Artificial intelligence (AI) startup @workongrid has raised ₹22.5 Cr ($2.4 Mn) in a fresh funding round led by Transition VC, with participation from Indian Angel Network (IAN).👇
The funds raised will be deployed to fuel expansion, strengthen AI/ML capabilities and build international infrastructure.
Founded in 2017 by Udit Poddar, Shreyansh Jain, Aayush Agrawal and Shaurya Poddar as a data consulting company for SMEs, WorkOnGrid subsequently transitioned to provide a utility data warehousing and analytics platform to firms. Its platform collects and analyses data from systems such as smart meters, field devices and operational software used by electricity, water, and gas utilities. The goal is to turn this data into useful insights so companies can run their networks more efficiently.
🔗 Read the full article here: https://t.co/mbkAVpBiMP
#Inc42 #news #Startups #Startupfundings #AI
...@workongrid, an AI-native operations intelligence platform for #power, water and gas utilities, has raised ₹225 million (~$2.43 million) in a funding round led by @VcTransition.
https://t.co/PSoqqJBzoG
@workongrid, an AI-native operations intelligence platform for power, water and gas utilities, has raised ₹225 million (~$2.43 million) in a funding round led by Transition VC and participation from the Indian Angel Network.
https://t.co/JyBHuriMfN
@ianetwork
Smart meter infrastructure is only as strong as the operations layer managing it.
If you're seeing any of these signs, it might be time to build a centralized Smart Meter Operations Center (SMOC)!
Why are utilities across the world investing in SMOC?
As smart meter deployments grow, so does the complexity of managing the data, the devices, and the events that follow.
A Smart Meter Operations Center (SMOC) acts as the nerve center for utility operations — bringing order, visibility, and intelligence to the entire ecosystem.
- The necessity of real-time data analysis for prompt issue resolution.
- Strategies to reduce commercial losses and enhance customer trust.
Check out the full article and discover how Grid is pioneering solutions that turn data into decisive action.
Our latest blog dives deep into this topic to help you understand why the shift to cloud is not just beneficial; it's essential.
Check out the full blog here: https://t.co/80DoCjmSC8
Utilities are navigating a complex landscape of aging infrastructure, rising consumer expectations, and net-zero mandates. Traditional on-premise data solutions are no longer sufficient to meet these challenges.
Cloud-based data warehousing is revolutionizing utility operations by offering real-time insights, breaking down data silos, and providing unparalleled scalability.