Intangles Raises $30 Million to Scale Predictive AI for Fleets
- Predictive AI startup Intangles secures $30 million in Series B funding led by Avataar Venture Partners.
- Follow-on investors include Baring India Private Equity and Cactus Partners.
- Funding to boost global deployment of its AI powered vehicle performance platform.
Pune based Predictive AI startup Intangles has raised $30 million (around Rs 266 crore) in a Series B funding round led by Avataar Venture Partners, with continued support from Baring India Private Equity and Cactus Partners.
The new capital will help the company accelerate the global rollout of its predictive AI systems and strengthen its presence across key markets, including North America, Europe, Southeast Asia, and the Middle East.
Founded in 2016, Intangles has developed Inroute, a pioneering physics enabled Predictive AI platform designed for the automotive and industrial sectors. Its digital twin technology enables fleet operators to predict potential vehicle failures nearly a month in advance, identifying the exact causes with up to 95% accuracy.
The company currently monitors over 400,000 vehicles across industries such as long haul logistics, public transit, construction, and mining. By combining real time data analytics with predictive modeling, Intangles aims to minimize downtime, enhance operational efficiency, and improve cost savings for fleet operators.
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Anup Patil, Co-Founder and CEO of Intangles, said the funding will support Intangles’ mission to “scale intelligence that is responsive by desig”, helping industries operate more efficiently amid growing uncertainty and complexity.
With this round, Intangles strengthens its position as a global leader in predictive AI driven mobility intelligence, helping transform how fleets are managed and maintained worldwide.
