India, April 16 -- Smart home automation startup Aliste Technologies has raised Rs.30 Cr (about $3.2 Mn) in a Pre-Series A round comprising equity and debt. The round was led by Big Global JSC, with participation from existing investor YourNest Venture Capital and Hbeon Labs.

The Delhi NCR-based startup plans to use the fresh capital to expand its research and development of energy-efficient solutions, improve distribution, and broaden product portfolio.

Founded in 2021 by VIT batchmates Anant Ohri, Aakarsh Nayyar, Bhavya Kansal, Konark Gautam, and Shreyansh Jain, Aliste Technologies is building IoT-led solutions for residential and commercial use. It claims that its products help users cut electricity consumption by 15% to 30%.

The st...