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Simpa Networks

Simpa Networks

Type

startup

Founded

2010

Funding captured

$6.4m

Deals captured

3

About Simpa Networks

Operates a pay-as-you-go solar home systems business serving off-grid and low-income households in India. The company combines hardware (solar panels, batteries, lights, phone charging points) with a technology platform to enable daily micro-payments, agent networks and remote system management. It trains village level entrepreneurs and solar technicians to distribute, install and service systems across rural regions, offering flexible ownership plans and credit-scoring to reach consumers without traditional banking access.

Simpa Networks funding captured (3)

Deal typeStageDateAmountInvestors
EquityUnspecifiedUNDISCLOSED$2.4mGlobal Innovation FundGlobal Innovation Fund
************************************************undisclosed****************
************************************************$4.0m****************