PE-VC Fund Investments
Home automation startup Aliste Tech raises Rs.30-Cr led by Big Global JSC
Noida-based smart home automation startup Aliste Technologies has raised INR 30 crore (USD 3.2 million) in a pre-Series A round comprising equity and debt. Big Global JSC led the round, with existing investors YourNest Venture Capital and Hbeon Labs participating.Founded in 2021 by Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam, and Shreyansh Jain, Aliste develops IoT-led solutions for energy management in residential and commercial settings.The new funds will be used by the firm to expand its research and development for energy-efficient solutions, enhance distribution network, and broaden its product portfolio.
Between Sep 2022 and Dec 2023, Aliste had attracted about USD 3 M from Big Capital, Artha India Ventures, Dholakia Ventures, YourNest and others.For FY25, Aliste had reported about INR 2 Cr in Operating Income and about INR 4 Cr in Net Loss.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
