Former Indian cricket captain MS Dhoni joins SolarSquare as both an investor and brand ambassador following the company’s $53 million Series C funding round, reinforcing confidence in India’s rapidly growing residential rooftop solar market.
Mumbai, India – Residential rooftop solar company SolarSquare has announced that former Indian cricket captain Mahendra Singh (MS) Dhoni has invested in the company through his family office, Midas Deals, as part of its recently concluded $53 million Series C funding round. Alongside his investment, Dhoni will also serve as the company’s brand ambassador, supporting its mission to accelerate the adoption of clean energy across Indian households.
The strategic partnership highlights Dhoni’s belief in the long-term potential of India’s residential rooftop solar industry, which is witnessing significant growth as homeowners increasingly adopt sustainable energy solutions.
MS Dhoni Bets on India’s Clean Energy Future
Dhoni’s investment reflects growing confidence in India’s transition toward renewable energy and the expanding demand for residential rooftop solar systems.
With electricity costs steadily rising and awareness of environmental sustainability increasing, more homeowners are turning to rooftop solar as a cost-effective, long-term energy solution. As the market matures, consumers are increasingly seeking trusted solar providers capable of delivering complete, end-to-end services.
Commenting on his association with SolarSquare, MS Dhoni said:
"For me, this is much bigger than investing in a company. It's about investing in India's future. Energy security and clean energy are priorities that will define India's next decade, and residential solar has an important role to play. What gave me the confidence to come on board was the founders' commitment to building for the long term. That's why I am excited to join the SolarSquare mission as both an investor and brand ambassador."
SolarSquare Powers More Than 50,000 Homes Across India
Founded with the vision of simplifying rooftop solar adoption, SolarSquare has already installed residential solar systems in more than 50,000 homes across 29 cities in India.
The company offers a comprehensive rooftop solar solution that includes:
- Personalized consultation
- System design
- Professional installation
- Financing assistance
- Real-time monitoring
- Long-term maintenance and customer support
By providing an integrated experience, SolarSquare helps homeowners transition to clean energy with minimal complexity while reducing long-term electricity expenses.
Partnership Built on Trust and Long-Term Vision
SolarSquare believes Dhoni’s reputation for reliability, discipline, and long-term thinking aligns closely with the company’s commitment to building trust with homeowners across India.
Welcoming Dhoni to the company, Shreya Mishra, Co-founder and CEO of SolarSquare, said:
"We are honoured to welcome MS Dhoni as an investor and brand ambassador at SolarSquare. Over two decades, he has earned the trust of a billion Indians, and that is exactly the benchmark of trust we aspire to build with our customers. He is also deeply committed to India's future and climate sustainability, and genuinely believes in our mission."
The collaboration is expected to strengthen SolarSquare’s brand presence while encouraging greater awareness and adoption of residential solar energy across the country.
Series C Funding to Drive Nationwide Expansion
Following its successful $53 million Series C funding round, SolarSquare plans to significantly expand its operations and strengthen its technology-driven customer experience.
The company intends to use the fresh capital to:
- Expand into 30 to 40 additional cities
- Enhance its technology platform
- Increase financing options for homeowners
- Strengthen customer service infrastructure
- Improve overall installation and after-sales experience
These investments are aimed at making rooftop solar more accessible, affordable, and convenient for households across India.
Residential Rooftop Solar Market Continues to Grow
India’s residential rooftop solar sector is emerging as one of the country’s fastest-growing consumer markets.
Factors contributing to this growth include:
- Rising household electricity costs
- Increasing awareness of renewable energy
- Government support for clean energy initiatives
- Growing demand for energy independence
- Long-term savings through rooftop solar adoption
As more homeowners evaluate renewable energy solutions, companies offering complete installation, financing, and maintenance services are becoming the preferred choice.
SolarSquare Continues to Strengthen Its Position
Since its inception, SolarSquare has established itself as one of India’s leading residential rooftop solar companies by focusing exclusively on homeowners.
Its end-to-end approach simplifies every stage of the solar adoption journey, enabling customers to transition from conventional electricity to renewable energy with confidence.
The company’s continued expansion reflects increasing consumer demand for reliable clean-energy solutions and its commitment to making residential solar accessible across the country.
About SolarSquare
Founded in 2015 by Neeraj Jain, Shreya Mishra, and Nikhil Nahar, SolarSquare is a residential rooftop solar company providing end-to-end services including solar system design, installation, financing, monitoring, and long-term maintenance.
The company has installed rooftop solar systems in more than 50,000 homes across India and has earned industry recognition for its contribution to clean energy innovation. SolarSquare was featured in TIME Magazine’s World’s Best Greentech Companies 2025 list and Forbes Asia’s 100 to Watch 2025 list.