Aliste Technologies Raises Rs 300 Mn in Pre-Series A led by Big Global JSC
POWER & RENEWABLE ENERGY

Aliste Technologies Raises Rs 300 Mn in Pre-Series A led by Big Global JSC

Energy tech and IoT solutions provider Aliste Technologies has raised Rs 300 million in a Pre-Series A funding round, comprising a strategic mix of equity and debt. The round was led by Big Global JSC, the corporate venture arm of the Bitexco Group, with participation from existing investor Yournest Venture Capital and manufacturing partner Hbeon Labs.

The company said the funds will be utilised to strengthen research and development of energy-aligned solutions and to expand distribution. Aliste is also widening its solution scope as it targets new opportunities in enterprise energy optimisation.

Founded in 2021 by VIT batchmates Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam and Shreyansh Jain, Aliste began its journey as a D2C smart home brand and appeared on Shark Tank India Season 1. Over time, it has evolved into an enterprise-focused energy management provider offering end-to-end solutions across hardware and software.

“Aliste is building the intelligence layer for energy - helping enterprises to monitor, control, and optimize usage across hospitality, co-living, and commercial spaces," said Shreyansh Jain, Co-Founder & CTO of Aliste.

“Our core conviction is that what is good for the planet is inherently good for business. We are proving that sustainability is a critical financial lever, not just an ESG check-box”, he added.

Aliste’s proprietary technology integrates directly into existing facilities, enabling businesses to gain real-time visibility into energy consumption and costs. The company delivers impact across key segments including co-living, retail, restaurants and hospitality. Its offerings include smart energy monitoring systems that support prepaid billing models, energy management solutions for high-traffic outlets such as QSRs, and revenue leakage monitoring tools for hotels.

Commenting on the investment, Preetinder Panjrath, CFO of BIG Capital said, “As AI adoption accelerates energy cost will continue to accelerate the upward trend, which will negatively impact business operating margins and straining disposable incomes. Aliste Technologies energy management system is positioned at the intersection of AI adoption and higher energy costs and we expect them to be a prime beneficiary of this trend as it helps alleviate the structural rise in energy cost.”

Aliste said it currently manages around 3 million units of monthly energy volume across more than 1.5 lakh IoT assets. Through its efficiency measures, the company claims it is on track to save nearly 3,28,000 kilograms of CO2 every month, equivalent to planting more than 13,000 mature trees monthly.

The startup aims to scale its operations significantly over the next year and position itself as a leading energy management player in India and international markets.

Energy tech and IoT solutions provider Aliste Technologies has raised Rs 300 million in a Pre-Series A funding round, comprising a strategic mix of equity and debt. The round was led by Big Global JSC, the corporate venture arm of the Bitexco Group, with participation from existing investor Yournest Venture Capital and manufacturing partner Hbeon Labs.The company said the funds will be utilised to strengthen research and development of energy-aligned solutions and to expand distribution. Aliste is also widening its solution scope as it targets new opportunities in enterprise energy optimisation.Founded in 2021 by VIT batchmates Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam and Shreyansh Jain, Aliste began its journey as a D2C smart home brand and appeared on Shark Tank India Season 1. Over time, it has evolved into an enterprise-focused energy management provider offering end-to-end solutions across hardware and software.“Aliste is building the intelligence layer for energy - helping enterprises to monitor, control, and optimize usage across hospitality, co-living, and commercial spaces, said Shreyansh Jain, Co-Founder & CTO of Aliste.“Our core conviction is that what is good for the planet is inherently good for business. We are proving that sustainability is a critical financial lever, not just an ESG check-box”, he added.Aliste’s proprietary technology integrates directly into existing facilities, enabling businesses to gain real-time visibility into energy consumption and costs. The company delivers impact across key segments including co-living, retail, restaurants and hospitality. Its offerings include smart energy monitoring systems that support prepaid billing models, energy management solutions for high-traffic outlets such as QSRs, and revenue leakage monitoring tools for hotels.Commenting on the investment, Preetinder Panjrath, CFO of BIG Capital said, “As AI adoption accelerates energy cost will continue to accelerate the upward trend, which will negatively impact business operating margins and straining disposable incomes. Aliste Technologies energy management system is positioned at the intersection of AI adoption and higher energy costs and we expect them to be a prime beneficiary of this trend as it helps alleviate the structural rise in energy cost.”Aliste said it currently manages around 3 million units of monthly energy volume across more than 1.5 lakh IoT assets. Through its efficiency measures, the company claims it is on track to save nearly 3,28,000 kilograms of CO2 every month, equivalent to planting more than 13,000 mature trees monthly.The startup aims to scale its operations significantly over the next year and position itself as a leading energy management player in India and international markets.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code