WorkOnGrid, an AI-native operations intelligence platform for power, water and gas utilities, has raised ₹225 million (~$2.43 million) in a funding round led by Transition VC. The funding round also saw participation from the Indian Angel Network.

The funds will be used to scale WorkOnGrid’s global go-to-market efforts, enhance its AI and machine learning capabilities, and build international infrastructure.

WorkOnGrid is developing a unified data intelligence layer for power, water, and gas utilities to address growing challenges stemming from rising operational complexity, the need for real-time decision-making, and fragmented systems.

The intelligence layer platform will integrate data from different sources, such as financial systems, smart meters, and geographic information systems, into a single queryable environment. This integration will enable sub-second insights and automated workflows.

The platform is based around an integrated architecture that combines a data lakehouse, operational intelligence, workflow automation, and AI-driven analytics. It helps utilities transition from reactive operations to predictive, increasingly autonomous decision-making to improve the efficiency and reliability of critical infrastructure.

WorkOnGrid is working with over 20 utilities worldwide and manages data from millions of smart meters. Notably, the platform has been deployed with Apraava Energy.

An increasing number of smart grid companies are raising funds to develop technologies to enhance grid intelligence, efficiency, and automation with digital and AI-driven solutions.

Last October, Bengaluru-based renewable energy intelligence company Smart Grid Analytics raised $3.3 million (~₹289.75 million) in funding from strategic investors and clean energy veterans worldwide. The funding will be used to develop technology to make renewable power projects more intelligent, efficient, and autonomous, enabling grids to meet and exceed renewable energy targets.

In 2025, corporate funding for smart grid companies rose 38% year-over-year to $3.3 billion across 84 deals, up from $2.4 billion across 67 deals in 2024, according to Mercom Capital Group’s Annual and Q4 2025 Funding and M&A Report for Smart Grid. Deal activity increased 25% during the year. Venture capital funding for smart grid companies reached $1.8 billion across 68 deals in 2025, up 6% from $1.7 billion across 56 deals in 2024.