Location-tech firm Locale.ai raises $1.3 mn from Chiratae, Better Capital

Location-based analytics firm Locale.ai on Thursday said it raised $1.3 million in a seed round from Chiratae Ventures (formerly IDG Ventures) and San Francisco-based Better Capital. Multiple angels participated in the round including Manik Gupta, former chief product officer, Uber; Khadim Batti, chief executive, Whatfix; Krish Subramanian, chief executive, Chargebee; Vivekananda HR, chief executive, Bounce; and Praveen Jadav, former chief executive of Paytm Money.

Locale.ai works with customers like Bounce, Dunzo and Omni, a Costa Rican taxi firm, to deliver insights and analytics on their location data. The start-up was founded in March 2019 by Aditi Sinha and Rishabh Jain