# Solar Ladder

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solar-ladder

- Industry: Environmental Services
- Headquarters: Mumbai, India
- Website: www.solarladder.com
- Total disclosed funding: $1.4M
- Latest round: Seed (May 3, 2023)
- Investors on record: 4

## About

Based in Maharashtra, India, and founded in 2021 by co-founders Manan Mehta, Abhishek Pillai, and Farhan Ahmed, Abhimanhan Energy Private Limited, doing business as Solar Ladder, offers a platform for lower procurement, short-term embedded credit, and insurance solutions to fulfil installers' working capital requirements and long-term financing options for solar installers' end customers. In May 2023, Solar Ladder raised INR 110 million in seed funding from Axilor Ventures, DeVC India, Stride Ventures, and Titan Capital.
 
 The company provides a portfolio of services that include SaaS, procurement, financing, and other value-added services. The Solar Ladder SaaS tool offers end-to-end sales-to-project management, operations, and maintenance resources to solar installation companies looking to grow their business. At the same time, its procurement layer assists with the acquisition of solar modules, inverters, structures, balance of systems, and other necessary materials. The financing layer provides short-term and long-term loans, with short-term loans accessible for credit on platform purchases and long-term financing available for end customers, allowing solar installers to increase their sales.

## Funding rounds

- Seed, May 3, 2023, $1.4M — Axilor Ventures, Stride Ventures, Titan Capital, Mirae Asset Capital (China)

## Investors

- Axilor Ventures (https://capitalatlas.ai/funds/axilor-ventures) — Seed
- Stride Ventures — Seed
- Titan Capital — Seed
- Mirae Asset Capital (China) (https://capitalatlas.ai/funds/mirae-asset-capital-china) — Seed