Simpa Networks is an award-winning, venture-backed social enterprise with a bold mission: to make modern energy simple, affordable, and accessible to everyone. Simpa sells solar-as-a-service to energy poor households and micro-enterprises that lack access to electricity in rural areas. Simpa helps its customers transform a daily expenditure for energy into ownership of a valuable asset using our innovative solar leasing model called 'Progressive Purchase'. Customers make a small initial payment to get a high-quality solar PV system installed. Using pay-as-you-go approach (PAYG), each subsequent payment for the energy service also contributes towards the final purchase price. Once fully paid, the system unlocks permanently and delivers free solar energy for years. Simpa's model is enabled by its patented metering technology, deep rural sales reach and attractive customer financing. This business model is disruptive and highly scalable, re-imagining the value chain for delivering energy access at the base of the economic pyramid. We're present in India as Simpa Energy with our head office in Noida, and rural operations across several districts of Uttar Pradesh, Bihar & Odisha.
View Top Employees from Simpa NetworksWebsite | https://www.simpaenergy.in |
Revenue | $29 million |
Funding | $24.2 million |
Employees | 264 (223 on RocketReach) |
Founded | 2010 |
Address | Fourth Fl, B-2, Sector 4, Noida, Uttar Pradesh 201301, IN |
Industry | Renewable Energy Semiconductor Manufacturing, Electricity, Oil & Gas, Energy Infrastructure, Renewable Energy, Energy, Utilities & Waste Treatment, Alternative Energy Equipment, Social Enterpreneurship |
Web Rank | 6 Million |
Keywords | Solar Energy, Pay-As-You-Go Solar Power, Off-Grid Energy, Rural Electrification |
Competitors | Azuri Technologies, M-KOPA, Mobisol Group, Orb Energy, SolarNow BV |
SIC | SIC Code 49 Companies, SIC Code 493 Companies |
NAICS | NAICS Code 22 Companies, NAICS Code 221 Companies |
Looking for a particular Simpa Networks employee's phone or email?
The Simpa Networks annual revenue was $29 million in 2024.
Alessia Ferretti is the Chief Executive Officer and Founder of Simpa Networks.
223 people are employed at Simpa Networks.
Simpa Networks is based in Noida, Uttar Pradesh.
The NAICS codes for Simpa Networks are [22, 221].
The SIC codes for Simpa Networks are [49, 493].