# Zenatix Solutions Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zenatix-solutions-pvt

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.zenatix.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Jan 27, 2017)
- Investors on record: 3

## About

Zenatix Solutions Pvt. Ltd. provides IoT-driven automation and monitoring solutions designed for small to mid-sized commercial buildings, focusing on enhancing energy efficiency and operational optimization.Founded in 2014 in Gurgaon, India, Zenatix Solutions Pvt. Ltd. specializes in IoT solutions for building automation. The company has completed 4 funding deals, with the most recent being a Seed round in May 2018, where they raised INR 60.000 mn, led by pi Ventures and involving Blume Ventures. As of now, the company has a valuation of INR 337.134 mn. The founders of the company are Amarjeet Singh and Vishal Bansal.Zenatix, operated by Schneider Electric, offers IoT-based automation and monitoring solutions specifically for small and mid-sized commercial buildings. Their primary product, ZenConnect, integrates vital building systems such as HVAC, refrigeration, and lighting into a centralized IoT platform, facilitating intelligent controls and improving energy efficiency. This solution provides real-time monitoring of energy consumption, temperature, air quality, and asset health, which can lead to energy savings of 10%-20% with a return on investment projected within 12-24 months. Zenatix serves sectors including retail, quick-service restaurants, supermarkets, co-working spaces, warehouses, and multiplexes across various international markets, with a focus on energy efficiency and operational optimization.In the most recent year, 2023, Zenatix recorded a revenue of INR 1,177,197.20 and an EBITDA of INR -1,840,262.30. The company's revenue model is based on B2B transactions, primarily targeting commercial property owners and operators, generating income through partnerships and subscriptions for the ZenConnect platform, which encompasses installation and ongoing service agreements.Looking ahead, Zenatix Solutions Pvt. Ltd. aims to expand its product offerings and enter new markets. The recent Seed funding in May 2018 will be utilized to develop additional IoT solutions, enhancing their portfolio. The company is targeting expansion into new geographic regions, with specific plans to explore markets beyond India by 2024. Additionally, the acquisition by Hero Electronix indicates strategic backing for growth initiatives.

## Funding rounds

- Seed, Jan 27, 2017, $0.9M — Blume Ventures, pi Ventures
- Seed, Oct 9, 2015, $0.3M — Blume Ventures, Investopad

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- Investopad — Seed
- pi Ventures (https://capitalatlas.ai/funds/pi-ventures) — Seed