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Applied Solar Technologies

Description

Provider of off-grid solar power services to the telecom and banking sectors. The company builds and operates solar installation technology which offers alternative power sources to telecom operators and banks which often uses diesel-based power generation for infrastructure such as telecom towers and ATMs.

2008

Founded

PRIVATE

Status

51-200

Employees

Series B

Latest Deal Type

$40M

Latest Deal Amount

$236M

Total Amount Raised

Description

Provider of off-grid solar power services to the telecom and banking sectors. The company builds and operates solar installation technology which offers alternative power sources to telecom operators and banks which often uses diesel-based power generation for infrastructure such as telecom towers and ATMs.

Website:

www.appliedsolartechnologies.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Alternative Energy Equipment

Other Industries

Energy Production

Primary Office

ATS Tower, 5th Floor Plot Number-16, Sector 135 Noida, 201305India +91 (0)11 4155 2066
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Applied Solar Technologies Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Applied Solar Technologies Investors (4)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Australia Future FundLimited PartnerMinority000 0000000 0000
Bessemer Venture PartnersVenture CapitalMinority000 0000000 0000
Capricorn Investment GroupAsset ManagerMinority000 0000000 0000
International Finance CorporationCorporationMinority000 0000000 0000
Australia Future Fund Limited Partner
Bessemer Venture Partners Venture Capital
Capricorn Investment Group Asset Manager
International Finance Corporation Corporation

Applied Solar Technologies Executive Team (7)

NameTitleBoard
Seat
Contact
Info
Kapil KathpaliaCo-Founder & Chief Executive Officer
Sanjay DeshmukhPresident
Nafis KazimChief Operating Officer
Vinod AgarwalCo-Founder
Tushar ChaudharyManager, Business Development
Kapil Kathpalia Co-Founder & Chief Executive Officer
Sanjay Deshmukh President
Nafis Kazim Chief Operating Officer
Vinod Agarwal Co-Founder
Tushar Chaudhary Manager, Business Development

Applied Solar Technologies Board Members (2)

NameRepresentingRoleSinceContact
Info
Rob ChandraBessemer Venture PartnersSenior Advisor & General Partner000 0000
Vishal GuptaBessemer Venture PartnersManaging Director000 0000
Rob Chandra Senior Advisor & General Partner Bessemer Venture Partners
Vishal Gupta Managing Director Bessemer Venture Partners
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