AI-driven startup Nayan Tech, known for its smart city solutions like municipal automation, fleet management, and passenger safety, has raised $2 million in Pre-Series A funding. The round was led by BEENEXT, alongside We Founder Circle, Venture Catalysts, Lets Venture, and FAAD Capital.
With the newly acquired funds Nayan Tech intends to broaden its AI-powered solutions and expand its operations to more Indian cities and international markets, including the US, Southeast Asia, and UAE.
The company has begun manufacturing AI-powered dashcams designed for all vehicle types, providing real-time updates on driver behavior, passenger safety, road and urban infrastructure, traffic violations, and fleet management.
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