Infinite Uptime has efficiently secured an extra $18.85 million

A funding round of $18.85 million is secured by Infinite Uptime.

Infinite Uptime, an Indian industrial Internet of things business, has successfully raised an additional $18.85 million in a fundraising round headed by Tiger World to advance the development of its remote condition monitoring and predictive maintenance products. In addition to providing cloud data backup support, an enhanced dashboard for tracking and forecasting Remaining Useful Life (RUL) and downtime, and sophisticated data analytics to increase plant dependability and reduce production failures, these solutions provide real-time situation monitoring.

Presently, Infinite Uptime has more than 300 clients, including well-known businesses like Vedanta, JSW Steel, Hyundai, Borosil, Ceat, and Adani. As a result, the company is now able to provide its clients enormous value while increasing production volume, plant dependability, and overall operational efficiency.

With locations in Berkeley, California, and Dubai, Infinite Uptime has demonstrated its global reach and commitment to many markets. The organisation wants to be a key player in increasing manufacturing floor productivity and assisting the global south in becoming a more competitive region.

Strategic maintenance planning will be given priority, and the financing will support Infinite Uptime’s global offices and innovation commitment, further supporting the company’s business model.

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