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GREW Solar raises ₹1,050 crore led by Bay Capital to expand solar cell capacity to 8 GW.

PRIVATEFeb 13, 2026

Amount Raised

₹10.5 Billion

Round Type

Funding Round

AhmedabadManufacturingEnergyRenewable EnergySolar

Investors

Bay Capital Investment Limited

Description

GREW Solar has raised ₹1,050 crore in a funding round led by Bay Capital Investment Limited, with participation from additional investors. The funds will support strategic expansion plans and enhance solar cell manufacturing capacity from 3 GW to 8 GW. This will reinforce GREW Solar’s position in India’s renewable energy sector. The company is committed to building a competitive solar manufacturing ecosystem in India.

Quick answer

Grew Energy Private Limited raised ₹10.5 Billion in a Funding Round round, dated February 13, 2026. Investors: Bay Capital Investment Limited. Grew Energy Private Limited is based in Ahmedabad, Gujarat, India.

How much did Grew Energy Private Limited raise?
Grew Energy Private Limited raised ₹10.5 Billion in a Funding Round round on February 13, 2026.
Who invested in Grew Energy Private Limited?
Bay Capital Investment Limited is named as investors in this round.
What does Grew Energy Private Limited do?
Grew Energy is one of the country’s fastest-growing solar PV manufacturers.
Where is Grew Energy Private Limited based and how big is it?
Grew Energy Private Limited is based in Ahmedabad, Gujarat, India.
Who are the decision-makers at Grew Energy Private Limited?
Fundz holds 1 contact at Grew Energy Private Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Grew Energy Private Limited that raised within 45 days of this round, from Fundz verified event records.

  • TOYO Ltd raised $4.3M (Seed) on February 17, 2026.
  • e-TRNL Energy raised $3M (Seed) on February 13, 2026.
  • GlassPoint raised $20M on January 26, 2026.
  • Ascent Solar Technologies raised $10M on January 23, 2026.
  • Amprius Technologies raised $98M (Post-IPO Equity) on January 12, 2026.
  • Energy Vault raised $15M (Convertible Note) on January 2, 2026.

Who to call at Grew Energy Private Limited, and when

A new round usually means Grew Energy Private Limited is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Grew Energy Private Limited raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Grew Energy Private Limited, from your own LinkedIn network

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Company Information

Company

Grew Energy Private Limited

Location

Ahmedabad, Gujarat, India

About

Grew Energy is one of the country’s fastest-growing solar PV manufacturers. The company is currently working on large solar manufacturing projects in Rajasthan and Madhya Pradesh. Grew Energy focuses on sustainable energy solutions and is committed to innovation in the renewable sector.

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Grew Energy Private Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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