NEW DELHI: Enlite has raised ₹46 crore in a series A round led by Avaana Capital, which also saw participation from Claypond Capital.
Founded in November 2017 by Gaurav Bali and Garima Bharadwaj, the company has deployed its products across 25+ million sq ft of real estate.
“This fundraise isn’t just capital infusion; it’s a turning point to scale faster, deepen our tech, and take Enlite to the world,” said Bali, co-founder & CEO of the company.
With this round, the company will expand into international markets including the Middle East and Southeast Asia, while deepening its presence in India across commercial real estate, pharmaceuticals, smart airports, data centers, public infrastructure, and hospitality.
It also plans to accelerate its edge AI and telemetry capabilities, enabling faster, adaptive decision-making at scale. To support this growth, the company will strengthen its go-to-market, deployment, and integration teams across both enterprise and government segments.
