SolarSquare, a company focused on rooftop solar energy solutions, is currently in discussions to secure up to $60 million in funding. This new investment comes as interest in India's rooftop solar market is on the rise, attracting attention from major venture capital firms. If the financing goes through as expected next month, SolarSquare could reach a valuation of around $500 million.

The increasing demand for renewable energy sources in India has made rooftop solar installations more popular....