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Off-Grid Energy Solutions and Social Impact
Deepak KumarCofounder and CTO
Problem• 1.2 billion people, around 22% of the global population, do
not have access to electricity.
• India currently has 77 million households (about 360 million people) who lack adequate access to grid-electricity.
• Across the world people living off the grid spend about $27 Billion annually on basic energy needs.
• Majority of people living off-grid have a daily income < $2
Social Investment Platform
• Crowdlending to provide convenient and hassle free loans to our end customers from BOP segment.
• Connects individual social investors with curated clean energy projects and credit worthy borrowers willing to adopt clean energy technology.
Distribution Network• Hub and spoke distribution model
• Community involvement
• Village level entrepreneurs
• Field coordinators, technical team, service and support team all recruited from local communities.
Solar technicians from local communities
Credit Appraisal process for energy loans
Challenges and Learning• Why full stack ?
• Focus on execution
• Growth Vs Sustainability?
• Stake holder management
Thank You
Contact - [email protected]