Summary
Enlog, a Delhi-based energy management startup, has raised Rs 1.75 crore in equity funding from Vinners. Founded in 2019 by Bharath Rankawat and Jharna Saha, Enlog provides AI and IoT-powered solutions that optimise electricity usage and help businesses reduce carbon emissions. With plans to expand into major Indian cities and triple revenue by 2025, the company is on a mission to drive energy efficiency and sustainability.
Enlog’s Path to Powering Sustainable Energy with Vinners’ Support
In a significant boost to India’s energy efficiency landscape, Enlog has secured Rs 1.75 crore in equity funding from Vinners. The fresh investment is set to accelerate Enlog’s mission to promote sustainable energy practices across Indian businesses, as they work towards optimising electricity usage, lowering costs, and minimising carbon footprints.
Enlog’s Roots and Ambitions
Founded by Bharath Rankawat and Jharna Saha in 2019, Enlog has quickly gained traction with its AI-powered, IoT-driven energy management solutions. Designed to analyse and optimise electricity consumption in real-time, Enlog’s technology significantly reduces waste and costs, extending appliance lifespans and benefiting both business operations and the environment. Their goal? To power a greener India with smarter energy solutions.
Making an Impact: Numbers That Matter
So far, Enlog has successfully managed over 11,300 MWh of electricity and reduced more than 2,000 tons of carbon emissions, a feat that has not only saved money for its clients but also contributed to global sustainability goals. With partnerships across 750 PG properties and 35 hotels in Delhi NCR—including clients like Bloom Hotel and Yourspace—the startup has demonstrated its capacity to make a real difference in energy use. Through their solutions, clients have seen up to 23% reductions in electricity consumption, showcasing how Enlog’s approach is transforming business operations for the better.
Quick Fact:
Enlog’s AI-driven system optimises power usage automatically, helping clients save on electricity bills and support the environment simultaneously.
Pioneering Advanced Tech Solutions
Enlog’s innovation doesn’t stop at energy management. The startup is pushing boundaries with edge computing and custom chip technology aimed at offering even more efficient energy solutions. Their systems continuously learn and adapt, bringing clients smarter, more responsive tools to manage electricity with precision. This unique combination of technology and adaptability makes Enlog’s solution a standout in the rapidly evolving energy management sector.
Plans for Expansion and Revenue Growth
With this recent funding boost, Enlog is setting its sights on an ambitious expansion plan. The company projects revenues of Rs 12 crore in 2024 and is aiming to triple that to Rs 40-45 crore by 2025. Key metro areas like Bengaluru, Hyderabad, Pune, and Indore are next on their list as they expand operations beyond Delhi. This growth strategy not only positions Enlog as a leader in sustainable tech but also meets the rising demand for green energy solutions in India’s urban centres.
Did You Know?
Enlog is on track to reduce one million tons of carbon emissions by 2027, aiming to make a significant impact in India’s sustainable energy journey.
Frequently Asked Questions (FAQs)
What does Enlog specialise in?
Enlog offers AI and IoT-based energy management solutions that help businesses save on electricity costs and reduce carbon emissions.
How much funding did Enlog raise, and who led the round?
Enlog secured Rs 1.75 crore in funding, led by Vinners.
Where is Enlog planning to expand?
The startup plans to expand into cities like Bengaluru, Hyderabad, Pune, and Indore.
How does Enlog’s tech help in cutting electricity use?
Enlog’s system automatically adjusts power usage based on real-time data, achieving reductions of up to 23% in electricity costs.
Moving Towards a Sustainable Future
Enlog’s solutions reflect the priorities of a new generation of businesses committed to sustainability and operational efficiency. Their focus on R&D and breakthroughs in edge computing signals their determination to stay ahead in the energy management sector. As more companies adopt green practices, Enlog’s innovation in electricity optimization can serve as a roadmap for sustainable business operations.
With a clear growth strategy, proven impact, and an expanding client base, Enlog is positioning itself as a key player in India’s energy management landscape. This funding marks a promising chapter in Enlog’s journey, and the company’s commitment to efficient, environmentally responsible energy solutions hints at a powerful shift towards a greener future for Indian businesses.