# Paras Patel

> Paras Patel is a seed investor at E3 Capital (London) backing Energy and Solar. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [E3 Capital](https://shizune.co/investors/profile/energy-access-ventures)
- Location: London, United Kingdom
- Total investments: 9
- Last investment: Jul 2024
- Lead investor: 78%
- Last updated: Aug 2026
- LinkedIn: https://in.linkedin.com/in/paras-patel-55337510

Paras Patel is a seed investor at E3 Capital in London focused on Energy and Solar. Paras Patel - CoFounder and Managing Partner @ E3 Capital

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 2 | 22% |
| Solar | 1 | 11% |
| Internet | 1 | 11% |
| Payments | 1 | 11% |
| E-Commerce | 1 | 11% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 33% |
| Series A | 2 | 22% |
| Series B | 1 | 11% |
| Venture - Series Unknown | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Kenya | 4 | 44% |
| South Africa | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Plentify | Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems. |  | Venture - Series Unknown | Jul 22, 2024 |  |
| Badili | Badili is a one-stop shop for buying and selling used and refurbished phones. Founded in 2021 and is based in Nairobi. | $2M | Seed | Jan 09, 2024 |  |
| Cavex | Cavex provides Carbon credits made transparent and efficiency. | $6M | Seed | Oct 30, 2023 |  |
| Solarise Africa | Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa. | $10M | Series B | Sep 09, 2020 |  |
| Solarise Africa | Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa. | $2.2M | Series A | Jun 03, 2019 |  |
| Solarise Africa | Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa. | $1.1M | Series A | Nov 13, 2018 |  |
| PayGo Energy | Globally, three billion people cook with biomass. The use of open fires and inefficient cookstoves with fuels such as wood, charcoal, and kerosene causes serious environmental and health impacts that disproportionately affect underserved communities. PayGo Energy is a revolutionary cookstove solution and distribution system that enables consumersto access clean and efficient fuel at a price point that is within their daily energy budget. | $3.5M | Series A | Aug 29, 2018 |  |
| PayGo Energy | Globally, three billion people cook with biomass. The use of open fires and inefficient cookstoves with fuels such as wood, charcoal, and kerosene causes serious environmental and health impacts that disproportionately affect underserved communities. PayGo Energy is a revolutionary cookstove solution and distribution system that enables consumersto access clean and efficient fuel at a price point that is within their daily energy budget. | $3.5M | Series A | Aug 15, 2017 |  |
| PayGo Energy | Globally, three billion people cook with biomass. The use of open fires and inefficient cookstoves with fuels such as wood, charcoal, and kerosene causes serious environmental and health impacts that disproportionately affect underserved communities. PayGo Energy is a revolutionary cookstove solution and distribution system that enables consumersto access clean and efficient fuel at a price point that is within their daily energy budget. | $1.4M | Seed | Apr 21, 2017 |  |

9 of 9 investments shown.

## Co-investors
- [Novastar Ventures](https://shizune.co/investors/profile/novastar-ventures) — VC Fund, 3 deals together
- [Aster](https://shizune.co/investors/profile/aster-capital) — VC Fund, 2 deals together
- [EDFI ElectriFI](https://shizune.co/investors/profile/electrification-financing-initiative) — VC Fund, 2 deals together
- [Aster Capital](https://shizune.co/investors/profile/aster-capital-52a0) — VC Fund, 1 deal together
- [Fireball Capital](https://shizune.co/investors/profile/fireball-capital) — VC Fund, 1 deal together
- [FSD Africa](https://shizune.co/investors/profile/fsd-africa) — VC Fund, 1 deal together

## About E3 Capital

VC Fund · Paris, France

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

3 contacts available at E3 Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Paras Patel | CoFounder and Managing Partner | https://shizune.co/investors/profile/paras-patel-2 |
| Vladimir Dugin | Managing Partner and CEO | https://shizune.co/investors/profile/vladimir-dugin |
| Ravinder Sikand | Senior Partner | https://shizune.co/investors/profile/ravinder-sikand |

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- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Paras Patel invest in?

Paras Patel invests primarily in Energy, Solar and Internet startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Paras Patel last invest?

The most recent investment recorded for Paras Patel closed in Jul 2024. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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