Cautio Raises Rs 6.5 Crore in Pre-Seed Funding from Antler, 8i Ventures, Others

Cautio, a start-up in the visual telematics space, today announced a pre-seed raise of INR 6.5 crore led by Antler, 8i, and AU Bank. The funding, a mix of equity and debt, was led by Antler, 8i Ventures, and AU Small Finance Bank, with additional participation from Cautio’s early-believer customers and prominent angel investors. Pranjal Nadhani, co-founder and CTO of Cautio, added: “With the support of our friends at Antler, 8i, and AU, we are primed to escalate our efforts in deploying cutting-edge safety solutions across the country.” Ankit Acharya, co-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.”Read: Immense Possibilities for Start-Ups Across Sectors in J&K, Says Lieutenant Governor SinhaAcharya added. “India, ranking first in global road fatalities, recorded 1,68,491 deaths in 2022, with overspeeding responsible for 70% of these fatalities, along with approximately 4.4 lakh injuries. Video telematics and dash cams, driven by demand from the commercial vehicle sector, will be crucial in eliminating hearsay and enhancing road safety.” 

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