Intents Mobi Raises Rs 1.5 Cr In Bridge Funding Round

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Intents Mobi, a Gurgaon-based geospatial intelligence startup, has raised USD 181,775 (around Rs 1.5 crore) in an extended bridge funding round from The BarberShop with Shantanu.

Founded by Tabrez Alam, Naresh Kumar Kachhi, Balasubramaniam S and Prakash Velusamy in 2020, Intents Mobi is a community-driven navigation platform offering real-time road condition alerts.

The company will use the funds for growth and expansion and plans to majorly invest in two areas, mainly data and solutions. The company also expects to launch two new products that are aimed at making location intelligence accessible to market research and fleet management companies.

In 2021, Intents Mobi raised USD 600,000 in a seed funding round from Auxano Capital, Globevestor, Artha99 and DevX Venture Fund. In 2022, the company secured USD 1 million in a bridge round from DevX Venture Fund, Unnati Labs and others.  



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