Deeptech startup Intangles has raised $30 million (INR 266 crore) in its Series B funding round led by Avataar Venture Partners, with continued backing from existing investors Baring Private Equity Partners India and Cactus Partners. The funding will be used to accelerate Intangles' global expansion, bolster its AI-powered product suite, and scale its workforce across key markets. Founded in 2016 by Anup Patil, Neil Unadkat, Aman Singh, and Jayshri Patil, Intangles provides cutting-edge AI-driven predictive analytics solutions for fleet operators and OEMs. Its proprietary platform leverages digital twin technology and real-time data processing to offer features like: • Predictive Health Monitoring • Driving Behavior Monitoring • Fuel & DEF Tracking • EV Fleet Monitoring • Operations Automation • GPS-based Location Tracking The solutions are designed to enhance fleet safety, optimize fuel efficiency, and boost net profitability by up to 50%, with customers seeing up to 5x ROI per truck. Intangles currently powers more than 4 lakh vehicles across North America, Europe, Southeast Asia, and the Middle East, and serves over 40 enterprise and OEM clients, including notable names like Mahindra, Force Motors, Greaves Cotton, and Blue Energy. Anup Patil, CEO and Co-founder of Intangles, said, "This funding round marks a pivotal moment for us. With strong investor backing, we’re geared to bring our next-gen predictive solutions to a wider global audience while continuously pushing the boundaries of AI in mobility." Mohit Bhatnagar, Managing Partner at Avataar Venture Partners, added, "Intangles is redefining how modern fleets operate. Their platform delivers real value across operational and financial metrics, making them a clear category leader in predictive mobility analytics." With connected vehicle ecosystems becoming increasingly central to smart transportation, Intangles is well-positioned to play a crucial role in the digital transformation of the mobility sector. #intangles #deeptech #startupnews #seriesbfunding #fleetmanagement #predictiveanalytics #aiinmobility #digitaltwin #transportationtech #smartmobility #venturecapital
Congratulations Anoop
Neel sir was my favourite sir and good luck for entire team
Heartiest congratulations to the entire team.. 💐
Great achievement for futuristic expansions Cheers Intangles
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Market Research Analyst At BizRubix Business Advisory.
3wNeil Unadkat Congratulations neil sir& Team.