GREW Solar raises Rs 300 cr to fund growth plans

GREW Solar announced on Monday that it has raised Rs 300 crore from investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings, to fuel its growth initiatives. The company plans to allocate the funds towards product development, technol...

GREW Solar on Monday said it has secured Rs 300 crore from a clutch of investors to drive growth plans.

Amongst the investors are Vijay Kedia and Rohit Kothari (GeeCee Holdings), GREW Solar said in a statement.

"GREW Solar will utilise the funds towards developing new products, strengthening its technological infrastructure and driving expansions," it said.


The company is currently expanding its Dudu plant to 11 GW.
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