VC Fund Investments
AI-solutions provider for automotive industry Intangles raises $10-M from Baring India
Pune-headquartered “digital twin†solutions provider Intangles has raised USD 10 million in a Series A round from Baring Private Equity Partners India. The company will use the proceeds to expand its customer base and global presence, hire talent and strengthen its product engineering, sales, and delivery teams. Intangles has a full-stack presence across patented algorithms, advanced hardware devices, and a cloud-based data analytics platform—all developed in-house. The company was co-founded by Anup Patil, Neil, Unadkat, Aman Singh and Jayashri Patil.
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