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Waaree Energies is into manufacturing solar PV modules and also provides EPC services, rooftop solar solutions, and other solar products
Basic Information
Waaree Energies Ltd. is the flagship company of Waaree Group, founded in 1989 with headquarters in Mumbai, India. It has India's largest Solar PV Module manufacturing capacity of 2 GW's at its plants in Surat and Umbergaon in Gujarat. WAAREE Energies is amongst the emerging companies in India focusing on sustainable lifestyle for current and upcoming generations. It leads the Indian market in providing EPC services, project development, rooftop solutions, and solar water pumps and also as an Independent Power Producer. WAAREE has supplied around 3.1 GW of solar panels till date globally, and commissioned over 600 MW of solar EPC projects in India. Their clientele has companies like ACME, Adani, Aditya Birla Group, Azure Power, BOSCH, BHEL, Bharat Petroleum among others.
Legal Name
:
Waaree Energies Ltd.
Headquarters
:
Mumbai, Maharashtra , India
Founding Date
:
1989
No. of Employees
:
1000+
Core Team
:
1.  
Hitesh Doshi
MD & Chairman
Funding

Total Funding

$256.5M

Investors
:
1.  
Centrum Financial Services
2.  
ValueQuest Investment Advisiors
Detail Round Breakdown
Round 1

$120.88M

Series Name
:
EQUITY
Date
:
7th Aug 2023
Investors
:
1.  
ValueQuest Investment Advisiors