Abhay and Vivek enable a clean energy future with the help of AI!

Accelerated digital transformation has created a massive shift in the way individuals consume energy. With energy consumption at an all-time high, customers are looking for simple and actionable ways to use energy more efficiently. Bidgely uses its patented cloud-based disaggregation algorithms to help energy companies provide transparency, efficiency and trust to their customers. The platform analyses energy consumption patterns unique to a household and provides ways to conserve energy.

Bidgely’s groundbreaking technology has allowed the company to help 30+ utility partners engage with 24M+ active homes, optimize shareholder value and modernize grid operations, making them the leading choice for several clean energy utilities across the globe.

A relationship built on encouragement, trust and endless support

Bidgely’s patented UtilityAI solutions transform data into personalised, actionable insights that significantly improve customer engagement and satisfaction while streamlining a utility’s business operations organization-wide. Our investment from IvyCap Ventures enables us to further develop our UtilityAI platform, including electrification, electric vehicles and decarbonisation solutions, as well as accelerate growth in the India smart meters market. Bidgely is a committed partner in enabling Indian DISCOMS to realize the true potential for their customers."

- ABHAY GUPTA,

CO-FOUNDER & CEO

Bidgely is excited about the investment and our relationship with IvyCap Ventures, particularly as we apply our industry-leading, patented technology to the major pain points for many Indian DISCOMs and continue to deepen our global impact. Our targeting key use cases, such as load forecasting, analytics-based customer indexing and asset predictive maintenance to better serve the Indian market."

- VIVEK GARUD,

CO-FOUNDER & CTO

FOUNDER

Abhay Gupta

Co-Founder & CEO

Abhay Gupta founded Bidgely with the mission to accomplish energy efficiency at a massive scale. He's worked at a combination of energy and technology companies including Grid Net, Echelon and Sun Microsystems. He holds a B.Tech from the Indian Institute of Technology Delhi, M.S. from University of Southern California and MBA from Santa Clara University. Abhay is passionate about music and travel!

Vivek Garud

Co-Founder & CTO

Vivek is leading the technology team which is building the biggest and best energy analytics system yet. Prior to Bidgely, Vivek contributed to building voice recognition technology at Microsoft. He has a B.Tech degree in Computer Science from IIT Bombay. Once done solving the world's energy problems, he fantasizes of becoming a full time musician and doing big things in Bollywood.

Their
Winning
Edge

01

Pioneering tech

Developed load disaggregation to facilitate energy efficiency and holds 17 patents for the technology.

02

Insight-driven

More than 2 Billion energy data points processed per day to generate energy insights for customers.

03

Disaggregated smart meters

Meters with demonstrated acute ability to detect non-technical losses.

04

Global reach

Over 40 utilities and energy partners across the globe.

CLOVIA IN COVERS

Bidgely raises ₹15 crore from IvyCap Ventures

Software-as-a-service startup, Bidgely has raised ₹15 crore, as part of its latest fundraise from IvyCap Ventures, to accelerate its growth in the Indian market.

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IvyCap Ventures invests ₹15 cr in energy analytics firm Bidgely

IvyCap Ventures on Wednesday announced ₹15 crore financing for AI-powered energy analytics firm Bidgely to accelerate their growth plans in India.

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Bidgely raises $26 million from Moore Strategic

The round also saw participation from Accurant International as well as existing investors like Future Energy

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