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Fidelity India invests $10 mn in Greenlight

The company has sold over 3 million of its Sun King solar light and energy devices to off-grid homes in 30 countries

BS Reporter 

Fidelity Growth Partners India has led a $10-million financing in Greenlight Planet, a US-based company that distributes solar energy products for off-grid homes in emerging markets. Founded in 2007, focuses on delivering affordable energy to the world's 1.2 billion off-grid consumers.

The company has sold over 3 million of its light and energy devices to off-grid homes in 30 countries. Greenlight Planet's Sun King family of solar lighting and phone charging devices retail for Rs 650 in India.

First Published: Thu, February 05 2015. 00:38 IST
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