When was Solfin founded?

Solfin was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Solfin located?

Solfin is headquartered in Gurugram, India. It is registered at B-102, 103 and 104, 1st Floor, Tower-B, Pioneer Urban Square Village Ghata, Sector-62, Golf Course Extension Road, Tehsil Wazirabad, Gurgaon, Gurgaon, Sadar Bazar, Haryana, India, 122001.

Which legal entities is Solfin associated with?

Solfin is associated with XSFINANCE AND INVESTMENT PRIVATE LIMITED.

How many employees does Solfin have?

As of Apr 30, 2025, the latest employee count at Solfin is 21.

Is Solfin a funded company?

Solfin is a funded company, having raised a total of $54.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 30, 2023.

How much is Solfin worth?

The latest valuation of Solfin is ₹***** as of Mar 31, 2026.

When was the latest funding round of Solfin?

Solfin's latest funding was a $***** Series C round on May 21, 2026, with participation from 0 investor.

What is the annual revenue of Solfin?

Annual revenue of Solfin is less than ₹10 Cr as on Mar 31, 2025

Where does Solfin rank among its competitors?

Solfin ranks 2nd amongst 1069 active competitors, of which 22 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Solfin, which secured $28.9M in May, 2026.

Who are the top competitors of Solfin?

Solfin's top competitors include Ecofy, Oorjan and Metafin. Among them, Solfin secured the most recent funding round in May, 2026.

Solfin - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of SME loans for solar projects. Company collaborates with real estate developers to finance and oversee the development of community-scale, ground-mounted solar arrays that generate clean power.

Website: solfin.co.in
Social
Email ID: *****@solfin.co.in
Phone Number: +91 **********
Registered Address: B-102, 103 and 104, 1st Floor, Tower-B, Pioneer Urban Square Village Ghata, Sector-62, Golf Course Extension Road, Tehsil Wazirabad, Gurgaon, Gurgaon, Sadar Bazar, Haryana, India, 122001

Key Metrics

Founded Year

2022

Location

Gurugram, India

Stage

Series C

Total Funding

$54.6M in 4 rounds

Latest Funding Round

Series C, May 21, 2026, $*****

Post Money Valuation

₹***** as on Mar 31, 2026

Investors

PointOne Capital & 20 more

Ranked

2^nd among 1069 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

21 as on Apr 30, 2025

Investment & Acquisitions

Dhanvikas & 1 more

Similar Companies

Ecofy & 47 more

View Solfin's full profile

Solfin is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
XSFINANCE AND INVESTMENT PRIVATE LIMITED CIN: U65999HR2022PTC108105 , India, Active	Dec 01, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	80 (As on Mar 01, 2026)

Solfin has raised a total funding of $54.6M over 4 rounds. Its first funding round was on Mar 30, 2023. Solfin has 10 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Solfin:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 21, 2026	1399788	Series C	3125100	9006011	3792833	7330380
Feb 01, 2026	2210643	Series B	6105117	5835254	7566158	South Handlooms & 5 more
May 15, 2025	2400228	Series A	6205147	3854049	2199193	Waaree Sustainable Finance

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View details of Solfin's funding rounds and investors

The founders of Solfin is Gautam Kaushik.

Here are the details of Solfin's key team members:

Gautam Kaushik: Co-Founder of Solfin.
Contact Info: 2 email addresses

View details of Solfin's Founder profiles and Board Members

Solfin's employee count trend

Solfin has 21 employees as of Apr 25. Here is Solfin's employee count trend over the years:

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Top competitors of Solfin include Ecofy, Oorjan and Metafin. Here is the list of Top 10 competitors of Solfin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ecofy 2022, Mumbai (India), Series B	Financial solutions for the electric vehicle, solar, and SME sectors	$65.5M	Finnfund, British International Investment ... & 4 others	71/100
2nd	Solfin 2022, Gurugram (India), Series C	Provider of SME loans for solar projects	$54.6M	LetsVenture, QED Innovation Labs & 19 others	68/100
3rd	Oorjan 2014, Mumbai (India), Seed	Provider of solar project financing and development services	$655K	Globevestor, Hercules Pigments & 17 others	66/100
4th	Metafin 2018, Mumbai (India), Series A	Provider of solar energy financing services	$15.7M	Prime Venture Partners, Venture Catalysts ... & 21 others	63/100
5th	Aerem 2018, Mumbai (India), Series A	Solar fintech platform providing rooftop solar financing	$36.2M	Blume Venture, Anchorage Capital Partners ... & 39 others	63/100
6th	Credit Fair 2018, Mumbai (India), Acquired	Platform offering solar financing solutions	$26.8M	Nueva Capital, pi Ventures & 69 others	60/100
7th	Orb Energy 2006, Bengaluru (India), Series A	Provider of solar solutions	$8.1M	FMO, Shell & 12 others	57/100
8th	Two Point O Capital 2024, Mumbai (India), Seed	Provider of financing solutions for energy transition projects and businesses	$6.3M	Omnivore, Calabasas Ventures & 9 others	56/100
9th	cKers Finance 2017, Delhi (India), Series A	Provider of specialized debt financing to climate and sustainable energy focused startups	$5M	New Energy Nexus, IDBI trustee	55/100
10th	U-Solar Clean Energy 2010, Bengaluru (India), Series A	Provider of solar power solutions for industrial, commercial, and residential sector	$507K	Rvg Partners, Goode Partners & 3 others	54/100

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Founders own 9.55%, Funds own 0.30%, Parent Entities (largest shareholder) own 68.82% and Enterprises own 12.00%. The net worth of Solfin's founders is INR 69.2Cr as of Feb 01, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.55%	69.2Cr	6441979	5143564	4985625	5892434
Fund	0.30%	2.16Cr	0	0	0	0
QED Innovation Labs	0	0	0	0	0	0
PointOne Capital	0	0	0	0	0	0
Parent Entity	68.82%	499Cr	9355056	1107108	8904727	8155054
Enterprise	12.00%	87Cr	5167357	7279771	9142211	7140460
Angel	5.89%	42.6Cr	81533	10807	79605	91965
Ramesh Kumar Jain	3	5	7	4	6	2
ESOP Pool	3.45%	25Cr	960	804	410	687
Total	100.00%	725Cr	3993421	5737745	2445038	1741763