- NeoGeo has successfully raised $20 million from SBI’s Neev II Fund and Aavishkaar Capital.
- Sreeramam G V, Founder & CEO of NeoGeo, stated, “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.”
- Anurag Agrawal, Partner at Aavishkaar Capital, mentioned, “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.”
NeoGeoInfo Technologies has raised $20 million in Series A funding, led by SBI’s Neev II Fund and Aavishkaar Capital. The funds will enhance NeoGeo's R&D and technical capabilities, allowing for expansion into international markets, particularly in the Middle East and the Americas.1
CEO Sreeramam G V stated, “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.”2
The startup aims to address issues with fragmented, paper-based records of land and public assets, which often suffer from inaccuracies. Anurag Agrawal, Partner at Aavishkaar Capital, noted that NeoGeo converts these records into a single, high-precision spatial reference frame, which can reduce disputes and improve transparency. This transformation is expected to unlock financial inclusion, enhance climate resilience, and improve public governance at scale.3
With this funding, NeoGeo is poised to tackle a growing pipeline of large, technically complex projects, further solidifying its position in the geospatial technology landscape.
“NeoGeo plans to utilize the funding to enhance its platform and product portfolio through R&D, expand into international markets in the Middle East and Americas, and strengthen its team for complex projects. Anurag Agrawal from Aavishkaar Capital noted that NeoGeo's technology improves transparency and reduces disputes by converting inaccurate land records into high-precision spatial references.”
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