Subject category:
Entrepreneurship
Originally published in:
2022
Version: 15-Sep-2022
Length: 14 pages
Data source: Field research
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Abstract
This is part of a case series. In 2018, the Swiss-based start-up hiLyte was founded by three young entrepreneurs, with the aim to offer a novel solution for clean, safe, on-demand and affordable electricity. hiLyte focuses primarily on sub-Saharan Africa, a region in which 40% of the population lives in extreme poverty, but hides enormous potential, since nearly 570 million people lack access to electricity, and the electrification rate is growing only slowly in some countries. The company offers electricity access to rural communities through the hiLyte Cube, a portable smart lamp with a high-capacity battery charged through an integrated system of solar panels. hiLyte's distribution channel builds on local agents who manage solar kiosks in rural villages. People, in turn, can rent the Cube via a mobile money payment system. The start-up began piloting and selling its products in Tanzania in 2018; however, several hurdles stood in hiLyte's way. The entrepreneurs have ambitious plans to exploit the potential of the hiLyte Cube and further grow the venture, and therefore, they face important decisions.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2021.Geographical setting
Region:
Europe
Countries:
Switzerland; Tanzania
Locations:
Neuchâtel, Switzerland;Dodoma, Tanzania
Featured company
hiLyte
Employees:
2-10
Type:
Self-owned
Industry:
Clean energy
Other keywords:
Clean Energy Batteries
About
Abstract
This is part of a case series. In 2018, the Swiss-based start-up hiLyte was founded by three young entrepreneurs, with the aim to offer a novel solution for clean, safe, on-demand and affordable electricity. hiLyte focuses primarily on sub-Saharan Africa, a region in which 40% of the population lives in extreme poverty, but hides enormous potential, since nearly 570 million people lack access to electricity, and the electrification rate is growing only slowly in some countries. The company offers electricity access to rural communities through the hiLyte Cube, a portable smart lamp with a high-capacity battery charged through an integrated system of solar panels. hiLyte's distribution channel builds on local agents who manage solar kiosks in rural villages. People, in turn, can rent the Cube via a mobile money payment system. The start-up began piloting and selling its products in Tanzania in 2018; however, several hurdles stood in hiLyte's way. The entrepreneurs have ambitious plans to exploit the potential of the hiLyte Cube and further grow the venture, and therefore, they face important decisions.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2021.Geographical setting
Region:
Europe
Countries:
Switzerland; Tanzania
Locations:
Neuchâtel, Switzerland;Dodoma, Tanzania
Featured company
hiLyte
Employees:
2-10
Type:
Self-owned
Industry:
Clean energy
Other keywords:
Clean Energy Batteries