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Driver assistance startup Sapience Automata raises Seed round

EntrackrEntrackr · 1y ago
Driver assistance startup Sapience Automata raises Seed round
Medial

Driver assistance startup Sapience Automata has raised Rs 1.75 crore in a Seed round led by Inflection Point Ventures. The funds will be utilised for growing sales for driver camera, building key partnerships in the automotive domain, developing advanced driver-assistance systems (ADAS) technology, and filing international patents, the company said in a press release. Founded by Satyajit Neogi in 2021, Sapience Automata focuses on revolutionising road safety in India through plug-and-play driver assistance technology. The firm aims to eliminate accidents by leveraging advanced AI and autonomous driving tech. By offering custom-made products and applications, it provides solutions that are tailored to the specific needs and conditions of Indian drivers. Operating primarily from Bengaluru, Sapience currently focuses on commercial fleets, laying the foundation for future expansion and scalability in the B2C market. FlowPilot and Swaayatt Robots also operate in advanced driver assistance system (ADAS). According to startup data intelligence platform TheKredible, Inflection Point Ventures emerged as the most active investors in Q1 2024 with 11 investments. Blume Ventures, Venture Catalysts and Fireside Ventures were next on the list.

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B2B mobility startup DriverShaab raises pre-Series A round

EntrackrEntrackr · 3m ago
B2B mobility startup DriverShaab raises pre-Series A round
Medial

B2B mobility startup DriverShaab raises pre-Series A round Business-to-business (B2B) mobility solutions provider DriverShaab has raised Rs 2.82 crore in a pre-Series A funding round co-led by Firstport Capital and Inflection Point Ventures (IPV). The Kolkata-based company had previously raised $39.8K from IIMCIP and others. The proceeds will be utilized to scale its driver aggregation platform, enhance operational excellence, and strengthen technology infrastructure, DriverShaab said in a press release. Founded in 2019 by Avijit Das, DriverShaab offers on-demand driver services, logistics support, and employee transportation solutions for businesses. The startup leverages technology to streamline driver aggregation, making operations more reliable and efficient for enterprises across industries. According to market research, India's mobility market is valued at $900 million. DriverShaab leverages technology to streamline driver aggregation, ensuring seamless deployment, reduced downtime, and enhanced service reliability. The platform simplifies the driver aggregation model and is built to streamline fleet operations for businesses. The company aims to create seamless, tech-driven solutions that address the unique challenges of driver services. DriverShaab addresses driver supply challenges, operational inefficiencies, and fleet management complexities through its tech-driven approach. Currently, it has facilitated transactions worth Rs 26 crore since its inception, demonstrating strong demand and adoption of its platform.

OneTab AI raises $3.3 Mn in seed round

EntrackrEntrackr · 4m ago
OneTab AI raises $3.3 Mn in seed round
Medial

OneTab AI raises $3.3 Mn in seed round Workplace SaaS startup OneTab AI has raised $3.3 million (Rs 28.6 crore) in its seed round co-led by LIT Fund and Orbit. The round also saw participation from a Singapore-based family office, SOSV, Sunil Kumar Singhvi and the company’s founders. The proceeds will be used to ramp up the development and deployment of OneAsk, its AI agent designed to manage the entire software development life cycle (SDLC). Founded in November 2023 by Saket Dandotia, Sonal Dandotia, and Alok Patil, OneTab integrates project management, communication, API development, CI/CD, and AI-driven automation into a single platform, addressing inefficiencies in traditional tools like Slack and Asana. Its proprietary LLMs, OneGPT and OneCode, enable AI-powered project management, coding assistance, and automation while ensuring data privacy through private hosting. Its flagship AI agent, OneAsk streamlines workflows into a single intelligent platform, enabling developers, project managers and businesses to work more efficiently.

Liquidnitro Games raises $5.25 Mn led by Nexus Venture Partners

EntrackrEntrackr · 1y ago
Liquidnitro Games raises $5.25 Mn led by Nexus Venture Partners
Medial

Gaming startup Liquidnitro Games has raised $5.25 million in its seed round led by Nexus Venture Partners, with participation from angel investors from the US, Canada, EU, and India. The proceeds will be used to build a studio, AI and technology investments to boost production pipelines at scale, and offer live services capabilities at scale, the company said in a press release. Liquidnitro was founded in December 2023 by ex-EA veterans Sandeep Kowdley, Krishna Dhanekula, Arun Kunchala, and Suresh Manthena. The startup provides services such as live services, geo-adaptation, assistance in transitioning gaming ideas and IPs into profitable game launches through prototyping, limited market testing, iteration, and full production. It also offers assistance in setting up specialized game teams to co-produce games and live services. The company added it is partnering with global games companies for its value proposition and exploring new market opportunities in India and beyond.

Video telematics startup Cautio raises Rs 6.5 Cr in pre-seed round

EntrackrEntrackr · 1y ago
Video telematics startup Cautio raises Rs 6.5 Cr in pre-seed round
Medial

Video telematics startup Cautio has raised Rs 6.5 crore ($780k) in its pre-seed round 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 customers and angel investors. The startup will use the proceeds to escalate its efforts in deploying safety solutions across the country. Founded by Ankit Acharya and Pranjal Nadhani, Cautio offers cost-effective video telematics products and delivers tailored solutions aimed at mitigating safety issues prevalent in India. Through customizable dash cam devices and an AI-powered operating system, Cautio ensures accountability, improves driver conduct, minimises revenue loss, and adopts an API-first strategy. The startup counts among its clients institutions, mobility and logistic companies. It is also actively involved in multiple pilot projects across the country. Safe Cams, LightMetrics and Hero Group’s Qubo are some of the leading companies in this space.

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