Intangles raises $10 mn in series A funding from Baring PE Partners

Digital Twin solutions provider Intangles Lab on Tuesday announced that it has raised $10 million in Series A funding from Baring Private Equity Partners India to expand business operations and accelerate new hiring.

The funding will be utilised for serving a robust new customer pipeline, expanding global presence and accelerating hiring to augment product engineering, sales and delivery teams, Instangles said. E&Y acted as the exclusive financial adviser to the company on this fundraising transaction.

“We are focused on growing our presence across the entire Commercial Vehicle segment across the globe. In the coming years, we are aiming to vigorously