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Candi Solar Raises $58.5 Million in IFC-Led Funding Round

The funding will be used to deliver affordable solar solutions in India and South Africa

November 27, 2025

/ Parth Shukla
/ Finance and M&A, Solar
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Switzerland-headquartered solar solutions provider Candi Solar has secured $58.5 million in a funding round led by the global development institution, International Finance Corporation (IFC), to deliver clean, affordable solar solutions in India and South Africa.

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Parth Shukla

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