Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Business funding round

NeoGeo raises $20M Series A

Analysis based on 7 articles · First reported Aug 18, 2026 · Last updated Aug 19, 2026

Sentiment
30
Attention
2
Articles
7
Market Impact
General
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The funding signals investor confidence in India's geospatial sector, which is projected to grow at over 15% CAGR. Neo Geo's expansion into international markets could increase competition and drive innovation in the global geospatial intelligence market.

Geospatial technology Venture capital Software

Neo Geo, a Gurugram-based geospatial intelligence startup, raised $20 million in a Series A funding round co-led by Aavishkaar Capital and Neev II Fund. The round will support international expansion into Europe, the US, the Middle East, and the Americas, as well as investment in R&D and the development of scalable software platforms. Neo Geo provides mapping and location-intelligence solutions to governments and businesses, covering urban governance, infrastructure, utilities, natural resource management, and disaster response. The company has completed over 200 projects, mapped more than 500,000 square kilometers, and manages over 550 CORS stations. The funding will also help Neo Geo transition from a systems integrator to a platform-based business model.

100 Neo Geo raised
90 Neev II Fund invested Neo Geo
70 Neo Geo plans to expand
40 Neo Geo worked with Trimble Inc.
priv
Neo Geo is the primary beneficiary, receiving $20M to expand internationally and develop scalable software platforms, enhancing its growth prospects.
Importance 100.0 Sentiment 80.0
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Aavishkaar Capital co-led the round, investing around ₹75 crore, strengthening its portfolio in geospatial technology.
Importance 80.0 Sentiment 60.0
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Neev II Fund co-led the round, aligning with its focus on sustainability and resource efficiency.
Importance 80.0 Sentiment 60.0
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Sreeramam GV is the founder and CEO of Neo Geo, leading the company's strategic direction.
Importance 60.0 Sentiment 50.0
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SBI Investment manages Neev II Fund, indirectly participating in the investment.
Importance 50.0 Sentiment 40.0
per
Brahmam Gorugantu is co-founder and director of strategy, involved in expansion plans.
Importance 50.0 Sentiment 40.0
cnt
India is Neo Geo's home market, benefiting from the company's growth and the sector's expansion.
Importance 40.0 Sentiment 30.0
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The US is a target market for Neo Geo's expansion, though secondary priority.
Importance 30.0 Sentiment 20.0
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State Bank of India is the parent of SBI Investment, indirectly involved through its subsidiary.
Importance 30.0 Sentiment 30.0
loc
Europe is a key expansion target, driven by telecom infrastructure upgrades.
Importance 30.0 Sentiment 20.0
loc
The Middle East is an existing market for Neo Geo, with plans for further expansion.
Importance 30.0 Sentiment 20.0
stock
Meritz Securities acted as exclusive financial adviser for the transaction.
Importance 20.0 Sentiment 20.0
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Trimble Inc. collaborated with Neo Geo on establishing CORS stations, a minor role in this event.
Importance 20.0 Sentiment 20.0
govactor
India — Survey of India partnered with Neo Geo on CORS network, a minor role.
Importance 20.0 Sentiment 20.0
loc
The Americas are mentioned as a target region for expansion.
Importance 20.0 Sentiment 10.0
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