Helping a European startup to implement in India

Abstract

24 September 2014. Karl Njalsson, Shared Electric co-founder and Iceland citizen, decides to move on to India for several months. The project he began with Anubhav Ratha a few months ago is beginning to take shape and it was about time to make it real. It all began one year ago. Back then, Karl & Anubhav were graduating at ETH Zürich from a Master in Energy Science and Technology. The following months preceding their graduation, the two friends were part of a 8-people group who aimed at building a NGO in India, as Anubhav came from the latter country. Firstly, the goal was to be able to electrify a rural village in a poor area. As the project went on, the team decided the idea should become sustainable and moneywise make sense. Graduation in the pocket, only Karl & Anubhav decided to move forward with the initial idea, and the duo started to look for a decent business model, and began to fly back and forth to India to begin Shared Electric activities.