Funding News:  Cautio Raises Rs 11 Crore in Seed Funding for Dashcam Tech

Startup: Cautio

Founder:  Ankit Acharya and Pranjal Nadhani

About us: India is grappling with significant challenges in ensuring the safety of its public transport systems. With rapid urbanisation and a surge in vehicular traffic, the demand for effective and reliable safety measures has become more urgent than ever. The current landscape of road safety is marked by alarming accident rates, frequent misbehaviour, security concerns, and inconsistent adherence to traffic regulations. These issues not only endanger the lives of drivers and passengers but also place a substantial burden on the nation’s resources ranging from healthcare and law enforcement to asset repairs.

Founded Year: 2023

Office: Bangalore

Sector: Technology, Information and Internet

Funding Round: Seed Round

Investors: 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, Ministry of Electronics and IT (MeitY) via PIEDS-BITS Pilani, Gajendra Jangid (Co-founder, CARS24), Vikram Chopra (Co-founder, CARS24)

Video telematics startup Cautio has raised Rs 11 crore in its current seed funding round. The round saw participation from prominent investors such as 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, the Ministry of Electronics and IT (MeitY) via PIEDS-BITS Pilani, and CARS24 co-founders Gajendra Jangid and Vikram Chopra.

It will invest the funds to upgrade its technology throughout India, strengthen AI capabilities, and partner with fleets to promote an environment of forward-looking safety, according to a press release.

Started in 2023 by Pranjal Nadhani and Ankit Acharya, Cautio seeks to enhance road safety in India through AI dashcams. Through its real-time and 24x7 monitoring feature, the platform helps fleets stay risk-free, compliant, and drive with confidence.

Website: www.cautio.in