About Vitalite Group
Vitalite Group is a company based in Lusaka (Zambia) founded in 2013 was acquired by Solar Panda in June 2025.. Vitalite Group operates in a competitive market with competitors including Widenergy Africa, Fastfold Energy Solution, Solar Move Africa and ID Solar Solutions, among others.
- Headquarter Lusaka, Zambia
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Solar Panda
(Jun 13, 2025)
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Funding Insights of Vitalite Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vitalite Group
Vitalite Group has secured backing from 1 investor. Prominent investors backing the company include Solar Panda. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Manufacturer of solar powered products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vitalite Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vitalite Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vitalite Group Comparisons
Competitors of Vitalite Group
Vitalite Group 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 Widenergy Africa, Fastfold Energy Solution, Solar Move Africa and ID Solar Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Distributor of solar powered products
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| domain | founded_year | HQ Location |
Manufactures solar-powered products like panels and integrated energy systems.
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| domain | founded_year | HQ Location |
Manufactures solar-powered products, including panels and integrated energy systems.
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| domain | founded_year | HQ Location |
Offers solar systems, installation, and maintenance for households and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Vitalite Group
When was Vitalite Group founded?
Vitalite Group was founded in 2013.
Where is Vitalite Group located?
Vitalite Group is headquartered in Lusaka, Zambia.
What does Vitalite Group do?
Vitalite Group was founded in 2013 and is based in Lusaka, Zambia. Operations focus on solar project development in rural areas. A pay-as-you-go payment system is employed, enabling users to make regular interval payments. Components supplied include solar lamps, portable lamps, batteries, a solar-powered radio with USB and memory card inputs, and phone charging facilities.
Who are the top competitors of Vitalite Group?
Vitalite Group's top competitors include Widenergy Africa, Fastfold Energy Solution and Solar Move Africa.
Who are Vitalite Group's investors?
Vitalite Group has 1 investor. Key investors include Solar Panda.