Invested through |
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Asset Classes | Private equity |
Impact strategy | Sustainable Food and Agriculture |
Aligned with SDGs |
Ecozen Solutions in India improves the livelihoods for farmers by using renewable energy-based technology and innovation. It was founded in 2010 by three alumni of the Indian Institute of Technology, Devendra Gupta, Prateek Singhal and Vivek Pandey, with the vision to strengthen the perishable supply chain using tech-enabled products and solutions.
Products include Ecotron, a solar irrigation pump controler, and Ecofrost, a unique on-farm solar powered cold storage solution.
By scaling up its one of a kind, ‘Lease-a-Cold-Room’ model, Ecozen is looking to provide more access to cold chains for a large number of small and medium-sized farmers growing high value perishable commodities. Its portable solar cold rooms are designed to work even in low sunlight.
Farmers using the cold rooms have seen significant increases in their profits of up to 40%, as their perishable products can now be transported to better and further markets or kept until market conditions improve.