Video telematics startup Cautio has successfully raised Rs 6.5 crore ($780,000) in its pre-seed funding round. The round was led by prominent investors Antler, 8i Ventures, and AU Small Finance Bank.
The funding round also saw participation from Cautio’s early customers and several angel investors. The infusion of capital, a mix of equity and debt, will be utilized by Cautio to accelerate the deployment of its safety solutions across India.
Founders and Vision
Founded by Ankit Acharya and Pranjal Nadhani, Cautio aims to tackle the prevalent safety issues in India through its cost-effective video telematics products. The company leverages customizable dash cam devices paired with an AI-powered operating system to ensure accountability, improve driver conduct, and minimize revenue loss. Additionally, Cautio adopts an API-first strategy to deliver tailored solutions to its clients.
Clientele and Market Presence
Cautio’s solutions have attracted a diverse clientele, including institutions, mobility companies, and logistics firms. The startup is also engaged in multiple pilot projects nationwide, demonstrating its commitment to enhancing safety standards in the transportation sector.
Competitive Landscape
In the burgeoning video telematics market, Cautio faces competition from established players such as Safe Cams, LightMetrics, and Hero Group’s Qubo. Despite the competition, Cautio’s innovative approach and growing customer base position it well for future growth.
Avinash Dyal