Industrial analytics startup Infinite Uptime raises $35 million from Avataar Ventures, others

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Industrial analytics startup Infinite Uptime, which helps manufacturers reduce maintenance downtime at their facilities, has raised $35 million in a fresh round of funding led by Avataar Ventures. The round also saw participation from New York-based funds StepStone Group and LGVP, in addition to existing backers Tiger Global and GSR Ventures.

In an interaction with ET, the Pune-based startup’s founder and CEO Raunak Bhinge said that the funds will be deployed for its planned expansion in the US market — where the tariffs imposed by President Donald…



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Industrial analytics startup Infinite Uptime raises $35 million from Avataar Ventures, others


Industrial analytics startup Infinite Uptime, which helps manufacturers reduce maintenance downtime at their facilities, has raised $35 million in a fresh round of funding led by Avataar Ventures. The round also saw participation from New York-based funds StepStone Group and LGVP, in addition to existing backers Tiger Global and GSR Ventures.

In an interaction with ET, the Pune-based startup’s founder and CEO Raunak Bhinge said that the funds will be deployed for its planned expansion in the US market — where the tariffs imposed by President Donald…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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