Karo Startup Logo
From College Startup to ₹111 Crore Turnover: The Inspiring Journey of Heaven SolarEnergy
Success Stories

From College Startup to ₹111 Crore Turnover: The Inspiring Journey of Heaven SolarEnergy

2 months ago
32 views

In 2017, three college friends from Surat — Keyur Rakholiya, Nirav Dhanani, and Akash Hirpara —decided to take a leap of faith. While most of their peers were focused on placements and secure career options, they were busy drafting incorporation papers for a company that barely anyone believed in:
Heaven Solar Energy

At that time, solar energy in India was a space dominated by established corporates and backed by heavy investment. For three students without funding, connections, or even a family business legacy, venturing into solar looked like an impossible gamble. People around them dismissed the idea outright: “Solar is for big players. How will three youngsters even survive?” But rather than breaking their spirit, these doubts
became the very fuel that drove them forward.

Weathering the Storm: The Covid Turning Point

The early years weren’t easy. With limited resources, every installation, every partnership, and every customer was a hard-fought win. Then came the pandemic. While many businesses slowed down, Heaven Solar decided to do the opposite. They doubled down on execution, sharpened their focus on EPC projects, design excellence, and distribution, and chose to keep building while the world was in pause mode.

That decision changed everything. Slowly but surely, their work began to get noticed. Their installations expanded, their reputation for reliability grew, and their partnerships started to solidify

Scaling Up: From Trust to Market Leadership

Today, Heaven Solar has crossed milestones that seemed unimaginable back in 2017:
Installed 10,000+ solar systems across Gujarat

Ranked among the Top 3 Solar EPC companies in the state

Became the exclusive distributor of Adani Solar modules
Expanded into manufacturing with their own Qbits inverters, LT/HT panels, ACDB, DCDB, and BOS components

Achieved a turnover of ₹100+ crore in FY 2024–25

Now setting sights on an IPO before 2030

This is not just a story of growth in numbers. It’s a story of grit, of resilience, and of building trust. Instead of

Chasing hype or glamour, the founders chose to focus on delivering quality and consistency — values that
resonate deeply with Bharat.

Lessons for Bharat’s Founders

Heaven Solar’s journey is proof that dreams born in small towns and college classrooms can fuel revolutions. With vision, persistence, and timing, even young and resource-limited founders can break into industries seen as off-limits to startups.

For aspiring entrepreneurs across India, their message is simple yet powerful: start now, build trust, and keep going — because one day your small beginning could light up not just homes, but an entire industry.

At KaroStartup, we celebrate journeys like these because they inspire thousands of dreamers across Bharat. From college benches to ₹111 crore boardrooms, Heaven Solar Energy stands as a shining example of what’s possible when ambition meets action.









Quick Share