Aliste Technologies Raises ₹30 Cr to Expand AI-Led Energy Management Solutions
The Noida-based startup said the fresh capital will be deployed to deepen research into energy-focused technologies and expand distribution of its enterprise offerings.
Aliste Technologies has raised ₹30 crore in a Pre-Series A funding round led by Big Global JSC, with participation from existing investor YourNest Venture Capital and manufacturing partner HBeon Labs.
The Noida-based startup said the fresh capital will be deployed to deepen research into energy-focused technologies and expand distribution of its enterprise offerings. Aliste also plans to scale its technology and further expand its market reach.
Founded in 2021 by graduates of the Vellore Institute of Technology, the company initially operated as a direct-to-consumer smart home brand and gained recognition after appearing on Shark Tank India.
It has since pivoted toward enterprise energy management across sectors such as hospitality, co-living, retail, and commercial real estate.
“Aliste is building the intelligence layer for energy, helping enterprises monitor, control and optimise usage. Our core belief is that what is good for the planet is also good for business. Sustainability is not just an ESG checkbox, it is a financial lever,” Shreyansh Jain, Aliste Co-founder & CTO, said in a statement.
Aliste develops IoT-based systems that integrate with existing infrastructure to deliver real-time insights into energy consumption and costs. These solutions aim to reduce wastage and improve operational efficiency across large-scale facilities.
The company currently manages over 150,000 IoT assets across more than 20 cities and towns, handling nearly 3 million units of energy each month. Its tools are being deployed across multiple industries, helping businesses reduce energy leakage, improve billing transparency, and optimise usage.
Highlighting broader industry trends, Preetinder Panjrath, CFO at BIG Capital, said, “As AI adoption increases, energy costs are expected to rise significantly, impacting business margins. Aliste is positioned at the intersection of AI growth and rising energy demand, helping businesses manage this challenge.”
