Loom Solar Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
300
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$2M
- Investors
-
8
Loom Solar General Information
Description
Manufacturer of monocrystalline solar panels and lithium batteries intended to provide solar power generating systems in multiple districts across India. The company develops solar panels, batteries, inverters used in solar power generation, solar charger controllers, and more and operates an online platform offering a wide range of solar products with free shipping, quicker deliveries, and easy EMI options on the products, enabling customers to generate their electricity using sunlight to create a green planet.
Contact Information
Website
www.loomsolar.comCorporate Office
- Plot Number-14/6 Mathura Road
- Sector 27B
- Faridabad, Haryana 121003
- India
Corporate Office
- Plot Number-14/6 Mathura Road
- Sector 27B
- Faridabad, Haryana 121003
- India
Loom Solar Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC | 17-Jan-2023 | $2M | Completed | Generating Revenue | ||
| 2. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Loom Solar Comparisons
Industry
Financing
Details
Loom Solar Competitors (5)
One of Loom Solar’s 5 competitors is Amorton, a Private Equity-Backed company based in Kitakata, Japan.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Amorton | Private Equity-Backed | Kitakata, Japan | ||||
| Luminous Power Technologies | Formerly PE-Backed | Gurgaon, India | ||||
| PVO International | Corporate Backed or Acquired | Rosmalen, Netherlands | ||||
| Silartek | Accelerator/Incubator Backed | Worcester, MA | ||||
| Kenbrook Solar Pvt | Corporation | Gurgaon, India |
Loom Solar Signals
Loom Solar Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| British International Investment | Impact Investing | Minority | ||
| FMO Entrepreneurial Development Bank | Impact Investing | Minority | ||
| IFC(American TV channel) | Corporation | Minority | ||
| Mercia Asset Management | PE/Buyout | Minority | ||
| Social Investment Managers and Advisors | Lender/Debt Provider | Minority |
Loom Solar FAQs
-
When was Loom Solar founded?
Loom Solar was founded in 2018.
-
Where is Loom Solar headquartered?
Loom Solar is headquartered in Faridabad, India.
-
What is the size of Loom Solar?
Loom Solar has 300 total employees.
-
What industry is Loom Solar in?
Loom Solar’s primary industry is Alternative Energy Equipment.
-
Is Loom Solar a private or public company?
Loom Solar is a Private company.
-
What is Loom Solar’s current revenue?
The current revenue for Loom Solar is .
-
How much funding has Loom Solar raised over time?
Loom Solar has raised $2M.
-
Who are Loom Solar’s investors?
British International Investment, FMO Entrepreneurial Development Bank, IFC(American TV channel), Mercia Asset Management, and Social Investment Managers and Advisors are 5 of 8 investors who have invested in Loom Solar.
-
Who are Loom Solar’s competitors?
Amorton, Luminous Power Technologies, PVO International, Silartek, and Kenbrook Solar Pvt are competitors of Loom Solar.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process