Saturday, June 26, 2010

Greenlight Planet

Frontier Markets recently met with Greenlight Planet's team in Mumbai, India.






Greenlight Planet is an interesting company focusing on seling low-cost solar power lamps in rural India. Their main product, the Sun King Light, ranges to about rs. 850 or $19.00 per light.


The product has won a few awards and the model for delivering lights to villages is quite promising. Greenlight is currenly operating in 3 states: Orissa, Bihar, and Karnataka.


There are many synergies between Greenlight and FM. Stay tuned for updates on them.



For more info on Greenlight Planet, please visit: www.greenlightplanet.com

Latest Updates from Frontier Markets!

Dear Friends and Well Wishers,

It gives us great joy to share with you the big news... FM has secured investors for its first round of funding. We are now ready to begin our Discovery Phase with a new MFI partner, and product companies.

We are also welcoming our new advisor, Nicola Armacost, co-founder and managing director of Arc Finance to the FM team.

Frontier is adapting its model for consumer durables - focusing on energy products like solar power lamps, smokeless stoves, low cost coolers, and other products that help generate income, savings, or livelihood skills for low income households.


Additionally, FM will continue identifying strategic partners focusing on low cost, FMCG products for low income households as well.

Please continue following us as we spend the next month meeting social enterprises, product companies, and MFIs - evaluating their products and determining the final combo of partners for Fall 2010.

Thank you,

Frontier Markets Team