Industrial Analytics Startup Infinite Uptime Bags $35 Mn Led By Avataar Ventures

Infinite Uptime, an Industrial Analytics Startup that offers predictive maintenance solutions for factories, has raised $35 million in a Series C funding round led by Avataar Ventures.

Other investors including New York-based funds StepStone Group and LGVP, in addition to existing backers Tiger Global and GSR Ventures also participated in this round.

The startup plans to use the funds to expand into the US market, where tariffs imposed by President Donald Trump could benefit domestic heavy industries, which are key clients for Infinite Uptime.

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"Initially, we saw significant growth in India before expanding into the Middle East, where we now have over 40 enterprise accounts. Last year, we began expanding into Southeast Asia, and this year, our focus is on the US market," said, Raunak Bhinge, founder and CEO of Infinite Uptime.

“In the new regime, infrastructure spending is supposed to grow. We haven’t seen it yet, but the target is to grow infrastructure spending,” he added.

Bhinge noted that this shift offers an opportunity for Infinite Uptime as US manufacturers look to improve plant efficiency and reduce downtime.

Shobhit Gupta, principal at Avataar Ventures, mentioned that at least three of Infinite Uptime's customers have followed a similar growth strategy, starting with one plant and then expanding to multiple locations. After establishing themselves in India, they often expand internationally, sometimes through acquisitions in the US and other markets. For example, a company with a plant in Thailand might target Africa and South Asia before expanding to the US.

About Infinite Uptime

Founded in 2015 by Raunak Bhinge, the Pune-based Infinite Uptime offers predictive maintenance solutions for heavy industries like steel, cement, mining, and chemicals. Its services, including AI-based diagnostics, recommendations, and failure predictions, help industries boost efficiency and prevent machine breakdowns.

The company follows a subscription model, where customers pay for AI-powered maintenance advice instead of purchasing hardware. 

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