The Solar Power Duo
Shreya Mishra and Neeraj Jain are driving India’s residential solar adoption through SolarSquare, blending consumer focus with clean energy innovation.
[L-R] Shreya Mishra (CEO) & Neeraj Jain (Director), Co-founders of SolarSquare
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For Shreya Mishra and Neeraj Jain, Co-founders of SolarSquare, business has always been a shared goal formed by personal experiences. The couple, both alumni of IIT Bombay, hoped to construct something significant soon after graduation. Before starting their own businesses in 2015, Neeraj worked in finance at Deutsche Bank and Shreya obtained consulting skills at Boston Consulting Group.
Mishra built a fashion tech startup, while Jain founded SolarSquare, driven by his belief that the global transition to renewable energy would define the century. “All economic and human progress hinges on access to energy, and solar is the cheapest and most abundant source,” he said. In 2019, Shreya exited her venture and joined SolarSquare the following year, bringing her consumer brand and operational expertise to the company.
They identified trust as the biggest barrier in India’s residential solar adoption. “Families want assurance that their investment will deliver promised savings and perform reliably over time,” Jain explained. The company focuses on standardised installations, performance monitoring, and maintenance to ensure reliability for homeowners adopting rooftop solar.
In the early days of 2020, when home solar adoption was still nascent, the couple worked with a small team to test their residential model. Mishra recalled, “It was just the two of us and a handful of key hires figuring things out.” Early investors later supported their vision.
Today, SolarSquare claims to operate in 20 cities and has powered about 40,000 homes. “These homes collectively save around INR 200 crore in electricity bills every year, while each solar-powered home reduces roughly 4,000 kg of CO₂ emissions annually,” Jain mentioned. The firm has raised over USD 50 million to date.
As a leader in a traditionally male-dominated sector, Shreya views rooftop solar as a consumer-facing shift. “Energy is now private and personal, more like a home upgrade,” Mishra said.
Looking ahead, Jain shared, “In 2026, we plan to expand into new cities while deepening our presence across our 20 existing markets. Our goal is to more than double the business for the third consecutive year.” The company also plans to invest in branding, technology, and talent, while expanding its experience centers to help families better understand rooftop solar adoption.
Reflecting on their journey, Mishra added, “Entrepreneurship is a self-belief sport. The most rewarding part is seeing the compounding impact of what you build over time.”
For Shreya Mishra and Neeraj Jain, Co-founders of SolarSquare, business has always been a shared goal formed by personal experiences. The couple, both alumni of IIT Bombay, hoped to construct something significant soon after graduation. Before starting their own businesses in 2015, Neeraj worked in finance at Deutsche Bank and Shreya obtained consulting skills at Boston Consulting Group.
Mishra built a fashion tech startup, while Jain founded SolarSquare, driven by his belief that the global transition to renewable energy would define the century. “All economic and human progress hinges on access to energy, and solar is the cheapest and most abundant source,” he said. In 2019, Shreya exited her venture and joined SolarSquare the following year, bringing her consumer brand and operational expertise to the company.
They identified trust as the biggest barrier in India’s residential solar adoption. “Families want assurance that their investment will deliver promised savings and perform reliably over time,” Jain explained. The company focuses on standardised installations, performance monitoring, and maintenance to ensure reliability for homeowners adopting rooftop solar.
