Funding · Enterprise Software & IT
Ubiqedge raises ₹10 crore in seed funding to scale AIoT platform for industrial infrastructure
By Startup Enthusiast ·
- Date
- Company
- Ubiqedge
- What it does
- AIoT platform for industrial infrastructure
- Kind
- Funding
- Amount
- ₹10 Cr
- Stage
- seed
- Based in
- Mumbai
- Founded
- 2024
- Sector
- Enterprise Software & IT
What they do
Ubiqedge builds an AIoT operating system to monitor, control and optimise water, energy and construction assets in real time
What happened
The company raised ₹10 crore in a seed round led by Piper Serica, with participation from Shibam Das and Sumit Chhazed
Why it matters
Ubiqedge has been profitable since its first year and has deployed its platform across water, air quality, solar and construction use cases
The details
- Ubiqedge raised ₹10 crore in a seed funding round led by Piper Serica, with participation from Shibam Das and Sumit Chhazed.
- The funding will be used to strengthen AI capabilities, scale deployments across industrial use cases, and expand its ecosystem of partners.
- Ubiqedge is building an AIoT operating system to monitor, control and optimise water systems, energy infrastructure and construction operations in real time.
- The company combines hardware and AI-powered software to convert real-time data into actionable insights and automated controls.
- Ubiqedge is currently deployed across water management, air quality monitoring, solar energy optimisation and in-transit concrete management.
- It has digitised over 23,000 borewells and reduced issue resolution timelines by over 80 percent.
- The company has been profitable since its first year of operations.
The bigger picture
- Industrial infrastructure faces inefficiencies due to fragmented systems and delayed decision-making.
- Ubiqedge addresses this by providing real-time monitoring and control solutions for water, energy and construction sectors.
- The company's platform helps enterprises meet regulatory requirements and improve operational efficiency.
About the business
- Ubiqedge builds an AIoT operating system for industrial infrastructure.
- The system combines hardware and AI-powered software to monitor and control critical assets in real time.
- It is used in water management, air quality monitoring, solar energy optimisation and in-transit concrete management.
- The platform helps enterprises reduce operational losses, ensure compliance and improve efficiency.
- Ubiqedge has digitised over 23,000 borewells and reduced issue resolution timelines by over 80 percent.
What happens next
- Ubiqedge plans to scale deployments across water, air quality, solar, construction and other industrial use cases.
- The company aims to expand its ecosystem of system integrators and OEM partners.
- Over the next 12–24 months, Ubiqedge aims to become the default platform for infrastructure monitoring and control.
The deal
- Type
- funding
Investors
- Piper Serica (lead) — Investment firm that led the seed funding round.
- Shibam Das (participant) — Co-founder and CEO of Atomberg.
- Sumit Chhazed (participant) — Co-founder and CEO of OTO.
Founders
- Visat Patel, Co-founder and CEO
About Ubiqedge
- Customers
- Enterprises managing water systems, energy infrastructure, construction operations, and industrial facilities
- How it makes money
- B2B SaaS and hardware integration for industrial operations
- What sets it apart
- Converts real-time data into automated controls and actionable insights for industrial infrastructure
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