Rathees Paneerselvam (Crion Technologies)
Overview
Rathees Paneerselvam is an eminent entrepreneur, known for his significant contributions in the realm of digital transformation technologies. He co-founded Crion Technologies, a startup based in Chennai, India, specializing in SaaS-based digital twin solutions for asset management. Established in 2016 alongside co-founders Rahul K and Karthik Pondugula, Crion Technologies has rapidly emerged as a leader in providing innovative solutions leveraging IoT, AI, and AR technologies. Rathees is also known for his role in transforming other-related ventures like Crion Learning and Crion Versity.
Recent Developments
In the recent years, particularly from 2024 onwards, Crion Technologies has undergone several transformative developments:
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September 2025: Crion Technologies secured funding of ₹3.5 crore in a round led by SIG Tattva. This capital infusion is aimed at enhancing their digital twin offerings and scaling up operations to penetrate deeper into industrial sectors experiencing digital transformation.
- The flagship platform, Clonos, is expected to redefine asset management by offering real-time insights and predictive capabilities, significantly influencing operational efficiencies within enterprises.
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May 2024: Crion Technologies expanded its focus on the oil and gas industry, showcasing leveraged strengths in process automation through its digital twin technologies. This strategic pivot marked significant collaborations with financial institutions and technological partners.
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March 2024: With a registered revenue of ₹1.92 crore, Crion Technologies was noted to have enhanced its operations with reduced staffing but higher efficiency, indicating a strategic shift towards more scalable and technology-driven solutions.
These developments have positioned Crion Technologies as a pivotal player in the digital transformation space, with a reinforced focus on leveraging cutting-edge technology to improve operational efficiencies across various industries.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Rathees Paneerselvam |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, CTO |
| Known For | Crion Technologies |
| Net Worth | Not publicly available |
| Education | IIT Madras |
Early Life and Education
Rathees Paneerselvam's early life details are not extensively documented. However, his academic background is significantly marked by his education at IIT Madras, one of India’s premier engineering institutes. The education and environment at IIT Madras played a crucial role in shaping his technical acumen and innovative spirit. This prestigious institute is known for fostering entrepreneurship among its students, which likely influenced Rathees's career trajectory towards founding tech-driven ventures.
Career and Notable Achievements
Rathees Paneerselvam began his career trajectory with an inclination towards digital transformation technologies.
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2016: Co-founded Crion Technologies. The company specializes in digital twin solutions, focusing on significantly improving industrial asset management and operational efficiency.
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Product Development: As a founder, Rathees has been instrumental in developing Crion’s flagship product, Clonos, which extends digital twin technology into practical applications, helping numerous industries optimize their operations.
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Innovations: His innovative approach has led Crion Technologies to successfully raise multiple funding rounds, positioning it as a notable competitor against international counterparts like Matterport and Hexagon.
Current Work and Impact
Currently, Rathees Paneerselvam serves as the Chief Technology Officer (CTO) at Crion Technologies. His role is pivotal in driving technological innovations and expanding the company's influence across various industrial sectors. Under his leadership, Crion Technologies is exploring further enhancements in digital twin applications, such as in AR-enabled maintenance and operational optimization.
Related Topics
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Crion Learning: Co-founded by Rathees, Crion Learning aims to transform how education and skill development are approached, specifically focusing on providing enhanced learning platforms in data analytics and other tech domains.
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Crion Versity: Another venture co-founded by Rathees, focusing on creating a micro-learning platform that benefits blue-collar workers by enhancing their skill sets through immersive learning methodologies.
Conclusion
Rathees Paneerselvam stands out as a visionary leader in digital transformation technologies. His contributions have significantly influenced the industrial technology domain, particularly through his efforts with Crion Technologies. The continued evolution of digital twin applications under his guidance promises not just transformative business practices but also sets a precedent for future technological integrations into industrial processes. His endeavors extend beyond technological innovation, as he continues to pioneer educational advancements through his associated ventures, indicating a promising future impact on both industry and education sectors.