Orb Energy Pvt. Ltd.

Orb Energy Pvt. Ltd. focuses on providing comprehensive solar energy solutions including solar photovoltaic systems and water heating, catering to diverse clients across India. Founded in 2006 in Bangalore, India, Orb Energy Pvt.

Ltd. specializes in solar energy solutions. The company was founded by James Constant and is currently led by CEO Damian Miller. Orb Energy has completed 9 funding deals, with the latest round, a VENTURE DEBT of USD 20.

00 mn, raised on October 6, 2022, from the U. S. International Development Finance Corporation. The total amount raised by the company to date is USD 5.

05 mn. Orb Energy specializes in delivering comprehensive solar energy solutions, including ground-mounted and rooftop solar photovoltaic systems alongside solar water heating systems. These offerings are designed for various clients, including commercial, industrial, and residential sectors in India, particularly in Karnataka, Maharashtra, Andhra Pradesh, Gujarat, Odisha, and Uttar Pradesh. The company vertically integrates operations, manufacturing high-quality solar panels and offering unique collateral-free financing options to promote the adoption of solar technology among businesses.

In 2022, Orb Energy reported a revenue of USD 27. 56 mn with an EBITDA of USD 506,476. The revenue structure relies heavily on the sale and installation of solar energy systems, as well as collateral-free financing services that enhance customer transactions. The company engages in B2B relationships with clients, providing tailored services including site surveys and system designs, facilitating large-scale solar installations with financing agreements.

Following its most recent funding round in October 2022, Orb Energy plans to leverage the USD 20. 00 mn raised to enhance its facilities and expand its product offerings. The company is focused on launching new solar products aimed at increasing market penetration. Additionally, Orb Energy intends to explore new geographic regions for expansion, although specific markets and timelines have not yet been disclosed.