Series B Round

Gensol Engineering has successfully raised $420 million in its Series B funding round, aimed at expanding its solar energy solutions and enhancing its Engineering, Procurement, and Construction (EPC) services globally. This funding will support the company's growth initiatives and further its mission to deliver sustainable energy solutions. The investment is expected to accelerate Gensol's ability to deliver innovative solar projects and contribute to the global transition towards renewable energy. The funding comes at a critical time as the demand for renewable energy solutions continues to rise worldwide. The round was led by Dhoni's family office, reflecting a growing interest in sustainable energy investments. This funding round follows a previous pre-Series B round where Gensol secured $24 million, indicating strong investor confidence in the company's vision and market potential. The company plans to utilize the funds for research and development, scaling operations, and expanding its market presence in key regions.