Probus Smart Things automates last mile electricity connectivity to improve the power sector efficiency. They help end consumers and electricity utility providers to increase the reliability of power supply and revenue by 5 percent per asset. Their target customers are key private and public utilities like Tata Power, BSES, Adani, Torrent, BESCOM, UPPCL among several others. They are helping distribution utilities digitise their distribution grid and have a clear visibility of their network through their integrated end-to-end IoT platform. The solution gives them real-time visibility of asset performance, outages, root cause analysis, predictive and preventive maintenance through sensor data with scheduling and tracking of on-field personnel.
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Total raised: $8M
Investors 1
| Date | Name | Website |
| - | Unicorn As... | unicornivc... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 26.02.2025 | - | $5M | Unicorn As... |
| 10.03.2023 | - | $3M | Unicorn As... |
Mentions in press and media 6
| Date | Title | Description |
| 26.02.2025 | Probus raised $5 M funding from Unicorn India Ventures | Probus Smart Things, an IoT communications and data analytics startup, has raised $5 million in Series A1 funding led by Unicorn India Ventures. Indian and US family offices also participated in the round. A combination of debt and equity f... |
| 19.02.2025 | Probus Smart Things Closes USD 5 Mn Funding Led by Unicorn India Ventures With the fresh funds, Probus aims to scale its smart grid communication tech, integrate AI into networking solutions, and expa... | DeepTech startup Probus Smart Things has secured USD 5 million in Series A1 funding, led by Unicorn India Ventures, with participation from US-based and Indian family offices. This round, a mix of equity and debt financing, brings Probus' t... |
| 19.02.2025 | Probus bags $5M in Series A funding led by Unicorn India Ventures | Probus Smart Things on Wednesday raised $5 million in a Series A funding round led by Unicorn India Ventures, marking the VC firm’s fourth round of investment into the deep tech startup. The round, which was a mix of equity and debt financi... |
| 10.03.2023 | Probus Raises $3 Million From US Family Office And Unicorn India Ventures | - |
| 09.03.2023 | IoT communications & data analytics startup Probus raises $3M led by US Family Office, Unicorn India Ventures | Advertisment In the last 12 months, Probus claims to have witnessed 8X revenue growth and has achieved profitability at the PAT level. At present, The startup has deployed over half a million smart meters products in 4 geographies and dou... |
| 05.12.2019 | These Are The 14 Early-stage Startups From SouthEast Asia That Got Selected For Seedstars Summit Including One Startup From Bangladesh | Seedstars, the leading emerging market startup community and investor, selected 14 among the most promising startups from Asia in front of over 300 guests. The started selected during the latest edition of Seedstars Summit Asia that took pl... |