Powering India’s Future: Probus Smart Things Secures $5M Series A to Revolutionize Electricity Distribution

Probus Smart Things Pvt. Ltd. is thrilled to announce a significant funding achievement, having successfully raised 5,000,000 to accelerate our mission of transforming India’s electricity landscape. Our company is committed to increasing the per capita consumption of electricity by 10X—closing the gap where current usage is only one-third of the global average—by addressing and reducing the critical issue of distribution losses in the power grid. With this infusion of capital, we are positioned to further our innovative approach by empowering distribution utilities to digitize their networks, ensuring every asset is monitored and maintained with an unprecedented level of precision. Our integrated end-to-end IoT platform not only provides real-time visibility into asset performance and outages but also offers robust capabilities in root cause analysis, predictive and preventive maintenance. This ensures that the scheduling and tracking of on-field personnel is streamlined and highly efficient. The funds will be strategically deployed to enhance our technology and expand our service offerings, fortifying our capacity to deliver reliable and quality power supply to millions. As a startup, we firmly believe that our efforts in reducing distribution losses will make a measurable difference, contributing directly to the nation’s GDP and improving the overall quality of life for countless individuals. This investment marks a pivotal moment for Probus Smart Things, reinforcing our resolve to drive forward innovations that not only support the modernization of the electricity distribution grid but also play a key role in powering economic growth across India. We look forward to the exciting journey ahead and a future where quality power is accessible to all.