About SELCO India
SELCO India is an Energy & Utilities company based in Bengaluru (India) founded in 1995 by Neville Williams and Harish Hande. Solar power solutions are provided for lighting, pumping, and appliances. It operates on a Product-as-a-Service and Professional Services model. The company has 549 employees. SELCO India was last valued at $6.45 million in July 2018. Its chief executive, as recorded, is Harish Hande. Its website selco-india.com draws about 17 thousand monthly visits. Its Indian entity Selco Solar Light Private Limited reported revenue of ₹97.48 Cr. SELCO India offers products and services including Solar Home Lighting, Solar Water Heaters, Solar-Powered Livelihood Appliances, Solar Solutions for Institutions, and Advisory and Training. Its focus areas include Energy, Renewable Energy and Solar Energy.
Company details
Sustainable energy solutions are delivered by SELCO India to improve quality of life and socio-economic development for the poor. Tailored solar energy products and services are offered across various customer segments, sectors, and geographies, including rural and underserved areas. Solutions such as solar home lighting, water heaters, and livelihood appliances like roti rolling machines are designed and deployed. Institutional support is extended to schools, health centers, and community facilities with solar power systems. Advisory and training services are provided to energy enterprises and social initiatives, focusing on energy access and policy inputs. Operations are spread across Karnataka, Maharashtra, Kerala, Tamil Nadu, and Bihar through multiple branches ensuring doorstep service.
- Headquarters Bengaluru, India
- Employees 549
- Founders Neville Williams, Harish Hande
- Stage Minicorn
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website selco-india.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Selco Solar Light Private Limited
- Date of Incorporation 30 Mar, 1995
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹97.48 Cr
FY 2025 · -31% YoY
- Net Loss-₹3.59 Cr
FY 2025 · -4% margin
- EBITDA-₹3.23 Cr
FY 2025 · -3% margin
- Latest Funding Round$995.81K (USD), Unspecified
Jul 2018
- InvestorsDOEN Foundation
& 3 more
- Employee Count549
Associated legal entities of SELCO India
SELCO India operates through Selco Solar Light 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 |
|---|---|---|---|---|---|---|---|
| Selco Solar Light Private Limited CIN U40106KA1995PTC017498 | Active | 30 Mar 1995 | Bangalore, Karnataka | ₹97.5 Cr | 549 | 5 | View details |
Products & Services of SELCO India
SELCO India offers a comprehensive portfolio of products and services, including Solar Home Lighting, Solar Water Heaters, Solar-Powered Livelihood Appliances, Solar Solutions for Institutions, and Advisory and Training.
Solar lighting systems are provided for household use.
Solar heaters are installed for water heating needs.
Appliances like roti rollers support livelihood activities.
Solar systems are deployed for schools and hospitals.
Training on energy access is offered to enterprises.
Apps and channels of SELCO India
its YouTube channel SELCO India has 2.52K subscribers and 30 videos.
Videos from SELCO India
The most watched videos on SELCO India's YouTube channel, SELCO India (2.52K subscribers). Click a video to play it here.
More on SELCO India.
Funding Insights of SELCO India
- Total Rounds 3
- Last Round Unspecified — $995,814
- First Round $1.26M
(Feb 2009)
- Investors Count 4
All 3 funding rounds of SELCO India 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 |
|---|---|---|---|---|---|
| Jul 2018 | $995,814 | Unspecified | $6.45M | DOEN Foundation | – |
| Jun 2011 | $258,903 | Unspecified | $1.93M | Lemelson Foundation | – |
| Feb 2009 | $1.26M | Unspecified | $••••• | Good Energies |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2018 | $6.45M | •••••••• |
| Jun 2011 | $1.93M | •••••••• |
| Feb 2009 | $••••• | •••••••• |
Full valuation and stage history of SELCO India
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $6.45M (Jul 2018). 4 investors in total: 4 institutional.
Investors in SELCO India
SELCO India has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include DOEN Foundation, E Co and Lemelson Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable, cultural, and social pioneers are supported by the foundation. | 1991 | doen.nl | Amsterdam, Netherlands | |
Funds STEM-based invention education, entrepreneurship, and climate action initiatives worldwide. | 1993 | lemelson.org | Portland, United States | |
Provides comprehensive financial services focused on solar energy solutions. | 2001 | goodenergies.org | Zug, Switzerland | |
Carbon resilient project development services are provided globally. | 2000 | ecoltdgroup.com | Chislehurst, United Kingdom |
Investor details for SELCO India
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Board of directors of Selco Solar Light Private Limited (SELCO India)
Selco Solar Light Private Limited is the primary company behind SELCO India. The board of Selco Solar Light Private Limited currently have 4 directors; the longest-serving is Harish Handerto Hande, appointed in 1995. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harish Handerto Hande DIN 00144458 | Director | 30 Mar 1995 | 31 yrs 7 mo | Selco Solar Light Private Limited |
| Thomas Joseph Pullenkav DIN 07981935 | Director | 10 Nov 2017 | 8 yrs 11 mo | Selco Solar Light Private Limited |
| Elena Casolari DIN 09047330 | Nominee Director | 10 Mar 2021 | 5 yrs 8 mo | Selco Solar Light Private Limited |
| Mankal Shankar Sriram DIN 00588922 | Nominee Director | 10 Mar 2021 | 5 yrs 8 mo | Selco Solar Light Private Limited |
People of SELCO India
14 people are tracked at SELCO India (6 in leadership, 8 in team); the tracked headcount is 549.
| Name | Role | Group |
|---|---|---|
Neville Williams | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Mohan Bhaskar Hegde | CEO | Leadership |
Ca Pradyumna Uk | Chief Manager - Accounts & Finance | Leadership |
Parthasarathy Cr | Chief Manager, Projects | Leadership |
Sudipta Ghosh | Deputy General Manager | Leadership |
Nanditha Shetty | Manager - Accounts & Finance | Team |
Ravi Kanth Rao | Partnership Develpment | Team |
Ravi Kiran | Area Manager Projects | Team |
Manjunath S H Hadapad | Sales Manager | Team |
Mallika Nayak | Senior Account Executive | Team |
Sanandan K | Operations Manager | Team |
Neeraj K. | Senior Manager Operations | Team |
Sahana Hegade | Executive Analyst | Team |
Complete people profiles for SELCO India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of SELCO India
Figures of Selco Solar Light Private Limited, the primary company behind SELCO India, for FY 2025. Revenue was ₹97.48 Cr (-31% year on year). Net loss was -₹3.59 Cr (-4% margin). EBITDA was -₹3.23 Cr (-3% margin). Revenue has grown at a compounded annual rate of -1% over three years and +3% over five years.
- ₹97.48 CrRevenue · FY 2025 · -31% YoY
- -₹3.59 CrNet loss · -4% margin
- -₹3.23 CrEBITDA · -3% margin
- ₹8.53 CrPaid-up capital
- 549Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Selco Solar Light Private Limited are on its company page.
Detailed financial statements for SELCO India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SELCO India
4 dated milestones of SELCO India across 23 years, from founding to its latest funding, stage changes and deals.
- Founded SELCO India is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $996K.
Web traffic of SELCO India
The website of SELCO India (selco-india.com) receives about 16.8K visits a month.
- Monthly visits16.8K
▲ 553.6% vs previous month
Websites whose visitors overlap most with SELCO India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
maxwideman.com | maxwideman.com | 100% | #2,340,238 | – | |
| selcofoundation.org | 32% | #1,223,612 | View details |
Top companies in Energy Efficiency & Conservation
2 companies that operate in the same segment as SELCO India (Energy Efficiency & Conservation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Energy conservation and automation solutions are provided for industrial processes. | 1926 | Pune, Maharashtra, India | USD 137.05 M | 1,840 | ||
Multi-category consumer electronics products are provided by Syska. | 2012 | Pune, Maharashtra, India | USD 62 M | USD 148.76 M | 3 |
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Related news about Selco India
Complete news archive for SELCO India
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Frequently Asked Questions about SELCO India
SELCO India was founded in 1995 and raised its 1st funding round 14 years after it was founded.
SELCO India is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Harish Hande is the CEO of SELCO India, as recorded in our data. They have also founded this company.
SELCO India has 549 employees.
The primary company behind SELCO India, Selco Solar Light Private Limited, reported revenue of ₹97.48 Cr for FY 2025, down 31% year on year.
Sustainable energy solutions are delivered by SELCO India to improve quality of life and socio-economic development for the poor. Tailored solar energy products and services are offered across various customer segments, sectors, and geographies, including rural and underserved areas. Solutions such as solar home lighting, water heaters, and livelihood appliances like roti rolling machines are designed and deployed. Institutional support is extended to schools, health centers, and community facilities with solar power systems. Advisory and training services are provided to energy enterprises and social initiatives, focusing on energy access and policy inputs. Operations are spread across Karnataka, Maharashtra, Kerala, Tamil Nadu, and Bihar through multiple branches ensuring doorstep service.
SELCO India offers Solar Home Lighting, Solar Water Heaters, Solar-Powered Livelihood Appliances, Solar Solutions for Institutions, and Advisory and Training.
SELCO India has 4 investors. Key investors include DOEN Foundation, E Co, Lemelson Foundation, and Good Energies.
The valuation of SELCO India is $6.45M as of Jul 2018.
SELCO India operates through Selco Solar Light Private Limited.
The legal entities of SELCO India currently have 5 directors, including Elena Casolari, Mohan Bhaskar Hegde, Mankal Shankar Sriram and others.