Digital Solar MarketPlace Raising Initial Funds In Mumbai

About Business

The venture is a proposed digital marketplace platform designed to transform the way solar power is bought and sold in India. Currently at the pre-launch stage, the platform aims to create a transparent, technology-driven ecosystem that connects renewable energy buyers and sellers through a real-time, bid-based exchange model.

The concept addresses key inefficiencies in India’s renewable energy market, particularly in open-access and group captive solar procurement. Existing power purchase agreement (PPA) processes are often fragmented, time-consuming, and dependent on offline intermediaries, leading to opaque pricing and delayed execution. The proposed platform seeks to eliminate these challenges by enabling anonymous buyer requirement posting and competitive seller bidding, ensuring fair price discovery and faster decision-making.

The platform will allow corporate and industrial buyers to post their solar energy requirements (in MW) anonymously, while verified solar developers and power producers bid competitively based on price, tenure, and capacity. A real-time system will automatically rank bids (L1, L2, L3), providing full transparency during the bidding process. Once bidding concludes, shortlisted parties can proceed toward PPA finalization with platform-assisted documentation and compliance support.

The business model is designed to generate revenue on a per-megawatt basis through a combination of transaction commissions, platform subscriptions, analytics and data services, and value-added legal and compliance support. At scale, the platform has the potential to facilitate a meaningful share of India’s growing open-access solar market, supported by the country’s target of achieving 500 GW of renewable energy capacity by 2030.

The proposed solution is technology-led, with plans to deploy secure cloud infrastructure, real-time bidding engines, analytics dashboards, and digital contract workflows. Future enhancements are expected to include advanced analytics, AI-driven pricing insights, and blockchain-enabled audit trails for improved transparency and trust.

The venture is currently in the planning and development phase, with a defined roadmap covering MVP development, pilot validation, and phased commercial launch. Initial focus will be on onboarding anchor buyers and developers through controlled pilots before scaling nationally. Regulatory alignment has been built into the platform design to comply with applicable electricity laws, renewable energy policies, data protection norms, and taxation requirements.

Clientele type

The target clients will include corporate and industrial power consumers, commercial establishments, and DISCOMs seeking open-access or group captive solar power. The platform will also cater to solar project developers, independent power producers, and renewable energy investors looking to sell power through a transparent, bid-based marketplace.

Premises

The owner is currently operating from home.

Asking Price Includes

The owner is willing to offer 30% to 35% stake in the business.

Asking Price

INR 3.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The owner is looking to raise funds to build the technology platform, execute pilot programs, and prepare for commercial launch.

More Details

The promoter brings relevant domain knowledge in renewable energy, power trading, and PPA structuring, and is focused on building a neutral, scalable infrastructure platform that can become a backbone for market-based solar energy transactions in India.