Urban traffic mgmt solutions provider Nayan Tech raises $2-M from Beenext, others

Delhi-based Nayan Tech has raised USD 2 million in its pre-Series A round led by Beenext, We Founder Circle, Venture Catalysts, Let's Venture, and Faad Capital.Founded by Jayant Ratti, the startup provides smart city solutions for traffic monitoring, municipal automation, urban infrastructure management, driver behaviour monitoring, fleet management, and passenger safety.It will use the funds to expand Nayan’s solutions business and operations in India and globally.