How the Three NITians quit their corporate jobs and built a bootstrapped venture. Now the business enterprise has reached nearly 10 Cr revenue
In 2016, Subham Charan grabbed the entrepreneurial plunge by quitting his employment to launch Varistor Technologies Pvt. Ltd. in Bengaluru and later joined by his friends Aman Jain and Akshaya Gupta (used to be classmates during college days).
“We started the venture in 2016 and launched it (solarclue.com) officially in 2019. Selling solar energy products online to support our Eco-system, we are witnessing annual revenues of up to Rs. 10 Cr. This year, we are eying the solar market with an expectation to generate revenue of INR 350 Million.”
A leap of faith when the thought struck him
After graduating from the National Institute of Technology, Meghalaya, in the beginning, Subham worked in an MNC- Hewlett for a year, but then, he started a conglomerate company – Varistor Technologies Pvt. Ltd. that is today known as India’s fastest-growing startup. The company runs three different in-house projects, i.e., Solarclue.com, Variexonline.com, and Variex.in.
Subham says, “Since my schooling day’s one thing has always stroked in my mind is executing something for the betterment of society and comfort of the general public. Therefore after completing my studies B.Tech in Electrical & Electronics Engineering, I started my venture with a motto to strengthening the social, environmental, and economic profitability of the entire human race. Though it took a big leap of faith to decide to try something new.”
Get associated with Solarclue.com
We (Subham, Akshaya, and Aman), three friends, did our research and found a lack of options among sustainable yet renewable energy products. It has led to the inception of SolarClue in 2016. Afterward, the website launched in 2018, and finally, it started operations in April 2019.
SolarClue’s Vision Statement
- Facilitating Solar Energy Adoption for the Green Future
- Establishing Energy Security
- Designing to Make Clean Energy aimed at Green Ecosystem
- Making Electricity Accessible in all Types of Terrains
According to Subham, their ideas were to start a sustainable brand intensely understanding greener environment conservation and people’s pain in terms of high electricity bills. Thus, we at Solarclue.com, are sincerely run the venture to offering cleantech solutions through Business-to-Business (B2B), Business-to-Customer (B2C), and Business-to-Government (B2G) models. We are proudly saying that in five years, SolarClue has touched into a fast-growing digital cleantech brand.
We at solarclue.com are playing a dynamic role by supporting millions of public to get connected digitally for providing solar energy solutions and solar-powered based products according to the necessities of different industries, be it a domestic, commercial, or industrial sector. Our cleantech solution/clean technology services are indeed beneficial that help in improving the environmental eco-system and boosting the business’ ecological unit.
Over the five years, Subham Charan and his co-founders have successfully added a wide range of solar products in varied categories, such as solar water heaters, solar power systems, solar inverters, solar panels, solar batteries, solar light, and many more solar appliances, manufactured on various premium brands. Thus, SolarClue is now able to acquire online yet powerful on a fast-growing, digital-solar durables brand.
A glimpse into SolarClue:
Get a sight of work, expertise, and achievement at SolarClue – one of the reliable yet fastest-growing solar services companies, based in Bengaluru, India. Here’s a glimpse of what SolarClue workings:
Key features of SolarClue: India’s trusted online SOLAR marketplace
- One-stop-shop for cleantech solutions, offering digitally
- AI-based Product Discovery Recommendation Engine
- Premium brands
- Exciting offers & Featured deals
- PAN India coverage
- Secured Payment System
- Part-payment driven order placement
- Installation & maintenance
- B2B, B2C & B2G Model
- Employment generation
- User-friendly interface
- Customer-centric approach
- Seamless onboarding of vendors & consumers
Our Esteemed Clients – SolarClue
We provide very good service to a wide assortment of clients and appreciate every opportunity to serve our valued customers! Over the years, we have built relationships with them by providing quality products as well as services. Some of our esteemed clients whom we gave complete utmost solar power solutions are as follows:
- Indian Army
- Haryana Govt.
- L&T: Larsen & Toubro
- Mangalam Biotech Research, New Delhi
- L Dylunio Empresa OPC Pvt. Ltd., New Delhi
- Battalion Army, Jammu & Kashmir and many more.
Varistor Technologies too encountered production challenges during the first wave and the second wave of COVID-19 like the several companies faced it already. Despite this, the CEO Mr. Subham Charan and co-founders and the team remain optimistic about the future.
The company has its plan to take its cleantech brand to reach international customers as well. Further, it has projected a design to expand its product line so that clients don’t face a lack of options in renewable energy or solar products.
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