The Week that Was: Indian Startup News Overview (18th August -24th August)
- Climate Tech, FinTech, FoodTech, Retail, and Lab-Grown Diamonds.
- Nikhil Kamath, MS Dhoni, Vertex Ventures, Morgan Stanley.
- Pre-Seed to Series C and Bridge rounds.
- National and international market growth.
- Macquarie Asset Management raises $405M for Vertelo EV platform.
The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, and Chemical Manufacturing & Digital Entertainment. It marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, and others.
Funding News: Nikhil Kamath Boosts Solar Future with Goldi Backing
Company: Goldi Solar
Founder: Ishverbhai Dholakia
About Us: Goldi Solar is a Surat-based renewable energy company specializing in solar module and cell manufacturing. Founded in 2011, the company has rapidly expanded its production capacity from 3 GW to 14.7 GW within just 12 months. Goldi Solar focuses on providing high-quality, cost-effective solar solutions for both domestic and global markets, contributing to India’s clean energy transition.
Founded Year: 2011
Office: Surat, Gujarat (Headquarters)
Sector: Renewable Energy / CleanTech
Funding Round: Private Investment
Investor: Nikhil Kamath, Co-founder of Zerodha
Also Read- YesMadam Rises Strong with Profitable Growth and New Funding
Nikhil Kamath, Co-founder and entrepreneur of Zerodha, has invested Rs 137.5 crore in renewable energy startup ‘Goldi Solar’. The funding will help the company scale up its solar module production and expand into solar cell manufacturing, as India pushes forward with its clean energy mission.
Goldi Solar, founded by Ishverbhai Dholakia in 2011, has rapidly expanded its manufacturing capacity from 3 GW to 14.7 GW within just 12 months. The company is now building its solar cell manufacturing facilities in Surat, Gujarat, with plans to cater to both Indian and global markets.
Website: https:/goldisolar.com

