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Smart Joules logo — Eliminating energy waste through innovations in continuous e...

Smart Joules

Eliminating energy waste through innovations in continuous energy optimization.

Founded 2014 India New Delhi, India 208 employees Debt Financing Total: $957.00M Energy

General Information

Company Name Smart Joules
Founded Year 2014
Location India New Delhi, India
Founders / Decision Makers
Team member Team member
Employees 208
Industries Energy
Funding Stage Debt Financing
Social

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About Smart Joules

Smart Joules is an energy startup with a mission to eliminate energy waste through continuous energy optimization. Their offerings include JoulePAYS, which allows for energy savings with no upfront investment and zero risk through a Pay-As-You-Save (PAYS) Agreement. Additionally, DeJoule enables energy and process parameter monitoring and optimization using energy optimization algorithms, while JouleCOOL provides sustainable cooling services with a build-own-operate-maintain-automate-optimize model. The company, founded in 2014 and headquartered in India, boasts an impressive client base and has garnered support from prestigious organizations such as NITI Aayog, The World Bank, Asian Development Bank (ADB), and the International Energy Agency (IEA). Their most recent financing round saw a INR660.00M debt financing investment at 29 February 2024 from IFU. Smart Joules' innovative solutions, strong client base, and notable investor backing present a promising investment opportunity in the energy sector.

Business keywords: Energy optimization, Energy efficiency, Smart buildings, IoT devices, Greenfield projects, Industrial automation, Energy management, Pay-As-You-Save (PAYS), Central cooling systems, Data monitoring, Process optimization, Renewable energy, Energy technology, Building automation

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing INR660.00M 1
IFU
29 Feb 2024
Series A INR297.00M 6
ADB Ventures Sangam Ventures cKinetics Accelerator
ADB Ventures, Sangam Ventures +4
17 Mar 2021

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FAQ About Smart Joules

Eliminating energy waste through innovations in continuous energy optimization.
Smart Joules was founded in 2014.
Smart Joules is headquartered in New Delhi, India.
Smart Joules operates in Energy. Its work centres on Energy optimization, Energy efficiency, Smart buildings and IoT devices.
Smart Joules has approximately 208 employees.
Smart Joules has completed 2 funding rounds, raising a total of $957.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Smart Joules include The Efficiency Network, SolarGaps, Metrikus, Zenatix by Schneider Electric, Fabriq (acquired by Deepki). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Smart Joules and The Efficiency Network 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 Smart Joules, https://bouncewatch.com/company/smart-joules, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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