PE-VC Fund Investments
Industrial AI startup Intellithink raises Rs.17-Cr led by Pentathlon Ventures
Bengaluru-based industrial artificial intelligence (AI) startup Intellithink has raised INR 17 crore in a round led by Pentathlon Ventures, with participation from Anicut Capital and Veltis Capital. Pentathlon Ventures contributed INR 6.5 crore through its India Fund II.Intellithink, founded in 2018 by Sridhar Venugopal and Aswin Venu, provides solutions for large organisations to monitor the health of the machinery in their factories. Its full-stack solution claims to track rotating equipment 24/7, identify anomalies, and specify the nature of issues along with required repair steps.The fresh funding will support the firm’s expansion across India and the Middle East.
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