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Real-time data driven energy efficiency

India
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Name of the Company: Zenatix Solutions Pvt. Ltd.

Set up in: January 2014

Based in: Gurugram

CoFounder: Rahul Bhalla (CEO), Amarjeet Singh (CTO), Vishal Bansal (COO)

Funding received: Raised around $1.7 million so far. Received backing from leading funds in India including Blume Ventures and pi...


Name of the Company: Zenatix Solutions Pvt. Ltd.

Set up in: January 2014

Based in: Gurugram

CoFounder: Rahul Bhalla (CEO), Amarjeet Singh (CTO), Vishal Bansal (COO)

Funding received: Raised around $1.7 million so far. Received backing from leading funds in India including Blume Ventures and pi Ventures. Has also raised cash from angel investors, Rajan Anandan, Rahul Khanna, Kunal Bahl, Rohit Bansal and others.

What it does: Is a data-driven energy efficiency company that uses advanced machine learning based models and saves up to 30 per cent energy for large commercial consumers of electricity in sectors such as retail, banking, BFSI, hospitality. It looks to expand its services to office buildings, hotels, hospitals and industrial units.

How it does it: Through its product WattMan, an Internet of Things(IoT) based Building Management System (BMS) tailor-made for large commercial set-ups. It addresses energy challenges in an automated manner and delivers intelligent controls with predictive and preventive maintenance of electrical assets. It gives real-time updates if an air conditioner is malfunctioning/consuming more electricity powered by advanced machine learning algorithms and helps organisations reduce electricity consumption.

Big moment: Is the only company to build the entire product stack – hardware, firmware and software including the IoT platform. Complete control over the product stack is key to hardware robustness.

Impact: WattMan, launched around 15 months, has been installed in over 600 locations by leading retail chains and has consistently delivered savings of up to 30 per cent.

Vision: To deliver analytics driven energy efficiency with an aim of building a sustainable planet.

(This article was published on August 15, 2017)

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