Intangles Lab

Overview
News
Digital Twin?
Product stageSegments
Go-to-Market
?
Maintenance and monitoring
?

Intangles Lab is an Indian technology company that has developed intellectual property for monitoring and maintenance solutions using digital twins. Intangles primarily focuses on offering predictive vehicle health monitoring solutions to original equipment makers and fleet operators.

Using physics-based analytics and machine learning, Intangles' predictive analytics platform simulates the real-world environment into a virtual world, providing real-time and predictive insights augmented with a large repository of repair strategies and recommendations. The company's solutions enable fleet operators to monitor, benchmark, and conduct predictive maintenance of assets, enhancing overall uptime and profitability. 

The company's solutions include vehicle health monitoring, driver behavior monitoring, fuel monitoring, operations automation, EV monitoring, and location tracking. 

Key customers and partnerships

As of June 2024, the company’s solutions were being used by over 175,000 assets and 25,000 fleet operators across 17 countries. Some key client names include KM Trans Logistics, CJ Darcl, Kapoor Diesel, Purple, and Chartered.

Its enterprise partner ecosystem includes large technology enterprises, system integrators, and technology services and telematics companies. Some of its partners include Intel, Quectel (April 2022), Linde, and RedBus. 

Funding and financials

In February 2023, the company raised USD 10 million in a Series A funding round led by Baring Private Equity Partners. The funds were earmarked to attract and maintain a strong flow of new customers for a business, expand the company’s global presence, and increase hiring to strengthen the company’s product engineering, sales, and delivery teams.

HQ location:
Orville Business Port, Viman Nagar Ninth Floor Pune IND
Founded year:
2014
Employees:
51-100
IPO status:
Private
Total funding:
USD 10.0 mn
Last Funding:
USD 10.0 mn (Series A; Feb 2023)
Last valuation:
-
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