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Bengaluru-based industrial artificial intelligence (AI) startup Intellithink has raised Rs 17 crore in a round led by Pentathlon Ventures, which invests in early-stage AI-enabled business-to-business (B2B) tech startups.
Pentathlon Ventures invested Rs 6.5 crore through its India Fund II. The round also saw participation from Anicut Capital and Veltis Capital.
The firm was founded by Sridhar Venugopal and Aswin Venu in 2018.
Intellithink helps large organisations to understand the health of the machinery used in their factories. “We’re a full-stack company in the machine health space of rotating equipment, where our solution monitors machines 24x7 and detects anomalies, identifying not just the issue, but also its nature and the steps needed to fix it,” said Sridhar Venugopal, founder and CEO.
The company serves over 50 enterprises, including Jindal Steel, Jindal Stainless, JSW Steel, ArcelorMittal Nippon Steel, Adani, Ultratech, Dalmia, Ducab, and L&T, and is gaining traction in international markets, especially in the Middle East.
“The funding will primarily go towards expanding our footprint across India and the GCC, while also helping us build and launch our next-generation solution,” said Venugopal.
In a similar space, Infinite Uptime, which helps manufacturers reduce maintenance downtime at their facilities, raised $35 million in a fresh funding round led by Avataar Ventures in March 2025, as reported by ET.
Another example in this category is UptimeAI, an AI startup specialising in the manufacturing and heavy industries sectors, which raised $14 million in a Series A funding round led by Westbridge Capital, with participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures in July 2024.
Pentathlon Ventures invested Rs 6.5 crore through its India Fund II. The round also saw participation from Anicut Capital and Veltis Capital.
The firm was founded by Sridhar Venugopal and Aswin Venu in 2018.
Intellithink helps large organisations to understand the health of the machinery used in their factories. “We’re a full-stack company in the machine health space of rotating equipment, where our solution monitors machines 24x7 and detects anomalies, identifying not just the issue, but also its nature and the steps needed to fix it,” said Sridhar Venugopal, founder and CEO.
The company serves over 50 enterprises, including Jindal Steel, Jindal Stainless, JSW Steel, ArcelorMittal Nippon Steel, Adani, Ultratech, Dalmia, Ducab, and L&T, and is gaining traction in international markets, especially in the Middle East.
“The funding will primarily go towards expanding our footprint across India and the GCC, while also helping us build and launch our next-generation solution,” said Venugopal.
In a similar space, Infinite Uptime, which helps manufacturers reduce maintenance downtime at their facilities, raised $35 million in a fresh funding round led by Avataar Ventures in March 2025, as reported by ET.
Another example in this category is UptimeAI, an AI startup specialising in the manufacturing and heavy industries sectors, which raised $14 million in a Series A funding round led by Westbridge Capital, with participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures in July 2024.