Eliminating energy waste through innovations in continuous energy optimization
Headquarters New Delhi, Delhi, India
In a difficult economic environment, businesses must maintain their output and quality at the highest levels, even when there is pressure to keep operating and capital costs as low as possible. One of their large cost centers is utilities like cooling, heating, steam and compressed air, which require frequent repairs and replacements and consume large amounts of energy.
Smart Joules enables massive cuts in these energy costs for businesses by improving overall design of their utilities, replacing aging energy-intensive equipment with best-in-class energy efficient equipment, and deploying their DeJoule IOT technology platform to track and control each equipment and optimize overall performance in real-time using data. Businesses access these savings and gain recognition for their green initiatives under Smart Joules' national award winning JoulePAYS (Pay-As-You-Save) CapEx-free business model.
- Eliminated energy waste equivalent to the annual consumption of 750,000 Indian homes, avoiding 58,000 metric tons of CO2 emissions
- Raised $4.9 million in Series A funding from ADB Ventures, Sangam Ventures, Max Industries, Raintree and leading Indian business families
- Won more than 10 national and international awards for technology and business model innovations in continuous energy optimization
Currently Operating in One Country
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