Founder of Boond Engineering & Development (P) Ltd.
2014 Climate Fellow
Boond creates a sustainable ecosystem for clean energy access through sales of solar systems financed by rural banks and micro finance institutions and serviced by trained local technicians. The Boond model eliminates the initial cost barrier that hinders the penetration of renewable energy products in remote poor areas and ensures that the systems last for the requisite life through reliable after sales service. Over the past two years, we have installed over 7500 systems in some of the remotest parts of India for rural businesses, micro-grids based charge stations, schools and milk diaries other than individual households.
Rustam Sengupta is the founder and CEO of Boond, a social enterprise that creates a sustainable ecosystem for sales and servicing of energy access products and services in India. He is an expert on design and data analysis for products and services for the BoP and has also been consulting to numerous universities and institutions on market entry and emerging market economics. Under his leadership, Boond has won a number of awards (ET Power of Ideas 2010, Nokia Global Challenge, UN Women etc.) and more importantly has impacted the lives of over 75,000 people in villages of India over the past two years. Rustam is an INSEAD MBA graduate and MS in Electrical Engineering from the University of California, Irvine. He has lived across three continents and worked in banking and consulting for companies like Standard Chartered (in Singapore), Syngenta (in Switzerland) and Deloitte Consulting (in the US).