Energy analytics startup iRasus Technologies raised Rs 4 Cr Seed funding

With the participation of DFAN and other angel investors, the energy analytics startup iRasus Technologies has raised Rs 4 crore in a seed round co-led by IAN Angel’s Srikar Reddy and Rohit Rajput.

As per the company’s press release, the funds will be utilized to augment its product and engineering teams and expedite business growth throughout India.

Arjun Sinha Roy and Anirudh Ramesh founded iRasus in 2019 with the goal of offering users of electric mobility and stationary battery storage solutions analytics and intelligence on battery data. Delivering critical data intelligence to customers moving away from fossil fuel-based energy solutions is the company’s goal.

With an emphasis on scale, dependability, and affordability, iRasus responds to the growing need for the effective integration of battery data into electric mobility and renewable energy storage solutions. With the help of its flagship platform, Preksha, users can optimize battery usage, cut costs, and increase safety by utilizing predictive maintenance and thorough data analysis to manage batteries in real time. This knowledge can help companies that use stationary batteries, fleet managers, and electric buses perform better, last longer between battery changes, and increase safety.

iRasus, a Gurugram-based company, intends to establish connections with OEMs, telecom operators, fleet operators, renewable energy storage providers, and other battery storage system users.