Radiance Renewables

Radiance - Home

Mumbai, India · Founded 2018 · $100.0M raised

Headquarters
Mumbai
Employees
501–1000
Founded
2018
Business Model
B2B
Total Funding
$100.0M
Last Round
$100.0M Growth EquityFeb 2026
Rounds
1

About

Radiance Renewables is a Mumbai-based green energy company founded in 2018 and promoted by Eversource Capital, India's leading climate impact investor. The company develops, owns, and operates large-scale renewable energy infrastructure across India, offering two primary service lines: Open Access solar projects serving large industrial and commercial consumers through the grid, and Behind the Meter rooftop and ground-mounted installations for on-site energy needs. As of 2025, Radiance has delivered 51+ Open Access projects totaling over 425 MWp of capacity and 28+ Behind the Meter projects totaling 76 MWp, with approximately 1 GW of additional capacity under development.

Summary

Radiance Renewables is a Climate Tech company based in Mumbai, India, founded in 2018. It has raised $100.0M in total across 1 round, most recently a $100.0M Growth Equity round in Feb 2026. Investors include Impact Fund Denmark and FMO.

Tech & App Stack

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Funding History

Growth EquityEquity InvestmentFeb 2026
$100.0M

Investors

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