Rooftop solar startup MYSUN raises Rs 32 Cr in pre-Series A round

Date posted: Sunday 10 May 2020

MYSUN, a Delhi-based technology platform for rooftop solar energy solutions for industry, SMEs/MSMEs, and homes, has raised Rs 32 crore from its existing investors in a structured equity deal as a part of its Pre-Series A round. The company plans to use the capital to further improve its technology infrastructure, scale up the service offerings, and expand to newer geographies, both in India and globally, including parts of the Middle-East, Asia-Pacific, and Africa. With this investment, MYSUN will also foray deeper into its in-house SME financing solutions, catering to the solar financing needs of SMEs/MSMEs and individuals making solar ownership a hassle-free experience, it added.

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