iRasus Technologies, an analytics and intelligence company raised over ₹4 crores in its seed round led by Rohit Rajput and Srikar Reddy of IAN Angel, with participation from DFAN and other angel investors.
The seed investment will used to expand its product and engineering teams and accelerate its business growth across India.
With the new investment, iRasus aims to provide data intelligence and generate insights on battery storage solutions for users moving away from energy solutions that use fossil fuels.
Arjun Sinha Roy, Founder and Director, iRasus Technologies, said, “At iRasus, we believe that data is not just a peripheral aspect but central to driving adoption and innovation, especially in sectors like CleanTech. Our platform leverages AI ML and data analytics to create real-time insights into Battery Systems and Adjacencies that enable better operational decisions and foster new business applications. This combination of data-driven strategies and smart technology is crucial for moving the industry from early adoption to maturity. This seed funding enables us to expand our capabilities and further enhance our platform to support the electric mobility and energy storage sectors.”
Padmaja Ruparel, Co-Founder, of IAN Group, said, “IAN is thrilled to support iRasus Technologies as they revolutionize the battery Solutions space, with data-driven insights to enhance battery performance and drive end applications. The team’s focus on sustainability is crucial to addressing the evolving needs of the electric mobility and renewable energy sectors. We believe that iRasus’ Preksha platform will have a significant impact in e-mobility industry and IAN is excited to be part of their journey.”
Founded in 2019 by Arjun Sinha Roy and Anirudh Rameshi, iRasus provides analytics and intelligence on battery data for users in electric mobility and stationary battery storage solutions.
iRasus plans to reach battery manufacturers, fleet operators, OEMs, renewable energy storage providers, telecom operators, and other users of Battery Storage based Systems. The company leverages partnerships, industry recognition, and proven success to attract new customers, positioning itself as a leader in battery analytics for clean energy applications. iRasus is positioned in the electric mobility space with its battery Intelligence, Analytics, and integration products providing a complete understanding and insights into adjacent Systems like Charging Infrastructure.
iRasus aims to address the growing need for efficient Integration of Battery Data and Intelligence into solutions in electric mobility and renewable energy storage while providing scale, reliability, and affordability. The funds from this seed round will bolster recruitment in their data science and AI teams, strengthening technical expertise.
