This Research Note examines Smart Joules, one of 11 Indian smart building startups recognized as gaining traction in our March 2025 Research Note. We explore the company’s solutions and services, external funding, vertical markets, deployments, and competition. Smart Joules Profile Smart Joules claims to be India’s leading energy efficiency company. Founded in 2014 by CEO Arjun Gupta, Smart Joules has developed a Cooling-as-a-Service solution, that has been designed with energy efficiency at the core of the offering. The company has 56+ clients across India and Indonesia, with average annual energy savings of 35%. Smart Joules is supported by clients across India as well as organizations such as NITI Aayog, The World Bank, Asian Development Bank (ADB), and the International Energy Agency (IEA). LinkedIn reports 210 employees, with a 24% growth in headcount over the last two years. Solutions & Services The firm offers three solutions addressing energy efficiency initiatives across buildings in India: JoulePays, designed for […]
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