Aliste Technologies Raises ₹30 Crore to Expand Enterprise Energy Management Solutions
Noida, April 16, 2026: Aliste Technologies, an energy management and IoT startup, has raised ₹30 crore in a Pre-Series A funding round. The investment, which includes both equity and debt, was led by Big Global JSC (the corporate venture arm of Bitexco Group), with participation from existing investor YourNest Venture Capital and manufacturing partner HBeon Labs, the company said in a press release.
The company plans to use the new capital to expand its research into energy-aligned solutions and to improve the distribution of its services for businesses. Founded in 2021 by a group of VIT graduates, Aliste originally started as a direct-to-consumer smart home brand before transitioning into an enterprise provider for the hospitality, retail, and commercial sectors.
Aliste currently manages more than 1.5 lakh active IoT assets across 20 cities. Its technology acts as a monitoring layer for existing buildings, helping facility managers track and reduce energy consumption. In the co-living sector, the company has helped partners switch to prepaid energy models, while its systems for restaurants and retail shops use energy analysis to reduce bills by up to 20% and predict equipment failure.
Shreyansh Jain, Co-Founder and CTO of Aliste, explained the company’s focus on business efficiency. “Aliste is building the intelligence layer for energy – helping enterprises to monitor, control, and optimize usage across hospitality, co-living, and commercial spaces,” he said. Jain added, “Our core conviction is that what is good for the planet is inherently good for business. We are proving that sustainability is a critical financial lever, not just an ESG check-box.”
According to company data, Aliste manages approximately 3 million units of energy monthly. These efficiency measures save an estimated 3,28,000 kilograms of CO2 each month. The startup aims to increase these figures tenfold within the next year to expand its presence in India and international markets.
Preetinder Panjrath, CFO of BIG Capital, noted that rising energy costs are becoming a significant challenge for businesses. “As AI adoption accelerates, energy cost will continue to accelerate the upward trend, which will negatively impact business operating margins and straining disposable incomes. Aliste Technologies energy management system is positioned at the intersection of AI adoption and higher energy costs and we expect them to be a prime beneficiary of this trend as it helps alleviate the structural rise in energy cost,” Panjrath said.
