Series B Round

In January 2025, Gensol Engineering raised $50 million in a Series B funding round led by Dhoni's family office. This funding is aimed at expanding their solar energy solutions and enhancing their Engineering, Procurement, and Construction (EPC) services globally. The company has been at the forefront of solar energy consultancy since its inception in 2012, transitioning from a carbon credit advisory firm to a comprehensive provider of solar energy solutions. Gensol Engineering is recognized for its innovative approaches in the renewable energy sector, focusing on sustainability and efficiency in solar project execution. The company operates in various regions including India and the Middle East, and is committed to driving the adoption of renewable energy technologies. The funding will also support Gensol's efforts to scale its operations and invest in new technologies to improve solar energy efficiency. Additionally, Gensol has previously secured $24 million in pre-Series B funding, indicating a strong trajectory of growth and investor confidence. Recent news has highlighted challenges faced by Gensol, including a financial scandal that has raised concerns about investor sentiment.