UK startup founded by Indian innovator to revolutionize car ownership

In a remarkable stride towards transforming car ownership, UK-based startup Caura has secured an impressive £4 million investment from Lloyds Banking Group. Founded by Indian innovator Dr. Sai Lakshmi, the Caura app reimagines the driving experience by eradicating the hassles associated with owning a vehicle.

Simplified Driving with the Caura App

The Caura app, available for both iOS and Android, is a revolutionary solution that streamlines car ownership. With a keen focus on the UK’s 30 million motorists, the app consolidates numerous tasks that drivers often handle across 8 to 10 different apps and websites. Its primary aim is to make driving-related payments timely and hassle-free, preventing unnecessary fines and ensuring a seamless experience.


Beyond payments, Caura takes a comprehensive approach to managing car ownership. The app provides drivers with essential information and timely reminders to keep them compliant with various vehicle-related tasks. From managing car insurance and vehicle tax to handling tolls and city charges, Caura simplifies every aspect of maintaining a vehicle.

Empowering the Future of Car Ownership

Dr. Sai Lakshmi, CEO and Founder of Caura, envisions a future where vehicle ownership is marked by simplicity and innovation. He explains that the app’s next phase involves revolutionizing car insurance and maintenance processes, which have long been resistant to change.


Lloyds Banking Group’s Strategic Investment

The investment from Lloyds Banking Group represents a significant milestone in Caura’s journey. Kirsty Rutter, FinTech Investment Director at Lloyds Banking Group, commended Caura’s customer-centric approach and expressed excitement about supporting the growth of this transformative app. This partnership aligns with Lloyds Banking Group’s commitment to fostering innovation within the financial technology landscape.


A Shared Vision for Innovation

Dr. Sai Lakshmi highlights the exciting cross-pollination of ideas between Caura and Lloyds Banking Group, emphasizing the potential to deliver groundbreaking products and services. This collaboration promises to introduce innovative solutions ranging from drivers to vehicle manufacturers, ensuring a dynamic impact on the market.


Caura’s success story underlines the global nature of innovation, with an Indian founder leading a UK-based startup to reimagine car ownership. As the driving landscape continues to evolve, Caura’s journey is poised to leave an indelible mark on the future of mobility.

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Dr. Kirti Sisodhia

Content Writer

CATEGORIES Business Agriculture Technology Environment Health Education

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