This report by India’s Centre for Development Finance at the Institute for Financial Management and Research (CDF-IFMR) and the World Resources Institute’s New Ventures Program, seeks to enhance the understanding of the investment potential of the clean energy industry serving India’s rural poor. The report showcases eleven companies selling innovative products and services to meet the energy needs of the rural poor. It also analyses both the market opportunities and the challenges to scale up within this industry and highlights the role of the government and of non-profits.