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Devidayal Solar Solutions

Devidayal Solar Solutions

Private
MumbaiEnergy & Sustainabilityhttps://ddsolar.in/en/

Last Round

Accelerator

Sep 28, 2023

Total Funding Raised

$763,608

Company Overview

Devidayal Solar Solutions is a clean tech company that designs, manufactures, and distributes off-grid solar DC appliances, including solar refrigerators, for income generation in rural and peri-urban markets.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Consumer Electronics, Lending & Credit, Digital Payments

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

solar appliancesdistributed renewable energyDREpay-as-you-goPAYGooff-grid solarsolar home systemssolar refrigerationenergy accesssolar water pumpsrural electrificationinclusive financesolar hardwarerent-to-own

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Caplight Momentum Score

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Devidayal Solar Solutions Comps

Public and private peers based on sector, stage, and business model.

Devidayal Solar Solutions comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Devidayal Solar Solutions Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
AcceleratorSep 28, 2023
GrantJun 1, 2022
SeedOct 29, 2021
DebtAug 4, 2021
SeedApr 1, 2021
Accelerator
Aug 1, 2020

Key People

Founding team and executive leadership

Tushar Devidayal

Founder CEO

Founding Team

Rishabh Soni

Chief Operating Officer, Sales Director

Executive Team

Devidayal Solar Solutions Investors

Notable investors and investment history

Devidayal Solar Solutions investors
InvestorRounds
VillgroAccelerator, Seed
Keiretsu ForumSeed
IKEA FoundationGrant
Council on Energy, Environment and WaterAccelerator
AcumenAccelerator
Social AlphaSeed

Market signals

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  • Dec 1, 2025

    Partnered with Angaza Design Inc. to offer flexible PAYGo financing.

Devidayal Solar Solutions Filings

SEC and related filings with document metadata.

Data table
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Devidayal Solar Solutions Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMumbai
Employee Range24
Year Founded2015
Last FundingSep 28, 2023

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