GREW

GREW is a clean energy company in Ahmedabad, India, founded in 2022. It has raised $109.7M across 1 round, most recently a $109.7M Venture Round in February 2026.

Powering The Next

Headquarters
Ahmedabad
Employees
1001–5000
Founded
2022
Business Model
B2B
Total Funding
$109.7M
Last Round
$109.7M Venture RoundFeb 2026
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 1 investor for this company. The full record is or through the API.

About

Founded in 2022 and headquartered in Ahmedabad, Gujarat, GREW Solar is India's fastest-growing solar PV module manufacturer, backed by the Chiripal Group. The company operates a fully operational 6.5GW solar PV module plant in Jaipur and is expanding to 11GW of module manufacturing capacity alongside 8GW of cell manufacturing capacity. GREW Solar produces high-efficiency M10 and G12R TOPCon modules and is pursuing three-stage backward integration from ingots and wafers through to finished modules, targeting global markets including North America.

Summary

It lists 1001–5000 employees. It has raised $109.7M in total across 1 round, most recently a $109.7M Venture Round in Feb 2026. Investors include Bay Partners.

Funding History

Data from Indexed.vcUpdated
Venture RoundFunding RoundFeb 2026
$109.7M

Investors

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