Simpa Networks
Simpa Networks
Making clean energy affordable and accessible
Energy | India | Access to Energy | Energy and Fuel Efficiency
Profile Provided By: Company Website
Overview
Simpa sells solar power systems on financing to households and shops in rural India.Customers make a small initial payment to have the solar PV system installed then it s simply pay as you go for the electricity. Simpa mimics the compelling pricing model of pre paid mobile phones. But there s an important twist These small payments for energy service also add up towards the total purchase price and once fully paid the customer owns the system enjoying clean reliable electricity for free.
Industry |
Legal Structure |
Operating Status |
Employees |
Energy | C Corporation | Operating | 201 - 500 employees |
Funding and Financing Rounds
Dec 16, 2014 / $4M / Seed / Other / Debt
Jul 1, 2012 / Seed / Other
Jan 1, 2012 / Other
Jul 1, 2011 / Seed / Other
Jan 1, 2011 / Other / Other
Undisclosed
Team
Impact
Geographies:
Social Objectives:
Environmental Objectives:
Operational Impact:
- Environmental Policies and Performance
- Social Policies and Performance
Impact Reports & Metrics
Offices
HQ
Fourth Floor, B-2, Sector 4
Noida, Uttar Pradesh, 201301
India