Combining the best of its Swiss roots and extensive local presence, candi offers companies of all sizes the simplest, most efficient way to take advantage of solar power for their business.
Location: India
Employees: 51-200
Total raised: $82.5M
Founded date: 2017
Investors 2
| Date | Name | Website |
| - | GAIA Impac... | gaia-impac... |
| - | Belgian In... | bio-invest... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 15.12.2025 | - | $58.5M | IFC Ventur... |
| 05.08.2025 | - | $24M | Norfund |
Mentions in press and media 14
| Date | Title | Description |
| 17.12.2025 | Global Solar Push: Candi Solar Secures $58.5M from IFC | Candi Solar, a leader in distributed solar, has secured $58.5 million in debt funding from the International Finance Corporation (IFC). This landmark investment, adding to over $200 million raised, is set to propel Candi's growth, targeting... |
| 15.12.2025 | Candi Solar Secures USD 58.5 Million from International Finance Corporation (IFC) to Power Next Growth Phase | Mumbai, Maharashtra, India Candi Solar, a leading clean energy company specialising in distributed solar solutions for commercial and industrial (C&I) businesses, has secured USD 58.5 million in funding led by the International Finance ... |
| 03.12.2025 | Clean energy company Candi Solar raises $58.5 M from IFC | Candi Solar, a clean energy company specialising in distributed solar solutions for commercial and industrial (C&I) businesses, has secured $58.5 million in a debt funding round led by the International Finance Corporation (IFC), a memb... |
| 05.08.2025 | USD 24 million for Candi Solar | Based in Zurich, Candi Solar is a pioneering company specializing in highly customized, financially attractive and risk-free solar power solutions managed end-to-end, to enable its commercial and industrial clients in India and South Afric... |
| 07.03.2025 | Another year, another record by female-led startups | The latest edition of the Swiss Venture Capital Report showed that 2024 was another weak year for the Swiss startup-ecosystem. For the first time, both the invested capital and the number of funding rounds have decreased. However, there ar... |
| 11.06.2024 | Candi Solar Illuminates the Path to a Sustainable Future with $38 Million Funding Boost | In a world where the sun's rays hold the key to a brighter, cleaner future, Swiss clean energy company candi solar has emerged as a beacon of hope. With a recent infusion of $38 million in a Series C funding round led by Norfund, Kyuden Int... |
| 10.06.2024 | India: Candi Solar raises $38m to fund 200 MW solar projects and expand team | Candi Solar, a solar power solution provider for commercial and industrial clients, has raised $38 million in an equity funding round led by Norfund, Kyuden International, and STOA, the firm said in a statement. |
| 10.06.2024 | Swiss Firm Candi Solar Gets USD 38 Mn for Solar Growth and Strategic Hiring The fresh funding will support the financing of an additional 200 megawatts (MW) of business solar projects and facilitate s... | Swiss clean energy company candi solar has announced that it raised USD 38 million in a Series C funding round led by Norfund, Kyuden International, and STOA. Fabio Eucalipto, Co-founder and Director at candi solar, said, "Our innovati... |
| 10.06.2024 | Norfund, others invest $38 mn in green energy firm candi solar | Credit: Candi Solar A consortium led by the Norwegian development finance institution Norfund has led a $38-million investment into Swiss renewable energy company candi solar, which has a significant presence in India. The Series C funding ... |
| 10.06.2024 | Swiss energy startup candi solar secures $38M Series C funding led by Norfund | Swiss clean energy company candi solar has concluded its Series C funding round, securing $38 million in equity investment led by Norfund, Kyuden International, and STOA. The company has a portfolio of projects across India and South Africa... |
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