Logicladder raises Rs 1.72 Cr angel funding from private investors

logicladderLogicladder an energy & asset intelligence startup founded in 2011 by Mayank Chauhan and Atindra Chandel has successfully raised an angel funding round of Rs 1.72 crores from a set of private angel investors. LogicLadder converts every energy & asset inefficiency into an opportunity to reduce costs and maximize profits for small & medium enterprises, large enterprises, campuses and government organizations.

Atindra, a commerce graduate from Delhi University has been a serial entrepreneur. Prior to LogicLadder, Atindra had co-founded Masplantiz Technologies and has worked in organizations like Anglo Eastern Ship Management, Shipping Corporation of India and SenseGrow Technologies. Mayank is a Chemical Engineer from IIT, Bombay and a law graduate from Faculty of Law, Delhi University. Prior to Logicladder, Mayank co-founded Masplantiz Technologies and has worked with Sapient Corporation.

LogicLadder currently provides energy and asset intelligence solutions and services. It offers a unique mix of consulting services and a cloud based energy management system like –

  • EnergyLogicIQ – a cloud based energy management software platform
  • Energy Intelligence Services – A consulting service that helps you analyze your energy data and implement solutions that reduce costs.

Logicladder Co-Founder Speaking on the occasion, Mr. Mayank Chauhan, CEO and Co-Founder said – “The investors were particularly attracted to LogicLadder by its strong management team, long successful track record and focus on actual savings for the customers in the energy space.”

“The two co-founders have also successfully founded SenseGrow which is a leader in the Internet of Things space. This gave a lot of confidence to the investors in the current team and their capabilities.”, said Mr. Atindra Chandel, Co-Founder.

Do logon to to know more on the venture.

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Samridhi Sharma loves to work with founders and get inspired daily by working closely with them! You can follow her on twitter @samridhiYS

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