ABOUT US

With HVAC systems already accounting for up to 60% of energy costs, the people, the planet, and profit appear to be at a crossroads with each other, making it imperative to decouple the gridlock.
The answer to this impending conundrum lies in Energy Efficiency. We are Smart Joules.

And we are pioneering the journey towards profitable decarbonization.

The most comprehensive efficiency-first pay-as-you-save solution.
India's first zero-investment, cooling-as-a-service solution.
India's efficiency-first AI-powered Building Optimization, Savings and Sustainability (B.O.S.S.) system.

We are Smart Joules.
And, we are pioneering the journey towards profitable decarbonization.

OUR SOLUTIONS

The most comprehensive efficiency-first pay-as-you-save solution

India's first zero investment, cooling-as-a-service solution

India’s efficiency-first AI powered Building Optimization, Savings and Sustainability (B.O.S.S.) system.

OUR VISION

To reduce 29 million tonnes of Co2 by 2030 by pioneering profitable decarbonization.

OUR MISSION

To make energy efficiency simple, substantial and profitable through cooling-as-a-service business models, intelligent automation technologies and efficiency-first processes, culture and values.

OUR MILESTONES

2014

Founded by Arjun Gupta, Ujjal Majumdar, and Sidhartha Gupta, Smart Joules embarked on a mission to make energy efficiency simple, substantial and profitable.

2015

We launched JoulePays, a pioneering Pay-As-You-Save business model, marking a significant stride in India’s journey towards profitable decarbonization.

2016

We were recognized by the Ministry of Power and CII for our first JoulePays project. We also launched DeJoule, an efficiency-first AI and IoT based Building Management System (BMS). 

2017

As a testament to Smart Joules’ growing repute in the energy efficiency space, we were recognized among Shell’s Top 3 #MakeTheFuture Accelerator participants.

2018

We won an International Award for a portfolio energy efficiency project from the German Energy Ministry highlighted Smart Joules' global impact and commitment to driving energy efficiency on an international scale.

2019

We were recognized by the Basel Agency for Sustainable Energy (BASE) for pioneering the Cooling-as-a-Service business model in India, underscoring the company's role as a trailblazer in the energy-efficiency space.

2020

We grew into a 100-member strong team with operations in 15 cities and successfully executed 22 projects, showcasing its rapid growth and expanding footprint.

2021

We raised USD 5 million in a successful Series A funding round led by ADB Ventures. We also forayed into the Indian pharma sector with Amneal Pharma, Ahmedabad.

2022

We signed India’s first corporate-wide energy savings agreement with Apollo hospitals, along with securing our first JouleCOOL agreement with KIMS Hospitals. We also signed our first DeJoule contracts with Sunshine, GKNM, and ITC.

2023

We forayed into the Indian hospitality sector with Le Meridien, Gurgaon, showcased the company's continued expansion into new sectors.

2024

We secured $8 million in debt funding from Denmark's IFU and grew to becoming a 200-member strong organization. We also forayed into international markets with the first DeJoule commissioning in Indonesia and while also unveiling our new brand identity, underscoring our future ambitions.

AWARDS & RECOGNITION

Smart Joules’ Client, Apollo Speciality Hospitals, Madurai has won the

GOLDEN PEACOCK AWARD FOR ENERGY EFFICIENCY

2023

Smart Joules’ client, G.Kuppuswamy Naidu Memorial Hospital received

LEED PLATINUM CERTIFICATION

by U.S. Green Building Council and CII- Indian Green Building C (IGBC);

2022

Smart Joules’ client Apollo Gleneagles Hospital Kolkata won the

GREEN BUILDING AWARD

from among 600+ nominations; Smart Cities Expo, New Delhi.

2021

Smart Joules’ client KIMS Hospital won the

Kerala State Energy Conservation Awards

Energy Management Cell, Government of Kerala

2020

Smart Joules’ client Apollo Hospital, Ahmedabad won the prestigious

Asian Hospital Management Awards

for excellence in cost reduction out of 500 applicants from 17 countries

2019

Smart Joules’ client Apollo Hospital, Ahmedabad won the prestigious

Golden Peacock Award for Energy Efficiency

out of 550 applicants

2019

OUR CLIENTS

OUR INVESTORS

Dhruv Chopra

Nadir Godrej

Paul Sellew

Wayne Davis

Saket Burman

MEDIA HIGHLIGHTS

From Apollo to ITC, Smart Joules is helping Indian enterprises save millions in energy cost- The Economic Times

Energy solutions company Smart Joules raises funding from IFU- Yourstory

Smart Joules raises $4.1 million Series A from Sangam, ADB Ventures, Burman Family Office, Max I. Limited, cKinetics Accelerator and other marquee investors- PR Newswire

OUR CORE VALUES

GO GREEN collectively echoes everything Smart Joules stands for, and stands by.

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