Simpa Networks

📍 Noida, India🗓 Founded 2010👥 264 employees💰 Last funded Apr 2013
Renewable Energy Semiconductor Manufacturing🌐 simpaenergy.in
Website LinkedIn
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 our head office in Noida, and rural operations across several districts of Uttar Pradesh, Bihar & Odisha.
2
Total investors
1
Early stage
1
Mid stage
0
Late stage
2010
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
1
Singapore
1
Frequently asked questions
Who invested in Simpa Networks?
Simpa Networks has 2 investors on record on gritt.io, including 1 early-stage backers, 1 mid-stage.
When did Simpa Networks last raise funding?
The most recent investment in Simpa Networks recorded on gritt.io was in April 2013.
When was Simpa Networks founded?
Simpa Networks was founded in 2010.
What industry is Simpa Networks in?
Simpa Networks operates in Renewable Energy Semiconductor Manufacturing. Find similar Renewable Energy Semiconductor Manufacturing investors on gritt.io.
Where is Simpa Networks based?
Simpa Networks is headquartered in Noida, India.