Smart home automation startup Aliste Technologies has raised $1 million in a fresh round led by YourNest Venture Capital and Artha Venture Fund. The round also saw participation from Dholakia Ventures, KRS Jamwal, and Anikarth Ventures, among others. Existing backers in the company include 100X.VC.
Aliste Technologies has a strong presence in the Delhi-NCR region and has recently entered the Bangalore market. With the fresh capital, the firm plans to spread its footprints pan-India and boost brand awareness initiatives.
Founded in 2021 by Aakarsh Nayyar, Anant Ohri, Bhavya Kansal, Konark Gautam, Shreyansh Jain, and Udit Pandoh, Aliste Technologies offers innovative retrofit automation products allowing users to control their existing appliances via an app or voice assistants with a subscription model starting at Re 1 per appliance per day.
The company’s footprint currently claims to span over 2,500 residential, commercial and hospitality projects with clients like The Taj group of hotels, Vouchagram India and Stanza Living in its portfolio.