QuantE Energy Tech Private Limited, a cleantech startup providing residential sector-distributed solar and renewable energy solutions, has received seed investment of $500K with Trillion Dollar Venture (TDV) Partners an early-stage VC, as well as marquee angel investors, such as, Raghunandan G, founder of Zolve and TaxiForSure; Amit Lakhotia, founder of Park+; Ankit Gupta, president of Brookfields and ex-CEO OYO; and Hari Krishnan Nair, co-founder Great. It also has increased unspecified amounts of debt and associated instruments.
The investment will support the mission to democratize access to clean, affordable, and smart energy to the residential sector, particularly in housing societies in Indian metros and other places.
This funding comes as India prepares its ambitious renewable energy goals of 500 GW by 2030, and distributed solar will be a vital part of the Indian energy transition. However, a majority of the residential rooftop potential in India is yet to be exploited, with residential buildings and individual houses struggling with initial investment burdens, low maintenance, lack of awareness, and unreliable project finish.
QuantE is responding to this by implementing AI and IoT-based solutions and novel financial frameworks that simplify, cost-effectively, and quickly scale up the adoption of clean energy. The company was started in 2024 by experienced businessmen Akshat Khare and Ankush Vashisht and is based on a platform that combines cutting-edge technology with innovative financing structures to capture the untapped distributed solar market in India, valued at 25 billion.
“This investment accelerates our mission to bring clean energy to markets that have been largely overlooked,” said Akshat Khare, co-founder of QuantE Energy Tech. “The solar industry has grown rapidly in large urban projects, but there’s still a huge gap in serving the residential segment and societies. These customers face real barriers—high upfront costs and poor service and quality. We’re using technology to remove these barriers and make solar adoption easier—through AI/IoT-driven planning, smart monitoring, and flexible financing models that eliminate upfront costs and complex processes and make servicing absolutely seamless for residents. Our goal is to make clean energy as accessible and reliable as any other essential service and bring transparency to the system.”
In the case of residential societies and households
- AI-enabled analysis and energy profiling—save weeks to hours of planning and downtime.
- New financing models—easier adoption.
- Smart monitoring based on IoT IoT-based performance monitoring and predictive maintenance.
- Community Solar/EV/ESS models—Apartment and gated community shared energy.
- Digital onboarding and quick deployment—making complex processes simpler so that they can be implemented quicker.
Commenting on the announcement, Ujwal Sutaria, Founder and General Partner at TDV Partners, said, “The solar market is expected to reach $60 billion by 2028, from $25 billion in 2023, highlighting the massive opportunity in this sector. QuantE’s focus on democratizing clean energy access aligns perfectly with India’s sustainability goals while addressing a genuine market need. The team’s deep understanding of distributed energy markets and their tech-first approach positions them well to capture this significant opportunity.”
QuantE has already implemented successful pilot programs in 13 societies in Mumbai, Pune, and Delhi NCR using its cloud-based service, and its AI-based diagnostics are already delivering promising early results.
The seed funding will enable the ambitious growth strategies of QuantE over the next 6-12 months, such as the expansion of digital onboarding and the expansion of the top metros themselves, the launch of community solar pilots, and the reinforcement of financing relationships with banks, NBFCs, and CSR programs. The company will also aim at the development of its own proprietary solar + AI hardware/software stack to achieve better monitoring and optimization.
The investment is timely given the fact that the B2B solar market in India is expanding at 15-17% CAGR and the B2B2C market at 18-20% CAGR through 2028. As the government approaches adoption with policies such as PM-KUSUM and rising corporate ESG obligations, QuantE will gain a substantial market share in the already fragmented distributed solar market.
Whereas legacy players are more focused on large-scale developments, QuantE specifically targets residential societies in India, which is a huge untapped market. The founders possess a thorough knowledge of both energy technology and digital platforms and financial innovation, which allows them to take a completely tech-first look at market challenges.
