India, Aug. 6 -- Visual telematics startup Cautio has marked the final close of its seed funding round at $3 Mn (INR 26.3 Cr).

The round was raised in two tranches. In the first tranche, Cautio raised $1.2 Mn from 9Unicorns, Venture Catalysts, Antler India, Infinyte Club, MeitY through PIEDS-BITS Pilani and CARS24 founders Gajendra Jangid and Vikram Chopra, in April.

In the latest tranche, the startup bagged $1.8 Mn led by angel investor Amal Parikh, with participation from 8i Ventures, AU Small Finance Bank, Vibha Chetan (Partner - Cheravi Ventures), Venture Catalysts, Multiply Ventures founding partner Raveen Sastry, Bounce cofounder Vivekananda Hallekere and JAR cofounder Nishchay AG.

The startup plans to deploy the fresh proceeds t...