iRasus Technologies announced that it has raised an undisclosed amount in seed funding from marquee industry investors, including Digital Futurists Angel Networks (DFAN), Elina Investments, Bhuvan Gupta, and Amit Khetan, amongst others.
The company will use the funds to enhance its battery analytics and visualisation platform and expand its market reach. iRasus Technologies is building a platform to help organise and analyse battery data. EVs are critical to India’s prospects of achieving net zero emissions by 2070, and the company aims to bring solutions that could enhance battery storage technologies.
Ganesh Viswanathan, Director of Digital Futurists Angels (DFAN) said, “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."
Adding their comments, Arjun Sinha Roy and Anirudh Ramesh, Co-founder iRasus, said, “This funding round will help us enhance the platform and enter the next growth stage. We thank our investors for their faith in us.”
iRasus now offers its energy data analytics for software products and SaaS tools to EV OEMs, battery pack Manufacturers, fleet operators, telecom tower operators, charging infrastructure companies, battery swapping networks, and other stationary battery systems, etc.