Loom Solar Pvt. Ltd.

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Loom Solar Pvt. Ltd. - overview

Established

2018

Location

-, -, India

Primary Industry

Renewable Energy

About

Founded in 2018 and based in Faridabad, India, Loom Solar Pvt. Ltd. is a company that manufactures solar panels, lithium batteries, inverters, wires, and other accessories. Amod Anand and Amol Anand are the co-founders of the company.


In January 2023, Loom Solar Pvt. Ltd. raised USD 2 million in venture funding from SIMA Funds. As of January 2023, the business had 3500 resellers, 100 employees, 2 offices, and 1 manufacturing unit, and operated in 500 districts across India.


The company provides products including solar panels, lithium batteries, solar inverters, solar wires, panel stands, and charge controllers. Loom Solar offers solutions such as power storage, off-grid systems, grid-connected systems, installation kits, and more. The firm operates an online shop to sell their products. The organization plans to use the January 2023 funding to further develop its products and serve more homes in India in the medium term through sustainable solar energy.


Current Investors

Primary Industry

Renewable Energy

Sub Industries

Solar Power, Energy Storage & Batteries

Website

www.loomsolar.com

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

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