DeepTech startup iRasus raises funding from Digital Futurists Angel Network (DFAN)

irasus technologies

Data is the new language that companies all around the whole world speak. iRasus Technologies is one such company that is an energy data analytics company. It is headquartered in Gurgaon, Haryana, India, and started with the intention of demystifying Energy in the Cleantech domain, their Preksha Platform enables visualization, predictive modeling, and analytics of battery data in the domain of the electronic vehicle.
The Gurgaon-based company works on chargers, batteries, and solar PV to build an ecosystem that enables the use of data for B2B (Business to Business) and B2C (Business to Customer) applications.

It was established in 2018 by Arjun Sinha Roy and Anirudh Ramesh, under the legal name, iRasus Technologies Pvt. Ltd. Both of the co-founders are alumni of BITS Pilani. On 22nd December 2022, iRasus Technologies raised an undisclosed amount of funding in a seed round, led by Digital Futurists Angel Networks, also known as DFAN, Some of the other notable investors were Elina Investments, Bhuvan Gupta, and Amit Khetan. The deep tech analytics startup aims to use the raised funds to enhance its battery analytics and visualization platform, and also expand its market reach. They are building a platform that will help organize and analyze battery data. The aim is to bring solutions that could enhance battery storage technologies.

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Coming back to DFAN, the Director of Digital Futurists Angel Networks, Ganesh Vishwanathan said, “DFAN has been supporting innovative startups across domains. We believe that India’s $100 billion revolution in the EV and Clean Mobility sector will be driven by a robust platform play, supported by new data standards in battery management and interoperability in standard command center systems for electric vehicles. It is our view that iRasus Technology has the right solution, through its battery intelligence and analytics platform, as the Indian market scales up its adoption of electric mobility

The founder of Elina Investments, Syed Safawi, also added,
“We need technology that can plug in gaps around battery management, maintenance, and other aspects. iRasus is a pathbreaking platform solution that is resolving issues related to managing lithium batteries and making the system seamless through the use of cutting-edge analytics. Their interoperable tech stack will be a cure-all for battery management service providers. We are very positive of their contribution to the EV ecosystem and wish them all the best for their endeavors ahead.”

The co-founders, Arjun Sinha Roy and Anirudh Ramesh appreciate the support they are getting, by saying,
“We are firm believers in the ability of technology to usher in transformation. This is more so in times like today when technology has the potential to solve various problems on a scale – especially those around climate change and sustainability. We do this through software that helps in the end-to-end management of battery systems and, therefore, offers seamless operations for the EV sector. This funding round will help us enhance the platform and enter the next growth stage. We thank our investors for their faith in us.”

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