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Cautio Secures Funding to Boost Nationwide Safety Solutions

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Preeti Bali / 10:59 am / July 2, 2024

Cautio, a rising video telematics startup, has secured Rs 6.5 crore ($780,000) in a pre-seed funding round. The round was led by prominent investors Antler, 8i Ventures, and AU Small Finance Bank, with additional participation from Cautio’s early clients and angel investors.

Fueling National Safety Initiatives

The funding will be used to accelerate Cautio’s deployment of safety solutions across India. The company is committed to enhancing road safety by providing innovative technological solutions.

Addressing Safety Concerns with Advanced Technology

Founded by Ankit Acharya and Pranjal Nadhani, Cautio specializes in offering affordable video telematics products and customized solutions tailored to address India’s specific safety challenges. Their approach leverages AI-powered operating systems and customizable dash cam devices to promote accountability, improve driver behavior, minimize revenue loss for businesses, and prioritize an API-first development strategy.

Building a Strong Client Base

Cautio has already established itself within the industry, working with a range of clients including institutions, mobility companies, and logistics firms. The company is actively involved in various pilot projects throughout the country, demonstrating the effectiveness of its solutions.

A Competitive Landscape

While Cautio is making strides in the video telematics space, they are not alone. Established players like Safe Cams, LightMetrics, and Hero Group’s Qubo are also present in this growing market. Cautio’s focus on affordability and tailored solutions positions them well to compete and contribute to a safer transportation landscape in India.

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