Zenatix

Gurugram, India Founded: 2013 • Age: 13 yrs Minicorn Acquired By Hero Electronix
Energy consumption patterns are monitored and optimized through analytics.

About Zenatix

Zenatix is a Business Services company based in Gurugram (India) founded in 2013 by Rahul Bhalla, and was acquired by Hero Electronix in May 2018. Energy consumption patterns are monitored and optimized through analytics. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Zenatix has raised $1.74 million across 4 funding rounds from investors including Hero Electronix, pi Ventures and Milestone Trustee. The company has 118 employees. Zenatix was last valued at $4.46 million in January 2017. Its chief executive, as recorded, is Rahul Bhalla. Its Indian entity Zenatix Solutions Private Limited reported revenue of ₹12.22 Cr. Zenatix offers products and services including ZenConnect. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and HVAC Management.

Company details

Zenatix is an energy monitoring and analytics company that helps large electricity consumers understand their energy consumption pattern and take steps to save energy. Installs energy monitoring equipment such as smart meters and controllers and sets up a cloud-based software for real-time monitoring of energy consumption. Stores the data from smart meters in the cloud and provides consumers with visualizations and analytics dissecting their power consumption patterns in real time at major loads, and take steps to optimize the usage by recommending energy-saving measures. Also developing Smart Grid Solutions for optimal demand side and supply side management. The company currently has 4 products under its umbrella, targeting retail, BFSI, commercial building, industry, and apartment. Founded by IIM Ahmedabad, IIT Delhi, and UCLA alumni. Claims to have more than 45 paying customers including Google, Starbucks, Xerox, etc. as of Dec 2015. Raised 211k funding from Google India MD Rajan Anandan, along with Snapdeal co-founders Kunal Bahl Rohit Bansal and Trifecta Capitals Rahul Khanna in July 2015. Raised undisclosed amount of funding from Blume Ventures in Dec 2015. Raised 1.8M in a pre-series A round of funding led by pi Ventures in Feb 2017. Selected to be part of the Microsoft Accelerator batch in March 2017.

  • Headquarters Gurugram, India
  • Employees 118
  • Founders Rahul Bhalla
  • Stage Acquired
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website zenatix.com
  • Social LinkedIn X Facebook
  • Acquired by Hero Electronix (May 2018)
  • Legal Name Zenatix Solutions Private Limited
  • Date of Incorporation 20 Dec, 2013
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹12.22 Cr

    FY 2025 · +19% YoY

  • Net Loss
    -₹37.08 Cr

    FY 2025 · -303% margin

  • EBITDA
    -₹26.14 Cr

    FY 2025 · -214% margin

  • Total Equity Funding
    $1.74M (USD)

    in 4 rounds

  • Investors
  • Employee Count
    118
  • Acquired by

Products & Services of Zenatix

Zenatix offers a comprehensive portfolio of products and services, including ZenConnect.

ZenConnect
IoT Platform

Automates building assets for energy savings and monitoring in commercial spaces.

Funding Insights of Zenatix

Zenatix has successfully raised a total of $1.74M across 4 strategic funding rounds. 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 $1.74M
  • Total Rounds 4
  • First Round $200,000

    (May 2015)

  • Investors Count 16

All 4 funding rounds of Zenatix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017Seed–Microsoft Accelerator
–
Jan 2017$1.2MSeed$4.46Mpi Ventures, Milestone Trusteeship Services
Oct 2015$341,305Seed$3.12MBlume Ventures
–
May 2015$200,000Angel Round$•••••Rohit Bansal, Kunal Bahl
Valuation history
DateValuationStage
Jan 2017$4.46M••••••••
Oct 2015$3.12M••••••••
May 2015$•••••••••••••
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Full valuation and stage history of Zenatix

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $4.46M (Jan 2017). 17 investors in total: 5 institutional and 12 angel.

Investors in Zenatix

Zenatix has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hero Electronix, pi Ventures and Milestone Trustee.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Enterprise startups are accelerated through Microsoft's global mentoring program.
microsoftaccelerator.comParis, France
Deep-tech venture capital investments in early-stage companies.
2016piventures.inBengaluru, India
Seed and early-stage investments are made across sectors in India.
blume.vcMumbai, India
Investment in technology sectors focusing on semiconductors, AI, and IoT.
2015heroelectronix.comDelhi, India
Functions as a professional investment management firm.
2008milestonetrustee.inMumbai, India

Rohit Bansal

Co-founder of Snapdeal, active angel investor in Indian startups
unknown_ae076db4c930458bb

Kunal Bahl

Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups
unknown_91975e5aac974d11a

Rahul Khanna

unknown_691c81389a1641559

Zubin Irani

Angel investor, ex-United Technologies, focused on tech startups in India
unknown_777ce5cfcd7d473f9

Manoj Dawane

unknown_c560b8bf1294431eb
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Investor details for Zenatix

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Board of directors of Zenatix Solutions Private Limited (Zenatix)

Zenatix Solutions Private Limited is the primary company behind Zenatix. The board of Zenatix Solutions Private Limited currently have 4 directors; the longest-serving is Omkar Prasad, appointed in 2023. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Omkar Prasad
DIN 10194247
Director20 Jun 20233 yrs 4 moZenatix Solutions Private Limited
Bhupesh Arora
DIN 08005491
Director20 Jun 20233 yrs 4 moZenatix Solutions Private Limited
Jean Marc Roland Zola
DIN 10442150
Director08 Jan 20242 yrs 9 moZenatix Solutions Private Limited
Sadiq Ahmed Syed
DIN 10952835
Director27 Feb 20251 yr 7 moZenatix Solutions Private Limited

People of Zenatix

48 people are tracked at Zenatix (7 in leadership, 41 in team); the tracked headcount is 118.

NameRoleGroup
Co-Founder & CEOLeadership
Executive DirectorLeadership
Amarjeet Singh
CTOLeadership
Ishan Dhar
Head of EngineeringLeadership
Vishal Bansal
COOLeadership
Sawan Dwivedi
VP, OperationsLeadership
Kaushal Raj
Head Of Marketing & Chief Of StaffLeadership
Dharmendra Pandit
Electrical Site EngineerTeam
Guruprasad Suthar
Software Testing/qa EngineerTeam
Mehtab Anwar
Operation EngineerTeam
Kunal Gupta
Frontend DeveloperTeam
Jamaluddin Kha
Junior EngineerTeam
Nitish Kumar
Lead Frontend EngineerTeam
Rohit Dhiman
Senior Operations EngineerTeam
Sagar Gupta
IOT Testing & Support EngineerTeam
Jatin Sharma
Senior Backend EngineerTeam
Ramachandra Prabhu
Business Manager South IndiaTeam
Manash Jyoti Deka
Senior Product ManagerTeam
Manmohan Singh
Iot Operation EngineerTeam
Śâđđåm Â.
Junior EngineerTeam

28 more people are available in the full profile.

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Financials of Zenatix

Figures of Zenatix Solutions Private Limited, the primary company behind Zenatix, for FY 2025. Revenue was ₹12.22 Cr (+19% year on year). Net loss was -₹37.08 Cr (-303% margin). EBITDA was -₹26.14 Cr (-214% margin). Revenue has grown at a compounded annual rate of +3% over three years and +5% over five years.

  • ₹12.22 CrRevenue · FY 2025 · +19% YoY
  • -₹37.08 CrNet loss · -303% margin
  • -₹26.14 CrEBITDA · -214% margin
  • ₹3.4 LakhPaid-up capital
  • 118Employees (provident fund records)
  • +3%Revenue CAGR, 3 years
  • +5%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Zenatix Solutions Private Limited are on its company page.

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Detailed financial statements for Zenatix

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Timeline of Zenatix

5 dated milestones of Zenatix across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zenatix is founded.
  2. Funding First funding round of $200K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.
  5. Exit Acquired by Hero Electronix.

Web traffic of Zenatix

The website of Zenatix (zenatix.com) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▲ 54% vs previous month

Similar websites

Websites whose visitors overlap most with Zenatix. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
projectsfactory.in
100%
#4,544,387View details

Top companies in Facility Management Platforms

2 companies that operate in the same segment as Zenatix (Facility Management Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
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Related news about Zenatix

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Frequently Asked Questions about Zenatix

Zenatix was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Zenatix is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Rahul Bhalla is the CEO of Zenatix, as recorded in our data. They have also founded this company.

Zenatix is a funded company, having raised a total of $1.74M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $200K, raised on May 2015.

Zenatix has 118 employees.

The primary company behind Zenatix, Zenatix Solutions Private Limited, reported revenue of ₹12.22 Cr for FY 2025, up 19% year on year.

Zenatix is an energy monitoring and analytics company that helps large electricity consumers understand their energy consumption pattern and take steps to save energy. Installs energy monitoring equipment such as smart meters and controllers and sets up a cloud-based software for real-time monitoring of energy consumption. Stores the data from smart meters in the cloud and provides consumers with visualizations and analytics dissecting their power consumption patterns in real time at major loads, and take steps to optimize the usage by recommending energy-saving measures. Also developing Smart Grid Solutions for optimal demand side and supply side management. The company currently has 4 products under its umbrella, targeting retail, BFSI, commercial building, industry, and apartment. Founded by IIM Ahmedabad, IIT Delhi, and UCLA alumni. Claims to have more than 45 paying customers including Google, Starbucks, Xerox, etc. as of Dec 2015. Raised 211k funding from Google India MD Rajan Anandan, along with Snapdeal co-founders Kunal Bahl Rohit Bansal and Trifecta Capitals Rahul Khanna in July 2015. Raised undisclosed amount of funding from Blume Ventures in Dec 2015. Raised 1.8M in a pre-series A round of funding led by pi Ventures in Feb 2017. Selected to be part of the Microsoft Accelerator batch in March 2017.

Zenatix offers ZenConnect.

Zenatix has 17 investors. Key investors include Hero Electronix, pi Ventures, Milestone Trustee, Microsoft Accelerator, and Blume Ventures.

The valuation of Zenatix is $4.46M as of Jan 2017.

Zenatix operates through Zenatix Solutions Private Limited.

Yes. Zenatix was acquired by Hero Electronix in May 2018.

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