Pune-based predictive AI platform Intangles announced a $30 million investment round led by Avataar Venture Partners, according to reporting by The Economic Times. The company serves the automotive industry through tools for optimizing fleet performance and reducing fuel costs.
Intangles serves original equipment manufacturers and enterprise fleets, helping them save on yearly maintenance costs. It leverages proprietary datasets to provide predictive health monitoring, location tracking, EV monitoring, operations automation and other services.
The company’s presence spans North America, Europe, Southeast Asia and the Middle East, and Intangles supports management of more than 400,000 vehicles. The new funding will enable it to deploy its predictive AI systems for fleet maintenance and management globally.
