Pune-based scalable technology solutions provider, iauro Systems Pvt Ltd today said it has raised an undisclosed amount of funding from micro venture capital firm Speciale Invest.
This investment will enable iauro to fuel its next phase of growth, build and explore partnerships enabling digital transformation. As the part of the investment, Vishesh Rajaram of Speciale Invest will also join iauro’s Board of Directors.
Speaking on the investment, Vishesh Rajaram, Managing Partner, Speciale Invest said, “Digital transformation is not a choice, but a requirement for companies to grow in today’s business environment, and we look for iauro to be large contributor, working with brands in disrupting their industries through radical digital transformation solutions.”
Founded in 2009 by Anupam Kulkarni and Nilesh Ratnaparkhi., iauro is a technology company focused on delivering scalable Mobile, Cloud and Big Data solutions that help enterprises transform their digital presence. Both the co-founders have previously worked at IT company Persistent Systems.
Anupam Kulkarni, Cofounder, iauro Systems, said, “Speciale Invest’s investment in iauro is a clear validation of our business model and value proposition. Over the years, we have successfully built the company to this inflection point from where we see ourselves propelling to the next level of growth. Speciale Invest’s experience and investment will help us to achieve this vision.”
Among various verticals, iauro concentrates on IoT in integrating machine-generated data with traditional and cloud databases working with clients across verticals and geographies such as BookMyShow, Bilcare, Translations, Affinity Express, OVGuide, TVS Sundaram, and Tech Mahindra to name a few.