Prescinto Technologies is a cloud-based, asset-agnostic SaaS platform that provides real-time monitoring, analytics, and automation for solar, wind and battery energy storage assets. Its platform remotely retrieves critical battery data, tracks energy block-wise data, and offers customized performance analytics and testing tools for battery health, module tracking and lifecycle digitization. Prescinto says its solutions can improve energy generation by up to 7% or more for solar and wind projects while also optimizing battery energy storage systems. The company reports managing more than 12 gigawatts of renewable assets across 14 countries. Recently it completed a $6.5M financing and launched in the U.S., securing a first U.S.-based client via a partnership with a major international energy storage developer and manufacturer. Prescinto has expanded its team with dedicated representatives in the U.S. and Europe and plans further market expansion and growth of its technology and service offerings. Prescinto is an IIoT and AI-powered clean energy SaaS platform that collects plant data, applies data-science models, identifies root causes of underperformance in real time, and suggests ways to improve generation. The vendor-agnostic platform offers data acquisition and visualization, advanced analytics, and O&M automation, with a strong pipeline of IPs in the domain. Prescinto reports that its platform increases solar power plant generation by ~5–7% at a cost of roughly 0.1% of revenue, delivering 20X–50X ROI for asset owners in the first year. The company has demonstrated traction with customers including Macquarie (Stride Climate Investments), Essel Infrastructure, GMR, Radiance Renewables, and SoftBank Energy, and reports 3X annual growth reaching ~9 GW of solar plants across 14 countries. It has been recognized among the top 10 AI startups by Stellaris Venture Partners and the IFC and won the RE Assets Award for best data analytics platform. Prescinto plans international expansion primarily to the US and further IP development to deepen its AI moat. The company is based in Delhi.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2022