When was Smart Joules founded?

Smart Joules was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Smart Joules located?

Smart Joules is headquartered in Delhi, India. It is registered at 34 SHRI RAM ROAD CIVIL LINES, North Delhi, DELHI, Delhi, India, 110054.

Who is the current CEO of Smart Joules?

Arjun P Gupta of Smart Joules. They have also founded 1 company.

Which legal entities is Smart Joules associated with?

Smart Joules is associated with SMART JOULES PRIVATE LIMITED.

How many employees does Smart Joules have?

As of Aug 31, 2025, Smart Joules has 204 employees, reflecting a 9% year-over-year growth in headcount.

Is Smart Joules a funded company?

Smart Joules is a funded company, having raised a total of $20.7M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 30, 2020.

How much is Smart Joules worth?

The latest valuation of Smart Joules is $***** as of Nov 28, 2025.

When was the latest funding round of Smart Joules?

Smart Joules' latest funding was a $***** Series B round on Nov 28, 2025, with participation from 4 investors. Its primary sector is IoT Applications. In India, the IoT Applications sector has seen $10.8M in funding in 2026 to date.

What is the annual revenue of Smart Joules?

Annual revenue of Smart Joules is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Smart Joules rank among its competitors?

Smart Joules ranks 12th amongst 5007 active competitors, of which 719 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Smart Joules?

Smart Joules' top competitors include Landis+Gyr, Sense and Metronome. Among them, Sense secured the most recent funding round in January, 2026.

Smart Joules - 2026 Company Profile, Team, Funding, Competitors & Financials

Smart Joules is a series B company based in Delhi (India), founded in 2014 by Sidhartha Gupta, Arjun P Gupta and Ujjal Majumdar. It operates as a Provider of AI-powered energy efficiency solutions for commercial buildings. Smart Joules has raised $20.7M in funding from investors like Asian Development Bank, Guardian Advisors and IntelleVentures, with a current valuation of $*****. The company has 5007 active competitors, including 719 funded and 461 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Metronome.

Company Details

Provider of AI-powered energy efficiency solutions for commercial buildings. It provides cooling solutions through a subscription model, focusing on total cost of ownership. It offers design, implementation, operations, maintenance, and optimisation services. The company delivers efficiency through design, equipment, and data-based operations.

Website: smartjoules.co.in
Social
Email ID: *****@smartjoules.in
Phone Number: +91 **********
Registered Address: 34 SHRI RAM ROAD CIVIL LINES, North Delhi, DELHI, Delhi, India, 110054

Key Metrics

Founded Year

2014

Location

Delhi, India

Stage

Series B

Total Funding

$20.7M in 6 rounds

Latest Funding Round

Series B, Nov 28, 2025, $*****

Post Money Valuation

$***** as on Nov 28, 2025

Investors

Asian Development Bank & 27 more

Ranked

12^th among 5007 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

204 as on Aug 31, 2025

Similar Companies

Landis+Gyr & 6639 more

View Smart Joules' full profile

Smart Joules is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SMART JOULES PRIVATE LIMITED CIN: U40300DL2014PTC273904 , India, Active	Dec 08, 2014	₹50 - ₹100 Cr (As on Mar 31, 2025)	217 (As on Feb 01, 2026)

Smart Joules has raised a total funding of $20.7M over 6 rounds. Its first funding round was on Jun 30, 2020. Its latest funding round was a Series B round on Nov 28, 2025 for $*****. 4 investors participated in its latest round. Smart Joules has 17 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Smart Joules:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2025	2803729	Series B	4861051	3259552	2741943	5034380
May 02, 2025	6276441	Series A	1247368	8274128	7954737	Wayne H Davis & 4 more
Feb 21, 2024	8139160	Conventional Debt	1300882	5984975	5427647	European Development Finance Institutions & 1 more

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View details of Smart Joules's funding rounds and investors

The founders of Smart Joules are Sidhartha Gupta, Arjun P Gupta and Ujjal Majumdar. Arjun P Gupta is the CEO of Smart Joules.

Here are the details of Smart Joules' key team members:

Sidhartha Gupta: Co-Founder & CFO of Smart Joules. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Arjun P Gupta: Co-Founder & CEO of Smart Joules.
Contact Info: 1 email address
Ujjal Majumdar: Co-Founder & COO of Smart Joules.
Contact Info: 1 email address

Smart Joules' Board of Directors

Smart Joules's board has 6 active members. Upendra Bhatt, Sidhartha Gupta, Karan Gupta, Arjun Prem Chand Gupta and Suken Kirit Shah are part of team and Ranganath Nuggehalli Krishna is independent board member.

Here is the list of Smart Joules' board of directors:

Name	Type	Representing	Status	Duration
Sidhartha Gupta	Team	-	Current	11y 7m
Arjun Prem Chand Gupta	Team	-	Current	11y 7m
Upendra Bhatt	Investor	cKinetics	Current	4y 9m
mgpziaq	Investor	-	Past	7y 3m
yrneu{j	Investor	-	Past	7y 3m
Ranganath Nuggehalli Krishna	Independent board member	-	Current	4y 9m

View details of Smart Joules's Founder profiles and Board Members

Smart Joules' employee count trend

Smart Joules has 204 employees as of Aug 25. The total employee count is 9.0% more than what it was in Aug 24. Here is Smart Joules's employee count trend over the years:

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Top competitors of Smart Joules include Landis+Gyr, Sense and Metronome. Here is the list of Top 10 competitors of Smart Joules, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	IDO Investments, Shell Ventures & 21 others	76/100
3rd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
4th	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	72/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	70/100
6th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	70/100
7th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	69/100
8th	Optimum Energy 2005, Seattle (United States), Acquired	SaaS-driven HVAC optimization software for commercial spaces	$40.9M	Navitas Capital, Edison Energy & 3 others	69/100
9th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Founders Fund, Eight Roads Ventures & 10 others	69/100
10th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	69/100
12th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Burman Family, Asian Development Bank & 26 others	68/100

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Founders own 20.11%, Funds (largest shareholder) own 34.09%, Enterprises own 11.75% and Angels own 2.75%. The net worth of Smart Joules's founders is INR 62.9Cr as of Nov 28, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	20.11%	62.9Cr	7706084	1635169	9670948	9745901
Ujjal Majumdar	2721	6473	5598	7676	7664	2147
Fund	34.09%	107Cr	1313574	8790390	6633970	8955838
SBI Ventures	1483866	6071545	9258006	1999548	3345760	7886000
Aarem Ventures	470861	941178	313598	757377	296442	432293
Sangam Ventures	0	0	0	0	0	0
Enterprise	11.75%	36.7Cr	6034080	5519449	8425650	3853911
Angel	2.75%	8.6Cr	48	56	44	63
Other People	27.75%	86.7Cr	9087438	7049544	2369785	8013274
ESOP Pool	3.56%	11.1Cr	871	588	795	154
Total	100.00%	313Cr	3015450	6447368	2121795	6139554