Funded Tech Companies
Husk Power Systems
Operating out of Patna, Bihar, Husk Power Systems has funding from FMO, Swedfund and Shell Ventures.
Company Overview
Company Name
Husk Power Systems
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
2nd Floor, Sai Tower, New Dak Bunglow Road Patna
Patna, Bihar, 800001
IN
Patna, Bihar, 800001
IN
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Today, most people in rural areas have access to some form of expensive and polluting energy products and services like kerosene lanterns and diesel gensets. A smaller number have access to expensive solar home systems, providing limited DC power for lighting and cell phone charging over a few hours each day. This leaves a major gap. Households cannot afford to buy large enough Solar Home System or Diesel Genset that could power off-the-shelf high quality appliances, such as refrigerators, freezers or water purification units. Meanwhile local enterprises - shops, rice mills, welders - have no access to reliable three-phase AC that enables major improvements in productivity and cost-efficiency.
Last Transaction
10/24/2023
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Company Investors
- FMO
- Swedfund
- Shell Ventures
- European Investment Bank
- IFC
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