Company lists
The India edition · 2026

Smart gridcompanies in India

Smart meters, smart cities, grid management, energy management, IoT and more: the companies building smart grid in India, with their founders, funding, team size and business models.

150 company profiles68 with reported revenue12 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent smart grid business events in India

Funding, M&A, contract wins and launches involving 184 smart grid companies in India, last 24 months: 8 M&A deals · 4 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart Infrastructure.

Smart Metering
FundingSeries B

Kimbal

Energy engineering company Kimbal Pvt Ltd on Thursday raised $22 million in a Series B funding round, led by sustainability-focused private equity firm, GEF Capital Partners.

Energy Engineering
M&AAcquisition · Announced

Multiple potential suitors (Brookfield, Macquarie, KKR, Actis) acquires IntelliSmart Infrastructure

Promoters of IntelliSmart are seeking an enterprise valuation of about $700 million (₹6,520 crore), the people said.

Smart Metering
M&AAcquisition · Rumored

Na acquires IntelliSmart Infrastructure

Mumbai: More than half a dozen potential suitors including global investors Brookfield, Macquarie, KKR, and Actis are in early-stage talks to acquire IntelliSmart Infrastructure, said…

M&AAcquisition · Announced

Genus Power Infrastructures acquires Newlectric Innovation Pvt Ltd

Genus Power said that on January 20, 2026, it entered into an agreement to acquire around 34.35 lakh equity shares of Newlectric Innovation, representing 86.49 per cent of its equity…

Smart Electricity Meters Manufacturing
M&AAcquisition · Announced

Genus power infrastructure acquires Newlectric Innovation

Genus Power Infrastructure has signed a share purchase agreement to acquire the remaining 86.49% stake in Newlectric Innovation, a smart meter manufacturer. The transaction involves the…

Smart meter manufacturing
FundingAngel

Kimbal

Kimbal Angel $4.63M Kush Sinhal , Amit Kumar and 65 more

Investors Kush Sinhal, Amit kumar, 65 more
Energy Tech, Environment Tech
M&AAcquisition · Announced

Waaree energies acquires Racemosa Energy (India) Private Limited

The acquisition, valued at approximately ₹53 crore through cash consideration, will make Racemosa Energy a step-down subsidiary of Waaree Energies once closing conditions are fulfilled.

Smart meter manufacturing
Funding

Probus

Enterprise AI startup Singulr AI led the segment with a USD 10 million seed round, followed by IoT and data analytics startup Probus.

FundingSeries A1

Probus smart things

Probus Smart Things, an IoT Communications and data analytics startup, has raised $5 million in funding in a Series A1 round led by Unicorn India Ventures.

IoT Communications and data analytics
M&AAcquisition · Announced

Vanguard Group acquires Genus power infrastructure

bought Genus Power Infrastructure shares for Rs 63.26 crore

Financial Services

Smart grid companies in India, by revenue

Browse smart grid companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 68 smart grid companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of smart meters, hybrid microcircuits, and power distribution management

Smart grid
₹2,524.59 crFY 2024-25
+98%2024–2025
3,835+65% 12 mo to Mar 2024LinkedIn · Jul 2026
34 yr1992
0none in 3 months · last posted Jul 2026

Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

Smart grid
₹963.87 crFY 2024-25
+335%2024–2025
734+194% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
6postings · last posted Sep 2026

Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

Smart grid
₹933.09 crFY 2024-25
+2986%2024–2025
981LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jul 2026

Provider of smart metering products

Smart grid
₹672.13 crFY 2024-25
+142%2024–2025
871+31% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of smart metering solution

Smart grid
₹667.39 crFY 2024-25
+637%2024–2025
54+100% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
1postings · last posted Sep 2026

Provider of SaaS-driven building energy management solution for residential and commercial properties

Energy efficiency tech
₹263.57 crFY 2024-25
+27%2024–2025
472+9% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Jun 2026

Provider of advanced metering infrastructure solutions, unified billing, and system integration

Smart grid
₹251.33 crFY 2024-25
+17%2024–2025
632-30% 12 mo to Aug 2023LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted Jun 2026

Manufacturer of energy measuring and management systems

Smart grid
₹240.81 crFY 2024-25
Not reported
136LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provides software platforms to monitor energy and water usage

Smart cities
₹212.38 crFY 2022-23
Not reported
1,073LinkedIn · Jul 2026
25 yr2001
6postings · last posted Sep 2026

Provider of smart-grid solutions to optimize energy generation

Smart grid
₹140.48 crFY 2024-25
+20%2024–2025
383+15% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
1postings · last posted Aug 2026

Manufacturer of energy meters and power factor correction equipment

Smart grid
₹130.47 crFY 2023-24
+24%2023–2024
132-2% 12 mo to Feb 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of energy meter and automatic metering solution

Smart grid
₹82.61 crFY 2021-22
Not reported
32+33% 12 mo to Sep 2024recorded Sep 2024
49 yr1977
—No postings tracked

Manufacturer of lithium-ion cells, battery modules, and energy storage solutions

Smart grid
₹69.31 crFY 2024-25
-11%2024–2025
196+11% 12 mo to Sep 2024recorded Sep 2024
10 yr2016
0none in 3 months

Provider of IoT-based billing and energy management solutions

Smart cities
₹65.14 crFY 2024-25
Not reported
100+26% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

AI-enabled IoT platform for infrastructure monitoring and management

Internet of things infrastructure
₹55.80 crFY 2024-25
+4%2024–2025
202-4% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Dec 2025

Provider of facility and environment management products

Property management tech
₹54.72 crFY 2024-25
-8%2024–2025
261+14% 12 mo to Aug 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufacturer of electronic systems and provider of industrial energy management solutions

Smart grid
₹50.81 crFY 2024-25
+43%2024–2025
30+30% 12 mo to Sep 2024recorded Sep 2024
43 yr1983
0none in 3 months

Smart metering manufacturer

Smart cities
₹49.01 crFY 2024-25
+210%2024–2025
16-97% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of gas meters for residential, commercial, and industrial applications

Smart grid
₹40.82 crFY 2024-25
-3%2024–2025
—Not available
6 yr2020
0none in 3 months

Wireless technology for IoT applications

Internet of things infrastructure
₹28.87 crFY 2024-25
+17%2024–2025
69-2% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of smart metering, solar solutions, and smart grid integration

Smart grid
₹26.82 crFY 2024-25
+171%2024–2025
62-14% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Current and voltage sensors

Smart grid
₹23.08 crFY 2022-23
Not reported
55-1% 12 mo to Sep 2024LinkedIn · Jul 2026
53 yr1973
0none in 3 months · last posted Apr 2026

Provider of smart metering devices

Smart grid
₹21.05 crFY 2024-25
+8%2024–2025
33-16% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Technology solutions provider for smart grid metering

Smart grid
₹17.42 crFY 2022-23
Not reported
379+194% 12 mo to Sep 2024recorded Sep 2024
15 yr2011
1postings · last posted Aug 2026

Provider of mesh wireless network solution for IoT

Smart grid
₹15.45 crFY 2022-23
+193%2022–2023
13-20% 12 mo to Mar 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months
50 of 150 companies shown here · the full list is on Radar
Fliar Radar

Explore all 150 smart grid companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open smart grid in India on Radar
  • Every company, not just 50All 150 smart grid companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore smart grid companies in India by what you are looking for

Find smart meter companies in India and the top smart grid companies building metering, grid monitoring and energy management technology. Browse smart grid technology providers, smart city and IoT energy solution makers, and smart grid startups in India.

8 ways to explore smart grid in India

Smart meter & metering companiesSmart city & utility technology companiesSmart grid management & monitoring companiesEnergy management & efficiency companiesIoT solution companies for smart gridsRenewable energy & solar technology companies

Smart meter & metering companies

Makers of smart meters, advanced metering infrastructure and automated meter reading systems for utilities.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Kimbal

    Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

    Smart grid
    See in list
  3. IntelliSmart

    Provider of smart metering products

    Smart grid
    See in list
  4. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  5. Avon Meters

    Manufacturer of energy measuring and management systems

    Smart grid
    See in list
58 companies in India

Smart city & utility technology companies

Providers of software and hardware that help cities and utilities monitor energy and water use.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Fluentgrid

    Provides software platforms to monitor energy and water usage

    Smart cities
    See in list
  3. Kalki Communication Technologies

    Provider of smart-grid solutions to optimize energy generation

    Smart grid
    See in list
  4. NSOFT

    Provider of IoT-based billing and energy management solutions

    Smart cities
    See in list
  5. Zenmeter

    Smart metering manufacturer

    Smart cities
    See in list

Smart grid management & monitoring companies

Companies offering grid monitoring, substation intelligence and distributed energy management solutions.

  1. Kimbal

    Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

    Smart grid
    See in list
  2. Fluentgrid

    Provides software platforms to monitor energy and water usage

    Smart cities
    See in list
  3. MB Control

    Manufacturer of electronic systems and provider of industrial energy management solutions

    Smart grid
    See in list
  4. Electrohms

    Current and voltage sensors

    Smart grid
    See in list
  5. ISTL

    Developer of cloud-based grid network monitoring solutions

    Property management tech
    See in list

Energy management & efficiency companies

Providers of energy monitoring, building energy management and energy analytics systems.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Elmeasure

    Provider of SaaS-driven building energy management solution for residential and commercial properties

    Energy efficiency tech
    See in list
  3. Kalki Communication Technologies

    Provider of smart-grid solutions to optimize energy generation

    Smart grid
    See in list
  4. NSOFT

    Provider of IoT-based billing and energy management solutions

    Smart cities
    See in list
  5. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list

IoT solution companies for smart grids

Companies building IoT platforms, sensors and connectivity for energy and infrastructure monitoring.

  1. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list
  2. Melange Systems

    Wireless technology for IoT applications

    Internet of things infrastructure
    See in list
  3. Tinymesh

    Provider of mesh wireless network solution for IoT

    Smart grid
    See in list
  4. TekUncorked

    AI-IoT driven distribution grid management platform

    Iot applications
    See in list
  5. VerveTronics

    Developer of IoT based asset monitoring and tracking solutions

    Iot applications
    See in list

Renewable energy & solar technology companies

Firms working on solar, energy storage and renewable asset optimisation for the grid.

  1. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  2. Probus

    Provider of smart metering, solar solutions, and smart grid integration

    Smart grid
    See in list
  3. Smartgrid Analytics

    Renewable asset optimization platform

    Renewable energy tech
    See in list
  4. Power Quality

    Provider of power quality solutions, solar products, and related engineering services

    Energy efficiency tech
    See in list
  5. Wenergie

    Provides battery management platform

    Smart grid
    Website

Smart grid startups in India

Newer smart grid and smart metering companies founded in recent years.

  1. Smartgrid Analytics

    Renewable asset optimization platform

    Renewable energy tech
    See in list
  2. Gemstar Infra India

    Provider of smart electric meters and deployment services

    Smart grid
    See in list
  3. Trillectric

    AI-powered platform offering distributed energy management solutions

    Smart grid
    Website
  4. Enerzolve

    Provider of engineering solutions for intelligent energy and grid systems

    Smart grid
    Website
  5. Varaahi

    Provider of smart meter solutions

    Smart cities
    Website
22 companies in India

Smart grid companies hiring in India

Smart grid and smart meter companies with open roles right now.

  1. Genus Power Infrastructures

    Manufacturer of smart meters, hybrid microcircuits, and power distribution management

    Smart grid
    See in list
  2. Kimbal

    Provider of advanced metering infrastructure, smart grid automation, and energy management solutions

    Smart grid
    See in list
  3. Avaada Electro

    Manufacturer of high-efficiency solar cells and modules for utility, commercial, and residential applications

    Smart grid
    See in list
  4. Electrify Energy

    Provider of smart metering solution

    Smart grid
    See in list
  5. Elmeasure

    Provider of SaaS-driven building energy management solution for residential and commercial properties

    Energy efficiency tech
    See in list
13 companies in India
Mobile reach

Top 10 smart grid apps from India

The most-installed Android apps published by smart grid companies headquartered in India — 4.7M installs between them. 25 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

BijliMitra

by Bcits

Installs3.4M
Rating3.8515K ratings
Installs, year on year+52%
Last updatedMay 2026
View on Google Play ↗
BijliMitra screenshot 1BijliMitra screenshot 2BijliMitra screenshot 3BijliMitra screenshot 4BijliMitra screenshot 5BijliMitra screenshot 6
2

Bharat Smart Services

by Coral Innovations

Installs521K
Rating—
Installs, year on year+26%
Last updatedJun 2026
View on Google Play ↗
Bharat Smart Services screenshot 1Bharat Smart Services screenshot 2Bharat Smart Services screenshot 3Bharat Smart Services screenshot 4Bharat Smart Services screenshot 5Bharat Smart Services screenshot 6
3

Xenius SEMS Plus

by Xenius

Installs190K
Rating—
Installs, year on year+42%
Last updatedFeb 2026
View on Google Play ↗
Xenius SEMS Plus screenshot 1Xenius SEMS Plus screenshot 2Xenius SEMS Plus screenshot 3Xenius SEMS Plus screenshot 4Xenius SEMS Plus screenshot 5Xenius SEMS Plus screenshot 6
5

ELNetPPS v3.0

by Elmeasure

Installs96K
Rating2.44361 ratings
Last updatedApr 2026
View on Google Play ↗
ELNetPPS v3.0 screenshot 1ELNetPPS v3.0 screenshot 2ELNetPPS v3.0 screenshot 3ELNetPPS v3.0 screenshot 4ELNetPPS v3.0 screenshot 5ELNetPPS v3.0 screenshot 6
7

Geourja Easy Survey GPRD

by GeoUrja

Installs78K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Geourja Easy Survey GPRD screenshot 1Geourja Easy Survey GPRD screenshot 2Geourja Easy Survey GPRD screenshot 3Geourja Easy Survey GPRD screenshot 4Geourja Easy Survey GPRD screenshot 5Geourja Easy Survey GPRD screenshot 6
The business behind the activity

Smart grid financials in India

Revenue, profit and growth from the filed annual accounts of 63 smart grid companies in India for FY24-25 — 81 of the 150 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,722.55 cr

63 companies filing accounts

combined net profit₹674.37 cr

8.7% aggregate margin

are profitable67%

42 of 63 companies

median revenue~₹8.3 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,385.69 crFY19-2053 filers
₹1,791.96 crFY20-2162 filers
₹2,061.80 crFY21-2263 filers
₹2,675.34 crFY22-2365 filers
₹3,830.27 crFY23-2464 filers
₹7,722.55 crFY24-2563 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 58 companies over three years

+126%
FY22-23₹2,568.35 cr₹96.68 cr net
FY23-24₹3,463.03 cr₹195.00 cr net
FY24-25₹5,812.99 cr₹483.17 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1619% profitable
₹1–10 cr1872% profitable
₹10–100 cr1889% profitable
₹100–1,000 cr1090% profitable
Over ₹1,000 cr1100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking17
0–20%15
20–50%10
50–100%7
Doubled+12

61 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

42profitable
21loss-making
8.7%aggregate margin
1.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED+637%₹667.39 cr
KimbalKIMBAL PRIVATE LIMITED+335%₹963.87 cr
ProbusPROBUS SMART THINGS PRIVATE LIMITED+171%₹26.82 cr
IntelliSmartIntellismart Infrastructure Private Limited+120%₹636.28 cr
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED+102%₹2,521.74 cr
Eppeltone EngineersEPPELTONE ENGINEERS LIMITED+57%₹125.74 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Coral InnovationsCORAL INNOVATIONS PRIVATE LIMITED
ElectrohmsELECTROHMS PRIVATE LIMITED23.7%₹48.59 cr
Avaada ElectroAvaada Electro Limited18.6%₹933.09 cr
Gemstar Infra IndiaGEMSTAR INFRA INDIA PRIVATE LIMITED
Kalki Communication TechnologiesKALKI COMMUNICATION TECHNOLOGIES PRIVATE LIMITED15.7%₹99.52 cr
IntelliSmartIntellismart Infrastructure Private Limited15.6%₹636.28 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Smart grid40₹6,887.72 cr~₹11.2 cr68%9.1%
Smart cities7₹270.63 cr~₹46 lakh57%5.3%
Leaders

Largest smart grid companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Genus Power Infrastructures, Genus Power InfrastructureGENUS POWER INFRASTRUCTURES LIMITED₹2,521.74 cr₹298.18 cr11.8%+102%
KimbalKIMBAL PRIVATE LIMITED₹963.87 cr₹15.99 cr1.7%+335%
Avaada ElectroAvaada Electro Limited₹933.09 cr₹173.30 cr18.6%>10×
Electrify EnergyELECTRIFY ENERGY PRIVATE LIMITED₹667.39 cr−₹10.00 cr-1.5%+637%
IntelliSmartIntellismart Infrastructure Private Limited₹636.28 cr₹99.04 cr15.6%+120%
ElmeasureELMEASURE INDIA PRIVATE LIMITED₹254.85 cr₹17.77 cr7.0%+27%
BcitsBcits Private Limited₹251.33 cr₹13.82 cr5.5%+17%
Avon MetersAVON METERS PRIVATE LIMITED₹240.81 cr₹9.78 cr4.1%-24%
FluentgridFLUENTGRID LIMITED₹203.43 cr₹14.98 cr7.4%-6%
RadiusRADIUS SYNERGIES INTERNATIONAL PRIVATE LIMITED₹134.39 cr₹15.48 cr11.5%+15%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full smart grid landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the smart grid landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Smart grid funding and M&A across India

39 recorded equity rounds have gone to 184 smart grid companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$27.10m

equity rounds, last 24 months7

US$40.03m

raised over five yearsUS$66.06m

16 rounds in India

M&A deals, India8

last 24 months

Capital by year

Equity funding into smart grid in India

amount rounds
$3.4m20183
$31k20191
$1.3m20203
$879k20213
$373k20221
$3.1m20232
$22m20244
$13m20253
$27m20263

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$21.64m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$4.66m2 rounds · median US$2.33m
SeedUS$6.48m8 rounds · median US$290k
Series AUS$32.92m5 rounds · median US$5.00m
Series BUS$22.00m1 rounds · median US$22.00m
Where the money went · five years

Most-funded sub-sectors

Smart gridUS$62.56m13 rounds · 7 companies
Renewable energy techUS$3.30m1 rounds · 1 companies
Smart citiesUS$207k1 rounds · 1 companies
Iot applicationsUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

8Acquisition

Most active acquirers

  1. Adani energy solutions2
  2. Multiple potential suitors (Brookfield, Macquarie, KKR, Actis)1
  3. Na1
  4. Genus Power Infrastructures1
  5. Genus power infrastructure1

Most acquired or merged

  1. IntelliSmart Infrastructure4
  2. Newlectric Innovation Pvt Ltd1
  3. Newlectric Innovation1
  4. Racemosa Energy (India) Private Limited1
  5. Genus power infrastructure1

Each deal appears in the events strip at the top of the page.

Smart grid funding in India

12 smart grid companies in India have recorded equity funding, US$78.68m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind smart grid companies in India. 99 of 150 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India smart grid companies by sub-sector

The most common specialisations among smart grid companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring smart grid in India and nearby markets.

Coming soon