We offer energy storage as a service (ESaaS) to renewable developers and utilities. Building a decentralised storage network, we aggregate idle batteries connected to the grid on a pay-per-use model.
Sector: CLIMATE TECH | RENEWAL ENERGY
Scale renewables seamlessly. On-demand Energy storage as a service (ESaaS) without any CAPEX. Renewable developers can save up to 30% revenue loss. Utilities can save up to 7-15% T&D losses.
India is the 3rd largest market globally, currently this ESaaS market size estimated at $2 Bn. and all set to go to $26 Bn by 2030.
First mover in India, building network of batteries instead of infrastructure. Indirectly competing with physical infrastructure Incumbents such as Mitsubishi, Honeywell, Schneider, ABB etc..
Founding team were founding employees of Greyorange robotics and graduates from BITS-Pilani. Team has expertise in building deeptech industrial products and have known each other for 10+ years.
CEO: A subject matter expert on electric mobility, energy storage and industrial systems. Ankit led product development in India’s first deep tech Unicorn, Grey Orange Robotics..
CTO: A technologist. Expertise lies in energy systems, battery hardware and software development. He oversaw battery and charging tech in his previous stint at Grey Orange Robotics..
COO: A subject matter expert on operations management, software systems, and energy storage. He previously led operational automations at Grey Orange Robotics..
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