Video telematics startup Cautio has secured a pre-seed funding round of Rs 6.5 crore led by Antler, 8i Ventures, and AU Small Finance Bank, as announced on Monday. The investment, a combination of equity and debt, also saw participation from early adopters of Cautio’s technology and angel investors.
Pranjal Nadhani, Co-founder & CTO of Cautio, highlighted the significance of the funding, stating, “With the backing of Antler, 8i, and AU, we are poised to expand our efforts in deploying state-of-the-art safety solutions nationwide.”
Cautio specializes in offering cost-effective video telematics products designed to address safety concerns prevalent in India. Their solutions include customizable dash cam devices and an AI-powered operating system aimed at enhancing driver accountability, improving conduct, and reducing revenue loss. The company adopts an API-first strategy to facilitate seamless integration.
Nitin Sharma, Partner at Antler, emphasized the transformative potential of Cautio’s approach, noting, “Cautio goes beyond mere data capture to deliver actionable insights that enhance driver behavior, elevate safety standards, and pave the way for autonomous driving technologies.”
Ankit Acharya, Co-founder & CEO of Cautio, highlighted the urgency of their mission, particularly in India, which faces significant road safety challenges.
The funding will enable Cautio to further innovate in the field of video telematics, bolstering their capabilities to tackle road safety issues and advance towards their vision of safer roads through technology.