Overview
Zenatix, a part of Schneider Electric, is a pioneering provider of IoT-powered automation and monitoring solutions specifically designed for commercial buildings. The company is based in Haryana, India, and focuses on energy and asset management tailored for small and mid-sized infrastructures. Zenatix's offerings are software-intelligent, hardware-light, wireless, mobile-led, and plug-and-play, ensuring easy deployment and cost-effectiveness. These solutions are ROI-driven, enhancing energy efficiency and operational performance.
Vision and Mission
Zenatix is dedicated to making significant strides in the connected physical world by building cutting-edge technology to solve global challenges. Their mission aligns with fostering a sustainable future and revolutionizing business operations in India and beyond.
Core Values
Zenatix operates under a set of core values that guide their strategic and operational decisions:
- Inspiring Innovation: Delivering impactful, simple, and efficient solutions.
- Imbibing Integrity: Cultivating trust and transparency in relationships.
- Prioritizing Customers: Ensuring customer satisfaction is central to organizational goals.
- Embracing Ownership: Fostering pride and responsibility within the team.
- Seeking Excellence: Committing to continual improvement and excellence.
Management Team
- Rahul Bhalla, CEO: Oversees strategic direction, sales, and customer relationships with prior experience in intellectual property services. B.Tech, IIT Delhi.
- Vishal Bansal, COO: Leads product and operations, previously engaged in insurance asset management. B.Tech, IIT Delhi; MBA, IIM Ahmedabad.
- Amarjeet Singh, CTO: Focuses on technology strategy, specializing in Embedded Systems and AI Algorithms. Former professor with M.S. and Ph.D. from UCLA.
- Shubhendu Ghosh, Head of Sales: Directs sales and business development with over 25 years of B2B experience.
- Sawan Dwivedi, VP Operations: Handles operations and accounts with over a decade in supply chain and logistics.
- Ishan Dhar, Head of Engineering: Oversees software design and delivery, expert in digital transformation and cloud technology.
Financial Overview
Zenatix has secured a total funding of $1.74M through multiple rounds, with a revenue of approximately $9.3 million. The company follows a growth-oriented financial strategy, backed by investor support from Microsoft Accelerator Bangalore and Blume Ventures.
Strategic Acquisition
On May 12, 2023, Schneider Electric acquired Zenatix Solutions Pvt. Ltd. This acquisition is aligned with Schneider's aim to simplify decarbonization and enhance operational efficiency.
Competitors
Zenatix navigates a competitive landscape comprising firms specializing in building automation and energy management solutions:
75F
Offers IoT-based building management systems enhancing energy efficiency and indoor air quality, with total funding of $36.3 million.
IOTomation
Delivers IoT-based building and energy management systems, integrating cloud computing and analytics for heightened energy efficiency.
Aunoa Solutions
Specializes in next-gen LoRa technology for smart building automation, primarily in the B2B SaaS sector.
Drayson Technologies
Develops wireless energy devices and smart solutions, notable for Freevolt power harvesting solutions.
CoolChip Technologies
Innovates in Kinetic Cooling™ technology for the electronics cooling industry.
Strategic Insights
Zenatix's strategic advantage lies in its ability to differentiate through enhanced technological capabilities or targeting niche markets. With competitors emphasizing sustainability and innovation, Zenatix can leverage Schneider Electric's ecosystem to enhance market share and address competitive threats effectively.
Contact Information
- Email: info@zenatix.com
- Phone: +91 11 4084 4800
- Address: 5th Floor, Building 8C, Cyber City, Gurugram, India
