Aliste Technologies raises ₹30 Cr ($3.2m) in a Pre-Series A round led by Big Global JSC, and YourNest Venture Capital and Hbeon Labs.
Aliste Technologies focus on smart home automation, and have since evolved into enterprise energy management helping to reduce energy water, and improving billing efficiency. The future plans of the company is to focus on energy-efficient solutions, improve distribution, and broaden product portfolio.
Founded in 2021 by VIT batchmates Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam, and Shreyansh Jain, Aliste Technologies is building IoT-led solutions for residential and commercial use. The company claims that its products help users cut electricity consumption from 30% to 15%.
Aliste Technologies in its infancy focused on smart home automation, offering retrofit devices such as switches and sensors that can be controlled via mobile apps or voice assistants, including Alexa, Google Home and Siri. These systems are manufactured to work with existing wiring, eliminating the need for major infrastructure changes.
As the platform grew Aliste Technologies expanded into enterprise energy management, catering to co-living operators, hospitality players and retail businesses. Its technology operates as a smart layer over existing buildings, enabling real-time tracking of electricity consumption. This helps in reducing energy wastage and improving billing efficiency.
In co-living spaces, its monitoring systems plug into existing electrical panels to locate energy leaks and allow billing to be more transparent. For retail stores and restaurants, especially high-footfall outlets, Aliste’s systems track the efficiency of the equipment being used.
In addition, Aliste offers other products such as motion sensors, touch switches, and smart gate systems, backed by analytics which provides insights into energy consumption.
Aliste Technologies advises it manages around three million units of energy each month across more than 1.5 Lakh IoT devices. It estimates that its platform solicitations help save about 3.28 Lakh kg of CO2 monthly.
The startup so far has raised $4m in total funding to date since inception, including a $1m seed round in December 2023.
The development arrives at a time when startups are proactively reshaping the energy management segment by building smarter IoT-enabled products designed to address everyday issues like high electricity usage, limited connectivity, and the increasing demand for more personalised experiences.
Overall, India’s home appliances market is projected to grow to $117bn by 2033. Within this, the smart home segment is gaining momentum and is expected to reach $19.31bn by 2030, growing at around 30% annually.
 in a Pre-Series A round, to focus on broadening its product portfolio.){kind=link}