Below is our recent interview with Asim Qureshi, Founder & CEO at ORkA:
Q: Could you provide our readers with a brief introduction to your company?
A: A clean tech company making energy efficiency easier in manufacturing and commercial buildings. Among the barriers to energy efficiency and sustainability is the potential to fail to realize returns on investment. In contrast to equipment or infrastructure investments that can show a clear return on investment, energy efficiency does not follow a straight line. By providing customers with clarity, we empower them to make an informed choice regarding their sustainability journey. A simple and guided data input process provides a report on the potential savings, options for solutions, and related return on investment. If the customer chooses one of the options based on their ROI, ORkA will completely finance, deploy, and manage the solution.
Q: Any highlights on your recent announcement?
A: To further complement our energy and sustainability offerings, we launched an advanced digital solution in August. Increasingly, we are seeing interest from businesses looking to make their operations more sustainable and energy efficient. The goal of our company is to help our clients understand that becoming energy efficient is one of the most profitable investments they can make, with numerous benefits such as future proofing businesses, giving them a competitive advantage, and accessing government grants.
Q: Can you give us more insights into your offering?
A: The process starts with a customer taking an assessment on the platform. Assessments are divided into basic and advanced categories. A customer enters data and receives instant results on potential savings and where they can come from. Those who want more detailed reports can opt for advanced assessments, which are fully digital and offer comprehensive reports, solutions, and costing options. ORka backs the solutions with full financing, meaning the customer doesn’t have to pay any capital upfront. We deploy and manage the entire solution for the duration of the contract, ensuring its performance. By doing this, customers can concentrate on their core business. We provide our customers with dashboards to monitor performance and gather data insights. Additionally, we provide our customers’ employees with a knowledge base on how to use the machines efficiently and in the best manner. We ensure energy conservation, sustainability, and emission reduction for our customers, thereby increasing operational efficiency and profitablity.
Q: What can we expect from your company in next 6 months? What are your plans?
A: Industrial and real estate portfolios are actively engaging with us. All of our efforts are aimed at reducing energy consumption for businesses. Here is where we believe we can make the biggest impact on lowering carbon emissions. Real, measurable, tangible, accountable, and not shifting my responsibility to others by buying carbon offsets. At the moment, there is enough technology available to reduce emissions and control climate change. Making it accessible is the challenge and thats what our goal is in the next six months. Partnerships with financial institutions will be announced to offer green finance to customers, as well as increased engagement with various manufacturing and commercial associations to promote the venture. In order to support the growth of the company, we will need to expand our team as well as raise funding to support growth.
Q: What is the best thing about your company that people might not know about?
A: We are built on family values, we carry those values into the solutions we provide. Unlike many others, we put our skin in the game by financing solutions, guaranteeing success and paying penalties if we fail to deliver. Data is the foundation of all our offerings, allowing customers to see how well a solution performs and holding us accountable for that performance. In addition to being a small startup, we’re also very multi-cultural and diverse. Right now, the company represents 5 nationalities, and our founders represent 3 nationalities. Last but not least, energy giant Engie has invested in us