Sunday, December 22

Tag: solar startups in India

ZunRoof Secures Rs 1.66 Crore From Group of Angel Investors
FUNDING

ZunRoof Secures Rs 1.66 Crore From Group of Angel Investors

Solar installation startup ZunRoof has received a huge funding boost after the startup successfully raised Rs 1.66 crore in its second angle funding round. The round was participation from i3N, Paipal Ventures’ Ajith Pai, Gaurav Gupta, Dalbergr and group of IIT Kharagpur alumni. Prior to this startup, the Gurugram headquartered startup had raised undisclosed amount from unidentified executives working in Facebook, Morgan Stanley and FICO.    ZunRoof will use newly raised funds to increase capabilities in IoT and monitoring segments. Besides, the startup is also aiming to increase its sales run rate by three-fold by end of the next year. Currently, the company’ sales run rate lingers around $6 million. Founded in mid-2016, ZunRoof is a brainchild of Pranesh Chaudhary and Sushant S...