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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 CorporationInfrastructureMinority000 0000000 0000
    Australia Future Fund Limited Partner
    Bessemer Venture Partners Venture Capital
    Capricorn Investment Group Asset Manager
    International Finance Corporation Infrastructure

    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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