Bengaluru-based Trak N Tell, which provides car safety solutions, has raised $5 million (Rs 34.51 crore at the current exchange rate) in a fresh funding infusion from WhatsApp cofounder Brian Acton, an existing investor.
Bits n Bytes Soft, which operates Trak N Tell, was founded in 2007 by Pranshu Kumar Gupta. The company provides telematics systems that synchronise vehicular intelligence data to reproduce predictive insights on global positioning system (GPS), recover stolen vehicles, predict engine failures and other services. The company’s solutions have been designed to cater to both individuals as well as car fleet owners.
Its flagship product for individual car owners, Intelli7, is a GPS-based unit that enables car owners to track vehicles and even immobilise them in case of a theft. Intellifleet, the product-level counterpart for fleet owners, offers the same solutions for fleet and convoy owners.
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