Solar Mango

What Solar Mango does

Solar Mango is a Chennai, India-based solar energy advisory firm established in 2013 as a dedicated division of Energy Alternatives India (EAI). The company provides professional consulting services across three core service lines: captive solar consulting for commercial and industrial (C&I) customers evaluating rooftop or behind-the-meter solar installations; EPC (engineering, procurement, and construction) selection advisory for solar developers and investors; and the India Solar Exchange, a marketplace platform for buying and selling large-scale solar plants exceeding 5 MW. The firm serves solar project developers, C&I consumers, EPC contractors, and investors active in India's solar asset market, with a cumulative track record of 100+ consulting projects, 20+ industry events organized, and 1,000+ stakeholder interactions over a 12+ year operating history.

The company operates a hybrid revenue model combining fee-based consulting engagements with transaction-related revenue from the India Solar Exchange marketplace. Its flagship thought-leadership initiative, "India @ 100 GW Solar," launched in February 2025, positions the firm within the narrative of India's solar transition. Leadership is concentrated among co-founders Narasimhan Santhanam (Co-founder & Director) and Manohar Namasivayam (Co-founder & Advisor), both of whom have operated in the Indian solar domain since EAI's founding in 2007. The company is privately held, bootstrapped with no disclosed external funding, and operates with a small team of 11-50 employees based in Chennai with apparent pan-India reach through events and digital channels.

No enterprise customer logos, proprietary technology platform beyond the exchange marketplace, or AI/ML capabilities are disclosed in the available data. The business model is service-intensive and relationship-driven, with limited recurring revenue mechanics, no disclosed pricing or unit economics, and no documented technology architecture beyond the marketplace listing functionality.

Name

Solar Mango

Legal name

Solar Mango

Website

https://solarmango.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Chennai-based solar energy advisory firm offering captive solar consulting, EPC selection advisory, and the India Solar Exchange marketplace for >5 MW solar plant transactions, serving C&I customers, developers, and investors across India since 2013.

Ownership category

akta.pro rank

Product category

Solar Energy Consulting

NAICS

Other Scientific and Technical Consulting Services (54169), Solar Electric Power Generation (221114)

SIC

Services-Management Consulting Services (8742), Electric Services (4911), Investment Advice (6282)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

Keywords

• Solar energy consulting
• Captive solar advisory
• Solar EPC selection
• Solar plant marketplace
• Renewable energy consulting

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Revenue model

1. Consulting Services: Expert consulting services for captive solar adoption, EPC selection, and general solar energy guidance. The company has been consulting for India's solar power sector since 2013 with extensive network pan-India.
2. India Solar Exchange: Assistance in buying and selling solar power plants, helping find buyers for solar power plants for sale or finding attractive buyers for existing plants. Assistance provided in professional, transparent and time-bound manner.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Solar Mango provides expert consulting and advisory services for solar energy adoption across all user segments in India—from Watts to Gigawatts, from off-grid to rooftop solar to large-scale solar farms. Its core offerings include captive solar consulting for organizations seeking to add solar to their energy mix, EPC (Engineering, Procurement, and Construction) contractor selection assistance, and the India Solar Exchange—a marketplace division that helps buyers and sellers of solar power plants (above 5 MW) find counterparties for transactions.

Product overview

Solar Mango is a solar energy consulting and guidance platform that positions itself as India's #1 guide for solar. The company operates as a platform with multiple service offerings: Captive Solar Consulting provides expert guidance on solar adoption for organizations; EPC Selection helps clients choose the right solar power plant installers; India Solar Exchange is a marketplace for buying and selling solar power plants (above 5 MW); and the India @100 GW Solar content series provides educational content about India's solar sector. The company was founded in 2013 as a division of Energy Alternatives India (EAI) and focuses on serving all user segments from small installations to utility-scale solar farms.

Differentiator

Problem solved

Functional benefit

Products and services

• Captive Solar Consulting Expert guidance on every segment within captive solar, helping organizations adopt solar power for their own energy consumption. Covers all user segments from Watts to Gigawatts, from off-grid to rooftop solar to large-scale solar farms.
• EPC Selection

Quantifiable outcome

• Over 100 consulting projects undertaken across entire solar energy spectrum
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Energy Alternatives India (EAI)coreStrategic or Co-development Partner · 1 January 2013Solar Mango was founded in 2013 as a division of Energy Alternatives India (EAI), described as perhaps the first Indian boutique business consulting firm focused completely on climate tech. Narasimhan Santhanam co-founded EAI and leads Solar Mango. The companies share expertise and team resources in the climate technology sector.

Scale indicators4 records

Recent moves4 records

Expansion highlights2 records

Emerging players

• Greenlight Planet / Sun King India: Solar energy distributor serving the distributed/residential solar market in India and emerging markets. Partially comparable to Solar Mango's downstream-facing segment of solar advisory, particularly in distributed solar decision-making, though focused on direct product sales rather than consulting.

Broad incumbents

• Ernst & Young (EY India): Big-4 firm with a renewable energy and sustainability advisory practice in India supporting corporate PPA advisory, ESG, and clean energy transactions. Comparable to Solar Mango on corporate solar advisory, but operating as part of a much larger professional services platform.
• BloombergNEF: Global clean energy research and advisory arm covering India's solar market with subscription research and bespoke advisory. Comparable to Solar Mango's market intelligence and investor advisory offerings for India solar, but with significantly broader scope across technologies and geographies.
• Baringa Partners: Independent management and technology consultancy with a strong global energy and renewables practice advising utilities, developers, and investors. Comparable to Solar Mango in serving solar/renewable clients with advisory work, but at larger scale and across multiple geographies.
• KPMG India: Big-4 firm with a dedicated climate and renewable energy advisory practice serving solar developers, corporate buyers, and investors in India. Comparable to Solar Mango's EPC and transaction advisory, but as a broader portfolio player with deeper institutional resources.
• Wood Mackenzie: Global energy research and consultancy with a substantial India solar advisory practice. Comparable as an established incumbent providing solar market intelligence, asset-level analytics, and strategy consulting to investors and developers — overlapping with Solar Mango's India-focused advisory, though at a much larger scale and global scope.

Direct peers

• Mercom India: India's leading solar/clean energy research and consulting firm with extensive industry reports, deal tracking, and investor advisory. Comparable to Solar Mango in targeting solar developers and investors with research-driven advisory and communications services in the Indian market.
• JMK Research & Analytics: Mumbai-based research and consulting firm specializing in Indian solar, wind, and energy storage markets, publishing quarterly sector reports. Closely comparable to Solar Mango as a specialized Indian solar advisory competitor serving developers and investors.
• Bridge to India: India-based clean energy market intelligence and advisory firm publishing widely-cited India Solar Maps and offering advisory to investors and developers. Directly comparable as a solar-focused Indian consulting/research firm serving developers, investors, and corporates — head-to-head with Solar Mango's captive and plant transaction advisory.

Others

• Energy Alternatives India (EAI): Solar Mango's parent entity and India's first boutique climate tech consulting firm, co-founded by Narasimhan Santhanam. Comparable as a related climate tech consulting platform that shares team and research resources with Solar Mango, serving adjacent renewable energy and clean-tech mandates beyond solar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/solarmango1
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/solarmango

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solar Mango