The global energy consumption is set to increase by nearly 50% by 2050. Managing this growing demand sustainably is crucial, and that’s where EPVI steps in. EPVI, which stands for Electricity Powered Via Intelligence, is revolutionizing the way we use electricity.
It aims to create a world where your electricity usage is optimized without you lifting a finger, reducing both costs and carbon footprint. This is the vision behind EPVI, a climate tech startup founded by Bharath K., Jharna Saha, and Ayush, dedicated to making smart electricity management a household norm.
The Minds Behind EPVI: Bharath, Jharna, and Ayush
Bharath K., the founder and CEO of EPVI, grew up in Fatehabad, where his curiosity for engineering flourished. Inspired by his father’s advice to solve real-world problems, Bharath pursued mechatronics engineering at Kurukshetra. After gaining invaluable experience at Mercedes-Benz and Ford, he invested his savings into his entrepreneurial dreams. “I always wanted to create something that could solve a major problem. Electricity management was the perfect challenge,” Bharath shared in an interview with Karostartup.
Jharna Saha, co-founder and CMO, holds an MBA in Corporate Social Responsibility. Her expertise in advertising and digital marketing has been pivotal in shaping EPVI’s market presence. Jharna’s passion for sustainability and innovative marketing strategies complements Bharath’s technical prowess.
Ayush, the CTO, is a mechanical engineer with a knack for technology. Self-taught in software development, Ayush has previously worked on tech for hyperlocal commerce startups. His skills in research and design ensure that EPVI’s products are both innovative and user-friendly.
The Birth of EPVI: From Vision to Reality
EPVI’s journey began in 2019, driven by Bharath’s vision to revolutionize energy management. The early days were challenging, with extensive R&D needed to develop a strong product. The team had to ensure their solutions were reliable and scalable, convincing potential customers to trust their innovative approach.
Starting in a modest setup, the founders faced numerous obstacles, but their determination never wavered. “The initial phase was tough. We had to prove that our technology could really make a difference,” Bharath recalls. Through perseverance and continuous innovation, EPVI started gaining traction, especially in sectors like hospitality and residential complexes.
EPVI’s Unique Business Model
EPVI operates on both B2B and B2C models, catering to a wide range of clients from businesses to households. Their revenue model is built around providing IoT devices and intelligent electricity management solutions. By leveraging AI and machine learning, EPVI ensures optimal electricity usage without manual intervention, thus helping clients save on energy costs while reducing their carbon footprint.
The flexibility of EPVI’s business model allows them to offer tailored solutions that fit the unique needs of each client. Whether it’s a large hotel chain or a single household, EPVI’s technology adapts seamlessly to provide the best possible outcomes.
Driving Revenue through Smart Solutions
EPVI generates revenue by offering innovative electricity management solutions. Their IoT devices and software provide real-time tracking and control over energy consumption. This not only helps clients save money but also contributes to environmental sustainability.
With a customer base of over 15,000, including notable names like Bloom Hotels and Your Space, EPVI manages to save significant amounts of electricity, which translates to substantial cost savings for their clients. By optimizing energy usage, EPVI has saved 1,240 MWh of electricity and reduced carbon emissions by 1,170 tons. This impressive impact underscores the effectiveness of their solutions.
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A Vision for a Greener Future
EPVI’s vision is to create a greener earth by revolutionizing electricity usage through smart, efficient solutions. They are committed to fostering innovation and driving sustainable growth. By becoming a household name in smart electricity management, EPVI aims to lead the way in promoting energy efficiency.
“Our goal is to make energy management intuitive and accessible for everyone. We want to empower businesses and households to contribute to a sustainable future,” Bharath says. This vision drives every aspect of EPVI’s operations, from product development to customer service.
Since its inception, EPVI has grown from a small startup to a leader in smart electricity management. Their innovative approach, driven by a passionate team, has made a significant impact on energy consumption and sustainability. By continuously evolving and adapting to market needs, EPVI is poised for even greater success in the future.
Their dedication to understanding customer needs through extensive market research has been key to their growth. With over 1,000 interactions with electricity users, EPVI has gained invaluable insights that inform their product development and marketing strategies.
EPVI’s future vision includes expanding their presence across India and making their smart energy solutions accessible to a broader audience. By continuing to innovate and drive sustainable practices, EPVI aims to contribute to a greener, more efficient future for all.
If you’re looking to optimize your energy usage and contribute to a greener planet, EPVI is your go-to solution. With their innovative technology and commitment to sustainability, they are transforming the future of energy management. Reach out to EPVI today and start your journey towards smarter electricity usage!
Frequently Asked Questions (FAQs)
What is EPVI?
EPVI stands for Electricity Powered Via Intelligence. It’s a climate tech startup that provides smart electricity management solutions using IoT, AI, and machine learning.
How does EPVI generate revenue?
EPVI generates revenue by offering IoT devices and intelligent electricity management solutions to businesses and households, optimizing energy usage and reducing costs.
Who founded EPVI?
EPVI was founded by Bharath K., the CEO, Jharna Saha, the CMO, and Ayush, the CTO. Bharath is a mechatronics engineer, Jharna holds an MBA in Corporate Social Responsibility, and Ayush is a mechanical engineer with expertise in software development.
What sets EPVI apart from other energy management companies?
EPVI’s use of advanced technologies like AI, IoT, and machine learning sets them apart. Their solutions are not only innovative but also highly efficient and user-friendly, catering to both B2B and B2C clients.
Who are the target users of EPVI?
EPVI targets businesses and households looking for smart, efficient energy management solutions. Their clients include hotels, offices, PGs, and households.
What is the vision of EPVI?
EPVI’s vision is to create a greener earth by revolutionizing electricity usage through smart and efficient solutions. They aim to become a household name in smart electricity management and drive sustainable growth.
