Intangles Lab Pvt. Ltd

 

Intangles Lab Pvt. Ltd., India's fast-growing Digital Twin solutions provider, secured $10M in a Series A round from Baring Private Equity Partners India.   The proceeds will serve Intangles' new customer pipeline and staffing to bolster its product engineering, sales, and delivery teams. E&Y served as the exclusive financial adviser on this fundraising deal, Intangles revealed.  According to Anup Patil, Co-founder and CEO of Intangles, the company aims to become "the Digital Twin Open-Source Software (OSS) of the world across every segment." Intangles has built in-house IP by leveraging its digital twin and machine learning paradigms to provide OEMs and fleet operators with predictive solutions.