Lighting Fixtures Company Seeking Loan in Bangalore, India

- Develop products and providing solutions in sustainable technologies like LED lighting, solar PV and energy efficiency.

- Founded and headed by an IITan with over 9 years experience in the energy and lighting space.

- Team of over 7 engineers from IITs and top universities.

- Offices in Bangalore, Chennai and HK. Team size has doubled in the last year with a 60% growth in revenues.

- Developed 50 new lighting products and flagship floating solar product in the last year.

- There are 3 business verticals as follows:

1. Lighting.

Products:

- Functional Indoor LED Lights under brand name of Enfrien.

- Concept lighting light lights made of gypsum and linear aluminium profiles.

- Outdoor LED Lights including street lights and facade lights.

Services.

- Lighting Design for new and renovation projects.

- Project Management for lighting projects.

- Lifecycle services like help desk, extended warranties etc.

Clients: Radisson Hotels, GRT Jewelers, Show Off Apparels, VF Brands etc.

2. Solar Solutions.

Products:

Naavi - Enfrien proprietary solution for installing solar power plants on water.

Services:

- Advisory services including pre-feasibility studies and design consultancy.

- Project execution and EPC services for solar power plants.

- Lifecycle services for O & M of plants.

3. Energy Efficiency.

Products.

- Retrofit LED lighting products.

Services.

- Advisory Services including energy audits and ESCO proposals.

- Project Management of ESCO projects.

We are looking for equity investments in our company for our R & D activities in IOT and floating solar solutions.

We are also looking for project funding (debt + equity) with equity portion having an IRR of 20% - 24% per annum for our energy efficiency and solar projects.

LED lighting, energy efficiency, Solar PV systems, Energy audits, Floating Solar systems.

Office - 2200 sft rented.

Warehouse - 1200 sft rented.