Solar Ladder

Solar Ladder

Developer of digital platforms for solar project sales and system design

Founded

2021

Headquarters

Mumbai (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 8591569351

Solar Ladder is a full-stack supply chain and software platform for solar installation companies. The company’s mission is to help solar installers grow their business tenfold by providing a unified solution that spans sales, project management, procurement, and financing. Solar Ladder primarily serves the Indian market, targeting the rapidly expanding rooftop and distributed solar energy sector.

Core Products & Services

  • Solar Proposal & Design Software: Enables installers to create customized, professional proposals in minutes, streamlining sales and customer acquisition.

  • Project Management Tools: Comprehensive modules for managing sales, installation, operations, and maintenance workflows.

  • Procurement Platform: Aggregates procurement of modules, inverters, structures, and balance-of-system components at competitive prices.

  • Financing Solutions: Offers working capital loans for installers and rooftop solar loans for end customers through partnerships with NBFCs.

Unique Value Proposition

Solar Ladder stands out by offering an integrated digital operating system for solar installers, combining automation, procurement, and embedded finance. Its platform reduces the cash conversion cycle, increases project capacity, and provides transparency and efficiency for the highly fragmented solar supply chain. The company’s capital-efficient approach and focus on empowering small and medium EPCs make it a vital enabler in India’s solar growth story.

Business Model & Revenue Streams

Solar Ladder operates a full-stack platform for solar installers. It’s primary revenue sources are:

  • SaaS Subscriptions: Offers a free basic software suite for EPCs, with premium modules (advanced project management, analytics, integrations) available on a paid subscription basis as companies scale.

  • Procurement Margin: Buys solar components in bulk from manufacturers (India and China) and sells to EPC providers at a margin, leveraging economies of scale and supply chain efficiencies.

  • Financing Commissions: Facilitates working capital and rooftop loans through NBFC partners, earning commissions or referral fees on disbursed loans.

  • Marketplace Transactions: Plans to generate revenue from marketplace commissions as it expands its managed marketplace for procurement, credit, and insurance products.

Customer Segmentation

  • B2B: Solar EPC companies, installers, and SMEs operating in the rooftop and distributed solar sector.

  • B2C: End customers of installers (for rooftop loans and financing).

Growth Strategy

  • Market Expansion: Scaling across India’s fragmented installer base and targeting the vast rooftop solar opportunity.

  • Product Innovation: Continuously enhancing its SaaS platform, procurement tools, and financial products to address evolving installer needs.

  • Partnerships: Deepening collaborations with NBFCs, manufacturers, and large EPCs for better procurement and credit access.

  • Marketplace Development: Building a comprehensive ecosystem that integrates .

Conclusion

Solar Ladder is uniquely positioned as a technology-driven, capital-efficient platform powering India’s solar installation ecosystem. By solving core pain points in sales, procurement, and financing, it enables solar installers to scale rapidly and profitably. With a proven business model, strong early traction, and a clear vision to consolidate the solar supply chain, Solar Ladder is poised for significant impact and growth in India’s clean energy transition.

Key People

Abhishek Pillai

Farhan Ahmed

Manan Mehta

Key Metrics

Total Equity Funding

$1.3 Million

No. of Funding Rounds

1

Latest Funding Round

$1.3 Million, Seed

as of May 3, 2023

Post Money Valuation

$5.13 Million

as of February 23, 2024

Funding Multiple

N/A

as of N/A

Investors

Titan Capital

and 2 more

Employee Count

29

Similar Companies

Lumos

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
May 3, 2023Seed$1.3 Million$5.13 Million-- Axilor Ventures, Titan Capital, DeVC, Stride Ventures

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