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Probus Smart Things Pvt. Ltd. logo — We Make Things Talk

Probus Smart Things Pvt. Ltd.

We Make Things Talk

Founded 2017 India New Delhi, India 49 employees Series A Total: $245.50M Energy, IoT

General Information

Company Name Probus Smart Things Pvt. Ltd.
Founded Year 2017
Location India New Delhi, India
Employees 49
Industries Energy, IoT
Funding Stage Series A
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About Probus Smart Things Pvt. Ltd.

Probus Smart Things is a promising energy startup based in India with a clear mission to revolutionize the electricity industry. Founded in 2017, the company's slogan "We Make Things Talk" reflects its commitment to helping increase the per capita consumption of electricity in India by 10X. This vision is particularly significant as India's current per capita consumption is only 1/3 of the global average. With a focus on reducing distribution losses in the Indian electricity distribution grid, Probus Smart Things aims to significantly contribute to the country's GDP and provide reliable and quality power supply. The startup’s approach involves enabling distribution utilities to digitize their distribution grid through an integrated end-to-end IoT platform. By providing real-time visibility of asset performance, outages, root cause analysis, predictive and preventive maintenance through sensor data, and scheduling and tracking of on-field personnel, Probus Smart Things is at the forefront of driving efficiency and innovation in the energy sector. The recent INR245.00M Series A investment in March 9, 2023, led by Unicorn India Ventures, underscores the investor confidence in the company’s capabilities and potential to transform the energy landscape in India. As the company continues to make strides in achieving its ambitious goals, Probus Smart Things stands as a compelling player in the energy sector, positioned to make a significant impact on India’s electricity distribution grid and beyond.

Business keywords: Electricity distribution, Grid optimization, IoT platform, Distribution losses, Asset performance, Outage management, Predictive maintenance, Preventive maintenance, Reliable power supply, Quality power supply, Energy consumption, GDP impact, Technology innovation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A INR245.00M 1
Unicorn India Ventures
Unicorn India Ventures
09 Mar 2023
Convertible Note $500.00K 7
Unicorn India Ventures
Unicorn India Ventures, Anuj Khanna +5
18 Aug 2021
Seed Round Undisclosed 1
Unicorn India Ventures
Unicorn India Ventures
04 Aug 2020

Probus Smart Things Pvt. Ltd. Alternatives & Competitors

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FAQ About Probus Smart Things Pvt. Ltd.

We Make Things Talk
Probus Smart Things Pvt. Ltd. was founded in 2017.
Probus Smart Things Pvt. Ltd. is headquartered in New Delhi, India.
Probus Smart Things Pvt. Ltd. operates in Energy and IoT. Its work centres on Electricity distribution, Grid optimization, IoT platform and Distribution losses.
Probus Smart Things Pvt. Ltd. has approximately 49 employees.
Probus Smart Things Pvt. Ltd. has completed 3 funding rounds, raising a total of $245.50M. The latest funding stage is Series A.
Top alternatives and competitors to Probus Smart Things Pvt. Ltd. include N-Smart, Sentrisense, Zenatix by Schneider Electric, Resync, Electrical Grid Monitoring. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Probus Smart Things Pvt. Ltd. and N-Smart are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Probus Smart Things Pvt. Ltd., https://bouncewatch.com/company/probus-smart-things, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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