CEO at Simpa Networks
Mr. Piyush Mathur is the Chief Executive Officer (CEO) of Simpa Networks, an award-winning energy access company bringing energy to unelectrified and under-electrified households and shops in rural India. Under Mr Mathur’s leadership, Simpa has employed innovative financing structures to make solar energy affordable and accessible to rural people. Simpa is now expanding its footprint across India. The path-breaking model established by Simpa marrying Fintech with Cleantech, is changing the lives of people and is also opening up possibilities for taking clean energy to over 1 billion people in Asia and Africa who do not have reliable access to energy.
Mr Mathur is a private equity and corporate finance professional with over 15 years’ experience in Investments, Cross-Border M&A and Capital Raisings. Immediately before Simpa, Mr Mathur was a Director at Kleinwort Benson Bank in London where he established and led the Principal Investments business. During this time, Mr Mathur led investments in the renewable energy space ranging from distributed micro power to utility-scale solar mini-grids in Europe. Mr Mathur also invested in emerging market development businesses e.g. a sustainable agro-forestry and fisheries business in West Africa, demonstrating how commercial investments can be structured for developmental businesses operating in high country-risk regions.
Earlier, Mr Mathur was a partner in a private equity firm based out of London, where he originated, invested and managed a number of investments in high-growth cleantech and TMT businesses, several of which like Envirofone in UK established themselves as category leaders. Prior to that, Mr Mathur was at KPMG where he advised global corporations like Cisco and Cemex on acquisitions in US, Europe and India.
Mr Mathur has also worked in Strategy Consulting with Marakon Associates where he advised the Board of BP on reconfiguring their Alternative Energy portfolio to attract external capital.
Mr Mathur is a qualified Chartered Accountant and has received MBA from London Business School.
Simpa Networks, the leading pay-as-you-go solar company in India, combines clean energy solutions, point-of-sale financing and doorstep service to make clean power simple, affordable and accessible to everyone. Simpa uses proprietary remote asset monitoring and mobile payments technologies to facilitate affordable credit. The SmartPanel technology enables financial inclusion and energy access for the unbanked and energy-poor in villages and towns across rural India. The company is empanelled by India’s Ministry of New and Renewable Energy (MNRE). For more, visit www.simpanetworks.com