With the help of prominent angel investors like Raghunandan G, Park+ founder Amit Lakhotia, Ankit Gupta, and Hari Krishnan Nair, solar startup QuantE Energy has raised $500K in a seed funding round led by Trillion Dollar Venture (TDV) Partners, an early-stage VC.
Additionally, the Noida-based business has raised an undisclosed sum of money through debt and associated instruments.
According to a press release from QunatE, the money raised will be used to democratize access to smart, affordable, and clean energy for the residential sector, particularly for housing societies in Indian metro areas and beyond.
QuantE, which was co-founded in 2024 by Akshat Khare and Ankush Vashisht, uses cutting-edge financial models in conjunction with AI and IoT-powered solutions to solve the problems of upfront costs, subpar servicing, low awareness, and uneven project quality. The company’s platform targets India’s unexplored $25 billion distributed solar opportunity by fusing cutting-edge technology with creative financing strategies.
“The solar industry has grown rapidly in large urban projects, but there’s still a huge gap in serving the residential segment and societies. These customers face real barriers—high upfront costs and poor service and quality. We’re using technology to remove these barriers and make solar adoption easier,” said Akshat Khare, co-founder of QuantE Energy.
The startup claims to have successfully implemented pilot projects for 13 societies in Delhi NCR, Pune, and Mumbai, with encouraging initial results from its cloud-based platform and AI-driven diagnostics.
With the B2B2C segment growing at 18–20% CAGR through 2028 and the B2B2C solar market growing at 15–17% CAGR, the investment comes at a critical juncture. With the fragmented distributed solar market being driven by government policies such as PM-KUSUM and growing corporate ESG commitments, QuantE is well-positioned to gain a sizable portion of the market.
