Vahanalytics, a tech-driven startup aimed at making Indian roads safer and better has raised $200K (Rs 1.3K) through Venture Catalysts.
The investment was led by prominent VCats angels Vikram Lakhotia and Anirudh Damani.
Shivalik Sen, Co-founder, Vahanalytics, said, “We started out as an on-demand driver service and built a driving analytics module to help track and train our drivers. While doing so, we realised that there was a
distinct lack of a similar scientific metric to quantify and judge driving behaviour as well as to identify and train drivers in areas which require improvement. Seeing how this tool could have a number of use-cases across industries such as transportation, logistics and insurance, we spoke to several businesses and received an overwhelming response for the idea. This was what made us go all in with VA.”
Launched in 2016 by Shivalik Sen, Arun Gandhi, Nikhil Tavora and Someshwar Dash, Vahanalytics aims to make drivers and roads better through smarter data and machine learning.
The platform captures real-time data about driving habits and road conditions using smartphones, which is then processed and refined by leveraging the power of Big Data in order to extract useful insights.
Earlier this month, the founders sold their brand “Driven” to DriversKart in order to focus fully on Vahanalytics.