Aliste Technologies Offers Affordable Smart Homes
Noida-based Aliste Technologies is providing smart home solutions for customers by combining climate consciousness with luxury. The startup was founded by six collegemates from VIT Vellore--Anant Ohri, Konark Gautam, Aakarsh Nayyar, Udit Pandoh, Bhavya Kansal, and Shreyansh Jain, in 2021. Aliste Technologiesoffers smart appliances such as motion sensing devices, smart gate solutions, Security devices like CCTV cameras, and touch-enabled switchboards that can be controlled with a mobile application. Apart from controlling the appliances, its mobile application allows changing mood lighting, provides smart analytics, and more. So far, the startup claims to have completed around 2,500 residential and hospitality projects across 25 Tier-I and Tier-II cities across India. Some of its projects have been in collaboration with big names like House of Hiranandani, T&T Builders, Taj Hospitality, and more. Aliste has also collaborated with channel partners in the industry like YK Almoayyed & Sons to take its products to countries like the UAE and Bahrain. With an initial investment of approximately Rs 20-25 lakh, the six friends established Aliste in 2021. Aliste’s smart home product line includes a five-switch Sync Model that costs between Rs 9,000 and Rs 10,000 per switch board. The price of individual products are priced in the range of Rs 2,500 to Rs 11,000 per product, while packages start from Rs 30,000. For Aliste, the primary focus is reducing the energy consumption through its smart appliances. Fitted with current sensors, the appliances record data of the energy consumption in a month. The team sends a notification when the energy consumption goes beyond a particular limit. It also prompts the user to reduce the consumption by a certain amount in exchange for free automation for two months as a reward. “We believe that gamifying and incentivising conscious energy usage has long term benefits,” adds Anant. Akarsh, who spearheads the research and development of Aliste’s home solutions, feels that having an in-house technical wing also gives the team an edge over other players. Aliste has plans to raise funding in the near future. It also plans to shift from a Capital Expenditures (CAPEX) mode to Operation Expenses (OPEX) model, particularly a subscription-based model, to make automation more accessible. The startup’s larger vision is to reduce electricity consumption in India and have a greener world.
Tags : Aliste Technologies Affordable Smart Homes Anant Ohri Konark Gautam Aakarsh Nayyar Udit Pandoh Bhavya Kansal Shreyansh Jain Capital Expenditures (CAPEX)