About iRam Technologies
iRam Technologies is a company based in Bengaluru (India) founded in 2009 by Idris Vasi, Vishal Mehra, and UdayaBhaskar Rao Abburu. iRam Technologies has raised $995.95 thousand across 4 funding rounds from investors including Inspira Enterprise, Chunduru Sambasiva Rao and Posani Suresh Kumar. The company has 21 employees as of March 25, 2024. iRam Technologies offers products and services including Smart Parking, Smart Street Lighting, Smart Poles, Smart Environmental Sensors, and Smart Meters. iRam Technologies operates in a competitive market with competitors including Itron, Parkhub, Arrive, FlashParking and Metropolis, among others.
- Headquarter Bengaluru, India
- Employees 21 as on 25 Mar, 2024
- Founders Idris Vasi, Vishal Mehra, UdayaBhaskar Rao Abburu
- Stage Minicorn
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Iram Technologies Private Limited
- Date of Incorporation 10 Feb, 2009
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.53 M (USD)138.76as on Mar 31, 2023
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Net Profit
$227.98 K (USD)175.49as on Mar 31, 2023
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EBITDA
$349.36 K (USD)222.65as on Mar 31, 2023
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Total Equity Funding
$995.95 K (USD)
in 4 rounds
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Latest Funding Round
$753.25 K (USD), Seed
Mar 31, 2018
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Investors
Inspira Enterprise
& 9 more
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Employee Count
21
as on Mar 25, 2024
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Products & Services of iRam Technologies
iRam Technologies offers a comprehensive portfolio of products and services, including Smart Parking, Smart Street Lighting, Smart Poles, Smart Environmental Sensors, and Smart Meters.
System for optimizing parking spaces with digital payments and app integration.
Remote-controlled lights with motion detection for energy efficiency.
Multi-functional poles hosting sensors and connectivity for city applications.
Sensors that track pollution, temperature, and noise levels in real time.
Wireless meters for real-time consumption monitoring and prepaid features.
Funding Insights of iRam Technologies
iRam Technologies has successfully raised a total of $995.95K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $753.25 thousand completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in iRam Technologies
iRam Technologies has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Inspira Enterprise, Chunduru Sambasiva Rao and Posani Suresh Kumar.
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Chunduru Sambasiva Rao |
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Posani Suresh Kumar |
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Investor details for iRam Technologies
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Investments & Acquisitions by iRam Technologies
Investment portfolio details for iRam Technologies
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Financial Statements - iRam Technologies
Detailed financials for iRam Technologies
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Iram Technologies Comparisons
Peer comparison for iRam Technologies
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Competitors of iRam Technologies
iRam Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Itron, Parkhub, Arrive, FlashParking and Metropolis, among others.
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Cloud-based end-to-end solutions for smart grids are provided.
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Provider of comprehensive parking management solutions
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Tech-enabled platform for parking and mobility management solutions is provided.
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Parking management systems are delivered via SaaS-enabled hardware and software.
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End-to-end parking management solutions are provided via an AI-enabled platform.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Detailed competitors of iRam Technologies
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Latest news on Iram Technologies
Complete news archive for iRam Technologies
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Frequently Asked Questions about iRam Technologies
iRam Technologies was founded in 2009.
iRam Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
UdayaBhaskar Rao Abburu is the current CEO of iRam Technologies. They have also founded this company.
iRam Technologies is a funded company, having raised a total of $995.95K across 4 funding rounds to date.
As of Mar 25, 2024, the latest employee count at iRam Technologies is 21.
Annual revenue of iRam Technologies is $1.53M as on Mar 31, 2023.
iRam Technologies designs and builds technological solutions for applications in smart cities. Its offerings span across five areas of a smart city namely parking, street lighting, poles, and environmental monitoring. In addition, it offers Internet of Things enabled development services to enterprises operating in the telecommunication, retail, agriculture, and other sectors.
iRam Technologies's top competitors include Arrive, Parkhub and Metropolis.
iRam Technologies offers Smart Parking, Smart Street Lighting, Smart Poles, Smart Environmental Sensors, and Smart Meters.
iRam Technologies has 10 investors. Key investors include Inspira Enterprise, Chunduru Sambasiva Rao, Posani Suresh Kumar, D Vekatappa Rao, and Dasaratham Kunapaneni.
The valuation of iRam Technologies is $2.51M as of Mar 2018.