Energetica India Magazine -October 2020

1 Million of monthly booked revenue in March 2020 and aimed to grow 3X this FY despite a quarter getting lost due to lockdowns. Founders and Directors: Pranesh Chaudhary is the Founder and CEO of ZunRoof Tech Private Limited. He founded the company in 2016 with his long-time confidant and close friend Sushant Sachan, the Chief Product Offi - cer at ZunRoof. In 2018, Pranesh received the Young En- trepreneur Award for his entrepreneurial achievement in the field of installation of solar rooftop panels in India. Prior to founding Zunroof, he worked at the Essex Lake Group, London and Capital One, Bangalore as a Manage- ment Consultant. He has over 10 years of experience in the domains of risk analytics and management, marketing & acquisitions strategy, customer seg- mentation, expense re-engineering and operations management. He has graduated from the Indian Insti- tute of Technology, Kharagpur, where he served as the Editor of their campus newspaper, The Scholar’s Avenue. On the other hand, Sushant is the Chief Product Officer of ZunRoof. He has more than ten years of deep domain experi- ence in solar power technology. Prior to founding Zunroof, he worked in a senior technology management role at Sun- borne Energy Technologies. Sushant has graduated from the Indian Institute of Technology (IIT), Kharag- pur with a dual degree in engineering. Considered to be a product wizard, he holds many years of hands on expertise in hardware and software product de- velopment. Sushant also contested in multiple tech tournaments during his IIT days, fiercely competed between multi - ple colleges and is always remembered as a product design and tech champion by his IIT associates. Investment: Zunroof has raised over USD 4.2 million in funding from Godrej Family Fund, In- tellicap Investment Network, IIT Kharag- pur seniors and Ramakant Sharma, Co-Founder, Livspace. Product/ Services Details: The company is a home-tech company, powered by a mix of Image Processing, VR, IOT and Data Analytics. It offers rooftop solar installations, and provides sense and control of every appliance in one’s house. It’s design and delivery ap- plications ensures all-time high adoption and higher output per kW of solar. During the design phase, the company’s app takes one image of the roof as input and instantaneously generates shadow profile of roof, optimum orientation and placement of panels and shows the cus- tomer multiple design options in a Virtual Reality Set Up. In delivery phase, it has a supply-con- trolled marketplace to ensure lowest price and best quality plus financing offers for home-owners. Also, it has 50+ quality check-points for the customer. The company have multiple IoT devices to provide home-owners control of the generation and consumption of elec- tricity in their homes. It applies machine learning to provide recommendations for better electricity usage. Focus Market The company has operations in 12 states across India and currently provides ser- vices in more than 75 cities spanning from large metros to small tier-2 cities and towns. Market Scope Smart home devices are still an emerg- ing category with huge growth potential, as more and more Indian homes sub- scribe to broadband connections pow- ered by WiFi, their demand increased for Emerging Innovators energetica INDIA- October_2020 33