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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 160 active competitors, including 9 funded and 7 that have exited. Its top competitors include companies like Wonderchef, Cello and Borosil.

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
6235338
Seed
7873612
2248543
7056326
1409947
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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 Rama Krishna Donepudi, Aruna Movva and Kolli Gopala Gopalakrishna are independent board members.
Here is the list of SOLARA's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 11m
Independent board member
-
Current
4y 1m
nntknva
Independent board member
-
Current
1y 3m
oqhqyjk
Independent board member
-
Current
8y 5m

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 Wonderchef, Cello and Borosil. 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 Wonderchef
Wonderchef
2009, Mumbai (India), Series C
Internet first brand of multi-category kitchen products
$49.3M
74/100
2nd
Logo for Cello
Cello
1958, Mumbai (India), Public
Brand of kitchen appliances and thermoware products
$57.3M
64/100
3rd
Logo for Borosil
Borosil
1962, Mumbai (India), Public
Manufacturer of heat proof glassware, solar glass, and specialty glass products
-
-
59/100
4th
Logo for Merlin Brands
Merlin Brands
2020, Delhi (India), Series A
Brand of diversified consumer products
$3.2M
53/100
5th
Logo for Hamilton Housewares
Hamilton Housewares
1972, Mumbai (India), Early Stage
Kitchen utility ware brand
$1.48M
50/100
6th
Logo for SOLARA
SOLARA
2021, Hyderabad (India), Seed
Online platform offering kitchen supplies
$643K
50/100
7th
Logo for Palette Brands
Palette Brands
2014, Bengaluru (India), Seed
Brand of non stick cookware, apple accessories, and other products
$4.5M
48/100
8th
Logo for Milton
Milton
1972, Mumbai (India), Unfunded
Manufacturer of homeware and kitchenware products
-
-
47/100
9th
Logo for Rabitat
Rabitat
2019, Delhi (India), Series A
Retailer of foodware, drinkware, training, and school essential products
$5M
47/100
10th
Logo for All Time Plastics
All Time Plastics
1964, Mumbai (India), Public
Online store for plastic items
-
-
45/100
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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
4654930
6600337
2201997
8992552
4235381
8098137
6548357
4344733
3806126
3949882
Enterprise
3.04%
2.2Cr
864
588
124
264
Other People
27.98%
20.3Cr
5116012
4772409
1549149
2984434
Total
99.99%
72.4Cr
1805720
2354079
1194466
6419972
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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.

FAQs about SOLARA

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