Goldi Solar raises Rs 14.22 billion in growth capital led by Havells India

Reportedly, Goldi Solar has secured Rs 14.22 billion in growth capital to expand its solar manufacturing operations in a funding round led by Havells India Limited and supported by a consortium of institutional and strategic investors. Other participants include Ambit Global Private Client, Nikhil Kamath, Shahi Exports Private Limited, SRF Transnational Holdings Limited and several private investment entities. The investment will support backward integration into solar cell production, expansion of high-efficiency solar module capacity, and go-to-market initiatives. SBI Capital Markets Limited acted as advisor, with Saraf and Partners as legal counsel.