Cleantech startup QuanE Energy raises $500,000 in funding; founder says, 'The solar industry has grown...'

QuantE Energy Tech, a Noida-based cleantech startup focused on distributed solar and renewable energy solutions in the residential sector, has raised $500,000  in a seed funding round led by Trillion Dollar Venture (TDV) Partners.

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The round also saw participation from marquee angel investorsf, including 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 of Great Learning). It has also raised an undisclosed amount in debt and related instruments.

The startup aims to use the raised capital to democratize access to clean, affordable, and smart energy for the residential sector, especially housing societies in Indian metros and beyond.

Founded by serial cleantech entrepreneurs Akshat Khare and Ankush Vashisht, QuantE Energy provides advanced solar and clean energy solutions to residential households and communities across India. The startup's offerings include turnkey Energy as a Service solutions for Solar/EV/ESS,  Tech-based O&M, flexible financing and IoT-powered energy analytics. 

“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," said Akshat Khare. 

"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, complex processes and make servicing absolutely seamless for residentials. Our goal is to make clean energy as accessible and reliable as any other essential service and bring transparency in the system."

QuantE claims to have 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 latest funding will support QuantE's growth plans over the next 6-12 months, including expanding digital onboarding and going deeper in the top metros itself, launching community solar pilots, and strengthening financing partnerships with banks, NBFCs, and CSR programs.

The startup will also focus on building its proprietary solar+AI hardware/software stack for enhanced monitoring and optimisation.

“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 democratising 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," said Ujwal Sutaria, Founder and General Partner at TDV Partners.