Soleos Solar Energy secures Rs 485 million renewable energy funding

Soleos Solar Energy has raised Rs 485 million to improve its portfolio development and working capital in the renewable energy sector.The investors in this funding round included KP Group, InCred Capital, India Ahead Venture Fund; and other high-net-worth investment ventures. The company has Rs 4.5 billion worth of orders in hand for setting up approximately 140 MW projects.