Meet Smart Joules

Smart Joules is an Indian energy-efficiency-as-a-service solution for commercial and industrial buildings. The company guarantees energy savings to its customers, while enabling them to avoid large capex outlays, through a “pay-as-you-save” (PAYS) model.

Smart Joules is an Indian energy-efficiency-as-a-service solution for commercial and industrial buildings. The company guarantees energy savings to its customers, while enabling them to avoid large capex outlays, through a “pay-as-you-save” (PAYS) model. SmartJoules retrofits its customers’ facilities with best-in-class energy efficient equipment and IoT controllers, monitors and manages energy consumption using its proprietary DeJoule technology platform, and offers on-site operations and maintenance.


CEO Arjun Gupta joined Climatic to talk about about how Smart Joules reduces energy waste and plans to mainstream energy-efficiency practices across India and beyond.

Founded in 2014, Smart Joules serves top-20 Indian hospital chains including Fortis, Apollo, and CARE. Next up, the company wants to bring energy efficiency to India’s hotels and industrial and office buildings, which will help it hit its goal of eliminating 680,000 tons of CO2 equivalent by 2027.

ADB Ventures made an equity investment in Smart Joules in March 2021 after identifying the company’s potential to become a category leader in commercial and industrial energy-efficiency-as-a-service.

Visit Smart Joules’ website to learn more.

Meet Euler Motors

Euler Motors is an Indian manufacturer of light electric 3-wheeled vehicles for last-mile commercial logistics.

Euler Motors is an Indian manufacturer of light electric 3-wheeled vehicles for last-mile commercial logistics.

The company developed a full-stack electric mobility solution including proprietary battery cooling and management technology, and has also set up a network of more than 100 charging stations in the Delhi-National Capital Region to support its vehicle fleet

Founded in 2018, Euler Motors’ client roster includes e-commerce and FMCG companies Flipkart, Big Basket, and Udaan.

Euler Motors Founder and CEO Saurav Kumar was a guest on the Climatic electric mobility talk show. He spoke about Euler’s work to decarbonize India’s light electric commercial vehicle segment by replacing traditional internal combustion engine (ICE) vehicles – and his plans to scale Euler’s electric mobility solution into Southeast Asia, South America, and Europe.

ADB Ventures made an equity investment in Euler Motors in March 2021.

Visit Euler Motor’s website to learn more.

Meet Skycatch

Skycatch Inc., is a leading provider of enterprise-grade technology for capturing, processing, and analyzing high-accuracy 3D drone data for use in the construction industry.

Skycatch Inc., is a leading provider of enterprise-grade technology for capturing, processing, and analyzing high-accuracy 3D drone data for use in the construction industry. Clients around the world and across several developing Asia Pacific markets use Skycatch’s affordable technology to create accurate digital 3D models of physical sites and monitor for discrepancies. It can enable significant cost and time savings, reduced CO2 emissions, and improved safety on infrastructure projects.

Christian Sanz, Skycatch founder and CEO, appeared on ADB Ventures’ Climatic web series to discuss how his company uses drones and AI to make construction smarter. The episode also discussed how Skycatch’s technology was used during Asian Development Bank-funded construction on the Port of Nauru.

Skycatch, founded in 2013, now counts Komatsu, Goldwind, Teck Resources, and Anglo American among its clients. The company’s mission is to use its tech to make construction more climate friendly on more than 2,000 projects in emerging Asia by 2025, with a goal of eliminating more than 2 million tons of CO2 equivalent.

ADB Ventures made an equity investment in Skycatch in March 2021.

Visit Skycatch’s website to learn more.