A Early Revenue Startup in Renewable Energy (Renewable Solar Energy) from India is looking to raise funds
BUSINESS BRIEF
An IoT and robotics company which has developed an Intelligent Waterless Solar Panel Cleaning Robot, solving the problem of inefficient cleaning process of Solar panels. Its unique air wash technology does not need water or harmful chemicals to clean the panels and prevents abrasion with high cleaning efficiency. It offers to clean ground mount and rooftop solar panels with a RoI of between 6 to 18 months. Here are some of the key highlights of this deal-
1. First Indian company with unique solutions for Rooftop & Ground Mount.
2. Only Indian Company with Patents, Lightest machine, Quick ROI
3. With 25% adoption, 16 Billion liters of water can be saved per annum in India.
4. Safe & Efficient– Unique Airwash technology protects the panels from abrasion with high cleaning efficiency.
Based om Current run rate, Expected Sales is 135 lakhs for FY 20-21. The company has signed term sheet with an investor network and have received soft committments of 1.5 cr. They are seeking balance 2.5 cr for a period of 12 to 18 months to close the round asap and tap the business opportunities.
Proposal
Capital Requirement
INR 2.5 Cr
Funding Status
I have a lead investor
Industry & Sub-Industry
Renewable Energy (1)
Solar Energy
Technology/Product/Service Offering
Solar Panel cleaning product and services
StartUp Stage
Early Revenue
Business Segment Type
B2B, B2B2C
End use of fund (in %)
Financial Information |
2017 (in Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) |
---|---|---|---|---|
Sales |
N.D | N.D | N.D | INR 0.13 Cr |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
TOTAL DEBT |
N.D | N.D | N.D | N.D |
Business Documents
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