Prescinto, a leading tech startup reinventing the renewable energy industry through its AI-powered platform, has raised funding of $3.5 Mn in the seed round through Mumbai Angels Network and other External Investors. Prescinto is an IIoT Platform designed for vendor-agnostic connectivity and real-time insights for Solar plants. It is currently the most advanced solution in an industry which is still at the data acquisition and visualization stage. The company offers a comprehensive suite of services including data acquisition & visualization, advanced analytics, and O&M automation, with a strong pipeline of IPs in the domain. Prescinto has been recognized amongst the top 10 AI startups by Stellaris Venture Partners and International Finance Corporation as well as awarded the RE Assets Award for the best data Analytics platform by the Solar Quarter. After demonstrating itself with customers like Radiance Renewables, SoftBank Energy, etc, and establishing its leadership in the Indian market, Prescinto plans to expand to and capture International markets through its single-minded focus on performance enhancement. |
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