SafEarth raises INR 3.5 crore for its C&I solar online platform


SafEarth, an online solutions provider for commercial and industrial solar, has secured INR 3.5 crore ($426,942) in a funding round led by Anthill Ventures, Third Derivative, and Mumbai Angels. 

“This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial belts across the country,” stated the company.

SafEarth’s online platform uses data-driven insights to map out an industry’s electricity consumption and design the perfect solar plant to optimize its energy usage. SafEarth then implements these projects through a network of pre-screened execution partners. 

SafEarth claims its clean energy procurement process for industries reduces time by 50%, cost by 10%, and errors to zero, resulting in over 20% increased project returns.

The company’s project automation tool SolarFlow helps EPC companies to automate, digitize, and standardise their solar plant installation process. It brings all stakeholders of the project, including the EPC team, manufacturers, sub-contractors, and the customer, on one common platform. This ensures that everyone is updated about what is happening on the project and communications gets simplified. 

SafEarth has completed over a hundred industrial solar projects and deployed 171 MW. 

With its integrated platform for solar projects covering engineering, procurement, execution, and financing support, SafEarth claims to have secured 6.67% in the C&I rooftop solar space and 5% in India’s overall distributed solar market. SafEarth’s mid-term goal is to facilitate the reduction of one million tonnes of annual carbon emissions through over 1 GW of solar projects in the next two years. 


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