Intangles raises $30M to expand predictive AI platform across global fleets
What is the news?
Indian-origin deep-tech company Intangles has raised $30 million in Series B funding to scale its predictive AI platform for fleet management worldwide. The round was led by Avataar Venture Partners, with additional backing from Baring India Private Equity and Cactus Partners.
Why is it interesting?
Founded in Pune, Intangles specializes in real-time vehicle diagnostics and predictive analytics, helping transport operators prevent failures before they happen. The company’s platform integrates AI + IoT + physics-based modeling to forecast breakdowns with remarkable precision — reducing downtime and maintenance costs.
Currently active across North America, Europe, the Middle East, and Southeast Asia, Intangles embodies the Global Indian Alpha vision — Indian-origin innovation creating tangible value at a global scale.
Read more: India: Predictive AI platform Intangles raises $30m led by Avataar Venture Partners