Oolu

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Oolu was founded in 2015 by Nilmi Senaratna and Dan Rosa, and incubated in Y Combinator. The company’s mission is to provide off-grid households with high quality products at an affordable price. For a low monthly fee, paid through mobile money, Oolu installs a pay-as-you-go solar kit that can power various in-home devices such as lights, phone chargers, radios, fans and televisions, and performs any necessary maintenance, including free battery replacements and system upgrades. The offer appeals to off-grid clients who often struggle with unreliable and dangerous lighting sources, such as flashlights, candles and kerosene, and are forced to walk long distances to charge their phones. The company’s mission is provide sustainable energy and financial services to the 150 million people living off-grid in West Africa. Leveraging business solutions to address energy poverty and financial exclusion, Oolu provides high-quality products, local-language customer service, and market-adapted finance plans to rural communities across the region. With ambitious plans for regional growth and product innovation, Oolu remains focused on creating energy access and financial inclusion for all, creating new opportunities for off-grid communities. For more information, see oolusolar.com and follow Oolu on Facebook, Twitter and LinkedIn.

Company Details

Employees
154
Founded
-
Address
44, Liberté Vi Extension Nord, Dakar,dakar 11000,senegal
Email
in****@****lar.com
Industry
Renewable Energy Semiconductor Manufacturing
NAICS
Semiconductor and Other Electronic Component Manufacturing
HQ
Dakar, Dakar
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News

Oolu, a West Africa-based Solar Pay-As-You-Go Distributor, raises $8.5 million in Series B round with RP Global as lead investor, All On and Persistent Energy, among others - Businessday NG

Oolu, a West Africa-based Solar Pay-As-You-Go Distributor, raises $8.5 million in Series B round with RP Global as lead investor, All On and Persistent Energy, among others Businessday NG

All On is ‘The’ Enabler - Africa Oil+Gas Report

All On is ‘The’ Enabler Africa Oil+Gas Report

The $3.2 Million Funding to Boost A Senegalese Solar Startup - Tech In Africa

The $3.2 Million Funding to Boost A Senegalese Solar Startup Tech In Africa

Oolu Solar Is Taking On Nigeria’s $2 Billion A Year Solar Home System Market - TechCabal

Oolu Solar Is Taking On Nigeria’s $2 Billion A Year Solar Home System Market TechCabal

Westa.solar secured 1.5m euro mezzanine loan to develop additional C&I solar projects in Nigeria and commissioned a 350kWp new solar installation - TechCabal

Westa.solar secured 1.5m euro mezzanine loan to develop additional C&I solar projects in Nigeria and commissioned a 350kWp new solar installation TechCabal

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