Vahanalytics Raises $200000 Seed Funding From Venture Catalysts
Vahanalytics, a tech-driven startup aimed at making Indian roads safer and better has raised USD 200, 000 through Venture Catalysts, India's first Seed Investment and Innovation Platform.
The investment was led by prominent VCats angels Vikram Lakhotia and Anirudh Damani. With driverless smart cars increasingly being explored as a viable medium to improve the on-road transportation efficiency by tech giants around the world, the investment into Vahanalytics is aimed at addressing a global problem on a local scale.
Speaking on the investment, Dr. Apoorv Ranjan Sharma, Co-founder, Venture Catalysts, said, "Data analytics in transportation using telematics is the need of the hour. The space is extremely exciting and opens the door for almost limitless possibilities for implementation. The...