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Dear All, I have open my new company. I have ready made project for a publication house, i am looking for a finance for the same. how can i get venture capital for the same? kindly advice
Subject - VENTURE CAPITAL FOR A 'FOR PROFIT LIGHTING PROJECT' FOR THE BOTTOM OF PYRAMID

Hi!!

As a modest contribution to the underpriviledged in society ,we wish to develop and provide a lighting kit for the Urban poor in India who have no reliable access to grid electricity.Following is the brief introduction abour our For Profit 'Not For Profiteering' project "LAMP" (Lighting A Million Places) .

India has millions of hawkers (Delhi alone has over 300,000 hawkers) who have no access to grid electricity at their place of work/residence .Most of them are poor migrants earning less than $2/day.They use kerosene lanterns, petromax to light up their carts & wares . Many pay heavy rentals to unscruplous contractors who provide them with an electric connection through diesel generators.

Our project LAMP aims at empowering the poor hawkers and households to earn a dignified & respectful life by providing them at their place of work , a cost saving, healthy, affordable & environment friendly LED based lighting kit as an alternative. We believe that our project can offer users sustainable light and energy that will translate to increased incomes, furtherance of education, household safety, a cleaner indoor and outdoor environment and significant economic savings.

There are many suppliers and manufacturers of Solar lanterns /LED lighting kits etc catering to the Work lights/emergency lighting business.Most of these lanterns/ kits are designed for camping purposes hence are unsuitable ,unaffordable and inadequate to light up wares and therefore fail to meet the lighting requirements of the urban poor/ hawkers. After throughly researching and studying the user requirements we have prepared a prototype of a lighting kit which addresses the requirements of the users .

Our portable, lighting kit consists of a 12V, LED bulb which gives out powerful light at a wide beam angle .This light is equipped with 12V rechargeable battery capable of giving light for >12 hours on full battery.The battery is chargeable through 220V, AC mains and also through solar panels#.This light is equipped with a 1.1mtr long and flexible hanging arrangement connected to a battery box with inbuilt controller for charging battery.

The prototype of the product is ready and currently undergoing test marketing.The initial response is very good

and promising.Each lighting kit costs approx Rs1500.We propose to sell 100,000 lighting kits/year through direct marketing, rentals ,hire purchase , micro financing etc.

I need to raise finance for this project.A project report/power point presentation is required

for submitting to venture capitalists .

Anyone with requisite knowledge can contact me.

Arun Jain

M:+919810507108

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