Former Indian Cricket Captain Mahendra Singh Dhoni has invested in residential rooftop solar company SolarSquare through his family office, Midas Deals, as part of the company's recently announced $53 million Series C funding round. He will also join the company as its brand ambassador. The partnership reflects his conviction in the long-term growth of India's residential rooftop solar market.
Dhoni's investment comes at a time when residential rooftop solar is emerging as one of India's fastest-growing consumer categories. Rising electricity costs and increasing consumer preference for clean energy are driving more homeowners to switch to rooftop solar as a long-term solution for managing household energy costs. As the category expands, homeowners are increasingly choosing residential solar companies that offer comprehensive solutions
Already serving over 50,000 homes across 29 cities, SolarSquare provides an end-to-end rooftop solar solution - from consultation and installation to financing, monitoring and long-term service - making it easier for homeowners to transition to clean energy.
For Dhoni, whose reputation has been built on trust, consistency and making long-term decisions, the investment represents a natural extension of his belief in backing businesses that create meaningful impact.
Commenting on the association, MS Dhoni said, “For me, this is much bigger than investing in a company. It's about investing in India's future. Energy security and clean energy are priorities that will define India's next decade, and residential solar has an important role to play. What gave me the confidence to come on board was the founders' commitment to building for the long term. That's why I am excited to join the SolarSquare mission as both an investor and brand ambassador.”
Welcoming Dhoni to the SolarSquare family, Shreya Mishra, Co-founder & CEO, SolarSquare, said, “We are honoured to welcome MS Dhoni as an investor and brand ambassador at SolarSquare. Over two decades, he has held the trust and expectations of a billion Indians and that is exactly the benchmark of trust we want to build with our customers. He is also someone who cares deeply about India and the climate, and genuinely believes in what we are building at SolarSquare.”
With fresh capital from its Series C round, SolarSquare plans to expand into 30–40 new cities, strengthen its technology platform, expand financing options, and invest further in customer experience and service infrastructure.
