YourNest, Artha Venture led $1 M received by smart home automation startup Aliste Technologies
The new round led by YourNest Venture Capital and Artha Venture Fund brought $1 million to the smart home automation startup Aliste Technologies. Participating in the round were Dholakia Ventures, Anikarth Ventures, and KRS Jamwal, among others. The company currently has 100X.VC as one of its backers.
With a recent entry into the Bangalore market, Aliste Technologies is well-established in the Delhi-NCR region. The company intends to expand throughout India and strengthen its brand awareness campaigns with the additional funding.
Developed in 2021 by Aakarsh Nayyar, Anant Ohri, Bhavya Kansal, Konark Gautam, Shreyansh Jain, and Udit Pandoh, Aliste Technologies provides cutting-edge retrofit automation solutions that enable customers to utilize voice assistants or apps to control their current appliances. Subscriptions for these products start at Re1 per appliance per day.
The company’s portfolio includes clients like Vouchagram India, Stanza Living, and The Taj group of hotels, and it currently claims to have over 2,500 residential, commercial, and hospitality projects under its belt.
