Gurgaon-Based Geospatial Intelligence Startup Intents Mobi Raises Seed Funding
Gurgaon based geospatial intelligence startup Intents Mobi has raised 600K USD in its seed round led by Auxano Entrepreneur Trust.
The funding round also saw participation from other VC firms such as Globevestor, Artha99 Investment, Modulor Capital, VGangels, the angel network at Venture Garage, besides DevX Venture Fund.
Founded by Tabrez Alam, Naresh Kumar Kachhi, Balasubramaniam S and Prakash Velusamy, Intents Mobi is now 15 people strong with 13 members purely focussing on technology development.
The company utilises a network of ‘Scouts’, which is a community of over 500,000 users who contribute to the data generation for location intelligence.
Speaking about the funding round, Tabrez Alam, Founder – Intents Mobi, said,
“We will be using the funds to increase the collection of GIS information for India and for further developing our products. Since we already currently generate insights for almost 1.5 crore kms of roads per day and process 0.5 million geocodes, the funds will enable us to increase this by 5X and cover the 50 most populous cities of the country by the end of the year”.
Intents Mobi has some of the biggest names in various industries as their clients, including Here Maps, TomTom and Honda, among others.
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