Solar Pump Business Raising Funds In Kolkata
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The company primarily focuses on producing solar pumps, an innovative and sustainable alternative to traditional diesel or electric pumps. These solar pumps are designed to harness the sun's power to provide reliable and cost-effective water pumping solutions. This is especially crucial in a country like India, where agriculture is a significant part of the economy, and many rural areas face challenges related to electricity access and water scarcity.
The company offers a wide range of solar pump solutions, including submersible solar pumps, surface solar pumps, and solar-powered booster pumps. These pumps are designed to cater to various agricultural, domestic, and industrial needs, ensuring an efficient and reliable water supply without the dependence on grid electricity or fossil fuels. Their products are known for their durability, high performance, and eco-friendly attributes.
Clientele type
They have tie-ups with the government authorities of West Bengal, Nagaland, Odisha, and Mizoram.
Premises
LEASED
Lease per month (in INR): 15,000
Security Deposit (in INR): 100,000
Carpet Area: 10,000 sq ft
Offices present in Nagaland and Kolkata
Asking Price Includes
35% equity, future rights to further projects in pipeline, discounted valuation, technology rights, and credentials for further government orders
Reason
Fuel Expansion and Growth
Attract Strategic Partners
Unlock Valuable Resources
Other Details
The company's team is diverse, with individuals who bring unique experiences and expertise:
CEO (North East Experience - 13 years)
The CEO's extensive experience in the North East equips them with insights into the region's specific challenges and opportunities, aiding strategic decision-making.
Civil Engineer (30 years in Simplex Infrastructure, Kolkata):
With three decades in infrastructure projects, this civil engineer is well-versed in large-scale construction, which is invaluable for complex pumping solutions, especially in urban and industrial contexts.
Two Business Development Heads (Age: 30):
The energetic business development heads, both aged 30, are instrumental in identifying new markets and growth opportunities, particularly in East India, where they can drive expansion efforts.
Electrical Engineers (Kolkata):
The company's renowned electrical engineers ensure the highest standards for pump design and functionality, which is critical in developing innovative and energy-efficient solutions.
As for upcoming orders:
Mizoram: The company is securing an order for solar-powered water pumps in Mizoram to address the hilly terrain and limited access to electricity. The CEO's regional experience is an asset in understanding Mizoram's specific requirements.
Odisha: Odisha requires high-capacity pumps for water management. The civil engineer's expertise in complex infrastructure projects will be crucial for the success of these orders.
Jharkhand: Jharkhand's growing urban and industrial sectors demand advanced pumping solutions. The electrical engineers' expertise and the business development heads' local relationships position the company well to meet these needs.
With this diverse team and strategic focus on regional markets, the company is poised to excel in these upcoming projects and expand its presence in these states.
Business Tags
₹10 to ₹200 Cr
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