Home Insight FUNDING NEWS- Newly Funded Startups 2024 Cautio Secures Rs 6.5 Cr Pre-Seed Funding Round Led by Antler,...

[Funding News] Cautio Secures Rs 6.5 Cr Pre-Seed Funding Round Led by Antler, 8i and AU Bank

Cautio, a firm specializing in video telematics, has successfully secured Rs 6.5 crore ($780k) in its pre-seed funding round. The deal was headed by prominent investors Antler, 8i, and AU Bank.

Cautio will utilize the funds to intensify its endeavors in implementing safety solutions nationwide.

The financing round consisted of a combination of equity and debt and was primarily driven by Antler, 8i Ventures, and AU Small Finance Bank. Cautio’s early clients and angel investors also contributed to the funding.

Cautio provides affordable video telematics systems and offers customized solutions to address safety concerns that are widespread in India.

Read also – Social Platform Pepul Raises $4 Mn Pre-Series A Funding Round

Cautio utilizes customizable dash cam devices and an AI-powered operating system to promote accountability, enhance driver behavior, reduce financial losses, and prioritize an API-first approach.

Cautio’s client base includes institutions as well as mobility and logistic enterprises. Additionally, it is actively engaged in other pilot projects throughout the nation.

About Cautio

Founded in 2023 by Ankit Acharya and Pranjal Nadhani, Cautio is building an affordable AI-powered dash-cam and Operating System as a solution for fleet operators and owners in India. The product is aimed at enhancing safety for drivers & riders, improving fleet productivity, improving fleet ancillary costs & reducing on-road accidents.

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