Cautio raises $3 Mn in seed round led by Amal Parikh

AI-powered video telematics startup Cautio has raised $1.8 million in a new funding round led by Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, Venture Catalysts, Vibha Chetan (Cheravi Ventures), Raveen Sastry (Multiply Ventures), Vivekananda Hallekere (Bounce), and Nishchay AG (JAR). 

This brings its total seed round to $3 million. In April, the startup had raised $1.2 million as part of the same round.

The proceeds will be used to enhance its R&D capabilities, scale its AI systems, and expand deployment and servicing infrastructure across India. 

Founded by Ankit Acharya and Pranjal, Cautio provides AI-powered dashcams for fleet operators that offer real-time safety alerts to prevent road accidents. The platform is used in public transport, school buses, and commercial fleets, helping operators detect and respond to risks instantly.

Cautio is currently active in 46 cities and has over 60 customers. It aims to make Indian roads safer by using predictive technology to reduce accident risks.