Waaree Raises ₹10 Billion to Expand Solar Manufacturing Capacity in India

The company will expand the current solar production line by an additional 6 GW

August 7, 2023

/ Finance and M&A, Manufacturing, Solar,

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India-based solar module maker Waaree Energies has raised ₹10 billion (~$120.8 million) in a second round of equity funding led by ValueQuest, a boutique portfolio management company, to help expand its existing manufacturing capacity by 6 GW.

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Gourav Mishra

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Waaree Raises ₹10 Billion to Expand Solar Manufacturing Capacity in India

Continue Reading with Premium Access

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