Enerzolve is building power converters, transformers, and meters for India's grid

Enerzolve Smart Technologies, a Bengaluru-based startup, is focused on manufacturing power converters, transformers, and meters within India. The company's founder and CEO, Abhay Adya, aims to reduce dependence on imports by designing and producing these components domestically. Adya's background in electrical and electronics engineering, along with previous roles in business development, mergers and acquisitions, and energy transition, has equipped him with the expertise needed to lead Enerzolve.

Enerzolve's primary product is a power conversion system, a two-way inverter that connects battery energy storage systems to the grid. Operating at higher frequencies allows for smaller components, making the 30 kW to 2.5 MW systems weigh around two tonnes. The company has also filed patents for its products in India and the United States.

Its second product, a solid-state transformer, relies on power electronics and software instead of an iron core, aiming to replace conventional, bulky transformers with software-driven devices.

Enerzolve's instruments business includes ultrasonic water meters and energy and gas meters. The company sells to businesses and institutions, with 35 paying customers currently. Enerzolve's immediate priority is to replace imported equipment with domestically designed and manufactured products, with the long-term goal of introducing solid-state transformers to replace conventional, bulky transformers.

The company has secured $5.1 million in seed funding, led by Jungle Ventures and Kae Capital, and is part of YourStory's Tech30 cohort.