Ashwendra Singh
Installation Associate at Simpa Networks
Last Updated:
May 30, 2020
India
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Company Information

Simpa Networks is an award-winning, venture-backed social enterprise with a bold mission: to make modern energy simple, affordable, and accessible to everyone. Simpa sells solar-as-a-service to energy poor hous...
Simpa Networks is an award-winning, venture-backed social enterprise with a bold mission: to make modern energy simple, affordable, and accessible to everyone. Simpa sells solar-as-a-service to energy poor households and micro-enterprises that lack access to electricity in rural areas. Simpa helps its customers transform a daily expenditure for energy into ownership of a valuable asset using our innovative solar leasing model called 'Progressive Purchase'. Customers make a small initial payment to get a high-quality solar PV system installed. Using pay-as-you-go approach (PAYG), each subsequent payment for the energy service also contributes towards the final purchase price. Once fully paid, the system unlocks permanently and delivers free solar energy for years. Simpa's model is enabled by its patented metering technology, deep rural sales reach and attractive customer financing. This business model is disruptive and highly scalable, re-imagining the value chain for delivering energy access at the base of the economic pyramid. We're present in India as Simpa Energy with regional offices in Noida and Bangalore, and rural operations across several districts of Uttar Pradesh. ----- Simpa Networks offers an entirely new way to sell solar: It's solar-as-service. Customers make a small initial payment to have a solar PV system installed, then it's simply pay-as-you-go for the electricity. We mimic the compelling pricing model of pre-paid cell phones. But there's a twist: These small payments for electricity also add up towards the total purchase price and once fully paid, the customer owns the system and enjoys the benefits of clean, reliable electricity, for free US/India ----- Simpa Networks offers an entirely new way to sell solar: It's solar-as-service. Customers make a small initial payment to have a solar PV system installed, then it's simply pay-as-you-go for the electricity. We mimic the compelling pricing model of pre-paid cell phones. But there's a twist: These small payments for electricity also add up towards the total purchase price and once fully paid, the customer owns the system and enjoys the benefits of clean, reliable electricity, for free US/India
Location

635 17th D Main Road, Bengaluru, Karnataka, India, 560095

Contact Number

+91 93501 62630

No. of Employees

280

Revenue

$75M

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Keywords

renewable energy, social enterpreneurship, clean energy, ventures for good, rural energy, environmental services & clean energy, solar, clean energy & technology, oil & energy

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