Company lists
The Bengaluru edition · 2026

Solar energycompanies in Bengaluru

Solar installers, solar products, power electronics, wind & hybrid, renewable tech and more: the companies building solar energy in Bengaluru, Karnataka, with their founders, funding, team size and business models.

155 company profiles101 with reported revenue12 with recorded fundingOctober 2026 edition
Bengaluru · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent solar energy business events in India

Funding, M&A, contract wins and launches involving 2,531 solar energy companies in India, last 24 months: 523 Contracts · 104 M&A deals · 75 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

Sharika Enterprises, a power sector and smart infrastructure solution company, has secured a key subcontract for the deployment of an Advanced Distribution Management System (ADMS) under…

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

Ganesh Green Bharat Ltd bagged a 1,000 MWh Battery Energy Storage System (BESS) engineering, procurement, and construction (EPC) contract from NTPC Renewable Energy Ltd (NTPC REL).

Renewable energy
FundingQualified Institutional Placement (QIP)

Acme solar

Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.

Investors Na
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

According to sources to Manicontrol, after collecting binding bids, Aditya Birla Group, led by Kumar Mangalum Birla, has taken the lead in the race to buy Indian Renewable Energy…

Renewable Energy
ContractSupply

Hirschvogel Components · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractTechnology

Sharika enterprises · client: Uttarakhand power corporation limited (upcl)

Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…

Power
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

Saatvik Green Energy Limited today announced that it has received and accepted an order aggregating to ₹171.45 crore for a domestic independent power producer.

Clean energy / solar
M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

Thakral Corporation Ltd (TCL) has completed the acquisition of an additional 81.64% equity stake in TIL Investments Private Limited (TIL) through its wholly-owned subsidiary, Paramount…

Healthcare-led real estate development
M&AMerger · Completed

Mascot dynamics acquires Amrut Energy Private Limited

Amrut Energy Private Limited, a leading manufacturer of solar-powered water pumping systems, today announced its merger into Mascot Dynamics Private Limited, a diversified engineering…

Solar-powered water pumping systems
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
Funding

Waaree energies

Waaree Energies has announced plans to enter the semiconductor segment as part of a broader restructuring exercise, alongside the approval of a fundraising programme of up to ₹100…

Semiconductor, Power Electronics, Renewable Energy
M&AAcquisition · Announced

Waaree acquires Waaree

Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited

ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
M&AAcquisition · Announced

Saatvik Green Energy acquires Melcon Transformers & Electricals Pvt Ltd

Saatvik Green Energy Ltd has announced the acquisition of 80 per cent equity stake in Melcon Transformers & Electricals Pvt Ltd, a Jaipur-based transformer manufacturer.

Transformer Manufacturing
M&AAcquisition · Announced

Premier energies acquires Ksolare energy

Premier Energies acquired a 51% stake in transformer manufacturer Transcon and inverter producer KSolare Energy. Premier invested INR5 billion (US$56.96 million) in Transcon and INR1.7…

Inverter Production
ContractInfrastructure

Solarworld Energy Solutions Limited · client: NTPC Renewable Energy

Solarworld Energy Solutions Limited has announced the signing of an Engineering, Procurement, and Construction (EPC) contract with NTPC Renewable Energy Limited for the development of a…

Renewable Energy
FundingLetter of Intent

Zodiac energy

Zodiac Energy has received a Letter of Intent (LoI) worth around $3.28 million (around Rs 30.85 crore) from an international entity based in Zambia. The LoI is for execution of a turnkey…

Investors Na
Solar Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Projects
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Energy
ContractGovernment

Uttar Pradesh government · client: Loom solar

Loom Solar has secured a second land allotment from the Uttar Pradesh government to scale its solar and Battery Energy Storage Systems (BESS) manufacturing capacity.

Renewable Energy
M&AAcquisition · Completed

Shell Group acquires Sprng energy

Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.

Renewable Energy
M&AAcquisition · Pending

National Investment and Infrastructure Fund (NIIF) acquires Sprng energy

National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s…

Renewable Power / Energy
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
ContractSupply

Ganesh Green Bharat · client: Na

Ganesh Green Bharat on Friday said that it has bagged a new order worth ₹430 crore for the supply of bifacial solar modules.

Solar
M&AAcquisition

Thermax acquires Exactspace

Thermax acquired ExactSpace, a specialist in AI-driven industrial IoT solutions.

Solar energy companies in Bengaluru, by revenue

Browse solar energy companies in Bengaluru by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 101 solar energy companies in Bengaluru, Karnataka that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Independent hydel, thermal, solar and wind power producer

Solar energy
₹11,197.14 crFY 2022-23
Not reported
871LinkedIn · Oct 2026
56 yr1970
—No postings tracked

Provider of paper recycling services

Solar energy
₹5,034.19 crFY 2024-25
-19%2024–2025
61-3% 12 mo to Feb 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Jun 2026

Manufacturer of solar photovoltaic modules and solar water heating systems

Solar energy
₹2,360.33 crFY 2024-25
+147%2024–2025
1,174+11% 12 mo to Jul 2023LinkedIn · Oct 2026
34 yr1992
0none in 3 months

Manufacturer of PV junction boxes, solar PV connectors & cables, and complete DC services

Solar energy
₹558.09 crFY 2024-25
+184%2024–2025
156+24% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of renewable energy solutions, including solar, wind, and hydrogen

Solar energy
₹441.45 crFY 2024-25
+170%2024–2025
440+17% 12 mo to Sep 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months · last posted Apr 2026

Manufacturer of solar powered products

Solar energy
₹352.55 crFY 2024-25
+36%2024–2025
235LinkedIn · Oct 2026
18 yr2008
0none in 3 months

Provider of solar power solutions for industrial, commercial, and residential sector

Solar energy
₹341.60 crFY 2024-25
+67%2024–2025
76+33% 12 mo to Nov 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Nov 2024

Provider of solar solutions

Solar energy
US$28.72mFY 2024-25
-17%2024–2025
408-2% 12 mo to Aug 2024LinkedIn · Oct 2026
20 yr2006
0none in 3 months · last posted Nov 2024

Solar project developer

Solar energy
₹182.16 crFY 2024-25
+6%2024–2025
138+14% 12 mo to Mar 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Distributor of solar products, providing rooftop solutions through a dealer network

Solar energy
₹163.01 crFY 2024-25
-4%2024–2025
64LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Offers solar installation services

Solar energy
₹151.29 crFY 2024-25
+24%2024–2025
548-3% 12 mo to Jun 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months · last posted Jun 2026

Residential and commercial solar project developer

Solar energy
₹128.68 crFY 2024-25
+26%2024–2025
52+56% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

Provider of hybrid renewable energy solutions integrating wind and solar power

Renewable energy tech
₹119.22 crFY 2024-25
-48%2024–2025
54LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Jun 2026

Provider of commercial and industrial solar power plant solutions

Solar energy
₹112.62 crFY 2024-25
+13%2024–2025
33+44% 12 mo to Jul 2024recorded Jul 2024
13 yr2013
0none in 3 months

Provider of renewable energy project development, management, and related services

Solar energy
₹96.20 crFY 2024-25
+32%2024–2025
27LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Solar energy consultancy providing renewable energy solutions, along with engineering and contracting services

Solar energy
₹76.81 crFY 2024-25
+112%2024–2025
12LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Apr 2026

Manufacturer of EV motors, solar pumps, controllers, and IoT products

Solar energy
₹64.64 crFY 2024-25
+4%2024–2025
90+28% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Provider of solar EPC services

Solar energy
₹61.81 crFY 2024-25
-24%2024–2025
33LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of PV modules and junction boxes

Solar energy
₹56.79 crFY 2024-25
+139%2024–2025
—Not available
8 yr2018
0none in 3 months

Manufactures solar UPS and inverters

Solar energy
₹51.37 crFY 2024-25
+20%2024–2025
53+6% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Manufacturer of solar thermal systems and water purifiers

Energy efficiency
₹51.10 crFY 2024-25
+30%2024–2025
128+18% 12 mo to Sep 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Aug 2025

Provider of solar power solutions and related products, focusing on sustainability and energy efficiency

Solar energy
₹43.02 crFY 2021-22
-9%2021–2022
—Not available
14 yr2012
0none in 3 months

Professional services company that provides engineering and project management solutions for electrical projects

Solar energy
₹48.16 crFY 2024-25
+27%2024–2025
19LinkedIn · Jul 2026
40 yr1986
0none in 3 months

Producer of renewable energy

Solar energy
₹42.10 crFY 2024-25
+113%2024–2025
128+4% 12 mo to Mar 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Renewable energy company focused on commercial and industrial open access power market

Solar energy
₹35.36 crFY 2024-25
-7%2024–2025
—Not available
12 yr2014
0none in 3 months
50 of 155 companies shown here · the full list is on Radar
Fliar Radar

Explore all 155 solar energy companies in Bengaluru on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open solar energy in Bengaluru on Radar
  • Every company, not just 50All 155 solar energy companies in Bengaluru, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore solar energy companies in Bengaluru by what you are looking for

Browse solar energy companies in Bengaluru, from solar panel manufacturers to rooftop project developers and EPC providers. Find solar energy companies near you, solar energy equipment suppliers and solar startups in Bengaluru.

8 ways to explore solar energy in Bengaluru

Solar project developers & installersSolar panel & solar product manufacturersSolar balance-of-systems & power electronicsWind & hybrid renewable energy companiesRenewable energy technology & energy efficiency firmsListed solar energy companies in Bengaluru

Solar project developers & installers

Companies that plan, install and maintain rooftop and utility-scale solar power plants.

  1. KPCL

    Independent hydel, thermal, solar and wind power producer

    Solar energy
    See in list
  2. Emmvee

    Manufacturer of solar photovoltaic modules and solar water heating systems

    Solar energy
    See in list
  3. DhaSh PV Technologies

    Manufacturer of PV junction boxes, solar PV connectors & cables, and complete DC services

    Solar energy
    See in list
  4. InSolare Energy

    Provider of renewable energy solutions, including solar, wind, and hydrogen

    Solar energy
    See in list
  5. ProstarM

    Manufacturer of solar powered products

    Solar energy
    See in list

Solar panel & solar product manufacturers

Manufacturers of solar modules, cells, water heaters, solar lights and related products.

  1. KPCL

    Independent hydel, thermal, solar and wind power producer

    Solar energy
    See in list
  2. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  3. Emmvee

    Manufacturer of solar photovoltaic modules and solar water heating systems

    Solar energy
    See in list
  4. DhaSh PV Technologies

    Manufacturer of PV junction boxes, solar PV connectors & cables, and complete DC services

    Solar energy
    See in list
  5. InSolare Energy

    Provider of renewable energy solutions, including solar, wind, and hydrogen

    Solar energy
    See in list

Solar balance-of-systems & power electronics

Suppliers of inverters, junction boxes, cables, controllers and other solar system components.

  1. Emmvee

    Manufacturer of solar photovoltaic modules and solar water heating systems

    Solar energy
    See in list
  2. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  3. Mecwin Technologies

    Manufacturer of EV motors, solar pumps, controllers, and IoT products

    Solar energy
    See in list
  4. Dhash Group

    Provider of PV modules and junction boxes

    Solar energy
    See in list
  5. MRO-TEK

    Manufactures solar UPS and inverters

    Solar energy
    See in list

Wind & hybrid renewable energy companies

Developers and producers of wind, solar-wind hybrid and other renewable power.

  1. KPCL

    Independent hydel, thermal, solar and wind power producer

    Solar energy
    See in list
  2. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  3. Atria Power

    Producer of renewable energy

    Solar energy
    See in list
  4. Greenergy

    Renewable energy company focused on commercial and industrial open access power market

    Solar energy
    See in list
  5. Neptune Synergy

    Developer of turnkey renewable energy and infrastructure projects

    Hydro power
    Website

Renewable energy technology & energy efficiency firms

Technology companies working on solar monitoring, cleaning robots, storage and energy efficiency.

  1. Nuetech Solar Systems

    Manufacturer of solar thermal systems and water purifiers

    Energy efficiency
    See in list
  2. Aegeus Technologies

    Developer of robotic technologies for water-less solar panel cleaning systems

    Professional service robots
    See in list
  3. Hbaromega

    Provider of diagnostic tools enhancing photovoltaic module quality through advanced imaging

    Renewable energy tech
    Website
  4. Amro Technology

    Manufacturer of solar powered products

    Solar energy
    Website
  5. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list

Listed solar energy companies in Bengaluru

Publicly listed solar energy companies based in Bengaluru.

  1. ProstarM

    Manufacturer of solar powered products

    Solar energy
    See in list
  2. MRO-TEK

    Manufactures solar UPS and inverters

    Solar energy
    See in list
  3. Thakral Services

    Provider of solar energy systems, surveillance systems and access control systems

    Solar energy
    See in list
3 companies in Bengaluru

Solar energy startups in Bengaluru

Newer solar energy companies in Bengaluru founded in recent years.

  1. Integrum Energy

    Provider of hybrid renewable energy solutions integrating wind and solar power

    Renewable energy tech
    See in list
  2. NeoGreen Power

    Provider of renewable energy project development, management, and related services

    Solar energy
    See in list
  3. Nalkar Renergy

    Solar energy solutions provider offering a range of products and services, including rooftop solar power solutions, energy storage systems, and lithium-ion batteries

    Solar energy
    Website
  4. SAMMAGRA

    Developer of solar energy projects

    Solar energy
    Website
  5. Synergize Solar

    Provider of rooftop solar solutions for residential & commercial entities

    Solar energy
    Website
15 companies in Bengaluru

Solar energy companies hiring in Bengaluru

Solar energy companies in Bengaluru with open roles right now.

  1. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  2. InSolare Energy

    Provider of renewable energy solutions, including solar, wind, and hydrogen

    Solar energy
    See in list
  3. U-Solar Clean Energy

    Provider of solar power solutions for industrial, commercial, and residential sector

    Solar energy
    See in list
  4. Orb Energy

    Provider of solar solutions

    Solar energy
    See in list
  5. Enerparc India

    Solar project developer

    Solar energy
    See in list
13 companies in Bengaluru
Mobile reach

Top 3 solar energy apps from Bengaluru

The most-installed Android apps published by solar energy companies headquartered in Bengaluru — 12K installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
The business behind the activity

Solar energy financials in Bengaluru

Revenue, profit and growth from the filed annual accounts of 93 solar energy companies in Bengaluru, Karnataka for FY24-25 — 110 of the 155 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 88% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹24,521.36 cr

93 companies filing accounts

combined net profit₹1,044.99 cr

4.3% aggregate margin

are profitable76%

71 of 93 companies

median revenue~₹7.9 cr

the typical company

median revenue growth+14%

into FY24-25

earned by the top five88%

revenue concentration

Six-year view

Combined revenue of filing companies

₹12,203.23 crFY19-2091 filers
₹10,249.25 crFY20-2191 filers
₹14,751.68 crFY21-2293 filers
₹18,569.81 crFY22-2392 filers
₹10,123.29 crFY23-2489 filers
₹24,521.36 crFY24-2593 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 77 companies over three years

+34%
FY22-23₹7,382.74 cr₹89.12 cr net
FY23-24₹10,042.38 cr₹302.28 cr net
FY24-25₹9,869.72 cr₹491.06 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2335% profitable
₹1–10 cr2886% profitable
₹10–100 cr2893% profitable
₹100–1,000 cr1191% profitable
Over ₹1,000 cr3100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking30
0–20%16
20–50%19
50–100%3
Doubled+17

85 companies with accounts for both years; median growth +14%.

Profitability

Profit is concentrated at the top

71profitable
22loss-making
4.3%aggregate margin
2.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED+687%₹18.58 cr
POM Systems & ServicesPOM SYSTEMS AND SERVICES PRIVATE LIMITED
DhaSh PV TechnologiesDHASH PV TECHNOLOGIES LIMITED+184%₹557.70 cr
InSolare EnergyINSOLARE ENERGY LIMITED+166%₹434.19 cr
Dhash GroupDHASH POLYMER TECHNOLOGIES PRIVATE LIMITED+139%₹56.79 cr
Atria PowerATRIA POWER CORPORATION PRIVATE LIMITED+113%₹42.10 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED97.3%₹18.58 cr
GreenergyGREENERGY WIND CORPORATION PRIVATE LIMITED44.3%₹35.36 cr
Atria PowerATRIA POWER CORPORATION PRIVATE LIMITED40.5%₹42.10 cr
DhaSh PV TechnologiesDHASH PV TECHNOLOGIES LIMITED14.7%₹557.70 cr
Rugged Solar ProductsRUGGED SOLAR PRODUCTS PRIVATE LIMITED
Anu Solar PowerANU SOLAR POWER PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy84₹24,305.25 cr~₹8.0 cr77%4.1%
Leaders

Largest solar energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
KPCLKARNATAKA POWER CORPORATION LIMITED₹14,509.67 cr₹563.40 cr3.9%—
Balaji MaltsBALAJI MALTS PRIVATE LIMITED₹4,395.83 cr₹80.69 cr1.8%-27%
EmmveeEMMVEE PHOTOVOLTAIC POWER LIMITED₹1,792.57 cr₹161.92 cr9.0%+44%
DhaSh PV TechnologiesDHASH PV TECHNOLOGIES LIMITED₹557.70 cr₹82.01 cr14.7%+184%
InSolare EnergyINSOLARE ENERGY LIMITED₹434.19 cr₹15.94 cr3.7%+166%
ProstarMPROSTARM INFO SYSTEMS LIMITED₹347.78 cr₹30.51 cr8.8%+35%
U-Solar Clean EnergyU-SOLAR CLEAN ENERGY SOLUTIONS PRIVATE LIMITED₹337.94 cr₹27.31 cr8.1%+67%
Enerparc IndiaENERPARC ENERGY PRIVATE LIMITED₹252.53 cr₹3.49 cr1.4%+7%
Orb EnergyORB ENERGY PRIVATE LIMITED₹232.89 cr−₹10.01 cr-4.3%-20%
EvervoltEVERVOLT GREEN ENERGY PRIVATE LIMITED₹163.01 cr₹3.01 cr1.8%-4%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of Bengaluru

The financials above are one chapter. The full solar energy landscape of Bengaluru maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the solar energy landscape of Bengaluru
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Solar energy funding and M&A across India

377 recorded equity rounds have gone to 2,531 solar energy companies in India — how much, at which stage, into which sub-sectors, from whom, and how Bengaluru compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months11

US$730.02m

equity rounds, last 24 months46

US$1.23bn

raised over five yearsUS$4.24bn

155 rounds in India

M&A deals, India104

last 24 months

Capital by year

Equity funding into solar energy in India

amount rounds
$532m201822
$905m201913
$440m202012
$600m202122
$902m202221
$783m202328
$786m202449
$791m202527
$382m20268

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$905.43m across 13 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$102.18m23 rounds · median US$337k
SeedUS$47.59m44 rounds · median US$436k
Series AUS$345.68m35 rounds · median US$4.28m
Series BUS$614.78m15 rounds · median US$27.10m
Series CUS$498.59m13 rounds · median US$28.94m
Series D+US$2.17bn20 rounds · median US$58.75m
Private equityUS$464.95m5 rounds · median US$59.86m
Where the money went · five years

Most-funded sub-sectors

Solar energyUS$3.38bn122 rounds · 64 companies
Wind energyUS$771.24m11 rounds · 4 companies
Alternative lendingUS$54.61m4 rounds · 1 companies
Service providers to banksUS$15.66m4 rounds · 1 companies
Renewable energy techUS$11.80m3 rounds · 2 companies
Investment techUS$11.47m6 rounds · 1 companies
Energy storageUS$478k2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

101Acquisition
2Merger
1Announced

Most active acquirers

  1. Waaree energies14
  2. Premier energies9
  3. ONGC-NTPC Green Pvt Ltd8
  4. Thermax4
  5. Na4

Most acquired or merged

  1. Sprng energy10
  2. Ayana renewable power9
  3. Ksolare energy6
  4. Sterling and wilson renewable energy5
  5. O2 power4

Each deal appears in the events strip at the top of the page.

Solar energy funding in Bengaluru

12 solar energy companies in Bengaluru have recorded equity funding, US$48.68m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Bengaluru

Meet the people behind solar energy companies in Bengaluru. 61 of 155 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Bengaluru solar energy companies by sub-sector

The most common specialisations among solar energy companies in Bengaluru. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring solar energy in India and nearby markets.

Coming soon