Chanakya Opportunities Fund Invests in Cosmic PV Power: A Strategic Move for Sustainable Future
As India intensifies its push towards renewable energy, the Chanakya Opportunities Fund I is proud to announce its strategic investment in Cosmic PV Power, an emerging leader in the solar panel manufacturing industry. This partnership marks a significant step in our commitment to fostering businesses that are at the forefront of India’s clean energy transformation.
Founded in 2020 by Jenish Kumar Ghael and Shravan Kumar Gupta, Cosmic PV Power has quickly gained recognition for its high-quality solar panels, including polycrystalline, monocrystalline, and Topcon variants.
With a robust manufacturing capacity of up to 580KWp, the company operates a state-of-the-art 600MW facility featuring advanced Mono-Perc and Topcon technologies. Their production caters to both OEM and ODM clients, in addition to offering solar panels under their own brand.
With the backing of the Chanakya Opportunities Fund, Cosmic PV Power is now poised to expand its operations from a megawatt to a gigawatt-scale manufacturing facility. Shravan Kumar Gupta, Director of Cosmic PV Power, remarked that this investment will accelerate our growth trajectory, helping us scale production and further contribute to India’s renewable energy goals.
The Chanakya Opportunities Fund, a SEBI-registered Category I fund, aims to invest in high-potential small and mid-sized enterprises (SMEs) that drive innovation and sustainability. Kresha Gupta, our founder and director, highlighted the alignment of this investment with our broader vision of supporting clean energy initiatives that is central to our investment philosophy, and Cosmic PV Power is an ideal partner in this mission.
This collaboration signals a new phase of growth for Cosmic PV Power and reinforces the critical role of private investment in scaling up India’s renewable energy infrastructure.