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U-Solar Clean Energy - About the company

U-Solar Clean Energy is a series A company based in Bengaluru (India), founded in 2010 by K R Hari Narayan. It operates as a Provider of solar power solutions for industrial, commercial, and residential sector. U-Solar Clean Energy has raised $507K in funding from investors like BlueOrchard, Goode Partners and Rvg Partners, with a current valuation of *****. The company has 1156 active competitors, including 16 funded and 11 that have exited. Its top competitors include companies like Oorjan, ZunRoof and ADM.

Company Details

Provider of solar power solutions for industrial, commercial, and residential sector. It provides end-to-end services including solar consulting, system design and engineering, project development, financing, procurement and construction, rooftop and ground-mounted solar installations, off-grid and hybrid systems, building-integrated photovoltaics, commissioning, and IoT-enabled operations and maintenance.
Website
usolar.in
Social
XFacebook
Email ID
*****@usolar.in
Phone Number
+91 **********
Registered Address
12/5/5 Lavelle Road Richmond Town, Bangalore, Bangalore, Karnataka, India, 560001
Key Metrics
Founded Year
2010
Location
Bengaluru, India
Stage
Series A
Total Funding
$507K in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 25, 2019
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
91 as on May 31, 2025
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U-Solar Clean Energy's funding and investors

U-Solar Clean Energy has raised a total funding of $507K over 2 rounds. Its first funding round was on Jul 25, 2019. Its latest funding round was a Series A round on Mar 01, 2023 for $*****. 1 investor participated in its latest round. U-Solar Clean Energy has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of U-Solar Clean Energy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 01, 2023
9055673
Series A
3645905
7499393
9070165
2078997
Jul 25, 2019
5754784
Seed
6245413
1935875
6696596
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U-Solar Clean Energy's founders and board of directors

Founder? Claim Profile
The founders of U-Solar Clean Energy is K R Hari Narayan.
Here are the details of U-Solar Clean Energy's key team members:

U-Solar Clean Energy's Board of Directors

U-Solar Clean Energy's board has 2 active members. Kambinatham Harinarayan Rangarajan is part of team and Praveen Kumar is independent board member.
Here is the list of U-Solar Clean Energy's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
15y 11m
Independent board member
-
Current
1y 10m
ahgfshm
Independent board member
-
Past
9y 5m

U-Solar Clean Energy's employee count trend

U-Solar Clean Energy has 91 employees as of May 25. The total employee count is 6.0% lower than what it was in May 24. Here is U-Solar Clean Energy's employee count trend over the years:
Employee count trend for U-Solar Clean Energy
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U-Solar Clean Energy's Competitors and alternates

Top competitors of U-Solar Clean Energy include Oorjan, ZunRoof and ADM. Here is the list of Top 10 competitors of U-Solar Clean Energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Oorjan
Oorjan
2014, Mumbai (India), Seed
Provider of solar project financing and development services
$655K
66/100
2nd
Logo for ZunRoof
ZunRoof
2016, Gurugram (India), Series A
Provider of solar panel installation and O&M services
$18M
55/100
3rd
Logo for U-Solar Clean Energy
U-Solar Clean Energy
2010, Bengaluru (India), Series A
Provider of solar power solutions for industrial, commercial, and residential sector
$507K
54/100
4th
Logo for ADM
ADM
2017, Delhi (India), Unfunded
Manufacturer of solar panel and installation services
-
-
52/100
5th
Logo for SunSource Energy
SunSource Energy
2010, Noida (India), Acquired
Provider of solar-based energy and storage solutions to commercial, industrial, and institutional clients
$7.54M
50/100
6th
Logo for Truzon Solar
Truzon Solar
2008, Hyderabad (India), Seed
Manufacturer of solar power systems
$3.22M
50/100
7th
Logo for Becquer Energy
Becquer Energy
2016, Mumbai (India), Unfunded
Manufacturer of solar products and EPC services
-
-
49/100
8th
Logo for Amplus Solar
Amplus Solar
2008, Gurugram (India), Acquired
Provider of renewable energy solutions
$157M
48/100
9th
Logo for Zolt Energy
Zolt Energy
2013, Hyderabad (India), Seed
Provider of residential solar rooftop installation services
$221K
48/100
10th
Logo for Stockwell Solar Services
Stockwell Solar Services
2017, Jaipur (India), Unfunded
Provider of end-to-end solar solutions, including financing and maintenance
-
-
48/100
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U-Solar Clean Energy's Latest cap tables and shareholding

Founders own 42.15%, Funds (largest shareholder) own 50.09% and Other People own 7.76%. The net worth of U-Solar Clean Energy's founders is INR 2.94Cr as of Jul 25, 2019.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
42.15%
2.94Cr
5093900
6186261
3157392
1739693
3424267
7818402
8544784
3194844
6103749
4174592
Fund
50.09%
3.5Cr
9796142
4204506
4539791
1100578
9950755
3022591
6850520
3920352
5684789
5499985
7330428
6424645
2079920
8016020
2936608
2812452
Other People
7.76%
54.2L
8002599
4445832
8558597
8911634
Total
100.00%
6.99Cr
4470408
5185470
6439941
6698589
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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

U-Solar Clean Energy's Investments and acquisitions

U-Solar Clean Energy has made no investments or acquisitions yet.

Reports related to U-Solar Clean Energy

Here is the latest report on U-Solar Clean Energy's sector:

News related to U-Solar Clean Energy

Media has covered U-Solar Clean Energy for 1 event in last 1 year, It was about company updates.
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