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SOLARA - About the company

SOLARA is a seed company based in Hyderabad (India), founded in 2021 by Swetha padma Parvathaneni and Gopal Kolli. It operates as an Online platform offering kitchen supplies. SOLARA has raised $643K in funding from Sky Moonshot Holdings, with a current valuation of $*****. The company has 24 active competitors, including 4 that are funded. Its top competitors include companies like P-TAL, EDT and CURAA.

Company Details

Online platform offering kitchen supplies. It offers drinkware, kitchen appliances, cookware, and more.
Social
XFacebook
Email ID
*****@solara.in
Phone Number
+91 **********
Registered Address
16-11-477/6/4, Venu Gaddianaram, Hyderabad, Hyderabad, Telangana, India, 500060
Key Metrics
Founded Year
2021
Location
Hyderabad, India
Stage
Seed
Total Funding
$643K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jan 09, 2023
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
27 as on Jul 31, 2025
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SOLARA's funding and investors

SOLARA has raised a total funding of $643K over 1 round. Its latest funding round was a Seed round on Jan 09, 2023 for $*****. 1 investor participated in its latest round. SOLARA has 1 institutional investor and 3 angel investors.

Here is the list of recent funding rounds of SOLARA:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2023
3342939
Seed
9785324
6432991
9789394
2402855
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SOLARA's founders and board of directors

Founder? Claim Profile
The founders of SOLARA are Swetha padma Parvathaneni and Gopal Kolli.
Here are the details of SOLARA's key team members:

SOLARA's Board of Directors

SOLARA's board has 4 active members. Swetha padma Parvathaneni is part of team and Aruna Movva, Kolli Gopala Gopalakrishna and Rama Krishna Donepudi are independent board members.
Here is the list of SOLARA's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 2m
Independent board member
-
Current
4y 10m
iqnbvyh
Independent board member
-
Current
3y 1m
i{logcw
Independent board member
-
Current
2y 9m

SOLARA's employee count trend

SOLARA has 27 employees as of Jul 25. The total employee count is 93.0% more than what it was in Jul 24. Here is SOLARA's employee count trend over the years:
Employee count trend for SOLARA
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SOLARA's Competitors and alternates

Top competitors of SOLARA include P-TAL, EDT and CURAA. Here is the list of Top 10 competitors of SOLARA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for P-TAL
P-TAL
2017, Panchkula (India), Seed
Manufacturer of handcrafted metal kitchenware and cookware
$3.64M
66/100
2nd
Logo for EDT
EDT
2025, Mumbai (India), Seed
Manufacturer of kitchen appliances including air fryers and electric kettles
$1.4M
51/100
3rd
Logo for SOLARA
SOLARA
2021, Hyderabad (India), Seed
Online platform offering kitchen supplies
$643K
50/100
4th
Logo for CURAA
CURAA
2025, Mumbai (India), Unfunded
Provider of multi-category home kitchen appliances and solutions
-
-
41/100
5th
Logo for Sumeet Cookware
Sumeet Cookware
2020, Mumbai (India), Unfunded
Internet first brand offering kitchenware
-
-
39/100
6th
Logo for Zishta
Zishta
2016, Bengaluru (India), Unfunded
Retailer of kitchen, table & dining, gifts, and home furnishing products
-
-
35/100
7th
Logo for Veda Essentials
Veda Essentials
2023, Rishikesh (India), Unfunded
Online retailer of handcrafted cookware, dining, and home and kitchenware
-
-
34/100
8th
Logo for Sigri Wala
Sigri Wala
2021, Faridabad (India), Unfunded
Internet first brand of gas stoves, kitchenware, cookware, dinnerware, home appliances, and accessories
-
-
34/100
9th
Logo for VB Dace
VB Dace
2022, Chennai (India), Unfunded
Manufacturer of a cookware brand that offers a range of non-toxic, healthy, and aesthetically pleasing products , focusing on user-friendliness and durability
-
-
29/100
10th
Logo for Hestia Appliances
Hestia Appliances
2015, Mumbai (India), Seed
Manufacturer of kitchen appliances including cold press juicers and blenders
-
29/100
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SOLARA's Latest cap tables and shareholding

Founders (largest shareholder) own 68.97%, Enterprises own 3.04% and Other People own 27.98%. The net worth of SOLARA's founders is INR 50Cr as of Jan 09, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.97%
50Cr
4975481
1440479
9835292
6027729
1046305
7320231
7764660
8396539
5118206
5137985
Enterprise
3.04%
2.2Cr
853
973
210
381
Other People
27.98%
20.3Cr
3942292
9240614
6254735
7245645
Total
99.99%
72.4Cr
9543216
5126133
5165862
4334598
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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 SOLARA's Shareholding

SOLARA's Investments and acquisitions

SOLARA has made no investments or acquisitions yet.

Reports related to SOLARA

Here is the latest report on SOLARA's geography:

FAQs about SOLARA

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