iauro Systems Pvt Ltd, a leading scalable technology solutions provider aspiring to partner with brands in their digital transformation, announced, today, that it has raised a round of financing from venture capital firm Speciale Invest. This investment enables iauro to fuel its next phase of growth, build and explore partnerships enabling digital transformation, and to utilize the expertise and experience of the leadership team of Speciale Invest brings to the partnership. Speciale Invest’s Vishesh Rajaram 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. 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. The brand looks help client partners take simple ideas and transform them into high-performance, scalable solutions. The company looks to use this strategic partnership to propel the next level of growth.