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Mridul Das

Introvert!ย โ€ขย 2m

This Bangalore based DeepTech startup Probus๐ŸŒฟ๐Ÿ’ก is doing something different and has potential to solve major problems with the electricityโšก wastage and smart distribution. They have recently raised $5 million in a Series A1 funding round led by Unicorn India Ventures. making it total raised over $8 million in funding to date. According to their linkdin profile, โžก๏ธ They are on a mission to increase the per capita consumption of electricity in India by 10X, which is presently 1/3 of global average- by reducing the distribution losses in Indian electricity distribution grid. What exactly they do โžก๏ธ. They develop integrated hardware and software solutions for utility providers and helps digitize their distribution grid and have a clear visibility of their network through Probus integrated end to end IoT platform. A powerful IOT solution for electricity distribution utilities that helps them achieve distribution grid analytics and automation, which subsequently enables much more efficient distribution of electricity along with quicker restoration of electricity after power disturbances.

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