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

Economic Times · 3m

Infinite Uptime, an industrial analytics startup, raised $35 million in funding led by Avataar Ventures, with participation from StepStone Group and others. The funds will support its US market expansion. Infinite Uptime provides predictive maintenance solutions for heavy industries, aiming to enhance plant efficiency and reduce downtime. Operating on a subscription basis, it offers AI-driven maintenance recommendations. The company plans to maintain its strong revenue growth, doubling annually since 2021, as it expands globally.