iRasus Technologies raises over Rs 4. crores round led by IAN Group
iRasus Technologies, a pioneering energy analytics company providing Analytics and Intelligence on Battery Data for users in the Electric Mobility and Stationary Battery Storage Solutions. It is providing the key Data Intelligence and Insights on Battery Storage solutions for users moving away from Energy Solutions using Fossil Fuel.
It has raised over INR 4 crores in its seed round from IAN Group & others. The round was led by Rohit Rajput and Srikar Reddy of IAN Angel, with participation from DFAN and other angel investors. This seed investment will support iRasus in expanding its product and engineering teams and accelerating its business growth across India.
iRasus plans to reach battery manufacturers, fleet operators, OEMs, renewable energy storage providers, and 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 looking at leveraging its Platform for providing iRasus is uniquely positioned in electric mobility space with its battery Intelligence, Analytics and integration products with providing a complete understanding and insights adjancent Systems like Charging Infrastructure.
With a mission rooted in sustainable energy, iRasus aims to address the growing need for efficient Integration of Battery Data and Intelligence into solutions in the 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.
Arjun Sinha Roy, Founder – 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, 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.”
As the clean tech industry increasingly relies on battery storage, iRasus Technologies is positioned to meet the need for a data-driven platform that provides a deep understanding of battery performance. The Preksha platform offers real-time battery management through predictive maintenance and comprehensive data analysis, helping reduce costs, improve safety, and optimize battery usage.
Founded in 2019 and incubated at AIC Synapses, iRasus Technologies is dedicated to transforming the energy storage ecosystem through its flagship platform, Preksha. Recognized by Startup India and
he Ministry of MSME, Preksha provides real-time monitoring and analytics-driven insights into battery data. These insights are essential for sectors like electric buses, fleet operators, and users of stationary batteries, allowing them to optimize performance, extend lifespan, and enhance safety.
IAN Group:
IAN Group is the country’s single largest platform for seed and early-stage investment platform with IAN Angel Network, BioAngels and IAN Fund I and IAN Alpha Fund enabling entrepreneurs to raise from Rs. 50 lakhs to Rs. 50 crores. The platform brings money, mentoring from successful entrepreneurs and global market access. The platform is sector-agnostic and has funded innovative start-ups across 19 sectors in India and 7 other countries, thereby growing the global footprint of companies. IAN has been listed by Forbes as one of iconic business and economic events of Independent India, over 75 years along with LIC, NASSCOM, RBI, Naukri.com amongst others.
iRasus Technologies:
iRasus Technologies is a pioneering energy analytics company specializing in driving Analytics and Intelligence of Battery data and Adjacent Systems both for electric mobility and stationary applications. Founded in 2019 and headquartered in Gurgaon, India, the company has developed the Preksha platform, which offers advanced real-time monitoring and Analytics Driven insights of Battery Data, which is used by end users of Batteries like Electric Buses, Fleet Operators and users of Stationary Batteries to enhance the performance of Incubated at AIC Synapses ( Previously AIC Sangam) and recognized by Startup India and the Ministry of MSME, iRasus aims to transform the energy storage ecosystem through innovative solutions that optimize battery performance, extend lifespan, and enhance safety.