SMARTSOLImproving energy efficiency in commercial buildings

Puneet Batrapuneet@avrioenergy.in

+91 9920935066Avrio Energy Pvt Ltd

Problem

30% $240 bnCost of lost energy

annually

https://aceee.org/files/proceedings/2004/data/papers/SS04_Panel4_Paper14.pdfhttps://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/1 unit = 1 KWh

Businesses are losing money as energy is being wasted without their knowledge

With rising and volatile energy prices, the problem is only becoming worse!

8 trillionunits Energy wastedEnergy consumed in commercial

buildings globally per year

Problem

Monitor Identify ExecuteUsage Inefficiencies Decisions

buildings have solutions in place to do this.

To solve this problem, we need solutions to

Existing solutions are unavailable and unaffordable to most customers.<2%

Differentiation - Technology

SmartSolExisting Solutions

Appliances

Server

Analytics

Single Device

1 2 3 4 5

Appliances

Individual Sensors

Gateway

Server

Analytics

1 2 3 4 5

V/S

Energy dis-aggregation 🡪 Cost effective

Energy Dis-aggregation

Case study – McDonald’s outlet

SmartSolExisting Solutions

~75% cost effective Compared to hardware cost of existing solutions

20 appliances per outlet (Kitchen + HVAC)

Infrastructure Capital Cost

Sensors - 20 $ 400

Gateway $ 80

Connection - Modbus $ 70

Total $ 550

Infrastructure Cost

SMARTSOL $ 90

Gateway -

Connection - Wifi $ 40

Total $ 130

Reduce breakdowns

Data backed decisions

Avoid spillages

Solution

Standalone Hardware Algorithm SaaS Platform

Monitors Identifies Executes

SmartSol

overall consumption load-wise energy consumption efficiency recommendations, get alerts and reports

Define SOPs & KPIs

Our low cost product helps businesses to understand their energy consumption so that they can take smart decisions and save money by reducing energy and operational losses

One stop Energy Management Platform

Integrated marketplace for products and services

Appliance level monitoring

Insights on reducing energy consumption

Predictive alerts on appliance health and

maintenance

Interfacing with independent devices for monitoring &

control

01 02 03 04 05

Version 1 Version 2 Version 3

Product Roadmap

Competitive LandscapeIndirect Competitors

IoT – Internet of Things ; EMS - Energy Management System

CommercialResidential

High frequency monitoring

Low frequency monitoring

Direct Competitors

High cost Low cost

One time engagement

Continuous engagement

IOT based EMS

Energy auditing

Competitive Advantage

• Low Capital Investment • Deeper insights• Scalability • Appliance health monitoring

Competitive Advantage

Target Market

TAMGlobal market for organized retail –

$ 3.9 bn

SAMMarket in focus geographies and not signed with

competitors-

$ 2.3 bn

SOMMarket we can

realistically capture –

$350 mn

Beach head market Market size – Organized retail

Organized Retail

Commercial buildings with multiple small outlets spread across geographies

Revenue Model & Traction

Paying Clients

Ongoing pilots

INR 5000 per year

Revenue till date

INR 1 million +India

Europe India

India

India - Only Subscription

Single phase Three phase

INR 10000 per year

$ 99Upfront

Europe – Upfront hardware cost + subscription

Single phase Three phase

$ 9Monthly

$ 229Upfront

$ 19Monthly

Puneet BatraCo-founder & Director

▪ B.Tech - Chemical Engineering, IIT Bombay▪ Previous Startup- Sendd (acquired by Crafstvilla

for $5 Million)▪ Fundraising & Product development

Ankit ChouhanCo-founder & Director

▪ B.Tech – Electrical Engineering, IIT Bombay▪ Serial Techpreneur▪ Hardware and Software development

Nikhil RautCTO

Team

▪ B.Tech & M.Tech - Energy Science, IIT Bombay▪ Specialist Consultant, Boston Consulting Group

(BCG)▪ Business Development & Operations

▪ B.Tech – Chemical Engineering, IIT Guwahati

▪ Data Scientist, Blackcoffer

Sanjay RaghuwanshiData Science Lead

▪ B.Tech & M.Tech - Energy Science, IIT Bombay

▪ Program Associate at Council of Energy Environment & Water (CEEW)

Neeraj KuldeepBusiness Dev.

▪ B.Tech –Computer Science, NIT Sikkim

▪ Full stack developer

Vedant JhaSoftware Dev

▪ Masters in Energy Law, TU berlin▪ Policy consultant, ICRIER

Utkarsh PatelBusiness Dev

Key People

Current StatusHardware Algorithms and Software – Live prediction

• Version 1 ready for market deployment

• First batch of 100 devices

manufactured

• Version 2 lab prototype ready – can

capture harmonics & raw data

Supported By

Grants

Next steps

KPIs / Deliverables:

• Getting required certifications for

hardware/device

• Product-market fit: Development of scalable

market ready product

• Deploy 1500+ devices in first year

We are looking to raise $ 500K

What happens if we manage to save this energy?

Environmental Opportunity

3.6 billion

840 Mtonne

2400 TWh

Energy Saved

CO2 Avoided Trees Planted