India E-Mobility Show

ZunRoof raises Rs 8 crore from Godrej to fund its expansion plans and strengthen product portfolio

Rooftop solar solutions provider ZunRoof has raised USD 1.2 million (around Rs 8 crore) from Godrej family office to fund expansion plans and strengthen product portfolio.

The funding comes at an integral time for the company, which is working towards fulfilling the government’s target of achieving 40 GW of rooftop solar by 2022, said the company in a statement.

“ZunRoof has raised a fresh round of funding of USD 1.2 million from Godrej family office,” a company statement said.

The company has already made a mark in over 40 cities, including Delhi, Chandigarh, Lucknow, Bengaluru, among others.

Pranesh Chaudhary, Founder & CEO, ZunRoof said “Backing from Pirojsha Godrej comes at the perfect time – allows us to hire and retain great talent, scale solar rooftop operations across India and launch our home-IOT products”.

The company has designed solar rooftops for over 10,000 residential houses and specialises in solar rooftop design, installation, and management using technology.

MORE TO READ:

GIP to acquire solar portfolio of RattanIndia for INR 2000 crore: Report

Hero Future Energies to get USD 43.3 million debt financing from IFC

India E-Mobility Show