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D. light Energy

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Product: Solar lamp manufacturing
Brand: Kiran S10, Nova S200
Industry: Renewable Energy
Location: Delhi (with offices in U.S, Hong Kong, Dar es Salaam, Shenzhen)

A company which has sold thousands of solar lamps for as less as $10, D.light has won a lot of international competitions and has been covered by many international publications in top cleantech, social entrepreneurship, innovation and design lists. With high-volume production capacity and design principles to increase affordability, the product includes a solar panel that is portable and durable. With 5 international offices and venture funding from various VC/PE funds, D.light is improving the quality of life of poor people who have to spend a lot of money (e.g., $10 /month in Africa) on buying kerosene for traditional lamps. By end of 2010, it expects to have 10 million customers, and 50 million by 2015. The team of 70 people has current growth rate of 10% and has corporate clients like ITC, World Bank, Home Town, Ujjivan, Srei Sahaj among others.

Founder: Sam Goldman
Co-founder: Nedjip Tozun, Gabriel Risk, Xianyi Wu & Erica Estrada
Investors: Nexus Venture Partners, Gray Matters Capital, Garage Technology Ventures, Acumen Fund, DFJ, The Mahindra Group
Mentors: N/A
Key Clients: >200000 units sold in India
Top-Line: N/A
URL: www.dlight.in

 

D.light Energy Team