Solar startup QuantE Energy raises $500K in Seed round

Solar startup QuantE Energy has raised $500K in a seed funding round led by Trillion Dollar Venture (TDV)  Partners, an early-stage VC alongside participation from marquee angel investors including Raghunandan G, Park+ founder  Amit Lakhotia, Ankit Gupta, and Hari Krishnan Nair.

The Noida-based company has also raised an undisclosed amount in debt and related instruments.

The proceeds will be utilized to democratize access to clean, affordable, and smart energy for the residential sector, especially housing societies in Indian metros and beyond, QunatE said in a press release.

Co-founded in 2024 by Akshat Khare and Ankush Vashisht, QuantE addresses the hassles of upfront costs, poor servicing, limited awareness and inconsistent project quality by deploying AI and IoT-powered solutions along with innovative financial models. The company's platform combines advanced technology with innovative financing models to target India's untapped $25 billion distributed solar opportunity.

 "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,” said Akshat Khare, co-founder of QuantE Energy.

The startup states that it has already deployed successful pilot projects for 13 societies across Mumbai, Pune and Delhi NCR with its cloud-based platform and AI-driven diagnostics showing promising early results.

The investment comes at a crucial time as India's B2B solar market grows at 15-17% CAGR and the B2B2C segment expands at 18-20% CAGR through 2028. With government policies like PM-KUSUM and increasing corporate ESG commitments driving adoption, QuantE is positioned to capture significant market share in the fragmented distributed solar segment