Godrej family-backed smart and sustainable energy startup zunpulse has been awarded the National Startup award 2021 in the Energy sector organized by Startup India,
So far, zunpulse has impacted 1,00,000 homes and aims to impact 7 million homes in the next 5 years. Amidst the second wave of the global pandemic where all the industries were hit hard, the startup witnessed a sharp growth of 160 per cent in FY21, the company said.
Smart homes
The startup is expected to close FY21 with a Rs.100 crore annualized revenue run-rate and grow to Rs.400 crore annualized revenue run-rate in two years. With zunpulse committing to make a significant move in the smart home automation category, the world can expect to see smart homes come alive in the Indian market at a significant pace, zunpulse said.
Proud moment
Commenting on the accolade, Pranesh Chaudhary, Founder & CEO at zunpulse said, “We are honoured and grateful to have received this award. It is a proud moment for the whole zunpulse team to receive this glorious accolade and interact with the Hon’ble Prime Minister of India Shri Narendra Modi. We started five years ago with one aim in mind – to solve supply and consumption of electricity in Indian homes. We aim to empower every home with smarter choices for every electrical need. Receiving this award has reignited our motivation and inspired us to stay firmly on the ground whilst aiming for the stars.”
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Startup India
zunpulse bagged the prize among 2,177 nominations from across 49 sub-sectors. The awards are a part of the Startup India initiative under the flagship of Prime Minister Narendra Modi. The implementation agency for Startup India is the Department for Promotion of Industry & Internal Trade (DPIIT) that falls under the Union Ministry of Commerce & Industry.
Featured photograph showing a smart lighting solution by zunpulse is for representation only. Inside photograph shows the jubilant zunpulse team on winning the Startup India accolade.
