ZunRoof
| ISIN | 🆔 |
|---|---|
| Industry | Renewables & Environment |
| Founded 📆 | 2016 |
| Founder 👔 |
|
| Headquarters 🏙️ | Gurgaon |
Area served 🗺️ | North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America, Middle East and Africa. |
| Products 📟 | In-built Sunroof, Spoiler/Tilt and Slide Sunroof, Top-Mount Sunroof, Panoramic Sunroof, Solar Sunroof |
| Revenue🤑 |  US$17M (per year) [1] |
| Members | |
Number of employees | 87 [2] |
| 🌐 Website | https://www.zunroof.com/ |
| 📇 Address | |
| 📞 telephone | |
ZunRoof is a home-tech company that specializes in solar rooftop systems. The company is founded by Pranesh Chaudhary and Sushant Sachan in 2016.[3] Headquartered in Gurgaon, the company offers residential solar panel rooftop installation and management services. [4][5][6]
History[edit]
The founders of ZunRoof, Pranesh and Sushant were friends from their IIT, Kharagpur days. After finishing their engineering, the duo moved onto pursuing corporate careers. Pranesh was managing a consulting engagement for one of the largest banks in the world while Sushant headed technical innovation and product strategy at a Khosla Ventures-backed solar firm. Pranesh recalls, ''I called Sushant last year from London one day and told him I got promotion and hike in salary and he joked about how quickly we have all become comfortable with our salaries, lifestyles and how it would have been fun to rather build something from scratch.''
That conversation sparked in the duo an obsessive need to quickly pick out a sector to start up in. “We considered about a dozen ideas across verticals, including hyperlocal, app for socialising and several Uber for X models. Ultimately, we identified the potential of rooftop-installed PV panels to change the power landscape of India with the falling prices of PV panels [in 2015, prices came down to a fourth of what they were in 2012],” says Sushant.
Funding[edit]
ZunRoof raised $70 thousand in pre-seed funding in 2016. Later in 2018, the company raised $0.5 Million in Angel Investing round.[7] In 2019, Godrej Family Office led the Series A funding providing $1.2 Million.[8] The funding later continued in 2020 by Godrej providing $3 Million.[3][9]
Awards and recognition[edit]
- ZunRoof Won IPGCL Solar Tender 2019 – Became Lowest Priced Residential Solar Rooftop Company In Delhi.[10]
References[edit]
- ↑ [1]
- ↑ [2]
- ↑ 3.0 3.1 "Godrej Family Office invests in solar roof-focussed ZunRoof in Series A funding". VCCircle. 2020-03-16. Retrieved 2020-03-21.
- ↑ "This startup's solar power solutions is making Indian homes green and future-ready". Moneycontrol. Retrieved 2020-03-21.
- ↑ "Startup Street: This Startup Says It Can Nearly Wipe Out Your Electricity Bill". BloombergQuint. Retrieved 2020-03-21.
- ↑ www.ETEnergyworld.com. "We will achieve Rs 100 cr annual revenue this financial year: Pranesh Chaudhary, founder, ZunRoof - ET EnergyWorld". ETEnergyworld.com. Retrieved 2020-03-21.
- ↑ Parikh, Anjana (2020-03-20). "Rooftop Solar Startup ZunRoof Receives $3 Million in Series A". Mercom India. Retrieved 2020-03-21.
- ↑ "Godrej Invests $1.2 Mn In Solar-Focussed Home Tech Startup ZunRoof". Inc42 Media. 2019-04-30. Retrieved 2020-03-21.
- ↑ "Solar Tech Startup Zunroof Raises $3 Mn in Second Round of Funding from Godrej - Saur Energy International". www.saurenergy.com. Retrieved 2020-03-21.
- ↑ "Zunroof Tech Wins IPGCL Solar Tender 2019 – Becomes Lowest Priced Solar Company In Delhi". Retrieved 2020-03-21.
This article "ZunRoof" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:ZunRoof. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
