India Quotient, an early stage investor, led a seed round in Solarad AI, a company focuses in in energy forecasting for solar plants and battery storage. Financial terms were not disclosed. “Across the globe, we are witnessing a dramatic transition to renewable energy sources as a key solution to combat climate change. However, managing and predicting the generation of renewable energy, especially from solar plants and battery storage, is a complex task fraught with challenges. This is where companies like Solarad.ai become crucial. They are at the forefront of innovative solutions, using deep-tech forecasting models to optimize energy generation and trading. They are a catalyst, accelerating India’s journey towards a more sustainable and efficient energy future. Their commitment to leveraging advanced technology for creating reliable and accurate forecasting models has been exceptional. This funding will propel them to new heights, and we are excited to support them in their mission to transform the energy sector,” Anand Lunia, India Quotient Founding Partner.