Video telematics startup Cautio has successfully raised Rs 6.5 crore ($780k) in its pre-seed funding round.
The round was led by prominent investors, including Antler, 8i Ventures, and AU Small Finance Bank. This funding, a combination of equity and debt, also saw participation from Cautio’s early customers and several angel investors.
Founded by Ankit Acharya and Pranjal Nadhani, Cautio aims to address safety issues prevalent in India through innovative video telematics solutions.
The startup offers customizable dash cam devices and an AI-powered operating system that ensures accountability, improves driver conduct, minimizes revenue loss, and adopts an API-first strategy.
Cautio’s cost-effective products are designed to meet the specific needs of its diverse clientele, which includes institutions, mobility and logistics companies, and participants in various pilot projects across the country.
Commitment to Tailored Security Solutions
Cautio is driven by a strong motivation to collaborate with clients to create the best security solutions tailored to their specific needs.
The startup guarantees that it does everything possible to help protect its clients’ businesses. This confidence instills a sense of security that enables clients to explore new opportunities and create new business lines that were previously unimaginable.
Cautio’s extensive service portfolio focuses on delivering efficient and effective solutions that chase the essential sense of safety and security.
The company’s innovative approach ensures that clients not only feel protected but are also empowered to venture into new areas of business with confidence.
Utilizing Funds for Nationwide Safety Solutions
The newly acquired funds will be utilized to enhance Cautio’s efforts in deploying safety solutions nationwide.
The startup is committed to integrating cutting-edge technology into accessible and cost-effective solutions that have the potential to redefine road safety in India.
Investors’ Confidence in Cautio’s Vision
Antler India, one of the lead investors, expressed confidence in Cautio’s founders and their vision.
“Their ability to integrate cutting-edge technology into accessible and cost-effective solutions positions them uniquely to redefine road safety,” Antler India stated.
Future Prospects and Innovation
Cautio’s innovative approach and recent funding milestone highlight the growing interest and investment in technology-driven safety solutions in India.
With this boost, Cautio is well-positioned to make significant strides in enhancing road safety and delivering impactful results across the nation.
For more updates on the latest funding news and tech innovations, stay tuned to our blog.
