Minto.ai
Minto.ai is an Indian technology company headquartered in Hyderabad that provides artificial intelligence and Internet of Things solutions for industrial machine health monitoring.[^c1] Incorporated in 2018, the company develops the spidersense industrial IoT platform and the [[iHz]] edge device for predictive maintenance of rotating machinery.[^c3] Its [[spiderAI]] platform, described as a workflow-native operational intelligence platform, uses generative AI with a multi-agent architecture to close the gap between real-time equipment data and operational decision-making.[^c2][^c9] The company operates in the global AI-powered predictive maintenance platforms market, valued at $874 million in 2025 and projected to reach $2 billion by 2032.[^c11]
Minto.ai serves clients in heavy industries, notably steel manufacturing, with deployments at the Steel Authority of India, Tata Steel Long Products, CK Birla Group, and Patil Group.[^c5] In 2021, the company's first publicly documented industrial deployment was a trial of its predictive monitoring system at SAIL's Bokaro Steel Plant.[^c7]
The company operates as Minto Softech Private Limited, incorporated on 24 September 2018 under the Registrar of Companies in Hyderabad.[^c4] It was founded by Raviteja Valluri and Surya Penmetsa, with seed funding from T-Hub in 2019 and a $1.6 million seed round in 2026 from investors including THE GAIN and the IIIT-H Foundation.[^c6][^c8][^c10]