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. The move highlights his growing focus on backing high-potential businesses that are shaping India’s clean energy transition. With this backing, the company now stands at a post-money valuation of ₹306 crore.
Though the investment size remains undisclosed, it comes at a crucial growth stage for Samvik Power, which is scaling its portfolio across on-grid, off-grid, and hybrid solar systems, 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.
Speaking on the investment, Jeet Mukesh Chandan, Group Managing Director of BizDateUp, said, “I believe Samvik Power represents exactly the kind of company that can lead India’s transition to clean, reliable energy—leveraging strong engineering, integrated solutions, and a scalable business model. I’m excited to partner with the team and support their mission to make solar energy more accessible, efficient, and impactful.”
The Founder & CEO of Samvik Power, Samprati Kamdar added, “We welcome BizdateUp’s investment and believe this support will accelerate our ability to deliver high-quality solar EPC projects across India. With this partnership, we will strengthen our capacity, broaden our reach, and continue to build on our commitment to seamless service and sustainable energy.”
The investment goes beyond funding, as Jeet is expected to play an advisory role—offering strategic insights to help Samvik Power enhance its supply chain, speed up installations, and explore R&D opportunities such as storage integration and higher-efficiency systems. These advancements will allow the company to serve a broader market while keeping costs competitive.
This partnership is also closely aligned with India’s renewable energy goals, which emphasise rooftop solar, rural electrification, and distributed solar adoption. As of August 2025, India’s cumulative solar power capacity had already reached 123.13 GW, with an ambitious target to add another 200 GW by 2030. The sector is witnessing a remarkable 36.5% CAGR, driven by government schemes like PM-KUSUM and PM Surya Ghar–Muft Bijli Yojana, and robust demand from both utility-scale and rooftop segments. Against this backdrop, Samvik Power is well-positioned to become a stronger player in both urban rooftop projects and rural off-grid markets.
Looking ahead, Samvik Power plans to expand its 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 a significant contributor to India’s clean energy ecosystem.