Team Startupcity

·  Raised $2 million from Transition VC to expand smart metering and smart city applications.

·  Plans to deploy 250 million smart meters in 4–5 years, targeting  Rs 300 crore revenue by FY28.

·  Exploring global expansion with interest from markets like the US and Japan.

Committel, a Bengaluru-headquartered deeptech communications company building smart, device-agnostic IoT infrastructure for utilities and smart cities, has raised $2 million from transition-focused investment vehicle Transition VC.

The money will be employed to speed up smart meter rollouts and extend to wider smart city use cases, such as smart lighting, water metering, and smart infrastructure management.

Started in 2018 by Amarjeet Kumar and Vikas Kashyap, Comminent creates standards-based, device-independent RF mesh communication networks for mission-critical infrastructure. Its high-throughput, self-healing, secure, and interoperable network stack overcomes the scalability, reliability, and latency limitations of traditional communication systems.

Also Read-Holiday Tribe Raises Rs 25 Crore Pre-Series A to Scale AI Travel Platform

The startup is looking to offer utilities and OEMs a cost-effective and globally scalable solution, appropriate even for rural and non-urban regions. Comminent is looking to install 250 million smart meters in the next 4–5 years and is hoping to reach  Rs 300 crore in revenue by FY28.

It has already signed over one million endpoints on current contracts and is in negotiations for further smart metering schemes. The company is also making progress in smart street lighting and water metering projects and plans to expand globally through partnerships. International interest was seen early from the US and Japan.