Candi Solar funding, investors and company details

Candi Solar is an emerging Solar startup from Mohali, working in the space of Provides end-to-end rooftop solar and battery storage solutions for commercial and industrial businesses. Founded by Fabio Eucalipto.

Company: Candi Solar Private Limited
Sector: Solar
Location: Mohali
Founders: Fabio Eucalipto
Total funding raised: ₹316.77 Cr

Company overview

Candi Solar provides end-to-end rooftop solar and battery storage solutions for commercial and industrial businesses across India and South Africa, handling installation, financing, and operations through a shared value model where clients pay only for power produced with zero upfront costs. It offers customized rooftop, open access, carport solar, and BESS systems via flexible financing like PPAs and performance-linked loans, delivering immediate savings and grid independence. The Zurich-headquartered firm manages 220+ MWp portfolio serving SMEs with Swiss engineering and local execution.

Funding rounds

Latest round: $ 38.00 Mn (₹316.77 Cr.), 2024-06-11. Investors: Norfund