Solar startup QuantE Energy Tech has raised $500K (₹4.1 Cr) in a seed funding round led by Trillion Dollar Venture (TDV) Partners, with participation from marquee angel investors including Raghunandan G (Zolve, TaxiForSure), Amit Lakhotia (Park+), Ankit Gupta (Brookfields, ex-OYO), and Hari Krishnan Nair (Great Learning). The company has also secured an undisclosed amount in debt and related instruments.
The fresh capital will be directed towards democratizing access to clean, affordable, and smart energy for India’s residential sector, especially housing societies in metro cities.
QuantE Energy plans to expand deployments, strengthen its AI- and IoT-powered solutions, and scale innovative financing models that lower barriers to solar adoption.
Founded in 2024 by Akshat Khare and Ankush Vashisht, the Noida-based cleantech company is building solutions to address challenges such as high upfront costs, poor servicing, limited awareness, and inconsistent project quality.
QuantE Energy has already executed pilot projects across 13 housing societies in Mumbai, Pune, and Delhi NCR, leveraging its cloud-based platform and AI-driven diagnostics.
Its offerings include AI-powered energy profiling that reduces planning timelines from weeks to hours, IoT-enabled monitoring for predictive maintenance and real-time performance tracking, community solar and EV models for shared usage in housing complexes, and flexible financing structures to ease adoption.
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Highlighting sector potential, TDV Partners’ founder and general partner Ujwal Sutaria said, “The solar market is expected to grow from $25 Bn in 2023 to $60 Bn by 2028. QuantE Energy’s focus on democratizing clean energy access aligns perfectly with India’s sustainability goals.”
The fundraise comes at a pivotal time as India’s B2B solar market grows at 15–17% CAGR, while the B2B2C segment expands at 18–20% CAGR through 2028. With policies such as PM-KUSUM and rising corporate ESG commitments, QuantE Energy is positioning itself to capture a large share of India’s fragmented distributed solar market.
