Funding & Business
AI startups Cautio, Scoutflo raise funding
DevOps AI platform Scoutflo has raised Rs 1.4 crore in a pre-seed funding round led by 100X.VC. In the round, investors like Arjun Pillai and Prasanna Venkatesan also took part.
Scoutflo plans to use the funding to improve its AI-driven deployment automation and debugging capabilities. It will also help bolster security and compliance measures across all deployments, the company said in a statement.
“Scoutflo will use this funding to accelerate the adoption of AI-powered DevOps. The company will also work toward expanding its solutions across new markets and building strategic partnerships to drive growth and adoption,” it said.
Cautio raises Rs 11 crore funding
AI-powered video telematics startup Cautio has raised Rs 11 crore funding 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 raise also saw strong backing from early customers and industry leaders who believe in technology’s life-saving potential and Cautio’s mission,” the company said in a statement.
“At 9Unicorns and Venture Catalyst, we believe in backing visionary startups that leverage technology to solve real-world challenges. Cautio is addressing one of India’s most pressing concerns – road safety – by integrating AI-powered video telematics into mobility solutions. Their approach has the potential to significantly reduce accidents, improve fleet efficiency, and save lives.” said Apoorva Ranjan Sharma, co-founder & MD of 9Unicorns & Venture Catalyst.
“Cautio goes beyond just data collection – it transforms insights into action, improving driver behavior, enhancing safety, and laying the foundation for autonomous mobility. Road safety in India is a massive challenge, with uncertainty and risk affecting millions daily. Cautio’s AI-driven technology empowers fleet operators and drivers to proactively take control of safety rather than merely react to accidents. We are proud to back their mission to make Indian roads safer,” said Nitin Sharma, partner at Antler.
By delivering real-time insights and 24/7 monitoring, Cautio helps fleets prevent risks, ensure compliance, and drive with confidence.
The UK can generate almost 25% more in taxes from oil and gas companies through 2050 if the Labour government replaces a contentious windfall levy on North Sea producers as soon as next year rather than waiting, according to an industry lobby group.
“Action is required now,” Offshore Energy UK said in its analysis of the nation’s fiscal policy impacts. The lack of an immediate response risks pushing the sector into “an accelerated decline” that includes a “loss of critical mass” of British oil and gas supply chain capability.
Asian investors may tread cautiously on Monday as uncertainty deepens following a U.S. federal appeals court ruling that President Donald Trump’s sweeping trade tariffs were illegal.
The dollar was steady against major peers in early trading while US equity futures edged higher. Contracts indicate losses for Australian and Japanese shares at the open, and gains in Hong Kong. US bond futures nudged lower, with the cash market closed for the Labor Day holiday.
The Tokyo Stock Exchange remains under pressure to do more to protect minority shareholders during management buyouts, just weeks after requiring more disclosures on such deals.
Pacific Industrial Co., a supplier for Toyota Motor Corp., and car-care products maker Soft99 Corp. are among companies that have announced plans to go private in management buyouts, since new rules came into effect on July 22.
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