Cautio raises INR 6.5 Crore in pre-seed funding co-led by Antler, 8i Ventures and AU Bank
Jul 01, 2024•over 1 year ago
Amount Raised
₹65 Million
Round Type
seed
Investors
Au Small Finance Bank8i VenturesAntler
Description
Cautio, a startup in the visual telematics space, announced a pre-seed raise of INR 6.5 cr co-led by Antler, 8i Ventures, and AU Small Finance Bank. The funding, a mix of equity and debt, was led by Antler, 8i Ventures, and AU Bank, with additional participation from Cautio’s early customers and prominent angel investors. The company is dedicated to addressing safety concerns within India’s mobility and transportation space by offering cost-effective video telematics products.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech