Deeptech startup Comminent raises $2 Mn from Transition VC

Comminent, a deep-tech communications startup building intelligent, device-agnostic IoT infrastructure for smart cities and utilities, has raised $2 million in funding from energy transition-focused fund Transition VC.

The proceeds will be utilized to expand its portfolio across smart metering rollout and unlock opportunities in broader smart city applications such as smart lighting, water metering, and intelligent infrastructure management, Comminent said in a press release.

Co-founded in 2018 by Amarjeet Kumar and Vikas Kashyap, Comminent builds standards-based, device-agnostic RF mesh communication networks tailored for critical infrastructure applications such as smart metering and smart cities. Its interoperable, high-throughput, highly secure and self-healing network stack addresses the reliability, scalability, and latency challenges of legacy communication technologies. 

The Bengaluru-based startup aims to serve utilities and OEMs with a robust, cost-effective alternative that works seamlessly across geographies, including rural and non-urban deployments. It is positioned to contribute India's mission to install 250 million smart meters over the next 4–5 years and is  projecting Rs 300 crore in revenues by FY28. 

Comminent claims that it has contracted to deliver over 1 million endpoints under existing contracts and is in active negotiations for further smart metering projects. The startup is also progressing toward implementations in smart street lighting and water metering projects. It plans for global expansion through strategic partnerships, with initial interest from international markets such as the US and Japan.