Gujarat-based solar modules maker Goldi Solar has raised ₹ 1,422 crore in a funding round led by consumer electronics major Havells India with participation from Zerodha co-founder Nikhil Kamath and others.

The funding announcement comes ahead of its planned Intial Public Offerng (IPO) in 2026.

Havells reportedly led the round with ₹ 600 crore while Kamath invested around ₹ 140 crore, PTI reported citing market sources.

The "landmark growth capital" will be used to fund future growth and plans to expand manufacturing capacity and fuel its go-to-market strategy. Goldi Solar will also focus on innovation in high-efficiency solar technologies with the fresh funding.

The round also saw participation from high-net-worth individuals (HNIs), and institutional and strategic investors suc

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