WorkOnGrid Raises $2.4M for AI Utility Data Expansion

Bangalore-based AI startup WorkOnGrid has raised ₹22.5 Cr ($2.4 million) in a funding round led by Transition VC, with participation from the Indian Angel Network. The company plans to deploy the capital to fuel international expansion, strengthen its AI/ML capabilities, and build out its infrastructure.

Founded in 2017, WorkOnGrid provides a data warehousing and analytics platform for utility companies. Its platform aggregates and analyzes data from smart meters, field devices, and operational software used by electricity, water, and gas utilities. The goal is to provide actionable insights to improve network efficiency.

WorkOnGrid’s primary product, Grid, acts as a central system for collecting and organizing operational data, connecting various systems used by utilities, such as billing, meter data, and field workforce tools. This enables managers to monitor operations, generate reports, and detect issues quickly. The platform can also detect electricity theft, identify faulty meters, predict maintenance needs, and highlight network issues.

Prior to this round, WorkOnGrid had raised $820,000 in two funding rounds. The investment reflects increased investor focus on AI startups with strong use cases. Recent deals include H2LooP’s $2 million raise to scale its AI platform for embedded systems and Noon’s $44 million raise to accelerate product development.

Investment firms are increasingly backing AI and technology startups that automate operations and deliver accurate solutions. Qualcomm, for example, announced plans in February to invest $150 million in India’s AI startup ecosystem through Qualcomm Ventures.