IntelliSmart
IntelliSmart is a digital energy infrastructure company deploying smart electricity and gas metering solutions for Indian state-owned DISCOMs and gas utilities under the government-backed RDSS program, with a portfolio of 2.22 crore meters across five states.
- Company typePrivate
- Founded2019
- HeadquartersGurugram, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
What IntelliSmart does
IntelliSmart Infrastructure Private Limited is a digital energy infrastructure company founded in 2019 and headquartered in Gurgaon, India. It operates as an Advanced Metering Infrastructure Service Provider (AMISP), deploying end-to-end smart electricity and gas metering solutions—including prepaid meters, consumer data management platforms, and AI/ML-based analytics—for state-owned electricity distribution companies (DISCOMs) and City Gas Distribution companies. The company's product portfolio centers on Smart Metering Infrastructure (prepaid electricity meters with time-of-day tariff capability), Smart Gas Metering (India's first TOTEX-model deployment in Assam), Digitalisation Solutions, AI Solutions, the I-Strive workforce application, and a centralized Network Operation and Monitoring Centre (NOMC). It also runs the INSTINCT innovation program across multiple cohorts.
The business model is B2G, with revenue generated through multi-year contracts won via competitive tenders under India's Revamped Distribution Sector Scheme (RDSS). IntelliSmart has executed projects across Uttar Pradesh, Assam, Gujarat, Bihar, and Madhya Pradesh, plus managed EESL's metering projects in two Union Territories since 2019. Reported FY25 consolidated revenue was Rs 621 crore with operating margins turning positive at 7.6%; the cumulative portfolio has scaled to 2.22 crore (22.2 million) meters. The company was originally established as a joint venture between NIIF (51%) and EESL (49%), and in June 2026 Adani Energy Solutions announced a binding agreement to acquire 100% of the equity for Rs 3,050 crore (~6x price-to-sales), creating India's largest smart metering platform with over 4.7 crore combined meters.
IntelliSmart firmographics
Firmographics- Name
- IntelliSmart
- Legal name
- IntelliSmart Infrastructure Private Limited
- Website
- https://intellismartinfra.in
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- IntelliSmart is a digital energy infrastructure company deploying smart electricity and gas metering solutions for Indian state-owned DISCOMs and gas utilities under the government-backed RDSS program, with a portfolio of 2.22 crore meters across five states.
- Ownership category
- akta.pro rank
IntelliSmart industry classification
Industry- Product category
- Smart Metering Infrastructure / Advanced Metering Services
- NAICS
- Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computer Facilities Management Services (541513)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Advanced Metering Infrastructure (AMI) Deployment & Managed Services (EUAEANAA)
- akta.pro secondary industries
- Customer Grid-Edge Enablement Services (HEMS/DR Device Integration, VPP Enablement) (EUAEANAL), EDA Cloud/SaaS, Design Data Management & Collaboration (HDAHAFAJ)
Keywords
Where IntelliSmart is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
IntelliSmart business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Smart Metering Project Implementation: IntelliSmart operates as an AMISP (Advanced Metering Infrastructure Service Provider), winning contracts from state DISCOMs to deploy smart meters. Revenue is generated through project implementation fees, supply of meters, installation services, and ongoing operational management. The company reported consolidated revenue of ₹621 crore in FY25 with operating margins of 7.6%.
- Gas Metering Solutions: Expansion into smart gas metering with pilot project in Assam (first in India on TOTEX model), deploying over 1,500 smart gas meters for Assam Gas Company Ltd with a next phase covering 11,000 additional meters.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise Government Contracts |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
IntelliSmart product offering
Product offeringCore offering
IntelliSmart is a digital energy infrastructure company and Advanced Metering Infrastructure Service Provider (AMISP) that deploys, installs, and operates end-to-end smart metering solutions (electricity and gas) for state-owned distribution utilities in India under the Revamped Distribution Sector Scheme (RDSS). The offering encompasses prepaid smart meters, consumer data management with AI/ML analytics, the I-Strive workforce management application, and centralized network monitoring (NOMC), delivered through long-term managed-services contracts awarded via competitive government tenders.
Product overview
IntelliSmart Infrastructure Private Limited is India’s leading smart metering and digital solutions provider, operating as a joint venture between NIIF and EESL. The company offers a comprehensive suite of smart utility solutions anchored by its Smart Metering Infrastructure core product, which enables end-to-end prepaid electricity meter deployment and management. This core is complemented by Smart Gas Metering solutions (India’s first TOTEX model pilot in Assam), Digitalisation Solutions for power sector modernization, and AI Solutions leveraging AI/ML-based analysis for utility data. Supporting modules include the I-Strive Application for workforce management and a Network Operation and Monitoring Centre (NOMC) for centralized operations. The company also fosters innovation through its INSTINCT program (INSTINCT 4.0, 3.0, 2.0, 1.0). IntelliSmart has deployed over 2.22 crore smart meters across Uttar Pradesh, Assam, Gujarat, Bihar, and Madhya Pradesh.
Differentiator
Problem solved
Functional benefit
Brands
- INSTINCT: Innovation platform/initiative for fostering technological advancements
- I-Strive
Products and services
- Smart Metering Infrastructure (Electricity) End-to-end Advanced Metering Infrastructure solution for state electricity distribution companies (DISCOMs), including supply, installation, and commissioning of prepaid smart meters with consumer data management and AI/ML-based analytics. Targeted at Indian state-owned power utilities implementing RDSS-mandated smart metering rollouts.
- Smart Gas Metering Smart gas metering solutions for City Gas Distribution (CGD) companies, enabling operational efficiency, cost reduction, and resource optimization. Delivered under the TOTEX model where IntelliSmart finances and operates the metering infrastructure.
- I-Strive Application An application platform for smart metering operations and workforce management, supporting IntelliSmart's field installation, monitoring, and operational workflows across deployed metering projects.
- Network Operation and Monitoring Centre (NOMC) Centralized network operations and monitoring service for managing smart meter network performance, uptime, and incident response across IntelliSmart's deployed metering infrastructure.
Quantifiable outcome
- Distribution losses reduced to single digits through smart metering
- +3 more outcomes
Companies that use IntelliSmart
Customer profileNamed customers6 records
Segments1 record
Ideal customer profiles1 record
IntelliSmart technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
IntelliSmart partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Bharti AirtelcoreStrategic alliance for connectivity powering up to 20 million smart meters. Airtel Business provides reliable and secure nationwide communications network for IntelliSmart's smart meter deployments across India.
- Confederation of Indian Industry (CII)coreIntelliSmart joined hands with CII to drive the first industry Core Group on Smart Metering, collaborating to advance India's largest smart metering program.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
IntelliSmart competitors and assessment
Company assessmentDirect peers
- Energy Efficiency Services Limited (EESL): India's flagship Super ESCO and IntelliSmart's original 49% joint venture partner. EESL pioneered large-scale government-tender smart metering under the UJALA/DSM framework and remains one of the largest AMISPs by meters deployed, competing for the same RDSS tenders.
- Genus Power Infrastructures: Leading Indian smart meter manufacturer and AMISP that supplies and deploys prepaid smart meters to DISCOMs. Direct competitor in RDSS tenders with comparable B2G, tender-led go-to-market and similar product breadth across electricity metering.
- HPL Electric & Power: Indian metering and energy management company that manufactures smart meters and provides AMI solutions to utilities. Competes with IntelliSmart for state DISCOM contracts and shares the B2G tender motion under RDSS.
Broad incumbents
- Adani Energy Solutions Limited (AESL): IntelliSmart's acquirer and one of India's largest private power transmission and distribution players. Operates Mumbai and Mundra power distribution franchises plus a smart metering business (AEML) that overlaps directly with IntelliSmart's AMI offerings.
- Tata Power: Integrated Indian utility with active smart metering rollouts across its distribution franchises and partnerships with DISCOMs. Comparable in deploying AMI at scale for retail consumers and using data analytics for loss reduction.
- Itron: Global leader in smart electricity, gas, and water metering with AMI platforms and managed services. Comparable in delivering end-to-end AMI for utilities, though primarily a technology vendor rather than a B2G AMISP like IntelliSmart.
- Landis+Gyr: Major global smart metering and grid intelligence provider with deep experience in AMI deployments for utilities worldwide. Highly comparable in product scope (electricity and gas smart meters, head-end systems, analytics).
- Schneider Electric: Global energy management and automation major offering smart metering, grid edge solutions, and utility analytics. Overlaps with IntelliSmart in AMI and utility digitalization, particularly through its EcoStruxure platform.
- Siemens Smart Infrastructure: Provides AMI, grid management, and digital utility solutions globally through its Smart Infrastructure division. Comparable in addressing utility digitalization, energy data management, and renewable integration use cases.
Emerging players
- Secure Meters: India-headquartered smart meter manufacturer with growing AMISP capabilities and international presence. A smaller-scale but increasingly active competitor in Indian DISCOM tenders and adjacent gas/water metering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
IntelliSmart social profiles
Digital presenceIntelliSmart financial estimates
Financial estimateRevenue estimate
Valuation estimate
IntelliSmart leadership team
Management profileNumber of profiles
Profiles5 records
IntelliSmart subsidiaries and ownership
Company hierarchySubsidiaries1 record
IntelliSmart funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IntelliSmart M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IntelliSmart
What does IntelliSmart do?
IntelliSmart is a digital energy infrastructure company and Advanced Metering Infrastructure Service Provider (AMISP) that deploys, installs, and operates end-to-end smart metering solutions (electricity and gas) for state-owned distribution utilities in India under the Revamped Distribution Sector Scheme (RDSS). The offering encompasses prepaid smart meters, consumer data management with AI/ML analytics, the I-Strive workforce management application, and centralized network monitoring (NOMC), delivered through long-term managed-services contracts awarded via competitive government tenders.
Is IntelliSmart a public or private company?
IntelliSmart is a private company. It is classified as corporate owned and is currently operating.
When was IntelliSmart founded?
IntelliSmart was founded in 2019. It employs 51 to 100 people.
Where is IntelliSmart based?
IntelliSmart is headquartered in Gurugram, India, in the Asia region.
How does IntelliSmart make money?
Two revenue lines are on record. Smart Metering Project Implementation is the primary driver. The others are gas Metering Solutions.
Who are IntelliSmart's main competitors?
Direct peers on record are Energy Efficiency Services Limited (EESL), Genus Power Infrastructures and HPL Electric & Power. Broad incumbents are Adani Energy Solutions Limited (AESL), Tata Power, Itron, Landis+Gyr, Schneider Electric and Siemens Smart Infrastructure. Secure Meters is listed as an emerging player.
Does IntelliSmart have an API?
No public API is recorded for IntelliSmart.
What industry is IntelliSmart in?
IntelliSmart's product category is Smart Metering Infrastructure / Advanced Metering Services. Its primary akta.pro industry code is EUAEANAA, Advanced Metering Infrastructure (AMI) Deployment & Managed Services, with a secondary code of EUAEANAL, Customer Grid-Edge Enablement Services (HEMS/DR Device Integration, VPP Enablement). Its NAICS code is 54151 and its SIC code is 7373.