NeoGeoInfo Raises $20M Series A to Expand Geospatial Intelligence Platform Globally

NeoGeoInfo Technologies, an Indian provider of integrated spatial intelligence solutions, has raised $20 million in a Series A round co-led by Neev II Fund, managed by SBI Ventures, a wholly owned subsidiary of the State Bank of India, and Aavishkaar Capital. The raise will fund international expansion into the Middle East and the Americas, as well as continued R&D investment in the company's platform and product portfolio.

What NeoGeoInfo Builds

Founded in 2019, NeoGeoInfo builds geospatial software for government agencies and large corporates managing natural resources, disaster response, urban infrastructure, utilities and smart city deployments. The company's platform ingests satellite and sensor data and converts it into actionable spatial intelligence for decision-makers managing physical assets at scale. India's geospatial sector is estimated at Rs 45,000 crore (approximately $5.1 billion) and is projected to grow at over 15% CAGR through 2030, driven by government mandates for digital infrastructure management and private sector demand for climate-resilient asset planning.

Investor Signals

The SBI Ventures backing through the Neev II Fund signals confidence from a state-linked institution, a meaningful signal in a sector where government procurement represents a large share of addressable revenue. Aavishkaar Capital, historically focused on impact-aligned enterprise investment, extends the company's investor mix toward mission-driven capital. The co-lead structure between a state bank subsidiary and an impact-aligned fund is unusual and reflects the dual mandate of a company serving both government and private clients.

What This Means for Founders

NeoGeoInfo's raise illustrates that deep tech with a government procurement angle remains highly fundable in India, particularly when the market has clear regulatory tailwinds and the team has a multi-year track record of enterprise execution. India-based founders in B2G and enterprise tech can explore active investors on AngelLinx.

Find investors backing Indian deeptech startups @ angellinx.ai/register.

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