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Dashcam startup Cautio raises Rs 11 Cr in seed round

EntrackrEntrackr · 9m ago
Dashcam startup Cautio raises Rs 11 Cr in seed round
Medial

Dashcam startup Cautio raises Rs 11 Cr in seed round Video telematics startup Cautio has raised Rs 11 crore as part of its ongoing seed round. The round saw participation from 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, Ministry of Electronics and IT (MeitY) through PIEDS-BITS Pilani, and CARS24 Founders - Gajendra Jangid and Vikram Chopra. The proceeds will be utilized to expand its technology across India, strengthen AI capabilities, and work closely with fleets to build a culture of proactive safety, Cautio said in a press release. Co-founded in 2023 by Ankit Acharya and Pranjal Nadhani, Cautio is a video telematics company that aims to make Indian roads safer through AI-powered dashcams. By delivering real-time insights and 24/7 monitoring, the platform helps fleets prevent risks, ensure compliance, and drive with confidence. With its affordable and intelligent fleet safety solutions, it is transforming mobility by empowering fleet operators and drivers to enhance safety, minimize risks, and build a smarter, more secure future on the road. Cautio says that it is trusted by mobility and logistics providers like Shoffr, Euro Cars, Namma Yatri, IITs, and Cityflo among others. The company operates in over 35 cities across India, and has also delivered over 50 crore location data points through its APIs.

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Exclusive: Cautio to acquire Nikhil Kamath WTFund-backed Bytes

EntrackrEntrackr · 20d ago
Exclusive: Cautio to acquire Nikhil Kamath WTFund-backed Bytes
Medial

Bengaluru-based visual telematics startup Cautio is set to acquire Bytes, an AI-powered two-wheeler safety technology startup backed by Nikhil Kamath’s WTFund, according to two sources aware of the development. The transaction will be a 100 percent acquisition, with Cautio buying out Bytes entirely. The deal is expected to close in the next two to three weeks if no changes occur. Founded to build AI-based Advanced Driver Assistance Systems (ADAS) for two-wheelers, Bytes focuses on improving rider safety through real-time alerts and computer-vision-led solutions. WTFund had previously provided non-dilutive funding to Bytes, enhancing its visibility. For Cautio, active mainly in the four-wheeler segment with its AI-driven dashcam and visual telematics platform, acquiring Bytes is strategically important. Integrating Bytes’ technology aims to expand Cautio’s offerings to cover the entire on-road safety category across different vehicle types. Sources suggest the acquisition allows Cautio to broaden its market reach and enhance services across mobility, logistics, and insurance sectors. Present in nearly 50 cities, Cautio partners with traditional logistics firms and new-age mobility startups, counting clients like Steel House, Rinku Logistics, ZingBus, RedBus, Shoffr, Namma Yatri, and Cityflo. Cautio had raised $3 million in its seed round led by Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, and others.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 6m ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

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