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Cautio raises INR 6.5 Crore in pre-seed funding co-led by Antler, 8i Ventures and AU Bank

Jul 01, 2024over 1 year ago

Amount Raised

₹65 Million

Round Type

seed

BengaluruInformation TechnologyArtificial Intelligence

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.

Company Information

Company

Cautio

Location

Bengaluru, Karnataka, India

About

Cautio is a visual telematics startup founded by Ankit Acharya and Pranjal Nadhani. The company offers cost-effective video telematics products aimed at addressing safety concerns within India’s mobility and transportation space. Cautio delivers tailored solutions through customizable dash cam devices and an AI-powered operating system, to ensure accountability, improve driver conduct, and minimize revenue loss.

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Funding Insights

Based on industry data
VC-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