Lytyfy Progress Story – Small but significant changes go a long way
I am Vishnu, co founder of Lytyfy. Lytyfy is a clean energy investment platform and the idea of Lytyfy germinated during our stay in rural Bihar. Lack of basic energy services was a problem that me and my cofounder, Deepak faced during our stay in rural Bihar where we understood the need and impact of basic energy services. We wanted to do our best to address the issue and found out that solar energy was a viable proposition and decided to go ahead. Solar products, despite solving the needs of the customers did not have wide acceptance as they were perceived to be costly and high maintenance.
We realized that if one has to increase the adoption of solar energy products in rural areas then the focus has to be on the twin issues of end user financing and last mile service delivery. We have continued to focus on these two aspects in our venture.In 2015, we got an opportunity to be part of GAP. The platform of GAP helped us to get suggestions and valuable feedback from various other changemakers, catalysts on our idea which helped us in shaping our venture. We got to know about the journeys of various other founders and it gave us a good indication about what we were getting into.
As part of GAP 2016, Mr. Ramesh Sreedharan was assigned as a mentor. We have had regular discussions with him which focused on our personal understanding of various aspects related to an organization and its growth. It helped us in understanding the circumstances in a better way. It has helped us in overcoming our personal biases and prejudices which has led to effective handling of situations. We have channelized our energies better and a considerable impact can be seen on the overall performance of our organization. I would like to thank GAP family for their continuous support and encouragement in our endeavor.