Region of operation
Karnataka, Kerala,Gujarat, Maharashtra, Bihar, Tamil Nadu
742, 15th Cross, 6th Phase, J P Nagar, Bangalore Country: India Zip: 560078
SELCO provides sustainable energy solutions and services to under-served households and businesses. It aims to empower its customer by providing a complete package of product, service and consumer financing through grameena banks, cooperative societies, commercial banks and micro-finance institutions.
Key product / Service
Solar lighting (CFL and LED) Indoor home lighting Outdoor home lighting Street Lights Special Projects DC TV Solar Pumps DC Sewing Machine Solar Digital Education Solar Micro Grid Solar Thermal (Water heaters) Domestic Institutional Solar inverter systems related appliances such as computers, ceiling fans, televisions, music systems, and sewing machines.
Number of beneficiaries
Awards and recognition
Funding and Operating Model
Higher than Series B
Total funding raised
No investors specified yet. Please edit page to add some.
Two notable reasons for Selco’s success: One, it gave the poor what they needed instead of selling what was available. Earlier, manufacturers would sell only two-light or four-light solutions. But if a consumer wants, or can afford just one light, that’s what Selco sells him. Two, Selco made financing available at the customer’s doorstep by tying up with banks to extend them loans.
Partners and key clients
International Partners- Global Village Energy Partnership, Renewable Energy and Energy Partnership (REEP), UNEP, Clinton Global Initiative, Nand and Jeet Khemka Foundation. Ashden Awards. Technology Partners- MIT, Engineers Without Borders (EWB), Engineers for Social Impact, SDM Institute of Technology. Holistic Partners- SEWA Bank, mahila Housing Trust, Small Scale Sustainable Infrastructure Development.
Images and trivia
No one is following this page yet.