Aliste Technologies Raises ₹30 Crore Pre-Series A Round Led by Big Global JSC

Aliste Technologies has raised ₹30 crore in a Pre-Series A round led by Big Global JSC, with participation from YourNest Venture Capital and HBeon Labs. The round includes a mix of equity and debt.

The company plans to use the funds to advance research on energy-focused solutions and to expand distribution of its enterprise offerings. It is also extending its solution scope into additional use cases across commercial spaces.

Aliste Technologies currently manages over 1.5 lakh active IoT assets across more than 20 cities and towns. The company reports that its systems contribute to a reduction of approximately 3,28,000 kilograms of CO₂ emissions per month.

Preetinder Panjrath, CFO of BIG Capital, commented, “As AI adoption accelerates energy cost will continue to accelerate the upward trend, which will negatively impact business operating margins and straining disposable incomes. Aliste Technologies energy management system is positioned at the intersection of AI adoption and higher energy costs and we expect them to be a prime beneficiary of this trend as it helps alleviate the structural rise in energy cost.”

Also Read: Offgrid Energy Labs to Use $15 Million for ZincGel Battery Production and Expansion

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