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Radar · Solar Energy in Pune

Best Solar Energy Companies in Pune, India

The 65 best Solar Energy companies in Pune, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CaptureSolar Energy.

65companies tracked
$129.1Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · SOLAR ENERGY × PUNE

Our analysis of 50 Solar Energy companies

$12.7b in tracked funding; 81% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

50companies analysed
81%cloud-native stacks
2024funding peak (by rounds)
2unicorns
2013median founding year
238kcombined LinkedIn audience
54%of audience held by top 3
7companies hiring publicly (12 mo)

Ranked: Best Solar Energy companies in Pune

#CompanyRevenueDisclosed fundingRevenue YoYFounderTech stackEmployeesPatents & IP focusRecent signals
1Enrich Energy
Solar EPC company
$62M
FY2025
—+44%Chetan Zawar
Founder
WordPressPleskMySQL+22203
203 → 358 (+76%)
——
2Ksolare Energy
Manufacturer of solar grid-tie inverter & EV charger
$41M
FY2025
—+51%—WordPressMySQLPHP+3049—1 job opening · 2 launchs
3Kalpa Power
Provider of solar planning and designing services
74Fin. health top 21%Growth top 23%Moat top 33%Market top 39%
All 10 signals ▾
Fin. healthtop 21%
Growthtop 23%
Moattop 33%
Markettop 39%
Innovationtop 40%
Techtop 40%
Productbottom 47%
Fundingbottom 42%
Talentbottom 39%
Globalbottom 25%
Fin. health: Revenue ~$32.1M (FY2021) · Net margin 5.6%
Growth: Headcount 91 → 113 (+24%) across vintages · Revenue +150% YoY
rank vs industry peers · Fliar Intelligence Index 74/100
$32M
FY2025
$2M+150%Rounak Muthiyan
Co-Founder & Director
WordPressMySQLPHP+30113
113 → 235 (+108%)
—1 partnership · 1 expansion
4Kirloskar Solar
Manufacturer of solar energy solutions and related products
$32M
FY2025
—+57%Uday Bhende
Managing Director
LiferayJavaBootstrap+1459
59 → 58 (-2%)
——
5Mitcon Consultancy & Engineering Services
Consultancy and Engineering services to corporates
$14M
FY2025
—-13%Pradeep Bavadekar
CEO & MD
WordPressMySQLPHP+27231——
6B. U. Bhandari Energy
Developer of solar energy projects
$12M
FY2025
—+214%Shailesh Bhandari
Managing Director
PHPMaterialize CSSBootstrap+8———
7Solairedirect
Developer of solar energy projects
$9M
FY2025
—+20%Thierry Lepercq
ex-Founder
—62——
8Continual
Developer of solar & wind energy projects
$7M
FY2025
—+141%Sunil Koli
Founder & Director
———1 job opening
9RelyOn Solar
Designs and installs solar systems
$6M
FY2025
$1M+28%Gundu Sabde
Founder & MD
WordPressMySQLPHP+20175——
10Dynamic Solar Infra Group
Developer of solar and wind energy projects
$5M
FY2025
—+18%Krishna Gadekar
CEO
————
11Sileaf
Manufacturer solar power electronics
$4M
FY2025
—+4%—Cart FunctionalityWix eCommerceWix+15———
12SgurrEnergy
Developer of solar energy projects
$4M
FY2025
$368K+43%—WordPress Block EditorwpBakeryWordPress+3778——
13Sunshot
Solar PV project installation and services
$4M
FY2021
$694K-52%Indrajeet Dudile
Co-Founder & Director
—125——
14Scorpius Trackers
Solar tracker developers
$4M
FY2023
—-81%—WebflowLeniscore-js+87510 patents
Mechanical hinges, bushings and displacement mechanisms for solar tracking systems.
—
15SAS Automation
Developer of solar energy projects
$3M
FY2025
—+27%Shaikh
CEO
WordPressMySQLPHP+1117——
16AgniSolar
Solar rooftop installer
$3M
FY2025
—+66%Ravi Pittie
Co-Founder & Managing Director
WordPressMySQLPHP+27———
17Frevolt
Provider of solar installation services
$2M
FY2025
—+2461%Sanket Vyavahare
Co-Founder & CEO
Wix eCommerceWixSentry+12——1 job opening
18Gram Oorja Solutions
Microgrids and solar water pumping solutions
$2M
FY2025
$348K-23%Goutam Lath
Co-Founder
WordPress Block EditorElementorWordPress+31———
19AFM Solar System
Solar powered product installer
$1M
FY2025
—+1049%Hanumant Garad
Co-Founder
WordPressMySQLPHP+25———
20PowerSun
Developer of solar energy projects
$1M
FY2024
—+52%—WordPressMySQLPHP+19———
21Deity Fuel Energy
Manufacture PV modules and wind turbine
$581K
FY2021
——Pranav Nikam
Owner
————
22Nirmitee Solar
Manufacturer of solar panels and provider of EPC solutions
$572K
FY2019
——Preeti Ramdas Bhadale
Co-Founder & Director
————
23Dabun
Manufacturer and supplier of solar inverter solutions
$554K
FY2024
—+557%Navnit Singh
Founder
Cart FunctionalityWooCommerceWordPress+20———
24Adibspl
Solar panel & products installation company
$531K
FY2025
—+6833%—————
25Concept Powertech
Developer of utility solar energy projects
$520K
FY2025
—+24%—————
26Datum Energy systems
LED lighting products manufacturer
$374K
FY2025
—-33%—————
27MX Power Solar
Manufacturer and service provider in the solar energy sector
$336K
FY2025
—-35%Camalita Dsouza
Co-Founder & Director
——16 patents
Patents concentrated in electrical & electronics
—
28Amrova Solar
Provider of solar solutions, offering integrated solar products such as panels, water heaters, and…
$315K
FY2023
—+112%Amol Shirodkar
Founder & CEO & Managing Director
————
29Kaushal Solar
Provider of solar services for commercial & residential
$297K
FY2025
—-15%Gautam Kaushal
CEO
————

Top 7 Solar Energy companies in Pune

#1
Seed · Pune, Maharashtra · founded 2017 · 113 employees
$1.5Mraised
▾

Solar energy solutions provider, promoting renewable energy and sustainability in India. The company specializes in designing and installing solar power systems, offering renewable energy solutions to businesses and consumers. They focus on energy management, prioritizing efficiency, cost-effectiveness, and environmental responsibility. Their offerings include expert planning, implementation, and optimization of sustainable energy infrastructure projects, along with energy storage solutions. They provide customized solutions to minimize energy wastage and offer both on-site and off-site renewable energy access. The company also provides asset management and infrastructure management services, ensuring optimal operational performance. They are committed to making power more reliable, affordable, and environmentally friendly, supporting a transition to clean energy sources and minimizing environmental impact. They offer services like remote monitoring and solar panel cleaning.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Fin. health
top 21%
Growth
top 23%
Moat
top 33%
Market
top 39%
Innovation
top 40%
Tech
top 40%
Fin. health: Revenue ~$32.1M (FY2021) · Net margin 5.6% · Revenue +150% YoY
Growth: Headcount 91 → 113 (+24%) across vintages · Revenue +150% YoY · Fresh capital in last 24 mo
Moat: Top 8% by revenue among 1951 tracked Solar Energy companies · Editorial + unicorn rating 1/10
Audience (LinkedIn): 46k LinkedIn followers — 19.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. Kalpa Power Private Limited) announced in 12 mo
Funding rounds
  • Dec 2024Angel$1.2M
  • Mar 2024Seed$360K
Founders & team
Rounak MuthiyanCo-Founder & DirectorNitin MuthiyanCo-Founder & Director
Tech stack
BootstrapCdnjsCloudflareContact Form 7Core-JsDatatables
#2
Late Stage · Pune, Maharashtra · founded 2013 · 501 employees
$125Mraised
▾

Capture Solar Energy offers services for the installation of solar farms on a DBFO model (Design, Built, Finance and Operate). Raised $125 million from the Cyprus-based photovoltaic solar solutions provider Concept Solutions & Innovation to set up a plant (90 MW solar park) in Pune. Concept Solutions will not only provide finance but also technology solutions for the project as a mandate holder of Danish turnkey PV firm DanSolar International, which already has a technology tie-up with CaptureSolar.

Funding rounds
  • Jun 2014PE$125M
Founders & team
Raju BhosleDirector and CEO
Investors
Concept Solutions & Innovations
Tech stack
WordpressMysqlPhpGoogle MapsZurb FoundationYoutube
#3
Seed · Pune, Maharashtra · founded 2010 · 175 employees
$1.2Mraised
▾

RelyOn Solar designs and installs solar systems which includes solar street lights, rooftop solar for domestic use, off-grid solar power plant, DC solar pumps etc. The company has completed projects of total capacity of more than 870KW as of August 2015.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 2.9% of this cohort's audience
Funding rounds
  • Feb 2017Angel$74.6K
  • Aug 2015Angel$15.6K
  • Jul 2015Angel$299.2K
  • Sep 2014Angel$447.4K
Founders & team
Gundu SabdeFounder & MD
Tech stack
Apache Http ServerBootstrapContact Form 7Core-JsGodaddyGoogle Font Api
#4
Deadpooled · Pune, Maharashtra · founded 2010 · 125 employees
$694.4Kraised
▾

Sunshot offers the services of site evaluation, cost assessment of the projects, solar PV modules installation. The company also carries out the monitoring and maintenance of the installation. The company is experienced in designing and engineering solar energy plants, project implementation, and monitoring and maintenance activities.

Funding rounds
  • Nov 2016Angel$375.8K
  • Jul 2014Seed$318.6K
Founders & team
Indrajeet DudileCo-Founder & DirectorSunil NikharKedar DeshpandeCo-Founder
Investors
Ravi Nigam
#5
Seed · Pune, Maharashtra · founded 2008
$348.4Kraised
▾

Gram oorja offers metered solar power to off-grid villages. The company get corporates to donate funds for setting up projects and charge Rs 100-150 a month for operations and maintenance. The company offer EPC services for solar plants (1-5KW for running schools and offices) and biogas power plants. Gram oorja has also setup solar water pumping solutions for drinking water supply and piped biogas network for heating and cooking. Gram Oorja has also established and powered a rural BPO using 50 computers from solar power.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Graduate Engineer Trainee
Funding rounds
  • Feb 2013Seed$68.7K
  • Mar 2011Seed$146K
  • Mar 2011Angel$32.7K
  • Feb 2010Angel$101.1K
Founders & team
Goutam LathCo-FounderVimla LathCo-Founder
Investors
Polyhydron, RiverBridge, Startups at Venture Center, Tenshi Peak, Millennium Alliance
Tech stack
Apache Http ServerBootstrapBootstrap IconsContact Form 7Core-JsDatatables
#6
Funding Raised · Pune, Maharashtra · founded 2002 · 78 employees
$368Kraised
▾

Developer of solar energy projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 60k LinkedIn followers — 25.1% of this cohort's audience
Funding rounds
  • May 2018Grant (prize money)$368K
Investors
Europa
Tech stack
All In One SeoAmazon CloudfrontAmazon Web ServicesAzureBootstrapCloudflare
#7
Seed · Pune, Maharashtra · founded 2017
$24.6Kraised
▾

Solar panel & products installation company

Founders & team
Ankit SinghFounder & CEO
Investors
Praveen Mahadeo Kedar, Vivek Kumar Verma, Sibu Chakrabarti, Padup Ventures, Atal Innovation Mission, IIT Mandi Catalyst
Tech stack
Nginx

Funding & investor landscape

$129.1Mtotal disclosed funding
7companies funded
16disclosed rounds
0rounds last 90 days
Most active investors
Actis1 rounds
Agami Ventures1 rounds
Atal Innovation Mission1 rounds
Concept Solutions & Innovations1 rounds
Europa1 rounds
HitecVision1 rounds
IIT Mandi Catalyst1 rounds
Millennium Alliance1 rounds
Padup Ventures1 rounds
Polyhydron1 rounds

Notable founders

Rounak Muthiyan
Co-Founder & Director · Kalpa Power
Nitin Muthiyan
Co-Founder & Director · Kalpa Power
Raju Bhosle
Director and CEO · CaptureSolar Energy
Gundu Sabde
Founder & MD · RelyOn Solar
Indrajeet Dudile
Co-Founder & Director · Sunshot
Sunil Nikhar
· Sunshot
Goutam Lath
Co-Founder · Gram Oorja Solutions
Vimla Lath
Co-Founder · Gram Oorja Solutions
Ankit Singh
Founder & CEO · Monter Technologies
Prism market signals · India · country-scoped Prism corpus, 204,647 docs

Market landscape — 10 sub-themes by coverage

Share of Solar Energy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN PUNE · Energy

How research on Solar Pv in Pune is moving

A read on the academic research around Solar Pv in Pune — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 118 papers.

118 papers · stance +0.51 · 22% breakthrough · 8% concern
breakthrough · advancement · concern
top institutions
  • Savitribai Phule Pune University65
  • Symbiosis International University36
  • Defence Institute of Advanced Technology7
  • National Chemical Laboratory6
  • Dr. D.Y. Patil Vidyapeeth, Pune4
leading researchers
Sandesh Jadkar · Nandu B. Chaure · Aditya Jain · Habib M. Pathan · Nithesh Naik · Sachin V. Desarada
prism intelligence · tone & topics
95% positive · 0% critical tone
EnergySustainabilityEnvironmentBusinessTransportationMaterials Science
▲ Breakthroughs24 · 20%
▼ 50%→20% share
▼0.4× share momentum0 median citations96% since 2021mostly methods-led
Breakthroughs are cooling (50%→20% of field), led by Optoelectronics.
rising sub-themes (early→recent)
  • Optoelectronics1→4
Newly emergingSolar energy 0→10 · Photovoltaic system 0→7 · Renewable energy 0→5
Landmark Structural, Electronic, and Optical Properties of Cu2NiSnS4: A Combined Experimental and Theoretic · 124 cites
◆ Advancements74 · 63%
▲ 0%→64% share
2 median citations100% since 2021mostly empirical
Advancements are rising (0%→64% of field), led by Solar energy.
rising sub-themes (early→recent)
  • Solar energy27
  • Photovoltaic system23
  • Renewable energy16
  • Solar cell13
  • Dye-sensitized solar cell10
Newly emergingSolar energy 0→27 · Photovoltaic system 0→23 · Renewable energy 0→16
Landmark Thermal performance of radiative magnetohydrodynamic Oldroyd-B hybrid nanofluid with Cattaneo–Christov heat flux model: · 52 cites
▼ Concerns9 · 8%
▲ 0%→7% share
1 median citations89% since 2021mostly empirical
Concerns are rising (0%→7% of field), led by Solar energy.
rising sub-themes (early→recent)
  • Solar energy5
  • Solar cell4
  • Renewable energy4
  • Optoelectronics3
  • Fossil fuel2
Newly emergingSolar energy 0→5 · Renewable energy 0→4 · Solar cell 0→3
Landmark Are Chalcogenide Perovskites an Emerging Class of Semiconductors for Optoelectronic Properties and Solar Cell? · 183 cites
PATENT MOMENTUM · Pune

Who's building solar pv IP in Pune

29 patents8 companiespeak 5/yr
filing momentum (YoY)
top patenters
  • Tata BlueScope Steel14Pune
  • Scorpius Trackers7Pune
  • Khethworks2Pune
  • COREFINEXPERTS GLOBAL TECHNOLOGIES PVT LTD2Pune
  • Saint-Gobain Sekurit India1Pune
  • Duroshox1Pune
  • Taypro1Pune
  • Kirloskar Oil Engines1Pune

Common questions

How many Solar Energy companies are there in Pune, India?
Radar tracks 65 indexable Solar Energy companies headquartered in Pune, India, India, that meet our profile-completeness bar.
What is the total funding raised by Solar Energy companies in Pune, India?
The Solar Energy companies in Pune, India on this list have raised a combined $129.1M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Solar Energy company in Pune, India?
CaptureSolar Energy is the highest-funded Solar Energy company in Pune, India, with $125M in disclosed equity funding.
How many Solar Energy companies in Pune, India are funded?
7 of the 65 Solar Energy companies in Pune, India on this list have disclosed at least one equity funding round.
How many Solar Energy unicorns are there in Pune, India?
None of the Solar Energy companies in Pune, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Pune, India Solar Energy companies?
The most active investors in Pune, India Solar Energy companies on this list include Actis, Agami Ventures, Atal Innovation Mission, Concept Solutions & Innovations, Europa.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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