Lighting Equipment Businesses Seeking Loan - Lend to a Lighting Equipment Business

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Lighting Equipment Company Seeking Loan in Bangalore, India

Firm providing energy efficiency services in the lighting domain is seeking funds to finance projects.
- 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.
8.1   Bangalore
Run Rate Sales
USD 350 thousand
10 - 20 %
Business Loan
USD 300 thousand at 14% interest
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