Pune-based Intangles, an auto AI company, has raised $30 million in a Series B round led by Avataar Venture Partners, with follow-ons from Baring India and Cactus Partners.
The startup’s flagship product, Inroute, is a physics-enabled predictive AI platform that helps fleet operators anticipate vehicle failures up to a month in advance—with ~95% accuracy.
With the new capital, Intangles plans to accelerate global deployments of its platform, targeting fleet businesses across North America, Europe, Southeast Asia, and the Middle East.