Indian Firm Among Agriculture Innovation Competition Finalists
An Indian company has featured among the 13 finalists for an international agriculture innovation competition here in the United States. Claro Energy has been selected for its low-cost pay-per-use irrigation using solar trolley system, USAID said in a statement
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Challenge and Oppurtunity of the Off Grid Segment
While the role of energy in driving economic growth is acknowledge, the fact is thatmillions of households in the country still lack access to reliable power.
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Lessons from my Entrepreneurial Journey – Part 4 – Kartik Wahi
‘Culture’ is one of those soft intangibles that one easily dismisses down the priority order when starting out. It doesn’t take precedence until you have some semblance of an organisation. However, very quickly it morphs into a great virtue, either an asset for your organisation that you rejoice or a peril that you simply can’t wish away. A dear friend Raman Ahuja taught me the most important lesson on culture.
moreLessons from my Entrepreneurial Journey – Part 3 – Kartik Wahi
A classic founder’s syndrome is to get involved in every functional role at the start-up. Almost every entrepreneur goes through this learning, spreading themselves too thin only to realise that it is not sustainable. Unless you lap up mega bucks from a venture capitalist (VC) in the first few months, you are more than likely to have a young inexperienced (read affordable) team, that will require a lot of grooming and handholding initially.
moreLessons from my Entrepreneurial Journey – Part 2 – Kartik Wahi
Sometime back I read a blog on Harvard Business Review. It talks of something called ‘Entrepreneurship porn’. In essence, the blog summed up the reality of the startup world, or rather how it is perceived by everyone. There is a distorted view of the life that a startup founder lives – often projected as rather glamorous.
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Start Ups provide bright spots in Solar Power Sector
The government may be chalking out big plans regarding tapping the potential of solar power – achieving 100 gigawatts (GW) of capacity by 2022 – but it would take much more to realise this dream, as there isn’t a proper framework yet to rope in the private sector in this segment in a big way.
moreLessons from my Entrepreneurial Journey – Part 1 – Kartik Wahi
This was supposed to be a one-off piece, when I was first invited to share my experiences as a startup entrepreneur — mostly lessons learnt along the journey. When I sat down to write, I was flooded with thoughts of so many experiences that taught me so much, way more than I had imagined. The mind was flush with memories of phases of endurance, patience, hardships, despair, hope, resilience, jealously, celebration, and much more.
moreClaro Energy gets 12.4 Crore credit facility from RBL Bank
Claro Energy,a leading solar water pumping solution provider, has received $2million (Rs 12.4 crore) credit facility from RBL Bank to ramp up its solar pumping business. Of the total amount, $1 million is a direct line of credit to meet working capital needs and another $1 million is a commitment from the Bank to wards direct farmer financing for the company’s solar water pumps,it said in a statemen
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How Solar Energy can save India’s Farmers
Ravi Kant, a rice and wheat farmer in his 30s, lives in Bihar, just south of Nepal and one of the poorest states in India. Kant used to perform an intricate ritual when rains alone couldn’t provide enough water for his crops: He would rent a diesel pump from town, shoulder it on the bamboo sling and carry it to a corner of his property
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Claro Energy raises ‘pre-series – A’ funding from Angel Investors
Solar power solutions startup Claro Energy has raised its first round of funding from a group of angel investors in India , Singapore , the US and Canada . Claro Energy offers solar powered water pumping solutions to meet the irrigation requirements and rural drinking water needs . The investment was led by Sheetal Bahl who is the MD of start up consultancy cum angel network Growx Ventures and an independent angel investor.
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Claro Energy Featured in Hottest Young Entreprenurs
Deptation and Innovation is the mantra of the two-year-old startup, Claro ventures, Which provides solar water pumps in the power-deficitareas. Co-founder Kartik Wahi and Gaurav Kumar believe their USP is the their product aims to augment the income of the consumers.
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Solar Powered Water Pumps Struggle to see the Light
ANAND, India, Jan 16 2013 (IPS) – When twenty-nine-year-old Kartik Wahi graduated from the Kellogg School of Management in Chicago, Illinois in 2010, he wasted no time in returning to India to self-finance a start-up company to market solar-powered irrigation pumps.
moreClaro Energy targets Solar Based Pumping
Bunty Singh is a large farmer in Bihar’s Gopalganj district. In the absence of reliable supply of electricity, he used to incur ~2.42 lakh a year on diesel because he had to depend on his diesel generator (DG) set and a 5-Hp pump to irrigate his 40 hectares of farmland. Last year, he bought a solar power solution for ~9.5 lakh and hopes to recover this cost in four years by saving on diesel expenses and maintenance of the DG set. Singh doesn’t mind the investment.
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Solar Powered Irrigation Pumps – Solving needs of Rural Population
Claro Energy (Claro) was founded in 2010 by two graduates of kellogg School of Management who were motivated to create a venture of lasting significance. Claro Energy offers solar-powered water pumping solutions to meet irrigation water and drinking water needs of rural population in power-deficit regions in India, like Bihar, by sourcing proven, reliable and high quality solar PV technologies.
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