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

17 Apr 2026 CW Team

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.

Building Material

17 Apr 2026

Shyam Metalics commissions Phase II CRM at Jamuria

Shyam Metalics and Energy has commissioned Phase II of its Cold Rolling Mill (CRM) facility at Jamuria, West Bengal, increasing total capacity to 0.40 million tonnes per annum (MTPA). The expansion, executed through its subsidiary Shyam Sel and Power Limited, includes a Dual Pot GI-cum-Galvalume line with a capacity of 0.15 MTPA. The facility commenced commercial production on April 16, 2026. The enhanced capacity strengthens the company’s position in value-added steel, enabling it to cater to high-growth sectors such as solar energy, automotive and consumer durables. The development is al..

Products

17 Apr 2026

Hafele launches Stanford Series modular lighting range

Hafele India has expanded its lighting portfolio with the Stanford Series, a modular range of luminaires designed for flexibility, customisation and visual comfort in contemporary interiors. Built on a modular approach, the series allows users to configure lighting by selecting components such as the light engine, baffle and mounting bracket, enabling up to 42 combinations. Options across wattage, beam angle, tilt and form factor support varied applications while maintaining design consistency. The inclusion of a Multiwhite Light Engine enables adjustment of colour temperature to suit differ..

Products

17 Apr 2026

SPAN FLOORS launches wide-plank Terrafina decking

SPAN FLOORS has launched Terrafina Exterior Decking, a wide-plank outdoor solution designed to create seamless visual continuity between indoor and outdoor spaces. A key highlight of the system is its 400 mm wide planks with lengths exceeding three metres, significantly larger than conventional decking formats. The wider dimensions reduce visible joints, delivering a cleaner and more architectural surface. Terrafina also introduces soft pastel wood tones, addressing a gap in outdoor materials where darker shades have traditionally dominated. The palette enables designers to extend interior f..