Cosmic PV Power, an Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) in solar panel manufacturing, has secured a significant lead investment from Chanakya Opportunities Fund I, led by CA Kresha Gupta.
Cosmic PV Power provides its OEM and ODM services to various clients while also selling solar panels under its own brand.
Founded by Jenish Kumar Ghael & Shravan Kumar Gupta in 2020, Cosmic PV Power Private Limited’s solar vertical produces polycrystalline and monocrystalline and Topcon solar panel with capacity up to 580KWp. Equipped with Mono-Perc and Topcon technology, Cosmic PV Power operates a manufacturing facility with a capacity of 600MW, positioning it as a key player in India’s renewable energy sector.
“We are excited to have Chanakya Opportunities Fund as an investor, supporting our mission to expand our manufacturing capacity from Megawatt to a Gigawatt Factory. This investment reinforces our commitment to driving India’s clean energy transition and sustainable growth as we continue to innovate and expand Cosmic PV Power’s footprint in the solar industry,” said Shravan Kumar Gupta, Director, Cosmic PV Power Private Limited.
Chanakya Opportunities Fund is India’s first SEBI-registered CAT II fund focused on the SME Exchange and Microcap Segment. The fund is being managed by StepTrade Share Services.
Speaking on the investment Kresha Gupta, Founder and Fund Manager, Chanakya Opportunities Fund said, “Our investment in Cosmic PV Power is the testament of our vision to support clean and green India.”
