{"id":54496,"date":"2026-01-22T14:07:32","date_gmt":"2026-01-22T14:07:32","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=54496"},"modified":"2026-01-22T14:07:32","modified_gmt":"2026-01-22T14:07:32","slug":"saga-legal-advises-enerzolve-smart-technologies-private-limited-on-its-usd-5-1-million-funding-round-co-led-by-jungle-ventures-and-kae-capital","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/saga-legal-advises-enerzolve-smart-technologies-private-limited-on-its-usd-5-1-million-funding-round-co-led-by-jungle-ventures-and-kae-capital\/","title":{"rendered":"Saga Legal advises Enerzolve Smart Technologies Private Limited on its USD 5.1 million funding round co-led by Jungle Ventures and Kae Capital"},"content":{"rendered":"<p><strong>Saga Legal advised Enerzolve Smart Technologies Private Limited, a deep tech energy startup which builds embedded hardware and firmware solutions for power utilities, on its USD 5.1 million (approximately INR 45 crore) funding round, co-led by Jungle Ventures and Kae Capital, alongwith participation from prominent angel investors.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The funding will enable Enerzolve to deepen its core intellectual property across <strong>silicon, firmware, and power electronics<\/strong>, expand its engineering and product teams, and establish <strong>pilot manufacturing and certification<\/strong> for key product lines. The funding l will also support business development efforts with <strong>power utilities, EPC contractors, private distribution companies (discoms), and energy storage developers<\/strong>, as the company scales its presence across India\u2019s evolving power sector.<\/p>\n<p>Enerzolve designs and manufactures <strong>smart meters, grid protection systems, power quality analysers, and grid sensors<\/strong> tailored specifically for Indian grid conditions, regulatory frameworks, and cost constraints. The company\u2019s full-stack, IP-led approach positions it at the intersection of <strong>semiconductors, embedded systems, and power electronics<\/strong>, addressing the growing demand for grid modernisation and energy storage integration.<\/p>\n<p>The transaction team at <strong>Saga Legal<\/strong> comprised <strong>Neeraj Vyas (Partner), Ayush Maheshwari (Senior Associate), and Mehak Chadha (Associate)<\/strong>.<\/p>\n<p>This funding round marks a significant milestone in Enerzolve\u2019s growth journey and highlights the increasing role of deeptech innovation in strengthening India\u2019s power infrastructure.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-54496","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/54496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=54496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}