Cautio to acquire Nikhil Kamath WTFund-backed Bytes

Bengaluru-based visual telematics startup Cautio is set to acquire Bytes, an AI-powered two-wheeler safety technology startup backed by Nikhil Kamath’s WTFund, two sources aware of the development told Entrackr.

According to sources, the transaction will be a 100 percent acquisition, with Cautio buying out Bytes entirely. “The terms of the deal have been sealed and, if nothing changes at the last moment, the transaction could be completed in the next two to three weeks,” said one of the sources, requesting anonymity as details are yet to be…