Kumar Electric raises $50 million to scale AI-led energy management solutions

Kumar Electric raised $50 million in seed funding to scale AI-driven energy optimisation systems and expand its smart-energy product deployments.

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Kumar Electric raises $50 million to scale AI-led energy management solutions

Kumar Electric raises $50 million to scale AI-led energy management solutions
Kumar Electric secured $50 million in seed funding from a consortium of global investors to expand its AI-powered energy optimisation platform. The company plans to deploy capital towards hardware-software integration, scaling grid-level intelligence systems and accelerating manufacturing for its smart-energy devices. Investors noted the rising demand for predictive load balancing and autonomous energy scheduling across commercial and industrial categories. 
Analysts said the deal size reflects strong confidence in India’s emerging climate-tech segment. The firm aims to expand into South-East Asia after completing domestic deployment milestones.