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Solar 91 - About the company

Solar 91 is a series A company based in Gurugram (India), founded in 2015 by Saurabh Vyas, Prateek Agrawal and Dhawal Vasavada. It operates as a Provider of solar energy services for residential & commercial properties. Solar 91 has raised $9.31M in funding from Nova Global Opportunities Fund and Tikri Investment, with a current valuation of *****. The company has 788 active competitors, including 25 funded and 34 that have exited. Its top competitors include companies like InSolare Energy, SAEL and Tata Power.

Company Details

Provider of solar energy services for residential & commercial properties. It offers site survey services, system design, permits, approvals, installation services, utility interconnection, inspection, commissioning, monitoring and maintenance of solar-powered projects. The company focuses on providing clean, sustainable electricity to businesses, aiming to reduce energy costs and carbon emissions while promoting energy independence and sustainability.
Social
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Email ID
*****@solar91.com
Phone Number
+91 **********
Registered Address
PLOT NO.D-802 SECTOR-5,MALVIYANAGAR, Jaipur, JAIPUR, Rajasthan, India, 302017
Key Metrics
Founded Year
2015
Location
Gurugram, India
Stage
Series A
Total Funding
$9.31M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Jan 23, 2026
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
44 as on Jul 31, 2025
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Solar 91's funding and investors

Solar 91 has raised a total funding of $9.31M over 3 rounds. Its first funding round was on Oct 31, 2022. Its latest funding round was a Series A round on Aug 13, 2025 for $*****. 55 investors participated in its latest round. Solar 91 has 20 institutional investors and 88 angel investors.

Here is the list of recent funding rounds of Solar 91:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 13, 2025
9172576
Series A
3961615
9567104
1755246
6280550
May 01, 2024
4169866
Series A
6511497
7234319
4955442
Oct 31, 2022
1330725
Angel
8398963
9331063
1862145
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Solar 91's founders and board of directors

Founder? Claim Profile
The founders of Solar 91 are Saurabh Vyas, Prateek Agrawal and Dhawal Vasavada.
Here are the details of Solar 91's key team members:

Solar 91's Board of Directors

Solar 91's board has 8 active members. Saurabh Vyas, Prateek Agrawal, Dhawal Vasavada and Sandeep Gurnani are part of team and Manan Jain, Ritesh Agnani, Ganga Vidya Narayanan and Krishna Kumar Pant are independent board members.
Here is the list of Solar 91's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 6m
Team
-
Current
10y 9m
Team
-
Current
10y 9m
Team
-
Current
10y 9m
Independent board member
-
Current
1y 11m
jcsyeax
Independent board member
-
Current
9y 8m
udoiduu
Independent board member
-
Current
3y 6m
sjuqed{
Independent board member
-
Current
1y 2m

Solar 91's employee count trend

Solar 91 has 44 employees as of Jul 25. The total employee count is 15.0% lower than what it was in Jul 24. Here is Solar 91's employee count trend over the years:
Employee count trend for Solar 91
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Solar 91's Competitors and alternates

Top competitors of Solar 91 include InSolare Energy, SAEL and Tata Power. Here is the list of Top 10 competitors of Solar 91, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for InSolare Energy
InSolare Energy
2008, Bengaluru (India), Series B
Provider of renewable energy solutions, including solar, wind, and hydrogen
$19.5M
70/100
2nd
Logo for SAEL
SAEL
1989, Delhi (India), Late Stage
Provider of renewable energy project development services
$61.4M
66/100
3rd
Logo for Tata Power
Tata Power
1919, Mumbai (India), Public
Provider of electricity generation, transmission, and distribution services
-
65/100
4th
Logo for Swelect Energy Systems
Swelect Energy Systems
1984, Chennai (India), Public
EPC services for installation of solar farms
-
-
64/100
5th
Logo for Roofsol Energy
Roofsol Energy
2016, Mumbai (India), Series B
Developer of solar energy projects and provider of engineering services
$63.8M
63/100
6th
Logo for Freyr Energy
Freyr Energy
2014, Hyderabad (India), Series B
Developer of solar energy projects
$13.8M
62/100
7th
Logo for Sterling And Wilson
Sterling And Wilson
1927, Mumbai (India), Public
Provider of engineering, procurement, and construction services for diverse projects
$50M
60/100
8th
Logo for Apraava
Apraava
2000, Mumbai (India), Late Stage
Provider of integrated energy solutions
$368M
60/100
9th
Logo for Jakson Green
Jakson Green
2022, Noida (India), Funding Raised
Developer of solar PV projects
-
60/100
10th
Logo for Solarium
Solarium
2018, Ahmedabad (India), Public
Company specializing in solar PV manufacturing and solutions
-
-
59/100
35th
Logo for Solar 91
Solar 91
2015, Gurugram (India), Series A
Provider of solar energy services for residential & commercial properties
$9.31M
46/100
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Solar 91's Latest cap tables and shareholding

Founders (largest shareholder) own 65.14%, Funds own 4.49%, Enterprises own 4.06% and Angels own 26.24%. The net worth of Solar 91's founders is INR 595Cr as of Jan 23, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
65.14%
595Cr
9142435
2156267
6643865
1803397
1171184
5368519
9337163
5337394
7965134
1918740
1213918
4214161
6374557
4757351
6460702
9848477
6700867
3418182
6692581
3849223
1478674
5109420
Fund
4.49%
41Cr
7750
7686
4274
4676
Enterprise
4.06%
37.1Cr
4164
8643
6349
9510
Angel
26.24%
240Cr
9971208
2376827
1579651
3181999
2
8
4
1
7
3
4
7
1
4
8
1
0
0
0
0
0
0
Other People
0.08%
70.8L
0
0
0
0
Total
100.00%
914Cr
9301362
7193604
7806306
3764965
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Solar 91's Shareholding

Solar 91's Investments and acquisitions

Solar 91 has made no investments or acquisitions yet.

Reports related to Solar 91

Here is the latest report on Solar 91's geography:

News related to Solar 91

Solar91, founded by 4 IITians, files for IPOAsian News InternationalSep 02, 2024Solar 91
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