Intangles
“Can Digital Twin AI become the operating system for predictive maintenance across the world's commercial fleets?”
Founded2016
HQPune, Maharashtra, India
Total raised$40M
Latest roundSeries A
IndustryVertical SaaS / Fleet Management
The story
Intangles is an AI-powered fleet management and predictive maintenance SaaS built around proprietary Digital Twin technology and an in-vehicle hardware device (Ingenious). Founded 2016 in Pune, it has expanded internationally into the US (Delaware entity Intangles USA Inc.), Philippines and UAE, and now connects 500,000+ assets across 18 countries. The business is a vertical SaaS/IoT play — there is no evidence of any embedded finance offering.
Last 12 months
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Product timeline
2016
Intangles founded in Pune, India, building Digital Twin technology for fleet vehicles· launch
2023
Raised $10M Series A led by Baring Private Equity· funding
2024
Won AWS Sustainability Partner of the Year for Asia Pacific and Japan· recognition
The stack
0 layers disclosed in Intangles’s embedded-finance stack
Accounting gap: none