Aliste Technologies raises Rs 30 Cr Pre-Series A funding from Big Global JSC

With participation from YourNest VC and HBeon Labs, Aliste Technologies, a startup focused on energy management and IoT solutions, has raised Rs 30 crore ($3.2 million) in a pre-Series A round led by Big Global JSC.

There is a combination of debt and equity in the round.

The money will be used to increase the distribution of its enterprise offerings and bolster research into energy-focused solutions.

Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam, and Shreyansh Jain founded Aliste in 2021 to offer energy monitoring and optimization services for commercial spaces.

Currently, the startup tracks about 3 million units of energy consumption each month and oversees over 1.5 lakh IoT assets spread across more than 20 cities.

Aliste provides solutions for co-living, retail, dining, and hospitality that assist companies in tracking energy consumption, cutting expenses, and enhancing operational effectiveness.

According to the brand, its systems have allowed for monthly savings of about 3,28,000 kilograms of CO2 and can lower energy bills by up to 20%.