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

Share via:


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.

Popular

More Like this

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

SEC delays decision on XRP, Solana, Litecoin, Dogecoin ETFs

The US Securities and Exchange Commission has delayed...

After Airtel, Jio Inks Deal With SpaceX To Offer...

SUMMARY Under the partnership, Starlink will help Jio expand...

ChatGPT having mental health issues: AI gives surprising reaction...

A recent study suggests that OpenAI’s ChatGPT may...

Popular

Upcoming Events

IBM’s CEO doesn’t think AI will replace programmers anytime...

IBM CEO Arvind Krishna says that, despite the...

ChatGPT having mental health issues: AI gives surprising reaction...

A recent study suggests that OpenAI’s ChatGPT may...

AirPods with cameras would be a good match for...

According to recent rumors, Apple has been exploring...
d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa