In a funding round headed by Transition Venture Capital and involving Indian Angel Network, WorkOnGrid, an AI native operations intelligence platform for utilities, raised Rs 22.5 crore.
In 2020, Start Up O Ventures gave the startup Rs 1 crore, and in 2022, IAN, Startup O, and other angel investors gave it Rs 5 crore.
According to a press release from the company, the new funds will be utilized to expand its global go-to-market initiatives, improve its AI and machine learning capabilities, and construct international infrastructure.
Udit Poddar, Shreyansh Jain, Aayush Agrawal, and Shaurya Poddar co-founded WorkOnGrid, an AI-native operations intelligence platform for gas, water, and electricity utilities. The company helps utilities increase productivity, dependability, and decision-making by facilitating real-time data integration, predictive analytics, and workflow automation. It uses a scalable deployment architecture and a SaaS model to support international utility providers.
The Bengaluru-based startup claims that it is developing a unified data intelligence layer for utilities in the gas, water, and power sectors that deal with disjointed systems, growing operational complexity, and a growing need for real-time decision making.
Smart meters, sensors, GIS, and financial systems are just a few of the sources of data that WorkOnGrid’s platform combines into one queryable environment. This makes automated workflows and sub-second insights possible.
A data lakehouse, operational intelligence, workflow automation, and AI-driven analytics are all part of the platform’s integrated architecture. This improves efficiency and dependability throughout critical infrastructure by enabling utilities to transition from reactive operations to predictive and increasingly autonomous decision making.
According to WorkOnGrid, it manages data from millions of smart meters and a significant portion of asset and field data produced by utility operations in addition to working with more than 20 utilities worldwide.
