Locale.ai Raises Pre-seed funding from Better Capital
Location analytics startup Locale.ai has raised a pre-seed round of funding led by early-stage venture firm Better Capital.
The funding round also saw participation from notable angel investors such as Myntra's co-founder Raveen Sastry and Fusion Charts' co-founder Pallav Nadhani, Locale.ai said in a statement.
The company will use the fresh capital to scale up its business and expand globally, primarily in the US.
Locale.ai, operated by LocateAI Technologies Pvt. Ltd, was founded by Rishabh Jain and Aditi Sinha last year. The startup aims to help companies engaged in moving assets to get more sustainable demand using real-time location data and analytics. It is already working with mobility and delivery companies in the US, France, Argentina and India.
Aditi Sinha, co-founder ...