IIT Madras incubated Zerowatt Energy expands to UK with ₹116 crore global push

Leveraging the just-concluded historic India-UK trade deal, Zerowatt Energy, incubated by the IIT Madras Incubation Cell, is expanding operations into the global market based in the UK, backed by an investment of ₹116 crore (£10 million).

Originally founded in Kerala and nurtured by Kerala Startup Mission (KSUM), Zerowatt has developed IoT and AI-driven technology to reduce energy costs and carbon footprint in industrial facilities.

Ansha Naji, founder & CEO of Zerowatt said, "Zerowatt's platform is already transforming hundreds of industrial sites in India, and this new global base will amplify our impact worldwide."Zerowatt currently serves over 100 industrial installations, including Aqua Group, Peekay Steel, Mahindra Aerospace, Manorama Group, Venus Water Heaters, Medreich Pharma, Infoparks Kerala, and many others.

Key sectors using Zerowatt's solutions include steel, foundries, automotive, chemicals, food processing, pharmaceuticals, textiles, glass, and appliance manufacturing.