IoT startup Zenatix lands $1.2 Million in funding to help enterprises save energy
Zenatix helps empower businesses and take control of their energy usage in real time. It does this through technology, analytics, control, and operations.
“We have a subscription based engagement model — the customer doesn’t have to pay anything upfront. It is a fixed annual fee whereby the energy efficiency benefit itself outweighs the fee. Additionally, there are multiple other benefits such as improved consumer experience and ability to automatically audit the usage of electricity. Typically, the customers become cash flow positive from 1st quarter itself,” said Rahul Bhalla, Co-founder and CEO, Zenatix. Read the full article here.