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Waaree Group logo — Waaree is India's Largest Solar Module & Cell Manufacturer w...

Waaree Group

Waaree is India's Largest Solar Module & Cell Manufacturer with a presence in over 20 countries.

Founded 1989 India Mumbai, India 2148 employees Private Equity Total: $21.00B Energy, Industrial +2

General Information

Company Name Waaree Group
Founded Year 1989
Location India Mumbai, India +2
Employees 2148
Industries Energy, Industrial, Manufacturing +1
Funding Stage Private Equity
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About Waaree Group

Waaree Group is India's largest solar module and cell manufacturer with a presence in over 20 countries. Founded in 1989, Waaree Energies Ltd. is a global leader in solar PV modules and solar energy solutions. With 8500+ employees worldwide and a 12 GW manufacturing facility, the company has delivered 6 GW of premium solar modules across 20 countries. Bloomberg New Energy Finance consecutively lists them in Tier 1 Module Manufacturers for 35 quarters. With 388+ franchisees in India, they offer a diverse range of solar solutions, including EPC services, solar products & utilities, energy storage, and more, making them the most bankable solar brand in India. The latest investment was an INR10.00B Venture Round investment at 02 August 2023 from ValueQuest Investment Advisiors. This investment demonstrates the confidence of ValueQuest Investment Advisiors in Waaree Group's potential for growth and innovation in the renewable energy sector. With their strong track record and global presence, Waaree Group is well-positioned to lead the transition towards sustainable energy solutions.

Taxonomy: solar energy, solar modules, PV modules, solar solutions, energy storage, EPC services, global leader, franchise network, bankable brand, renewable technology, clean energy, solar industry

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round •••••• 1
Investor
02 Aug 2023
Venture Round •••••• - 06 Oct 2022
Venture Round •••••• - 21 Dec 2017

Waaree Group Alternatives & Competitors

Waaree Group vs
Patanjali Renewable Energy Pvt Ltd.
Patanjali Renewable Energy Pvt Ltd. India

PREL is a manufacturer of Solar PV Modules, Solar Inverter, Solar Street Light Solar Water Pump, Sol...

157 employees
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Waaree Group vs
Saintley Sonne India Pvt Ltd
Saintley Sonne India Pvt Ltd India

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Waaree Group vs
Websol Energy System Limited
Websol Energy System Limited India

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FAQ About Waaree Group

Waaree is India's Largest Solar Module & Cell Manufacturer with a presence in over 20 countries.
Waaree Group was founded in 1989.
Waaree Group is headquartered in Mumbai, India.
Waaree Group operates in the following industries: Energy, Industrial, Manufacturing, Renewable Energy.
Waaree Group has approximately 2148 employees.
Waaree Group has completed 3 funding rounds, raising a total of $21.00B. The latest funding stage is Private Equity.
Top alternatives and competitors to Waaree Group include Patanjali Renewable Energy Pvt Ltd., Saintley Sonne India Pvt Ltd, Websol Energy System Limited, SoliTek, Australia Wide Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Waaree Group and Patanjali Renewable Energy Pvt Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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