Smart grid applications-based start-up raises $0.5 million in a bridge round led by Unicorn India Ventures.

Delhi based start-up Probus Smart Things, which is focused on smart grid applications, has raised $0.5 million in a bridge round led by Unicorn India Ventures. 

Probus is an integrated IoT platform-based service for distribution grid monitoring and automation. It develops integrated hardware and software solutions for utility providers to help digitize their distribution grid and have a clear visibility of their network through Probus integrated end to end IoT platform. It has partnered with leading Indian utilities for providing end-to-end communications and meter data analytics infrastructure for smart metering applications. IoT solutions for distribution utilities enables the utilities to achieve distribution grid analytics and automation leading to more efficient distribution of electricity and quicker restoration of electricity after power disturbances. Probus further enables reduced operations and management costs for distribution utilities, leading to lower power costs for consumers.

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