# Prescinto Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prescinto-technologies-pvt

- Industry: Software
- Headquarters: Ahmedabad, India
- Website: www.prescinto.com/
- Total disclosed funding: $3.5M
- Latest round: Seed (Mar 17, 2021)
- Investors on record: 5

## About

Founded in 2016 and based in Ahmedabad, India, Prescinto Technologies Pvt. Ltd. operates as an artificial intelligence-based platform that enables the enhancement of power generation. The company has operations in 13 countries worldwide. In March 2021, Prescinto Technologies Pvt. Ltd. raised USD 3.5 million in seed funding led by investor Venture Catalysts, with participation from Inflection Point Ventures, LetsVenture, and Mumbai Angels. In October 2024, IBM Corporation acquired Prescinto Technologies Pvt. Ltd.?from Inflection Point Ventures, LetsVenture, Mumbai Angels, Sarcha Advisors, Venture Catalysts for an undisclosed amount.?

The company’s product offering includes solutions for monitoring and visualizing data from multiple projects and devices deployed across portfolios, analyzing of pre-trained data models to identify areas of underperformance of device and plant level. It also helps to operate execution tasks, preventive, corrective, and predictive tasks, to improve operational efficiency. The company also offers services such as data acquisition, visualization, and advanced analytics automation.

The company works on a subscription-based pricing plan that can be customized according to the requirements of the customer. It includes 4 packages, Monitor, Operate, Analyse, and a complete pack.

Prescinto Technologies Pvt. Ltd. plans to use the new funds raised in the seed funding round to expand its presence in the US market and to focus on its intellectual property development. The company also plans to offer services of advanced analytics, and operation and maintenance automation, and a pipeline of intellectual properties within the solar energy business space.

## Funding rounds

- Seed, Mar 17, 2021, $3.5M — Inflection Point Ventures, Mumbai Angels, Venture Catalysts, LVX
- Seed, Dec 1, 2020 — Venture Catalysts, Sarcha Advisors

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Sarcha Advisors — Seed
- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed