At the beginning the company got funding in form of equity from Norfund

At the beginning the company got funding in form of

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At the beginning the company got funding in form of equity from Norfund Investment Fund. It also received grant funding from beyond the Grid and Shell foundation. Being a sustainable enterprise in the targeting developing countries, it was able to get funds from the Norfund Fund. Shell foundation was motivated to support d.light’s mission of providing solar energy to poor households in the world. (Barringer & Ireland, 2016). List all the investors in d.light and amounts of investment. Norfund investment Fund $5 million Beyond the grid and shell foundation $5.5 million Other key investors include KawiSafi Ventures, OMIDYR NETWORK, Gray Ghost Ventures, NewQuest, Acumen, Nexus Venture partners among many others which have contributed large sums of capital to the company. Recommendations for future development of the company I would recommend that the company diversify its services to remain afloat. The company should also put up measures to educate other poor and resistant people about the benefits of d.light. It should also form more partnerships to enable it get sufficient funds to achieve its main goals. The company should also recruit skilled personnel most of whom are the locals. It should make corporate and social responsibility a major priority. References Barringer, R.B. & Ireland, R.D. (2016). Entrepreneurship - Succesfully Launching New Ventures. 5th ed. Pesrson
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D.LIGHT CASE ASSIGNMENT 4 Coughlan, A. T., & Neuwirth, B. (2017). d.light Design: Marketing channel strategies in India
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