What is Prescinto?
Based out of Ahmedabad, India, Prescinto operates within the burgeoning solar energy market, offering advanced monitoring technology and comprehensive analysis software. The company's solutions are designed to optimize the performance and efficiency of solar installations, providing critical data insights for operators and stakeholders. This focus on data-driven optimization positions Prescinto as a key player in enhancing the reliability and economic viability of solar power generation.
How much funding has Prescinto raised?
Prescinto has raised a total of $10M across 2 funding rounds:
Angel/Seed
$3.5M
Other Financing Round
$6.5M
Angel/Seed (2021): $3.5M with participation from LetsVenture, Inflection Point Ventures, Mumbai Angels, and Venture Catalysts Uttar Pradesh
Other Financing Round (2022): $6.5M, investors not publicly disclosed
Key Investors in Prescinto
Inflection Point Ventures
Inflection Point Ventures is a leading angel investing platform in India, focused on providing viable investment opportunities and founder-friendly support to startups. They aim to create an accessible angel-investing network, offering both funding and non-monetary support for growth and scalability.
Mumbai Angels
Mumbai Angels Network is a prominent Indian angel investment network specializing in early-stage startups, offering mentorship and access to a robust investor network. Established in 2006, they have facilitated over 200 investments and focus on achieving successful exits, backed by 360 ONE.
Venture Catalysts Uttar Pradesh
Venture Catalysts is a leading Indian incubator and venture capital firm supporting early-stage startups across multiple sectors. Since 2016, they have backed over 110 startups with funding, mentoring, and network access, aiming to create a large community for entrepreneurs and investors.
What's next for Prescinto?
The recent major strategic investment signals a new phase of expansion and technological advancement for Prescinto. With substantial capital now available, the company is poised to scale its operations, enhance its software capabilities, and potentially broaden its market reach. This strategic financing is likely to fuel further innovation in solar monitoring and analytics, reinforcing Prescinto's competitive edge in the global renewable energy landscape.
See full Prescinto company page
