
The primary company behind SunFund, Sunfund Solar Private Limited, reported revenue of ₹13.6 Lakh for FY 2024, down 93% year on year.
SunFund, established in 2016 and currently in Dissolved stage, focuses on working in the energy sector, promoting renewable energy, developing solar energy systems, and aggregation services. Serves as an aggregator connecting solar consumers, installers, and investors. Adapting to market demands with innovation and client-focused strategies.
SunFund operates through Sunfund Solar Private Limited.
The legal entities of SunFund currently have 2 directors, including Rajeev Ahuja, Neeraj Ahuja.