Zenatix: The name revolutionising energy sector in India

Zenatix provides automated energy control and monitoring products, and delivers operational energy efficiency to customers through intelligent controls that are triggered by rules and analytics.

Published: 18th May 2017 02:54 AM  |   Last Updated: 18th May 2017 06:28 AM   |  A+A-

The founders of Zenatix Technologies

Express News Service

KOCHI: Zenatix provides automated energy control and monitoring products, and delivers operational energy efficiency to customers through intelligent controls that are triggered by rules, sensors and analytics.

Let’s save the planet - starting with your electricity bill, goes the company’s motto. Spearheading an energy revolution in the retail industry sector, Zenatix Technologies has been helping retail chains across the country save electricity in their day-to-day business.


The company offers cloud-based energy analytics products which helps retail chains regulate usage of electricity, primarily for their air-conditioning systems which tend to consume a huge amount of electricity. 


Speaking to Express, Vishal Bansal, chief operating officer and co-founder said he and his friends Dr Amarjeet Singh and Rahul Bhalla (the other co-founders) came up with the idea about three years ago. All three were classmates in IIT Delhi and graduated in 2002. 

“Dr Amarjeet was doing research in energy efficiency in commercial buildings. Rahul and I were talking about doing something of our own, related to data. We got together and started building our first commercial product”, says Vishal.


When selling their product to the manufacturing sector, hotels, hospitals and residential complexes, they found that the biggest need was in the retail segment. We build IoT-based building management solutions (BMS) which are meant to control air conditioning, he adds.

On the necessity of the product, Bansal explains, “The regular BMS, which large commercial enterprises use, is prohibitively expensive. Meanwhile, each retail outlet spends about Rs 50,000 a month. If a chain has 500 outlets, their spending on electricity alone is around Rs 2.5 crores per month.”

The USP of Zenatix is that they are the only ones offering services for the retail sector. “We are the first to give IoT-based low-cost BMS solution. We don’t charge anything upfront. We invest in hardware and installation and charge fixed monthly fees. The benefits our customers get is far more than what they pay us,” he points out.

Currently, their product is being used in more than 500 locations comprising 15 customers. By mid-2018, Zenatix is looking to scale up to 5,000 locations. For the next 12 months, our focus would be on retail and banking sectors, says Vishal, before signing off.

How it works:

Sensing: The team installs smart energy meters, temperature, humidity, lux sensors, etc.

Communication: Zenatix controller ZSmart acquires data from sensors and transmits it to a cloud server over GSM, Ethernet or WiFi

Analytics: The analytics engine generates intelligent control commands and alerts in real time
Control: ZSmart controls electrical devices on the ground based on commands generated by the analytics engine

Funds raised:
Rs 8 crore in 
Pre-series A round

Funds raised:
Rs 8 crore in 
Pre-series A round

Clients
More
State Bank of India
Dominos
Mother Diary
Vodafone
Airtel

Stay up to date on all the latest Kochi news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL2018