About SELCO India
SELCO India is a company based in Bengaluru (India) founded in 1995 by Neville Williams and Harish Hande. It operates as a Product-as-a-Service and Professional Services. SELCO India has raised $2.51 million across 3 funding rounds from investors including DOEN Foundation, E Co and Lemelson Foundation. The company has 549 employees as of December 16, 2024. 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.
- Headquarter Bengaluru, India
- Employees 549 as on 16 Dec, 2024
- Founders Neville Williams, Harish Hande
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Selco Solar Light Private Limited
- Date of Incorporation 30 Mar, 1995
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$16.4 M (USD)20.96as on Mar 31, 2024
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Net Profit
$490.41 K (USD)101.18as on Mar 31, 2024
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EBITDA
$492.41 K (USD)213.13as on Mar 31, 2024
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Total Equity Funding
$2.51 M (USD)
in 3 rounds
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Latest Funding Round
$995.81 K (USD), Unspecified
Jul 10, 2018
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Investors
DOEN Foundation
& 3 more
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Employee Count
549
as on Dec 16, 2024
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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.
People of SELCO India
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Funding Insights of SELCO India
SELCO India has successfully raised a total of $2.51M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $995.81 thousand completed in July 2018. 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.
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 |
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Sustainable, cultural, and social pioneers are supported by the foundation.
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Funds STEM-based invention education, entrepreneurship, and climate action initiatives worldwide.
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Provides comprehensive financial services focused on solar energy solutions.
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Locked | Locked | Locked |
Investor details for SELCO India
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Investments & Acquisitions by SELCO India
Investment portfolio details for SELCO India
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Financial Statements - SELCO India
Detailed financials for SELCO India
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Selco India Comparisons
Peer comparison for SELCO India
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Competitors of SELCO India
Detailed competitors of SELCO India
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Latest news on 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 current CEO of SELCO India. They have also founded this company.
SELCO India is a funded company, having raised a total of $2.51M across 3 funding rounds to date.
As of Dec 16, 2024, the latest employee count at SELCO India is 549.
Annual revenue of SELCO India is $16.4M as on Mar 31, 2024.
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.