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Aspiration

Venture Capital

India's first 120-degree Heat Pumps for hot water requirements.

Founded 2010 India Chennai, India 26 employees

1

Total Investments

1

Portfolio Companies

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Exits

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Industries

General Information

Company Overview

Founded 2010
Employees 26
Location India Chennai, India
Website aspcv.com

Investment Criteria

Investment Thesis

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About Aspiration

Aspiration Energy is an innovative Heating Solutions company based in Chennai, providing hyper efficient Heat pumps, decentralized solar thermal systemsfor industrial process heating, advanced high-temperature process heating using industrial heat pumps, Solar dryers and Heat pump dryers for industrial and commercial applications at attractive returns. a) Energy As A Service (EaaS) - Energy Efficiency and Thermal energy solutions including Industrial Heat Pumps on a monthly performance-based fee (PAYS) and PPU (Pay Per Unit (PPU - Rs/kCal heat delivered) b) Asset-light-model of connecting investors for off-grid solar power plants with end-users of solar systems. c) Addressing niche market segments - where solar is naturally economical even without Government support: example: Telecom towers, industrial process heating, rural electricity. d) Technology Innovation - Decentralized Energy Generation on a monthly payment model

Recent Investments (1)

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Company Stage Amount Date
Seed Round •••••• Nov 2022

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