About Grid
Grid is a company based in Ranchi (India) founded in 2017 by Shaurya Poddar and Shreyansh Jain. It operates as a SaaS (Software-as-a-Service), and Managed Services. Grid has raised $3.44 million across 4 funding rounds from investors including KRS Jamwal, Pramod Jajoo and Shalil Gupta. The company has 35 employees as of April 08, 2024. Grid offers products and services including Grid AI, Smart Metering Operations Center, and Utility Data Warehouse. Grid operates in a competitive market with competitors including Box, Pipefy, Zapier, Urbint and Yoobic, among others.
- Headquarter Ranchi, India
- Employees 35 as on 08 Apr, 2024
- Founders Shaurya Poddar, Shreyansh Jain
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Pragyaam Data Technologies Private Limited
- Date of Incorporation 19 Jun, 2017
- Jurisdiction Ranchi, Jharkhand, India
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Annual Revenue
$301.77 K (USD)98.22as on Mar 31, 2023
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Net Profit
$-152.05 K (USD)-636.74as on Mar 31, 2023
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EBITDA
$-145.15 K (USD)-1327.84as on Mar 31, 2023
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Total Equity Funding
$3.44 M (USD)
in 4 rounds
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Latest Funding Round
$2.42 M (USD), Series A
Apr 07, 2026
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Investors
Indian Angel Network
& 38 more
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Employee Count
35
as on Apr 08, 2024
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Products & Services of Grid
Grid offers a comprehensive portfolio of products and services, including Grid AI, Smart Metering Operations Center, and Utility Data Warehouse. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform transforms utility data into actionable decisions.
Real-time SLA tracking and fault isolation for utilities.
Handles billions of records for utility data analytics.
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Funding Insights of Grid
Grid has successfully raised a total of $3.44M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.42 million completed in April 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $2.4M
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First Round
First Round
(08 Jul 2020)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2026 | Amount | Series A - Grid | Valuation | Transition VC | |
| Nov, 2023 | Amount | Seed - Grid | Valuation | Kanwar Rameshwar Singh Jamwal | |
| May, 2022 | Amount | Seed - Grid | Valuation | Indian Angel Network |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grid
Grid has secured backing from 39 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include KRS Jamwal, Pramod Jajoo and Shalil Gupta. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investor network investing in early-stage startups
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Founded Year | Domain | Location | |
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Tech startups are assessed, invested in, and accelerated by Startup-O.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Grid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grid Comparisons
Competitors of Grid
Grid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Box, Pipefy, Zapier, Urbint and Yoobic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
SaaS-based workflow and task management solution provider
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| domain | founded_year | HQ Location |
No-code automation and AI tools are provided for workflow integration.
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| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| domain | founded_year | HQ Location |
Frontline employee experience platform for managing operational tasks
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| domain | founded_year | HQ Location |
Cloud-based workflow automation is provided for enterprise productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grid
Frequently Asked Questions about Grid
When was Grid founded?
Grid was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Grid located?
Grid is headquartered in Ranchi, India. It is registered at Ranchi, Jharkhand, India.
Who is the current CEO of Grid?
Shaurya Poddar is the current CEO of Grid. They have also founded this company.
Is Grid a funded company?
Grid is a funded company, having raised a total of $3.44M across 4 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Jul 08, 2020.
How many employees does Grid have?
As of Apr 08, 2024, the latest employee count at Grid is 35.
What is the annual revenue of Grid?
Annual revenue of Grid is $301.77K as on Mar 31, 2023.
What does Grid do?
An AI-driven operational intelligence platform is offered by Grid for utilities, focusing on smart meter data, SCADA, and field workforce management. Solutions are developed for sectors like electricity, water, and gas utilities, as well as heavy industries, manufacturing, and mining. Data collection is digitized, GIS tagging is enabled for field teams, and legacy systems are integrated in real time. Operational data is transformed into actionable insights through visualization engines and process automation. Low-code platforms are utilized to create efficient workflows across IT and OT environments, ensuring speed, accuracy, and autonomy for utility teams.
What products or services does Grid offer?
Grid offers Grid AI, Smart Metering Operations Center, and Utility Data Warehouse.
Who are Grid's investors?
Grid has 39 investors. Key investors include KRS Jamwal, Pramod Jajoo, Shalil Gupta, Indian Angel Network, and Jaideep Mehta.
What is Grid's valuation?
The valuation of Grid is $1.06M as of Jul 2020.