Infinite Uptime, an India-based startup specializing in predictive maintenance for industrial operations, has raised $35 million in Series C funding. The investment will help expand its presence in the U.S. and other key markets, bringing its AI-powered diagnostics to more manufacturers.
The manufacturing sector has been slow to adopt technology, with many industries still relying on aging, energy-intensive machinery. However, modern tech is gradually transforming factory maintenance and repairs—a space where Infinite Uptime is making a significant impact.
The company offers predictive maintenance solutions using proprietary sensors, software analytics, and AI-driven diagnostics. Its smart dashboard provides live monitoring, helping manufacturers detect issues before they cause downtime.
“We give manufacturers pinpointed recommendations and intervention points—exactly what needs to be done in the plant, which asset needs correction, and what parameters to monitor,” said Raunak Bhinge, founder of Infinite Uptime, in an interview with TechCrunch.
Cutting-Edge Sensor Technology
Infinite Uptime has developed piezoelectric sensors capable of diagnostics in extreme environments, such as high-temperature phosphoric acid, nitric acid, and sulfuric acid plants. The company has secured five patents in this field, reinforcing its position as an innovator in industrial maintenance.
While industrial giants like Rockwell, Siemens, and Honeywell have long provided AI-driven automation, and startups like Augury offer machine-monitoring solutions, Infinite Uptime differentiates itself with a unique tech stack.
Unlike top-down solutions that rely on programmable logic controllers (PLC) or programmable limit switches (PLS), Infinite Uptime’s approach is more adaptive. Bhinge also pointed out that battery-based microelectromechanical systems (MEMS), commonly used by competitors, have limited use in high-temperature applications.
Industrial move and Impact
Infinite Uptime’s predictive maintenance technology serves manufacturers in steel, cement, metals, mining, fertilizers, chemicals, and paper industries. The company also partners with OEMs (original equipment manufacturers) to integrate its AI-powered monitoring solutions into new machinery.
So far, Infinite Uptime’s technology has contributed to 74,274 hours of downtime savings, along with 5% to 10% improvements in productivity, energy efficiency, safety, and compliance for its clients.
Currently, Infinite Uptime serves 800 plants across 30 countries. With its Series C funding, the company is focusing on strengthening its U.S. presence and expanding its global footprint.
The $35 million funding round was led by Avataar Ventures, with participation from StepStone Group and LGVP, along with existing investors Tiger Global and GSR Ventures. This latest round brings the company’s total funding to $65 million since its launch in 2015, according to Crunchbase.
Over the past three years, Infinite Uptime has doubled its revenue annually and is now operationally cash-flow positive. The company plans to use its new funding to drive product development, explore mergers and acquisitions (M&A), and enhance its AI-driven insights.
Infinite Uptime currently employs 350 people and is investing further in R&D and data science to optimize AI-powered predictive analytics. “We’re focusing on helping manufacturers use less energy per ton of production, improving efficiency across the board,” Bhinge explained.
With its cutting-edge predictive maintenance technology and a strong global expansion strategy, Infinite Uptime is poised to reshape how industrial manufacturers manage their equipment, reducing costs and increasing operational efficiency.
