Simpa Networks

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.
Company Growth (employees)
Type
Private
HQ
Noida, IN
Founded
2010
Size (employees)
263 (est)+3%
Simpa Networks was founded in 2010 and is headquartered in Noida, IN

Simpa Networks Office Locations

Simpa Networks has offices in Noida and Seattle
Seattle, US (HQ)
1000 315 5th Ave S

Simpa Networks Financials and Metrics

Summary Metrics

Founding Date

2010

Total Funding

$1.1 m

Latest funding size

$1.1 m

Time since last funding

about 5 years

Investors

Simpa Networks's latest funding round in October 2012 was reported to be $1.1 m. In total, Simpa Networks has raised $1.1 m

Traffic Overview of Simpa Networks

Simpa Networks Online and Social Media Presence

Simpa Networks Company Life and Culture

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