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.
Funding & Business
Portugal Finance Minister on Trade, Tariffs, TAP
Portuguese Finance Minister Joaquim Miranda Sarmento discusses trade negotiations between the European Union and the US ahead of the July 9 deadline. “Tariffs will reduce economic growth both on the US and Europe,” he tells Bloomberg’s Francine Lacqua. “We do expect that at the end it’s possible to have an agreement with very low tariffs,” he adds. Sarmento also talks about airline TAP SA and foreign investment in Portugal.
Source link
Funding & Business
Barclays Bets on Middle East and Elevates Two Co-CEOs for Region
Barclays Plc elevated a pair of senior leaders to oversee its growing business in the Middle East in a move that shows the region’s growing clout both on the global financial stage and within the bank.
Source link
Funding & Business
Alshammari: Cautious on Oil Prices During Q3 & Q4
Oil prices are lower after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply. This is just as US tariffs fan fears about the demand outlook. Yousef Alshammari, President at London College of Energy Economics spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)
Source link
-
Funding & Business6 days ago
Kayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Jobs & Careers6 days ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Mergers & Acquisitions6 days ago
Donald Trump suggests US government review subsidies to Elon Musk’s companies
-
Funding & Business6 days ago
Rethinking Venture Capital’s Talent Pipeline
-
Jobs & Careers6 days ago
Why Agentic AI Isn’t Pure Hype (And What Skeptics Aren’t Seeing Yet)
-
Funding & Business3 days ago
Sakana AI’s TreeQuest: Deploy multi-model teams that outperform individual LLMs by 30%
-
Funding & Business7 days ago
From chatbots to collaborators: How AI agents are reshaping enterprise work
-
Tools & Platforms6 days ago
Winning with AI – A Playbook for Pest Control Business Leaders to Drive Growth
-
Jobs & Careers6 days ago
Astrophel Aerospace Raises ₹6.84 Crore to Build Reusable Launch Vehicle
-
Jobs & Careers4 days ago
Ilya Sutskever Takes Over as CEO of Safe Superintelligence After Daniel Gross’s Exit