Goldi Solar Secures Rs 1,422 Crore to Propel Solar Innovation
Goldi Solar has raised Rs 1,422 crore in a funding round led by Havells India. The funds will support Goldi Solar's growth, including manufacturing expansion and technological innovation. The funding round featured diverse investors, emphasizing sustainable growth and strategic development.
- Country:
- India
Goldi Solar announced on Wednesday that it has successfully secured over Rs 1,400 crore in funding, primarily led by consumer electrical powerhouse Havells India Ltd. The significant capital injection witnesses participation from various high-net-worth individuals and strategic investors, as conveyed by the Gujarat-based solar module manufacturer.
In an official statement, Goldi Solar confirmed the infusion as “landmark growth capital” supported by Havells India among an esteemed consortium of investors. A total capital of Rs 1,422 crore has been amassed from multiple investors, with intentions to fuel forthcoming growth ambitions.
Spearheaded by Havells India’s Rs 600 crore infusion, notable contributions also came from Nikhil Kamath and other business figures. These financial backings promise to robustly support Goldi Solar’s manufacturing expansion, technological advancement, and innovative solar cell production in the near future.
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