Startup Funding Tracker

Rayzon Solar funding, investors and company details

Rayzon Solar is an emerging Solar startup from Surat, working in the space of leading Indian solar panel manufacturer known for producing high-tech, high-performance photovoltaic (PV) modules. Founded by Chirag Nakrani, Hardik Kothiya.

  • Company: Rayzon Solar Limited
  • Sector: Solar
  • Location: Surat
  • Founders: Chirag Nakrani, Hardik Kothiya
  • Total funding raised: ₹150 Cr

Company overview

Rayzon Solar is a leading Indian solar panel manufacturer known for producing high-tech, high-performance photovoltaic (PV) modules. The company operates a state-of-the-art manufacturing facility in Gujarat with a production capacity of over 6 GW, utilizing advanced TOPCon technology. Rayzon Solar focuses on delivering sustainable, innovative solar products to meet global demand, aiming to play a significant role in the renewable energy transition. The company offers customized solar solutions for residential, commercial, and industrial customers, promoting green energy adoption with a commitment to quality, efficiency, and environmental stewardship. Rayzon Solar also has a dedicated EPC subsidiary, Rayzon Green, for engineering, procurement, and construction of solar projects.

Funding rounds

  • Latest round (Pre-IPO): ₹150.00 Cr. ($ 17.73 Mn), 2025-04-19. Investors: Sachin Tendulkar (Cricketer), Divyang Patel, Harshadkumar Patel