Intangles raises $30 Mn in Series B round led by Avataar Venture

Intangles, a physics-enabled Predictive AI for vehicles, has raised $30 million in Series B funding led by Avataar Venture Partners, with follow-on investments from Baring Private Equity India and Cactus Partners. 

Earlier in February 2023, Intangles had raised $10 million in its Series A round led by Baring Private Equity India.

The proceeds will be used to scale the technology, expand into new geographies, strengthen predictive AI models, and grow the team.

Founded in 2016 by Anup Patil, Neil Unadkat, Jayshri Patil, and Aman Singh, Intangles uses IoT…