Fund Raising for Power Electronics & E Vehicle Start Up


SunGarner Incepted in 2015 and has completed its Second year on 30th April 2017, is an emerging Solar Inverter Manufacturer and Solar Plants Organization. The vision is to become largest Electrical, Electronics, and Automation Product Company in next 10 years . The Company is founded by Sumit Tiwari and has done 74 Million INR/ 1.15 Million USD Business in 2016-17 recording a 700 % Growth in second year. Total Manpower Strength is now 17 persons which includes 4 in R &D, 5 In Customer Support , 4 in Projects ( Solar Rooftop Business ) and 2 in Sales. We are also aquiring factory space to start full fledged manufacturing of Solar Inverters in next two 3 months of time .

Our Target Industry :
Electrical and Electronics : Solar Inverters, Power supplies, Online UPS, Battery, Switchgear, Automation Market which is more than1 Billion USD Indian Market size per Annum ( Branded ), regular Market

E Vehicle Market : This market needs to be created by providing a whole ecosystem to selected cities initially. ( Detailed roadmap can be discussed seperately )

  1. Solar Inverter Inhouse Manufacturing
  2. Export Business ( Already has distributor in Nigeria )
  3. Solar Panel Inhouse Manufacturing.
  4. Long Term Leasing of Solar Plants
  5. E Vehicle Retrofit Kit for Small Cars ( Future market for Smart Cities & )
  6. Lithium Ion Batteries
    Milestones : We have more than 1700 Solar Inverters Installed for various PSU Banks through our Partners. Our Present Customers include Shapoor Ji Pallonji , DLF India, Smart Group ( Dr B. K Modi Group), NEC Japan for Solar Plants and other engineering products

We need funds to Ramp up our Sales , Marketing & R &D Initiatives, expand our Product Market base ,Development of E Vehicle Retrofit kits We are looking for an initial investment size of 5 Million USD .



Sounds interesting. I have access to over 200 PE/VC funds. Do send me a personal message with you contact details and we will take this further

Sanjeev Rao


Hey Sanjeev,

Ageln is working actively in Energy Efficiency space and in spite of decent track record we are facing difficulties in raising funds (Debt or Equity) for Working Capital requirements to accelerate our growth.

Please connect with me at sanjeevâ–

Kind Regards,