Akshat Khare (QuanE Energy)
Overview
Akshat Khare is a prominent Indian entrepreneur and a significant figure in the cleantech startup sector, known for his role as the founder of QuanE Energy. QuanE Energy is a cleantech startup focused on providing advanced solar and renewable energy solutions, particularly within the residential sector. Founded in 2024 in Noida, the company has rapidly gained attention for its initiatives aimed at democratizing access to clean energy using innovative technology-driven models. Khare's entrepreneurship journey spans more than 14 years, during which he has been an advocate for cleantech and climate change.
Recent Developments
In the past couple of years, there have been several notable developments related to Akshat Khare and QuanE Energy:
- 2025: QuanE Energy successfully raised $500,000 in a seed funding round led by Trillion Dollar Venture (TDV) Partners. This funding is part of Khare's efforts to expand the company's reach in the Indian renewable energy market, aiming to address the significant gap in the residential solar energy segment. The investment will fund the growth plans over the next 6–12 months. The goal is to democratize clean energy access, particularly in Indian metro areas.
- 2024: QuanE Energy was founded by Akshat Khare along with Ankush Vashisht. The company emerged as a transformative force in the field of solar and renewable energy solutions. Its approach focuses on removing barriers related to high upfront costs and service quality in solar energy adoption. QuanE Energy’s strategy includes the use of AI/IoT-driven planning, smart monitoring, and flexible financing models.
- QuanE Energy has already launched pilot projects in 13 societies across cities like Mumbai, Pune, and Delhi NCR, with promising results from cloud-based platforms and AI-driven diagnostics.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Akshat Khare |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur |
| Known For | Founder of QuanE Energy |
| Net Worth | Not publicly available |
| Education | B.Tech and M.Tech from IIT Bombay, MBA from IIM Ahmedabad |
Early Life and Education
Akshat Khare completed his B.Tech in Electrical Engineering and M.Tech in Microelectronics from the Indian Institute of Technology (IIT) Bombay, one of India's premier institutions. His academic journey continued at the Indian Institute of Management (IIM) Ahmedabad, where he earned an MBA (PGDM). Additionally, he cleared the International CFA, showcasing his prowess in financial management. Khare's education laid a strong foundation in both the technical and managerial aspects of the energy sector, influencing his entrepreneurial ventures and investment strategies.
Career and Notable Achievements
Akshat Khare’s professional journey is marked by significant milestones in the cleantech industry:
- Founder of Nessa Illumination Technologies: Founded in 2008, this electronics manufacturing company specializes in Solar and LED technologies and exports products to over 15 countries.
- Co-Founder of QuanE Energy: Established in 2024, focusing on solar energy solutions for residential applications in Indian metros.
- Investment and Advisory: As an angel investor, he has invested in multiple startups, particularly in the EdTech and Consumer sectors, highlighting his diverse interest areas.
- Board Memberships: Khare also contributes his expertise as a board member at Wiztrit, a company known for mobile-first novel summaries.
Current Work and Impact
Currently, Akshat Khare heads QuanE Energy, where his work is making significant strides in the renewable energy sector. His impact can be seen in the way QuanE Energy is pushing boundaries to make solar energy accessible and affordable for residential communities. By leveraging technology such as AI IoT, the company is ensuring efficient energy management and cost optimization. Khare's efforts are aligned with India's sustainability goals, and the company is positioned to significantly contribute to the growing renewable energy market projected to reach $60 billion by 2028.
Conclusion
Akshat Khare’s contributions to the cleantech industry are significant, particularly in the area of renewable energy deployment. Through his venture, QuanE Energy, he has not only targeted market gaps but also set a precedent for integrating technology with clean energy solutions. As the energy sector continues to evolve, Khare's work holds the potential to drive further innovations and set standards for sustainable energy practices. His ability to merge entrepreneurship with environmental advocacy makes Akshat Khare an influential figure in shaping a clean energy future for India and beyond.