We found a solution that fits the Indian climate & customer

Could we build a power-backup solution that meets the challenges of Indian business climate and the price expectations of the Indian customer? This was the question that brought ProstarM founders together. The founder, Ram Agarwal, along with co-founders, Vikas Agarwal, Tapan Ghose and Raghu Shastri, formally launched the company, Prostar Micronova Power Systems Pvt Ltd on January 11, 2008. The company was born in Pune to provide a single-point power solution for Indian businesses.

Then, the little local innovation made a national impact

We began by supplying UPS systems to small businesses in and around Pune.. Within a year of our foundation, ProstarM’s UPS systems that fit every pocket, were connected to every socket in many other cities around India We expanded our solutions into the BFSI sector, and the top-line business began to grow. At the same time, we received the prestigious ISO 9001 ranking, and the Environmental Management Systems Certificate awarded by Moody International. ProstarM was now set to spread its wings.

As we evolved, we took up projects that carried a lot more responsibility

At one point in our journey, we noticed that the need for reliable functioning of ATMs was critical to the growth of Banking sector. An ATM machine getting stuck mid-transaction was frustrating for banks as well as customers. We decided to take up the challenge, and designed special UPS systems for banks and a end-to-end solution for ATM rooms. We began to implement total infrastructure/implementation solutions (TIS) for major banks and ATMs at competitive price points. After this, we successfully completed many bulk projects and emerged as preferred vendors to many global MSPs.

We were now capable for bigger opportunities

By 2013, there was hardly a district in India where a ProstarM had not supplied a power electronic solutions, there was hardly a place we could not reach within 48 hours of a call being placed. From Leh to Kanyakumari, and Probandar to Papum in the North Eastern State of Arunachal Pradesh, ProstarM’s power electronic solutions are providing reliable power back-up in every part of India. During this time, we also achieved two milestones that catapulted the company into the big league.

The first milestone was successful deployment of 7800 SBI ATMs across India- a mammoth project worth Rs 100 crore.
The second milestone was building a partnership with a government-approved Systems Integrator (SI) in providing Power Solutions, including partial TIS, to a prestigious School Project sponsored by the government of Maharashtra. This Rs 10 crore project was instrumental in branding and positioning ProstarM.

We empower the core of India!

The challenging opportunities and growing confidence now drew us to expand into the core sector, which demands unequaled commitment to quality both in terms of service and technology. From banks to multinational corporations and public sector enterprises including BARC and DRDO, ProstarM UPS and renewable power solutions were now powering the core industries in India.

We become a part of New India’s ‘high speed’ growth!

This year, ProstarM became a part of historic development in India as it won the order for power electronics solutions to the new bullet train. We had more than one reason to celebrate this achievement as ProstarM had now crossed a major revenue mark for the first time in its history.

In 2020, the company also expanded its offerings. ProstarM now offers renewable energy power backup options such as solar inverters and solar. In 2020, we also launched UPS power back-up systems with the new generation lithium ion batteries. These systems are the future owing to their compact size and long back-up power.