Tuesday, 19 March 2013
Deal Alert: ADB invests $2-M in Simpa Networks
Posted on 21:06 by Unknown
Multilateral funding agency ADB has made an investment of $2 million (about Rs.1.08 crore) in Bangalore-based Simpa Networks, which offers a prepaid payment platform to enable affordable clean energy solutions for under-served consumers in India. Simpa was established in 2010 by Paul Needham, Jacob Winiecki and Michael MacHarg - entrepreneurs with a track record in energy access, micro-payments
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