NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, October 31, 2016

D.light, a for-profit social enterprise that manufactures and distributes solar-powered products aimed at “off-grid” communities, has raised $7.5 million in a debt financing round from investment management company Developing World Markets.

Founded in 2007, D.light makes myriad solar lighting products and claims five distribution hubs around the world, spanning the U.S., East Africa, West Africa, India, and Southeast Asia. The company also offers the D30 bundle, which constitutes a solar panel, battery-charging pack, solar lights, switches, FM radio, and a torch, all underpinned by D.light’s pay-as-you-go platform.