When was Loom Solar founded?

Loom Solar was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Where is Loom Solar located?

Loom Solar is headquartered in Faridabad, India. It is registered at B-921, G.F. Greenfields Colony Amar Nagar, Faridabad, FARIDABAD, Haryana, India, 121003.

Which legal entities is Loom Solar associated with?

Loom Solar is associated with LOOM SOLAR PRIVATE LIMITED.

How many employees does Loom Solar have?

As of Aug 31, 2025, the latest employee count at Loom Solar is 1.

Is Loom Solar a funded company?

Loom Solar is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 17, 2023.

When was the latest funding round of Loom Solar?

Loom Solar's latest funding was a $***** Seed round on Jan 17, 2023, with participation from 1 investor.

What is the annual revenue of Loom Solar?

Annual revenue of Loom Solar is ₹399Cr as on Mar 31, 2025.

Where does Loom Solar rank among its competitors?

Loom Solar ranks 92nd amongst 1754 active competitors, of which 97 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Waaree Energies, which secured $113M in Oct, 2025.

Who are the top competitors of Loom Solar?

Loom Solar's top competitors include Waaree Energies, First Solar and Vikram Solar. Among them, Waaree Energies secured the most recent funding round in October, 2025.

Loom Solar - 2026 Company Profile, Team, Funding, Competitors & Financials

Loom Solar is a seed company based in Faridabad (India), founded in 2018 by Amol Anand and Amod Anand. It operates as a Designs, manufactures, and distributes a wide range of solar power generation products and systems. Loom Solar has raised $2M in funding from Social Investment Managers & Advisors. The company has 1754 active competitors, including 97 funded and 122 that have exited. Its top competitors include companies like Waaree Energies, First Solar and Vikram Solar.

Company Details

Designs, manufactures, and distributes a wide range of solar power generation products and systems. Its product portfolio includes high-efficiency photovoltaic solar panels, lithium-ion batteries, and solar inverters, supported by in-house research and development and two manufacturing facilities.

Website: www.loomsolar.com/
Social
Email ID: *****@loomsolar.com
Phone Number: +91 **********
Registered Address: B-921, G.F. Greenfields Colony Amar Nagar, Faridabad, FARIDABAD, Haryana, India, 121003

Key Metrics

Founded Year

2018

Location

Faridabad, India

Stage

Seed

Total Funding

$2M in 1 round

Latest Funding Round

Seed, Jan 17, 2023, $*****

Investors

Social Investment Managers & Advisors

Ranked

92^nd among 1754 active competitors

Annual Revenue

₹399Cr as on Mar 31, 2025

Employee Count

1 as on Aug 31, 2025

Similar Companies

Vikram Solar & 1643 more

View Loom Solar's full profile

Loom Solar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOOM SOLAR PRIVATE LIMITED CIN: U31909HR2018PTC074935 , India, Active	Jul 11, 2018	$47.2M (As on Mar 31, 2025)	1 (As on Aug 01, 2025)

Loom Solar has raised a total funding of $2M over 1 round. Its latest funding round was a Seed round on Jan 17, 2023 for $*****. 1 investor participated in its latest round. Loom Solar has 1 institutional investor.

Here is the list of recent funding rounds of Loom Solar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 17, 2023	8022467	Seed	5347093	1566373	1730250	8905289

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View details of Loom Solar's funding rounds and investors

The founders of Loom Solar are Amol Anand and Amod Anand.

Here are the details of Loom Solar's key team members:

Amol Anand: Co-Founder & Director of Loom Solar. They serve on the board of 1 company.
Amod Anand: Co-Founder of Loom Solar. They serve on the board of 1 company.

Loom Solar's Board of Directors

Loom Solar's board has 2 active members. Amol Anand and Amod Anand are part of team.

Here is the list of Loom Solar's board of directors:

Name	Type	Representing	Status	Duration
Amol Anand	Team	-	Current	7y 8m
Amod Anand	Team	-	Current	7y 8m
xfdequj	Team	-	Current	2y 2m

View details of Loom Solar's Founder profiles and Board Members

Loom Solar's employee count trend

Loom Solar has 1 employees as of Aug 25. The total employee count is 50.0% lower than what it was in Aug 24. Here is Loom Solar's employee count trend over the years:

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Top competitors of Loom Solar include Waaree Energies, First Solar and Vikram Solar. Here is the list of Top 10 competitors of Loom Solar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Waaree Energies 1990, Mumbai (India), Public	Manufacturer of solar PV modules	$261M	ValueQuest, Dharamshi Securities & 189 others	75/100
2nd	First Solar 1999, Tempe (United States), Public	Provider of cadmium telluride-based flexible solar modules	-	Triodos Investment Management, GSA Capital Partners ... & 1 others	70/100
3rd	Vikram Solar 2005, Kolkata (India), Public	Manufacturer of solar photovoltaic modules and renewable energy solutions	$94.1M	Monolink Trexim, Viney Equity Market & 75 others	69/100
4th	Goldi Solar 2011, Surat (India), Series A	Manufacturer of solar PV modules	$172M	Kamath Associates, Havells & 9 others	67/100
5th	Swift Solar 2017, Golden (United States), Series A	Provider of flexible perovskite solar cells	$42.4M	Eni Next, Good Growth Capital & 20 others	67/100
6th	Premier Energies 1995, Secunderabad (India), Public	Developer of solar energy projects	$45M	Intersolar, Harwood & 11 others	66/100
7th	Suniva 2007, Norcross (United States), Acquired	Manufacturer of solar PV modules	$224M	New Enterprise Associates, Warburg Pincus ... & 10 others	64/100
8th	Jinko Solar 2006, Shanghai (China), Public	Manufacturer of solar modules	$35M	China Israel Value Capital, Shenzhen Capital Group ... & 5 others	63/100
9th	CubicPV 2021, Bedford (United States), Series C	Manufacturer of solar PV modules	$137M	SCG, Breakthrough Energy & 5 others	63/100
10th	Saatvik Green Energy 2015, Gurugram (India), Public	Manufacturers of solar PV modules	-	-	63/100
92nd	Loom Solar 2018, Faridabad (India), Seed	Designs, manufactures, and distributes a wide range of solar power generation products and systems	$2M	Social Investment Managers & Advisors	44/100