Intangles, an India-based fleet maintenance technology company, closed a $30 million Series B funding round led by Avataar Venture Partners in October 2025. The round included follow-on investments from Baring Private Equity Partners and Cactus Partners. The company has established its U.S. headquarters in Irving, Texas, and plans to grow its North Texas team from 15 to 100 employees by the end of 2027
Company Information
Company
Intangles
Location
Pune, Maharashtra, India
About
Intangles is a physics-enabled Predictive AI company that focuses on providing predictive vehicle health monitoring solutions for original equipment manufacturers (OEMs) and fleet operators. Founded in 2016, it leverages IoT and AI to create strategies and recommendations aimed at improving vehicle uptime and profitability. The platform manages over 400,000 vehicles globally and helps fleets save significantly while improving operational efficiency. Intangles combines applied physics, scalable engineering, and systems thinking to enhance decision-making in fleet management.
Fundz sees it the moment Intangles raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PuneArtificial IntelligenceAutomotiveinformation technology & services