Press Releases

Zenatix (part of the $11 billion Hero Group) that enables small & mid-sized buildings to drive energy efficiency, has announced it has expanded its operations to the UAE and Middle East region to offer organisations a robust cloud-based energy and asset management solution.

Hero Electronix, set up by Hero Group in 2015 to tap emerging digital opportunities, on Tuesday said it has acquired energy management startup Zenatix Solutions Pvt. Ltd for an undisclosed amount. As part of its fourth acquisition in a little over two years, Hero Electronix bought out all investors including Blume Ventures and Pi Ventures.

Gurgaon-based Zenatix Solutions Pvt Ltd, an Internet of Things (IoT)-based energy management startup, has raised Rs 8 crore ($1.18 million) led by pi Ventures with participation from existing investor Blume Ventures.

Gurgaon-based Zenatix Solutions Pvt Ltd, an Internet of Things (IoT)-based energy management startup, has raised an undisclosed sum in a pre-Series A round from Blume Ventures.