D.light Design gets Rs 25 cr funding

Delhi-based lighting and power company D.light Design has secured $5.5 million (Rs 25.8 crore) series A financing form Nexus India Capital, Draper Fisher Jurvetson, Garage Technology Ventures, Mahindra & Mahindra, and social funds Acumen Fund and Gray Matters Capital. The same team of investors provided seed funding for D.light, when it was founded over a year ago.

This funding allows the Silicon Valley social enterprise to continue quickly scle to meet the worldwide demand for off-grid modern lighting. The staff team has already grown exponentially into a multi-national team of product designers, engineers, and sales personnel.

In the coming months, D.light will grow its manufacturing and distribution capacity to make a lasting dent in the global problem of dangerous and polluting fuel-based lighting.