Bengaluru: Location analytics startup Locale.ai has raised pre-seed funding in a round led by early stage venture firm Better Capital.
Angel investors such as Myntra co-founder Raveen Sastry and Fusion Charts co-founder Pallav Nadhani also participated in this round.
The company did not disclose the amount raised. However, according to a person aware of the deal, Locale.ai raised between $100,000 and $300,000 in this round.
Founded in 2019, Locale.ai is working with mobility and delivery companies in the US, France, Argentina and India. The company said in a statement that the funds will be used to scale and expand globally, primarily in the US.