Geospatial startup NeoGeo raises $20M from Neev II Fund and Aavishkaar Capital
NeoGeo said it will primarily use this funding towards R&D, marketing, and hiring.
NeoGeoInfo Technologies (NeoGeo), a geospatial technology startup, has raised $20 million in a Series A round of funding led by Neev II Fund and Aavishkaar Capital, the investment arm of Aavishkaar Group.
NeoGeo said it will use this funding to deepen its platform and product portfolio through investment in R&D and technical capabilities, expand into international markets across the Middle East and the Americas, and strengthen its team to serve a growing pipeline of large, technically complex projects.
The Gurugram-headquartered startup was founded in 2019 by Sreeramam and Brahmam and provides integrated spatial intelligence solutions to government and corporate clients across natural resource management, disaster management, urban governance, utilities, infrastructure, and smart cities.
NeoGeo Founder & CEO Sreeramam G V said, “We have invested nearly a decade building end-to-end geospatial capabilities - from precision positioning infrastructure and enterprise geospatial platforms to AI-powered intelligence systems - driven by a clear belief that the true value of geospatial technology lies not in data collection, but in transforming data into actionable intelligence.”
NeoGeo operates across the full geospatial value chain from data acquisition using satellite imagery, LiDAR, drones, and ground surveys, to data processing, AI/ML-driven analytics, and creation of tech-enabled industry-specific software platforms. The Company has built a portfolio of proprietary platforms including OptiFleet (fleet and network optimisation), GeoBalance (natural resource management), UrbanVista (urban planning and smart city visualisation), and InfraSync (infrastructure asset management).
By optimising spatial planning, NeoGeo drives climate mitigation through measurable resource efficiency and carbon abatement, while simultaneously enabling climate-resilient development and adaptation through proactive hazard and vulnerability mapping.
Anurag Agrawal, Partner at Aavishkaar Capital said, “Fragmented, paper-based records of land and public assets, often suffer from inaccuracy and do not reflect ground realities. NeoGeo converts those records into a single, high-precision spatial reference frame, thereby reducing disputes, improving transparency and unlocking financial inclusion, climate resilience and public governance at scale.”