Clean energy startup Greenlight Planet gets funded - CleanMax
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  • Agharkar Research Institute, Pune

Clean energy startup Greenlight Planet gets funded

Greenlight Planet is a renewable energy (clean energy) startup that is based in India but also has operations in Africa. The startup announced yesterday (06/12/2017) that it has raised US $60 million (Rs. 387 crores) in Series A round of funding from the London – based VC firm, Apis Partners. The startup’s existing investors like Eight Roads Ventures and Bamboo Capital Partners are also reported to have participated in that round of funding. Greenlight provides loans at low rate of interests for people who want to buy solar energy – based products. The startup will use the funds to enhance the production of its products, enhance its distribution networks and financing capabilities and increase its presence both in Asia and Africa. Read more on Investments

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