Aliste Technologies, a smart home automation startup, secured $1 million in funding led by YourNest Venture Capital and Artha Venture Fund, with contributions from notable investors including Dholakia Ventures, KRS Jamwal, and Anikarth Ventures. The company also received backing from existing institutional investor 100X.VC. Aliste has established a robust foothold in the NCR region and recently expanded to Bangalore. Its subscription-based model for customers has fueled remarkable growth for the company.

Having secured fresh funding, Aliste Technologies plans to expand its presence across India and enhance its brand visibility, as mentioned in its statement. Founded in 2021 by VIT batchmates Aakarsh Nayyar, Anant Ohri, Bhavya Kansal, Konark Gautam, Shreyansh Jain, and Udit Pandoh, the company focuses on the home automation market, aiming to make technology-driven homes accessible to homeowners and businesses. Their objective is to enhance customer experiences and promote energy conservation.

Aliste Technologies offers innovative retrofit automation products enabling users to control their existing appliances through an app or voice assistants. Their subscription model starts at Rs 1 per appliance per day. Anant Ohri, Co-Founder of Aliste, highlighted the gap in India's consumer IoT segment and emphasized their solution's potential to not only provide comprehensive automation but also contribute to energy savings. Aliste's products prioritize user comfort while aiming to achieve 10 – 15 per cent savings on monthly electricity bills. Ohri further expressed their goal of saving $1 million worth of electricity by 2025.