Enlite, a Mumbai-based full-stack infra automation company, has raised Rs 46 crore (about $5 million) in its maiden institutional funding round led by early-stage investment firm Avaana Capital.
The round also saw participation from Claypond Capital, the family office of Manipal Group chairman Ranjan Pai.
The funds will be used to expand into international markets such as West Asia and Southeast Asia, improve edge artificial intelligence (AI) and telemetry capabilities, increase deployments in airports, data centres, public infrastructure and hospitality, and set up integration and go-to-market teams for enterprise and government clients.
“The country (India) is going through a transformation in terms of infrastructure, and is the fastest-growing market in the world. That’s where we believe what we are building adds a lot of value,” cofounder and chief executive Gaurav Bali told ET.
Founded in 2017 by Bali and Garima Bharadwaj, the company offers a plug-and-play automation system that replaces traditional building management systems with compact wireless hardware, edge intelligence and AI-driven controls to make buildings and infrastructure respond in real time.
“The cloud platform we’ve built today houses thousands of algorithms that control different types of building equipment—depending on the geography, the number of people inside, the external environment and several other factors,” said Bharadwaj.
Since its commercial launch in 2022, its hardware has been deployed at more than 70 enterprise sites, covering 25 million square feet of real estate. It is working with companies such as real estate developer Prestige Group and Fairmont Mumbai, as well as with Real Estate Investment Trust (REITs), GCC projects, hospital networks and other businesses.
“We serve a lot of pin codes. The ones that have come up in the last six months are from remote parts of Kerala, resort towns in Rajasthan, and tourist cities in Uttar Pradesh,” said Bharadwaj.
According to her, the hardware makes around a million decisions per minute, allowing it to monitor and control every parameter generated by all types of building equipment.
Enlite has filed three global patents and is currently piloting its new large language model (LLM) technology integrated directly into hardware. The company claims its revenue surged tenfold in 2024-25 and it has set a target of a further fourfold increase this year.
Commenting on the investment, Swapna Gupta, partner at Avaana Capital said, “Enlite is applying deep tech to transform how critical infrastructure is designed and operated. The team has built purpose-built hardware with real-time intelligence and native interoperability to transform how infrastructure is managed at scale across sectors and geographies.”
The round also saw participation from Claypond Capital, the family office of Manipal Group chairman Ranjan Pai.
The funds will be used to expand into international markets such as West Asia and Southeast Asia, improve edge artificial intelligence (AI) and telemetry capabilities, increase deployments in airports, data centres, public infrastructure and hospitality, and set up integration and go-to-market teams for enterprise and government clients.
“The country (India) is going through a transformation in terms of infrastructure, and is the fastest-growing market in the world. That’s where we believe what we are building adds a lot of value,” cofounder and chief executive Gaurav Bali told ET.
Founded in 2017 by Bali and Garima Bharadwaj, the company offers a plug-and-play automation system that replaces traditional building management systems with compact wireless hardware, edge intelligence and AI-driven controls to make buildings and infrastructure respond in real time.
“The cloud platform we’ve built today houses thousands of algorithms that control different types of building equipment—depending on the geography, the number of people inside, the external environment and several other factors,” said Bharadwaj.
Since its commercial launch in 2022, its hardware has been deployed at more than 70 enterprise sites, covering 25 million square feet of real estate. It is working with companies such as real estate developer Prestige Group and Fairmont Mumbai, as well as with Real Estate Investment Trust (REITs), GCC projects, hospital networks and other businesses.
“We serve a lot of pin codes. The ones that have come up in the last six months are from remote parts of Kerala, resort towns in Rajasthan, and tourist cities in Uttar Pradesh,” said Bharadwaj.
According to her, the hardware makes around a million decisions per minute, allowing it to monitor and control every parameter generated by all types of building equipment.
Enlite has filed three global patents and is currently piloting its new large language model (LLM) technology integrated directly into hardware. The company claims its revenue surged tenfold in 2024-25 and it has set a target of a further fourfold increase this year.
Commenting on the investment, Swapna Gupta, partner at Avaana Capital said, “Enlite is applying deep tech to transform how critical infrastructure is designed and operated. The team has built purpose-built hardware with real-time intelligence and native interoperability to transform how infrastructure is managed at scale across sectors and geographies.”
