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“ZunRoof Secures ₹20 Crore Funding for Rooftop Solar Solutions Expansion”

19 December, 20242 min read

ZunRoof, a promising rooftop solar solutions startup, has made headlines with a significant milestone in its growth journey. The company recently raised ₹20 crore in a funding round led by Godrej Family Office and ANBG Enterprises LLP, showcasing strong investor confidence in its potential. The round also saw participation from angel investor Ravindernath Chadha, further strengthening its financial foundation.

Zunroof Growth

According to the company’s regulatory filings with the Registrar of Companies, ZunRoof’s board approved the issuance of 75,960 equity shares at a premium price of ₹2,638 per share. This strategic move reflects the company's commitment to expanding its operations and driving innovation in the renewable energy sector.

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Founded in 2016, ZunRoof has rapidly emerged as a key player in India’s renewable energy ecosystem. The startup specializes in providing cutting-edge rooftop solar solutions, catering to the growing demand for sustainable and cost-effective energy alternatives. With its user-friendly solutions and technology-driven approach, ZunRoof has established a strong presence in the market, empowering households and businesses to embrace solar energy.

Zunroof Funding Round

The fresh funding will enable ZunRoof to scale its operations, enhance its product offerings, and strengthen its market presence. As India moves towards achieving its renewable energy targets, startups like ZunRoof are playing a pivotal role in transforming the energy landscape and promoting environmental sustainability.

This latest development underscores the growing investor interest in green energy startups and highlights ZunRoof’s potential to make a lasting impact in the industry. Zunroof was started in 2016 by IIT Kharagpur alumni Pranesh Chaudhary and Sushant Sachan.

Author Opinion 

Zunroof was started in 2016 by Pranesh Chaudhary and Sushant Sachan. The company has raised Rs 20 crore in one of its funding rounds. Angel investor Ravindernath Chadha has also participated in this funding round and this is a big news for the company and for rooftop solar solution company also. 


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