Soleos Solar Energy raises $12M funding led by GVFL

Renewable energy company Soleos Solar has raised $12 million in a funding round led by GVFL.

GVFL invested $2.5 million in the round, which also saw participation from Tipsons Group, Navin Dalmia, and select family offices, along with additional contributions from several existing investors.

The newly raised capital will be used to expand Soleos’ development pipeline, fund construction in key regions, strengthen investor governance, scale group-captive and consumer-focused energy models, and build integrated solar-plus-storage capabilities.

The company recently began manufacturing in-house battery energy storage systems. This latest fundraise is expected to support Soleos’ transition from primarily a solar execution specialist to a full-time, round-the-clock renewable solutions provider.

Read also- NeoSapien raises $2 Mn in seed round led by Merak Ventures

Mihir Joshi, Managing Director of GVFL, said, “Soleos has built a robust platform that addresses the structural gaps in renewable infrastructure creation. Its integrated approach across development, execution, and long-term performance provides clarity and confidence for investors which is essential for scaling clean energy. We believe the company is well placed to play a key role in india’s energy transition and expand its presence internationally.”

Bhavesh Rathod, Founder of Soleos, said, “From the beginning, our mission has been to bridge both the energy gap and the investment gap through reliable, investor-grade renewable infrastructure. This successful fundraise strengthens our ability to build ready-to-deploy assets, expand our consumer and investor networks, and accelerate our move into round-the-clock renewable capability. The participation of GVFL and other premier investors is an important validation of our approach and long-term institutional focus.”

About Soleos Solar

Founded in 2017 by Bhavesh Rathod, Soleos operates an integrated platform that combines project development, consumer sourcing, investor onboarding, capital structuring, EPC delivery, and long-term asset management in a single system. This model reduces development, execution, performance, financial, and scalability risks that often slow the growth of renewable energy infrastructure. 

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Over the past eight years, the company has delivered projects in India, Ghana, Uganda, and Portugal, developed solar parks, executed smart city programs, and built a portfolio of consumer-focused energy solutions supporting both commercial and industrial demand.

Soleos plans to expand its presence across India and select international markets over the next year. The company aims to develop storage led, grid supportive solutions that manage peak demand and deliver commercially efficient renewable energy. In the long term, Soleos envisions becoming a global platform recognized for reliable execution and dependable energy delivery.

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