Covert Eye Technologies Pvt Ltd ( Cautio )

Business Overview

• Cautio, operating entity: Covert Eye Technologies Pvt Ltd, builds an AI-powered dual-lens dashcam and cloud-connected fleet-safety/telematics platform for commercial mobility in India — autos, cabs, buses, logistics and public-transport fleets.
• Offering includes live fleet video streaming, GPS tracking, real-time AI alerts for distracted/risky driving, route playback, two-way audio, SOS, and a 24/7 command-center layer
• Company states "15K+ vehicles contracted," "27 Cr+ AI alerts," "33L+ trips" protected, operations across 50+ cities, and ISO 27001:2026 certification.
• Founded Oct 2023 by Ankit Acharya and Pranjal Nadhani.
• In Dec 2025 Cautio acquired Bytes, an AI-powered 2-wheeler safety startup earlier backed by Nikhil Kamath's WTFund, folding its founders/team into Cautio's R&D to expand into 2-wheeler rider safety., Sources: cautio.com, india.entrepreneur.com, 8ivc.com

Sector & Classification

Conflicting classification: Tofler tags it "Information Technology – Application development & software solutions"; TheCompanyCheck tags it "Transport and Storage". CIN economic-activity code is 62013. Actual business (per company/press sources) is AI dashcam hardware + fleet-safety SaaS — straddles IT services and transport-tech; NIC description not independently confirmed.

Directors & Key Management

GST Registrations

Not obtained. Individual GSTIN(s), home state confirmation beyond registered-office Karnataka, registration count and status could not be retrieved from knowyourgst.com, findgst.in or mastersindia.co (search-by-name pages 404'd / required exact GSTIN input not available to us). PAN also not obtained (needed as a lookup key for these portals).

Financials

Funding History

• Partially conflicting across sources:
• Round 1 (~Jun 2024): reported as a Seed/pre-seed round of ~$780K, ~INR 6.5 crore per a Samvad Partners LinkedIn post on the 8i Ventures deal, led by Antler India and 8i Ventures., Source: startupintros.com, LinkedIn/Samvad Partners
• Round 2 (~Apr 2025): Seed round of ~$1M, with Antler, Builders VC, V3 Ventures, Venture Catalysts., Source: startupintros.com
• Cumulative funding: startupintros.com states "$1.8M across 2 rounds", also notes a conflicting "$3.86M+ as of May 2025" figure in a footnote
• Premieralts.com independently states total funding "$3.8M" and implied valuation "$2.4M" citing "14 investors", most not named without signup.
• Investor roster, union of sources: Antler (India), 8i Ventures, AU Small Finance Bank, Builders VC, V3 Ventures, Venture Catalysts, angel investor Amal Parekh, plus unnamed "strategic and operator angels."
• Given the $1.8M vs $3.8M-cumulative-funding conflict between two independent trackers, treat the aggregate figure as unconfirmed/partial
• The two named rounds, Jun 2024 seed, Apr 2025 seed, are the best-supported facts.

Shareholding

• Not obtained. Cap-table / shareholding percentages are paywalled on both Tofler and TheCompanyCheck, "Tofler Pro subscription" / premium required. Only the investor names above, from press coverage, not registry filings, are available
• No equity percentages found.

Loans & Charges

• Confirmed by 2 sources, Tofler, TheCompanyCheck, — all charges held by AU Small Finance Bank Limited, all currently open (none satisfied):
• Rs 2.0 crore — charge dated 25 Jul 2024
• Rs 1.0 crore — charge dated 09 Jun 2025
• Rs 1.0 crore — charge dated 31 Jul 2025
• Total open charges: ~Rs 4.0 crore.

Related Parties

• "Cautio" is the trading/brand name for the legal entity Covert Eye Technologies Private Limited, confirmed by TheCompanyCheck and the company's own site cautio.com, whose domain cautio.in redirects to cautio.com.
• In Dec 2025, Cautio acquired Bytes, an AI 2-wheeler-safety startup previously backed by Nikhil Kamath's WTFund
• The Bytes founders/team were absorbed into Cautio's R&D, Source: india.entrepreneur.com.
• It is not confirmed from registry sources whether Bytes became a formal subsidiary or was an asset/talent acquisition — treat as partial/unconfirmed on the legal-structure question.
• No other group/related entities found.

Credit Ratings

• None found. No CRISIL/ICRA/CARE rating identified for this entity across the sources checked — consistent with a small, VC-funded, early-stage private company that has not sought a bank-facility credit rating.

Legal & Compliance

• One ongoing civil matter found via indiankanoon.org: "Nayan India Science And Technologies vs Covert Eye Technologies Private Limited & Anr" — Delhi High Court, multiple hearing orders from Aug 2025 through Apr 2026, dates seen: 04-Aug-2025, 26-Aug-2025, 01-Sep-2025, 16-Sep-2025, 06-Oct-2025, 31-Oct-2025, 12-Nov-2025, 10-Dec-2025, 04-Feb-2026, 30-Apr-2026, presided over in later hearings by Justice Tushar Rao Gedela.
• One order notes "Euro Cars is availing the technology and services of a third-party service provider, Covert Eye Technologies Private Limited," suggesting the dispute concerns technology/IP or service-provision matters involving a client (Euro Cars) — exact cause of action, relief sought, and current status/outcome not confirmed from the search snippets alone.

Competitive Landscape

• 1. Netradyne — AI driver-safety dashcams/vision-AI, US-origin with large India operations; materially larger scale, ~$220M+ raised, global enterprise fleets.
• 2. Samsara — global connected-fleet/IoT platform, public company, NYSE: IOT; vastly larger scale, used as a scale benchmark.
• 3. LocoNav — India-based fleet management SaaS + hardware/telematics; comparable-to-larger scale (~$60M+ raised).
• 4. Intangles Lab — connected-vehicle diagnostics/telematics for commercial fleets in India; similar early-growth stage.
• 5. RideVision — AI-based 2-wheeler/rider safety-vision systems, active in India; niche overlap with Cautio's post-Bytes-acquisition 2-wheeler push.
• 6. Bytes — AI 2-wheeler safety startup (WTFund-backed) that Cautio itself acquired Dec 2025; listed as a former direct niche peer, now absorbed.

Frequently Asked Questions

Sources

Tofler (tofler.in) — identity, capital, directors, charges, financials %, sector tag; TheCompanyCheck (thecompanycheck.com) — identity, capital, directors, charges, brand/domain link; india.entrepreneur.com — Bytes acquisition, founders, investors, business model; 8ivc.com — 8i Ventures investment confirmation; startupintros.com — funding rounds, employee count, founders; premieralts.com — valuation and cumulative funding (conflicting); cautio.com — business overview, logo, scale metrics, ISO cert; cautio.in (redirects to cautio.com) — domain confirmation; indiankanoon.org — Delhi HC litigation; LinkedIn/Samvad Partners post (via search snippet) — 8i Ventures pre-seed deal size.