Cautio, a Video telematics startup has secured Rs 6.5 crore in its pre-seed round led by Antler, 8i and AU Bank.
The funding, is a mix of equity and debt, was led by Antler, 8i Ventures, and AU Small Finance Bank with additional participation from Cautio’s early customers and angel investors.
As per the startup, the funding will be used to escalate its efforts in deploying safety solutions across the country.
Cautio | Video Telematics Startup
Founded by Ankit Acharya and Pranjal Nadhani, Cautio provides with a cost-effective video telematics product and delivers tailored solutions aimed at mitigating safety issues prevalent in India.
Via customizable dash cam devices and an AI-powered operating system, Cautio ensures accountability, improves driver conduct, minimises revenue loss, and adopts an API-first strategy.
The startup counts among its customers like institutions, mobility and logistic companies. It is also actively involved in multiple pilot projects across the country.
Safe Cams, LightMetrics and Hero Group’s Qubo are some of the leading companies in this space.
Speaking about the development, Ankit Acharya, Founder and CEO of Cautio, said,
“Telematics in India has rapidly advanced from GPS, Bluetooth and portable navigation to embedded connectivity. Initially focused on passive road safety measures, the emphasis is now shifting towards active real-time responsiveness due to high accident rates.”
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