Intangles, a developer of Digital Twin Solutions, has raised $10 million from Baring Private Equity Partners India in a series A investment. According to a press statement, the business will use the funds to support a new customer pipeline, increase its global footprint, and speed up hiring to boost its product engineering, sales, and delivery teams. According to Intangles, it is one of the few companies in the world to have a full stack presence across patented algorithms, cutting-edge hardware, and an internal designed cloud-based data analytics platform.

"We are committed to expanding our market share across the whole commercial vehicle class globally. With our broad Ambient Cognitive AI technology, we hope to significantly redesign the electric vehicle market in the upcoming years "co-founder and CEO of Intangles, Anup Patil. "We are seeing excellent growth across all of India in the direct market, and we are currently onboarding a number of significant commercial vehicle OEMs, he continued.

Intangles, a provider of predictive vehicle health monitoring solutions to OEMs and fleet operators, was founded in 2016 by Anup Patil (CEO), Neil Unadkat (CTO), Aman Singh (Head of Analytics), and Jayshri Patil (Head of Embedded Systems). The company claims to have developed significant in-house IP by leveraging its proprietary digital twin and machine learning paradigms.

Leading digital twin company Intangles makes it possible for industrial and automotive applications to operate more efficiently. It was able to create its cutting-edge product package by integrating a strong capability in artificial intelligence, predictive analytics, edge computing, and communication technologies. It is entering Western countries after gaining significant traction in the Indian market, according to Rahul Bhasin, managing partner of Baring India.