Mynergy is solving the finance challenges that are hampering the energy transition. Our solutions enable distributed renewable energy projects across India. If you are an energy service company looking for investment in rooftop solar, energy efficiency or energy access projects, we can help.
Our team brings over 30+ years experience in clean energy, energy access, advisory and financing. We are entrepreneurial and have a passion for environmental and social impact, particularly at the bottom of the pyramid. We ensure the very best service, as is evident from our growing list of clients and cumulative installed capacity in both rural and urban areas.
Bhaskar started Mynergy with an aim of bringing low cost financing to solar rooftop, off-grid and grid-connected projects. Prior to founding Mynergy, Bhaskar worked as India Representative for leading environmental organization Natural Resources Defense Council (NRDC), where he supported development of policies to accelerate adoption of clean energy in India. His background includes cleantech manufacturing and investment. He has Bachelor and Master of Technology degrees in Chemical Engineering from Indian Institute of Technology Madras and an MBA from INSEAD.
Rustam is a serial entrepreneur and founder of Boond, a social enterprise providing energy access products and services in India. He is an expert on design of products and services for bottom of pyramid and consults with numerous institutions on emerging market entry and economics. Under his leadership, Boond has impacted over 100,000 rural lives, receiving various awards. Rustam has an MS in Electrical Engineering from the University of California, Irvine and an MBA from INSEAD.
Lalitha has more than a decade's experience in corporate credit risk assessment, credit structuring and financial restructuring across different markets and asset classes in Europe, Asia and Australia. Prior to Mynergy, she worked in Danske Bank in Denmark as a senior credit officer approving loans to large corporates. Prior to that, she worked on corporate and lending structures with multinational and private equity funds. Lalitha holds a Post-Graduate diploma in management from the Indian Institute of Management, Bangalore.
Vaishali is interested in creating transformative change through sustainable business. Her experience includes work with clean energy start-ups to address energy access in rural India. She has worked with sustainability innovators to build and test business models, and helped implement new solutions in challenging environments. She has a MSc in Environmental Change and Management from the University of Oxford and a MA in Social Entrepreneurship from the Tata Institute of Social Sciences.
Funding for Rural Microgrids
Mynergy successfully collaborated with partners: Frankfurt-based bettervest GmbH, New Delhi based Boond Engineering Pvt. Ltd., and Lighthaus Projects UG (haftungsbeschränkt) to raise funds for DC microgrids in rural Uttar Pradesh, India. The fundraising campaign was successfully completed in December 2018, raising 100% of targeted funds. Details are available here.