Boond is a solar energy company that provides both rural off-grid and urban rooftop solar solutions with a focus on quality, affordability, and professionalism. It has installed over 800 kW of solar capacity across India and has grown from winning startup competitions in 2010 to raising $500k from investors and implementing innovative projects like prepaid microgrids. Boond aims to address India's large energy deficit by transforming energy poverty into a market opportunity for solar power estimated to exceed $25 billion annually by next year.
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Boond - SXSW Eco 2015
1. www.boond.net
An solar energy company bringing in a high level of
commitment to quality, affordability and professionalism
with both rural off-grid as well as urban rooftop solutions
Rustam Sengupta (rustams@boond.net) | www.boond.net
Boond Engineering & Development (P) Ltd.
2. Boond
Incorporated &
Seed funded
by CIIE
(Winner of
Economic
Times- Power
of Ideas )
2
2010
2010
Winner of
UN
Foundation
Award &
Times Now
Amazing
Indian
Worked for
Ladakh Relief
providing Solar
Solution to over
1000 families
+
Recognized by
former President
Shri APJ Abdul
Kalam
2011
Raised
investment
from VC’s –
OPES, Rianta &
Individual
Investors
(~USD 500K)
Implemented
first of it’s kind
Prepaid
Microgrid
+
Winner of
Echoing Green
Climate
Change
Fellowship
(US)
Over 25,000
products &
systems installed
for over 800 KW
Capacity
+
Research
Partnership with
Columbia
University (USA)
& Aalto Univ.
(Finland)
Launch of
Solar On grid
Rooftop along
with
PV+Storage
Rooftop Urban
Systems
Partnership
with leading
rural banks in
UP & Rajasthan
+
10,000+
Products sold
along with
launch of solar
milk testing and
solar water
pumps
2011
2011
2012
2014
2014
2014
2015Growing strong one ‘boond’ at a time
www.boond.net
3. Transforming energy crisis to market opportunity
We estimate the total demand for solar energy will bypass 4000MW by next
year creating a huge market of about USD 25 Billion. While a significant
portion of this would be through the public sector, off-grid and urban rooftop
would also have decent share (nearly USD 4B)
Power Deficient Consumer:
High energy poverty with
supply falling short majorly
Solar Strong Producer:
One of the highest solar energy
availability in the world
www.boond.net
3
4. Our model is based on solar entrepreneurs
who setup the solar power plant on his/her
roof (through a capital support from a
philanthropic grant) while collecting payments
from the customers for servicing and
maintenance
www.boond.net
Plant Capacity: 30 KW
Location: UP
Plant Capacity: 15 KW
Location: UP
This year Boond has already installed over 800Kw of rooftop solar plants supported
by a team of 35 technicians and engineers with extensive on-ground experience.
Simple local solutions for complex global issues
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5. Demand driven products with high quality
servicing and affordable financial options
Solar Home Lighting Systems
Implemented 12,000+ decentralized Solar
Home Lighting Systems in last 3 years in the
range of 10Wp upto 300 Wp.
Solar Street Lighting Solution
Provide plethora of customized solutions in
street lighting with features including dawn
to dusk, auto dimming, etc.
Solar Water Pumping
Provides VFD based solutions, with MPPT,
along with online tracking of pump
operation.
Grid Interactive Solar Rooftop
Solutions
We have the technical capacity to
implement Grid –tied Solar Rooftop solution
as per requirement.
Solar Micro-Grids
Provides turnkey solutions for off-grid solar micro grids, ranging from surveys,
site analysis, system design, execution and operation and maintenance.
Boond is the only company in India to implement pre-paid solar micro grid,
with a business model similar to pre-paid sim cards.
www.boond.net
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6. Plant Capacity: 150 KW
Location: DMRC, HaryanaPlant Capacity: 5 KW
Location: Udaipur, Rajasthan
Plant Capacity: 5 HP Water Pump
Location: Udaipur, Rajasthan
Our passion is to implement challenging projects requiring
innovative engineering and strong technical competence
www.boond.net
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7. Our team is committed and devoted to India’s renewable energy dream, with over
30 years of cumulative experiences and strong backgrounds from the corporate
world and leading global universities
MBA from INSEAD Business
School and MS in Electrical
Engineering from University
of California
Over 10 years of work
experience in consulting and
banking with nearly 3 years
of direct development field
experience
Rustam Sengputa
Chief Executive Officer
Around 20 years of work
experience in India with
number of corporations and
start ups
Former Head of IT
department in Zee Media
and Consultant at Xansa, a
UK based company
Tarun Kalra
Chief Operating
Officer Graduate of Mechanical
Engineering from Indian
Institute of Technology (IIT),
Delhi. Over 5 years of
working experience in
Middle East with Energy
companies
Simran Grover
Chief Technology Officer
Research Associate from IIT-
Delhi, and
Over 7 years of in hand
experience in Solar industry
Ankit Malhotra
Head – Commercial
Projects
www.boond.net
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8. The committed team backed by advisors and mentors
is looking to transform the solar energy revolution
www.boond.net
Funding Partners
Bank Partners
Research Partners
Implementation Partners
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