PE-VC Fund Investments
Building automation startup Enlite raises Rs.46-Cr led by Avaana Capital
Enlite , a Mumbai-based infra automation company, has raised INR 46 crore (about USD 5 million) led by early-stage investment firm Avaana Capital. The round also saw participation from Claypond Capital, the family office of Manipal Group chairman Ranjan Pai.The funds will be used to expand into international markets such as West Asia and Southeast Asia, improve edge artificial intelligence (AI) and telemetry capabilities, increase deployments in airports, data centres, public infrastructure and hospitality, and set up integration and go-to-market teams for enterprise and government clients.Founded in 2017 by Gaurav Bali and Garima Bharadwaj, the company offers a plug-and-play automation system that replaces traditional building management systems with compact wireless hardware, edge intelligence and AI-driven controls to make buildings and infrastructure respond in real time.
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