Navitas Alpha Renewables Pvt. Ltd.
India's leading manufacturer of solar panel encapsulant sheet
India's leading manufacturer of solar panel encapsulant sheet
Navitas Alpha Renewables Pvt. Ltd. is a leading manufacturer of solar panel encapsulant sheet in India. The company operates in the manufacturing and renewable energy industries and was founded in 2020. With the country experiencing rapid growth in renewable energy, particularly solar power, Navitas-Alpha Renewables is strategically positioned to capitalize on this burgeoning market.
India's transition to cleaner, more sustainable energy sources presents a significant opportunity for companies like Navitas-Alpha Renewables. The firm's recent INR70.00M Seed Round investment on 24 September 2022 has attracted notable investors including Niveshaay Investment Advisory, Madhusudan Sarda, and Ivy Growth Associates.
Navitas-Alpha Renewables is aligned with the country's goal to increase the proportion of energy supplied from renewable sources. Their commitment to making solar energy widely accessible at economical prices aligns with the broader global initiative to reduce carbon footprints. By manufacturing highly efficient solar modules, the company aims to offer optimal energy production with minimal after-care, thus contributing to a sustainable future on a global scale.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | INR70.00M | 3 | Niveshaay Investment Advisory, Madhusudan Sarda +1 | 24 Sep 2022 |
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