
Candi Solar
Zero-cost solar and battery solutions for businesses in India and Africa
Zurich, India · Founded 2017 · $65.0M raised
- Headquarters
- Zurich
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- candi.solar
- Total Funding
- $65.0M
- Last Round
- $38.0M Series CJan 2024
- Rounds
- 3
About
Candi Solar is a Swiss-engineered solar and battery solutions company founded in 2017 that partners with businesses to provide simple, end-to-end solar and storage installations with zero upfront cost and 100% financing. The company specializes in highly customised, financially attractive, and risk-free solar power solutions for small and medium-sized enterprises, handling the complete process from financing and installation through to ongoing system management and performance guarantees. Candi Solar operates primarily in India and South Africa, serving businesses that want to reduce energy costs and carbon emissions without capital expenditure. The company offers customized finance and performance solutions and guarantees optimal energy performance and reliability over the life of each installation. As of 2026, Candi Solar has raised approximately $66 million in total funding across nine rounds from investors including IFC, responsAbility, Norfund, and STOA.
Summary
Candi Solar is a Renewable Energy company based in Zurich, India, founded in 2017. It has raised $65.0M in total across 3 rounds, most recently a $38.0M Series C round in Jan 2024. Investors include Norfund, Kyuden International and International Finance Corporation.
Tech & App Stack
3 technologies & apps tracked
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
Funding History
Jan 2024
Sign up to see all 4 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
Fervo Energy delivers 24/7 carbon-free energy through next-generation geothermal projects.
Clean energy and data center infrastructure developer; agreed to be acquired by Alphabet in 2025.
Germany's leading integrated renewable energy company offering solar panel subscriptions, battery...
Decarbonization and sustainable energy platform in India set up in partnership with the Sterlite ...
Cloud-based software platform that transforms solar design, sales, and delivery with AI-powered t...

Financing platform for residential solar installations, connecting homeowners with solar provider...