MS Dhoni invests in SolarSquare as part of $53 Mn Series C round

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Residential rooftop solar startup SolarSquare has announced that former Indian cricket captain MS Dhoni has invested in the company through his family office, Midas Deals, as part of its recently announced $53 million Series C funding round.
Dhoni will also join the startup as its brand ambassador.
The company plans to use the fresh capital to expand its presence and accelerate the adoption of residential rooftop solar across India.
Founded by Shreya Mishra and Nikhil Nahar, SolarSquare provides end to end rooftop solar solutions, including consultation, installation, financing, monitoring and after sales support. The company says it has installed rooftop solar systems in more than 50,000 homes across 29 cities.
Following the Series C round, SolarSquare plans to expand into 30 to 40 new cities, strengthen its technology platform, widen financing options and invest in customer service infrastructure.
Earlier this month, SolarSquare raised $53 million in a Series C funding round led by Lightspeed, with participation from Lowercarbon Capital, NGP Capital, Elevation Capital and existing investors.

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