Angel investor Jeet Mukesh Chandan has invested in Samvik Power, a fully integrated EPC (Engineering, Procurement, and Commissioning) and IPP (Independent Power Producer) solar solutions provider. This move highlights his focus on backing high-potential businesses driving India’s clean energy transition. With this investment, Samvik Power now has a post-money valuation of ₹306 crore.
Investment Arrives at a Pivotal Growth Stage
Although the exact investment amount remains undisclosed, it comes at a crucial growth stage for Samvik Power. The company is expanding its portfolio across on-grid, off-grid, and hybrid solar systems, including rooftop installations, solar thermal projects, and solar-powered water pumps. By combining world-class engineering with end-to-end project execution, Samvik Power has positioned itself as a reliable partner in India’s clean energy mission.
Moreover, this expansion allows the company to address the growing demand for sustainable energy solutions across both urban and rural markets.
Investor Insights: Driving India’s Solar Transition
Jeet Mukesh Chandan, Group Managing Director of BizDateUp, emphasized:
“Samvik Power represents exactly the kind of company that can lead India’s transition to clean, reliable energy. By leveraging strong engineering, integrated solutions, and a scalable business model, I am excited to partner with the team to make solar energy more accessible, efficient, and impactful.”
His involvement also signals strategic guidance beyond funding, as he is expected to help Samvik Power optimize its supply chain, accelerate installations, and explore R&D innovations like storage integration and higher-efficiency solar systems.
Company Perspective: Accelerating Growth and Reach
Samprati Kamdar, Founder & CEO of Samvik Power, said:
“We welcome BizDateUp’s investment and believe this support will accelerate our ability to deliver high-quality solar EPC projects across India. This partnership will strengthen our capacity, broaden our reach, and reinforce our commitment to seamless service and sustainable energy.”
As a result, the company is well-positioned to scale operations while maintaining competitive costs and high-quality execution.
Strategic Role in India’s Renewable Energy Goals
This investment aligns with India’s renewable energy objectives, which focus on rooftop solar, rural electrification, and distributed solar adoption. As of August 2025, India’s cumulative solar capacity reached 123.13 GW, and the country aims to achieve an additional 200 GW by 2030.
Additionally, the sector is growing at a 36.5% CAGR, driven by government programs like PM-KUSUM and PM Surya Ghar–Muft Bijli Yojana, alongside increasing demand from utility-scale and rooftop solar markets.
Looking Ahead: Scaling Solar Solutions Across India
Looking forward, Samvik Power plans to expand installed capacity, scale hybrid and off-grid solutions, and participate more actively in government tenders and subsidy-linked programs. With Jeet Mukesh Chandan’s backing, the company is set to strengthen its position as a trusted solar EPC provider and emerge as a significant contributor to India’s clean energy ecosystem.
Moreover, the partnership is expected to accelerate innovation, improve operational efficiency, and enhance accessibility to solar energy solutions across the country.