Driverless car startup raises ₹1,000 cr from GM, BMW, others

US self-driving car technology startup Nauto on Tuesday said it had closed a $159 million (over ₹1,000 crore) Series B funding round, led by Softbank and Greylock Partners. Nauto's previous investors like General Motors Ventures, BMW i Ventures, and Toyota AI Ventures also participated in the round. The startup is developing algorithms to enable cars to drive autonomously.