About d light
d light is a company based in Nairobi (Kenya) founded in 2004 by Nedjip Tozun and Sam Goldman. d light has raised $118.02 million across 24 funding rounds from investors including Shell, Mahindra and Acumen. The company has 103 employees. d light offers products and services including Solar Home Systems, Solar Inverters, Solar Appliances, and Solar Lanterns. d light operates in a competitive market with competitors including Ecoflow, Goal Zero, Naked Energy, Eni Plenitude and ZOLA Electric, among others.
- Headquarter Nairobi, Kenya
- Employees 103
- Founders Nedjip Tozun, Sam Goldman
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website dlight.com
- Social LinkedIn X Facebook Instagram
- Legal Name D.Light Energy Private Limited
- Date of Incorporation 19 Dec, 2007
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹166 Cr
FY 2025 · -27% YoY
- Net Loss-₹16.44 Cr
FY 2025 · -10% margin
- EBITDA-₹16.43 Cr
FY 2025 · -10% margin
- Total Equity Funding$118.02 M (USD)
in 24 rounds
- Latest Funding Round$7.4 M (USD), Debt – Conventional
Feb 20, 2024
- InvestorsShell
& 33 more
- Employee Count103
Associated legal entities of d light
d light operates through D.Light Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| D.Light Energy Private Limited CIN U74900DL2007PTC171653 | Active | 19 Dec 2007 | New Delhi, Delhi | ₹166 Cr | 103 | 4 | View details |
Products & Services of d light
d light offers a comprehensive portfolio of products and services, including Solar Home Systems, Solar Inverters, Solar Appliances, and Solar Lanterns.
Provides flexible solar power for household use in remote areas.
Enables uninterrupted power supply through efficient solar tech.
Offers pay-as-you-go appliances for daily household needs.
Delivers portable power for on-the-go lighting and charging.
Funding Insights of d light
d light has successfully raised a total of $118.02M across 24 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $7.4 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $118.0M
- Total Rounds 24
- Last Round Debt – Conventional — $7.4M
- Investors Count 34
Latest 10 of 24 funding rounds of d light with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 20 Feb 2024 | $7.4M | Debt – Conventional | – | – | |
| 13 Aug 2023 | $30.0M | Debt – Conventional | – | – | |
| 24 Apr 2023 | $1.9M | Series E | – | Swedfund | – |
| 21 Jul 2022 | $50.0M | Debt – Conventional | – | – | |
| 20 Mar 2022 | $7.0M | Series E | – | Finnfund | – |
| 21 Oct 2021 | $15.0M | Series E | – | Inspired Evolution | |
| 25 May 2021 | $10.0M | Series E | – | Proparco | – |
| 26 Nov 2020 | – | Series E | – | Acumen | – |
| 06 Nov 2019 | – | Series E | – | – | |
| 03 Jul 2019 | $18.0M | Debt – Conventional | – | – | – |
34 investors in total: 34 institutional.
Investors in d light
d light has secured backing from 34 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, Mahindra and Acumen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage SMEs are invested in by government-operated Swedfund. | 1979 | swedfund.se | Stockholm, Sweden | |
Investments in equities, bonds, infrastructure, and impact projects are managed. | 2012 | mirova.com | Paris, France | |
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Investments in sustainable development projects in developing countries. | – | finnfund.fi | - | |
Private equity investments are directed toward Sub-Saharan Africa. | – | inspiredevolution.co.za | Cape Town, South Africa | |
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway | |
Venture capital firm backed by Shell | – | shell.com/energy-and-innovation/innovating-together/shell-technology-ventures.html | The Hague, Netherlands | |
Investments in clean energy infrastructure are managed by KawiSafi fund. | – | kawisafi.com | Nairobi, Kenya | |
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States |
Investor details for d light
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of D.Light Energy Private Limited (d light)
D.Light Energy Private Limited is the primary company behind d light. The board of D.Light Energy Private Limited currently have 3 directors; the longest-serving is Nedjip Orhan Tozun, appointed in 2017. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nedjip Orhan Tozun DIN 02145717 | Director | 13 May 2017 | 9 yrs 4 mo | D.Light Energy Private Limited |
| Shailesh Suryaprakash Gupta DIN 07272885 | Managing Director | 05 May 2021 | 5 yrs 5 mo | D.Light Energy Private Limited |
| Vibhu Sharma DIN 10896581 | Director | 06 Jan 2025 | 1 yr 9 mo | D.Light Energy Private Limited |
People of d light
45 people are tracked at d light (21 in leadership, 24 in team); the tracked headcount is 103.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Sam Goldman | Co-Founder & CPO | Leadership |
Elson M. | Director Of People & Culture | Leadership |
Ronald Pfende | CFO | Leadership |
Cynthia Natukunda | Head Of Human Resources | Leadership |
Ned Tozun | Co-Founder & CEO | Leadership |
Chrp Jacque Mulama | Human Resource Business Partner, Kenya | Leadership |
Deepak Jangid | Director Of Finance - India China And Global Partnerships | Leadership |
Jack Pegler | Director Of Business Intelligence | Leadership |
Robert Kebabe | Head Of Finance | Leadership |
Anshu Katiyar | Head - Marketing & Product Development (associate Director) | Leadership |
Karl Skare | Chief Product & Strategy Officer | Leadership |
Angela Nyoike | Head Of Hr, Kenya | Leadership |
Valentine Okwara | Managing Director | Leadership |
Patricia L. | Head Contact Center Operations - Group | Leadership |
Caroline Mburu | Head Of Project Delivery | Leadership |
Gavala Douglas | Managing Director | Leadership |
Jacob Lewandowski | Chief Operating Officer | Leadership |
Saurabh Aggarwal | Associate Director Of Finance | Leadership |
Robert Mutua | Associate-director Product | Leadership |
25 more people are available in the full profile.
Complete people profiles for d light
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of d light
Figures of D.Light Energy Private Limited, the primary company behind d light, for FY 2025. Revenue was ₹166 Cr (-27% year on year). Net loss was -₹16.44 Cr (-10% margin). EBITDA was -₹16.43 Cr (-10% margin). Revenue has grown at a compounded annual rate of +35% over three years and +21% over five years.
- ₹166 CrRevenue · FY 2025 · -27% YoY
- -₹16.44 CrNet loss · -10% margin
- -₹16.43 CrEBITDA · -10% margin
- ₹47.24 CrPaid-up capital
- 103Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of D.Light Energy Private Limited are on its company page.
Detailed financial statements for d light
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of d light
3 dated milestones of d light across 20 years, from founding to its latest funding, stage changes and deals.
- Founded d light is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $7.4M.
Competitors of d light
d light operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecoflow, Goal Zero, Naked Energy, Eni Plenitude and ZOLA Electric, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecoflow.com | 2017 | San Jose, United States | $104.0M | – | An online platform for energy storage solutions is offered. | |
| goalzero.com | 2010 | Salt Lake, United States | $13.4M | – | Manufacturer of portable power stations, solar generators, and home backup systems | |
| nakedenergy.com | 2009 | Crawley, United Kingdom | $41.9M | 15 | Heat decarbonization solutions are delivered via hybrid solar collectors. | |
| eniplenitude.com | 2021 | San Donato Milanese, Italy | – | – | Manufacturer of solar powered products | |
| zolaelectric.com | 2011 | Amsterdam, Netherlands | $158.0M | – | Provider of solar installation and upgradation services for rural customers | |
| borosilrenewables.com | 1962 | Mumbai, India | – | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | |
| sunroof.se | 2013 | Stockholm, Sweden | $39.4M | – | Solar roof tiles with building-integrated photovoltaics are manufactured. | |
| sunking.com | 2007 | Nairobi, Kenya | $440.0M | 289 | Solar home energy products are designed, distributed, installed, and financed. | |
| spectur.com.au | 2009 | Perth, Australia | – | – | Solar energy powered products are designed and manufactured by Spectur. |
Detailed competitors of d light
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on D Light
Complete news archive for d light
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to d light
10 companies that operate in the same segment as d light (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 | |
Turnkey solar engineering, procurement, and construction solutions are provided. | 2011 | Jaipur, Rajasthan, India | USD 57.02 M | USD 125.31 M | 385 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about d light
d light was founded in 2004 and raised its 1st funding round 2 years after it was founded.
d light is headquartered in Nairobi, Kenya.
Nedjip Tozun is the current CEO of d light. They have also founded this company.
d light is a funded company, having raised a total of $118.02M across 24 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $18M, raised on Jun 01, 2006.
d light has 103 employees.
The primary company behind d light, D.Light Energy Private Limited, reported revenue of ₹166 Cr for FY 2025, down 27% year on year.
Affordable solar home systems, inverters, and appliances are offered by d.light, founded in 2004. Financing options such as PayGo are extended to facilitate access in underserved areas. Last-mile delivery is employed to reach remote off-grid populations, with innovative designs integrated into products. Operations are based in Nairobi, Kenya, within the clean energy sector, targeting improvements in education, health, and economic conditions for communities.
d light's top competitors include Ecoflow, Naked Energy and Goal Zero.
d light offers Solar Home Systems, Solar Inverters, Solar Appliances, and Solar Lanterns.
d light has 34 investors. Key investors include Shell, Mahindra, Acumen, Nexus Venture Partners, and European Investment Bank.
d light operates through D.Light Energy Private Limited.
The legal entities of d light currently have 4 directors, including Shailesh Suryaprakash Gupta, Nedjip Orhan Tozun, Mohit Sachdeva and others.