SolarSquare Series C with Dhoni
Analysis based on 6 articles · First reported Jul 21, 2026 · Last updated Jul 21, 2026
The investment signals growing confidence in India's residential solar market, which is expected to expand due to rising electricity costs and government subsidies. SolarSquare's expansion plans could boost the renewable energy sector and attract further investment.
SolarSquare, an Indian residential rooftop solar company, raised $53 million in Series C funding led by B Capital, with participation from Lightspeed, Elevation Capital, Lowercarbon Capital, Rainmatter, and Good Capital. Former cricket captain MS Dhoni invested through his family office Midas Deals and was appointed brand ambassador. The company plans to expand into 30-40 new cities, strengthen its technology platform, and enhance financing options. SolarSquare has installed over 50,000 rooftop solar systems across 29 cities in India.
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