Our Story

Esyasoft began with a bold vision: to transform the way energy and utility companies serve communities in an increasingly digital and sustainable world.

What started as a homegrown technology initiative has grown into a global enterprise, delivering cutting-edge smart grid, IoT, AI, and blockchain-enabled solutions across 10+ countries and touching the lives of millions.

At our core, we are more than a technology company—we are enablers of impact. Our journey has always been guided by a clear purpose: to enable smarter utilities, empower consumers, and accelerate the path toward a low-carbon future. Esyasoft’s story is not just about innovation, but about responsibility, resilience, and reimagining the future of energy.

Journey paved by Innovation & Impact

Founded in 2014, Esyasoft has grown from a homegrown technology pioneer in Bengaluru to a global leader in the energy transition. Our story is one of growth, collaboration, and a relentless drive to build efficient, future-ready energy infrastructures.

Our Journey so far

2014201520162018201920202021202320242025

Founding and Vision

Esyasoft was founded with a vision to make energy affordable, clean and available for all

2014

Launched the flagship product - Esyasoft MDMS

The heart of a Smart Grid, Meter Data Management System (MDMS) is developed under the guidance of Ministry of Power and Utilities.

2015

Deployed first Smart Grid in India

Successfully delivered the first smart grid deployment in India, the project was delivered under the guidance of Ministry of Power, India.

2015

Startup Innovation Grant

Awarded the inaugural Startup Innovation Grant by the Government of Karnataka, India, recognizing our groundbreaking contributions to the energy sector.

2016

MDMS Scaling

Successfully scaled our Meter Data Management System (MDMS) to utility-grade mass deployments, with the product now managing over 1 million meters seamlessly.

2016

Global Expansion

Expanded operations to international markets, delivering innovative energy solutions across MENA, the UK, and Southeast Asia, reinforcing our commitment to driving sustainable energy transitions worldwide.

2018

Gartner Recognition

Featured in the Gartner Market Guide for Meter Data Management Systems, solidifying our position as a leader in the digital transformation of the energy sector.

2019

Expansion in the UAE

Established a strong presence in the UAE, delivering innovative energy solutions and driving the region’s transition toward smarter and more sustainable energy systems.

2019

National Startup Award

Honored with the National Startup Award in the Energy category by the Government of India, recognizing our innovative contributions to the sector.

2020

Acquisition by International Holding Company (IHC)

International Holding Company acquired shares of Esyasoft Holding, marking a significant milestone in our journey toward global expansion and leadership in the energy transition.

2020

Smart metering at Scale

Successfully implemented large-scale smart metering projects across multiple countries, surpassing 25+ million connected endpoints.

2021

Largest AMI Implementation in UAE

Delivered the largest Advanced Metering Infrastructure (AMI) project across five emirates, setting new benchmarks in the region.

2021

Exhibited in EXPO 2020

Proudly represented in the India Pavilion as a trailblazer in the energy sector, showcasing our innovative solutions on a global stage.

2021

COP28: Recognized as a Key Enabler in Climate Mitigation

Esyasoft is proud to be acknowledged for its role in climate mitigation strategies, taking on the responsibility of evolving into an energy transition company to drive sustainable solutions for a greener future.

2023

Smart Meter Manufacturing Expansion: A Landmark Deal

The acquisition of Landis+Gyr India marks a milestone in our journey, enhancing our capabilities in smart meter manufacturing and reinforcing our commitment to advancing the energy transition.

2023

A Bold Vision & Mission for Climate Impact

Esyasoft embraces a bold vision to touch 1 billion lives and reduce 10 billion tonnes of carbon, aligning our efforts with the global climate agenda to drive impactful change. Our mission focuses on building capabilities across the energy transition value chain through strategic acquisitions, product innovation, and integration.

2023

Transitioning to Energy as a Service

Our mission, in alignment with the COP28 climate agenda, is set to deliver clean energy as a service by acquiring and building capabilities that advance sustainable energy solutions and global climate goals.

2023

Recognition for 4 Consecutive Years: Gartner & CMMI Level 5

Esyasoft’s four-year recognition by Gartner and achievement of CMMI Level 5 highlight our dedication to excellence, quality, and innovation, cementing our leadership in the energy transition sector.

2023

Smart Water Technologies Expansion

The acquisition of Float IOT Netherlands marks a pivotal step in our expansion into smart water technologies, strengthening our ability to deliver innovative and sustainable water management solutions.

2023

Strategic JV with Electrica S.A., Romania

Established a joint venture with Electrica S.A., covering 41% of Romania’s energy distribution, to implement solar rooftops, battery storage, EV charging, carbon management, smart metering, and advanced infrastructure, fostering a greener energy transition.

2024

Key Energy Transition Project in Baku

Initiative to transform Azerbaijan’s gas and electricity sectors through advanced smart grid management systems. The project, set as a 13-year partnership, represents a significant investment to transform Azerbaijan’s energy infrastructure while incorporating advanced Artificial Intelligence technologies.

2024

Grid-Level Battery Storage Expansion

Battery storage is vital for the energy transition, enabling renewable integration and grid stability. Through a strategic joint venture with one of the world’s largest battery manufacturers, we now deliver advanced energy storage solutions to drive sustainable progress across the globe.

2024

EV Charging Infra Expansion

EV charging infrastructure is a cornerstone of the energy transition, enabling sustainable mobility and clean energy adoption. Through strategic acquisitions, we’ve strengthened our capabilities to deliver advanced EV charging solutions for a greener future.

2024

Strengthened UK Presence and Utilities Expertise

With the acquisition of Engage Consulting, we’ve enhanced our UK team and utilities consulting capabilities to better support the region’s energy transition and drive innovative solutions.

2024

Driving Climate Action with Digital Carbon Infrastructure

To help governments meet their Nationally Determined Contributions (NDCs) and climate targets, we developed an in-house Digital Carbon Infrastructure. It includes Carbon Registry, dMRV, and Carbon Exchange as a service, enabling efficient carbon management and transparency.

2024

Acquisition of Good energy UK

Successful completion of 100% acquisition of Good Energy, a UK-based pioneer in 100% renewable electricity and Energy as a Service provider, certified BCorp, in a landmark deal of nearly £100 Million.