GREW Solar raised ₹1,050 crore led by Bay Capital Investment Limited under CEO Vinay Thadani, with earlier backing from Vijay Kedia and Rohit Kothari. The funding supports Chiripal Group’s plan to build 8 GW cell capacity by 2026. The expansion will strengthen India’s solar manufacturing footprint in Rajasthan and Madhya Pradesh and boost global renewable supply ambitions.