Auto · India, India

Best Auto Companies in India

Updated 2026-06-16 · Ranked by funding & momentum

3200 indexable Auto companies headquartered in India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $8.9B across 223 funded companies, including 7 unicorns.

3,200
Companies
$8.9B
Total Funding
223
Funded
7
Unicorns
2
Rounds (90d)

Ranked: Best Auto companies in India

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Spinny Unicorn
Online retailer of inspected used vehicles with service and financing
$520.4M $1.6B
as of 2023
Series G Series G Dec 2025 4,430 2015 ↑ Active
2 ACKO Unicorn
Provider of car, bike, health, life, and travel insurance policies
$597.7M $1.4B
as of 2023
Series E Series E Jul 2025 1,209 2016 ↑ Active
3 Vertelo
Provider of electric vehicle fleet leasing, financing, and charging infrastructure services
$405M Series D Series D Aug 2025 14 2024 ↑ Active
4 Ninety One
Online retailer of bicycles, electric cycles, scooters, ride-ons, and accessories
$36.3M $199M
as of 2024
Series A Series A Feb 2026 128 2015 ↑ Active
5 Fortuna Engineering
Manufacturer and supplier of connecting rods to OEMs
$13.6M Early Stage Unattributed Apr 2026 750 1993 ↑ Active
6 Droom Unicorn
Online retailer of used and new automobiles, plus related services
$341.3M $1.2B
as of 2021
Series G Series G Mar 2025 201 2014 ↑ Active
7 Turno
Operator of an online electric vehicle marketplace
$23.3M $70.5M
as of 2024
Series A Series A Dec 2025 202 2021 ↑ Active
8 Ramkrishna Forgings
Supplier of forged, machined, and fabricated products to automotive & railways industries
$37.3M Public Post IPO Oct 2025 2,502 1981 ↑ Active
9 TIEA
Manufacturer of electrical and electronic connectors for demanding, mission-critical applications
$1.4M $8.3M
as of 2024
Series A Series A May 2026 43 2019 ↑ Active
10 TractorJunction
Online retailer of new and used tractors and farm equipment
$8.9M $40.2M
as of 2023
Series A Series A Nov 2025 92 2017 ↑ Active
11 Indigrid Technology
Platform offering electric vehicle powertrain products and electronic design manufacturing services
$5.9M $44.4M
as of 2024
Series A Series A Jan 2026 84 2017 ↑ Active
12 Mechanic Pro
App based aggregator of repair service provider
$345M Seed Seed Sep 2024 2023 ↑ Active
13 RevFin
Digital lending platform providing loans for electric vehicle drivers
$30.7M $41.1M
as of 2024
Series B Series B May 2025 112 2018 ↑ Active
14 Sona Comstar
Provider of design & development of electrical powertrain systems for automotive applications
$285.8M Public Post IPO Sep 2024 1,457 1995 ↑ Active
15 Dhoot Transmission
Manufacturer of wiring harness, electronic sensors, and controllers
$110.7M Late Stage PE Jan 2025 375 1999 ↑ Active
16 WheelsEMI
Provider of two wheeler loans
$63.7M $100.4M
as of 2022
Series D Series D Feb 2025 2,221 2017 ↑ Active
17 SEDEMAC
Manufacturer of motor vehicle parts
$25.8M $260.2M
as of 2024
Public Series B Apr 2025 424 2007 ↑ Active
18 Padmini VNA Mechatronics
Manufacturer of automotive components
$3.3M $20.2M
as of 2009
Late Stage Unattributed Dec 2025 494 1991 ↑ Active
19 CarDekho Unicorn
App based platform offering car buying, selling, and comparison services
$60M $1.2B
as of 2021
Series C Series C Dec 2024 2,279 2008 ↑ Active
20 TSUYO
Platform offering motors for multi-category electric-three wheelers
$4.5M Seed Seed Oct 2025 28 2020 ↑ Active
21 Bike Bazaar
Online platform for buying and selling two-wheelers
$80.9M Series D Conventional Debt Jul 2024 2,276 2017 ↑ Active
22 A-THON
Manufacturer of all-terrain autonomous utility vehicles, specializing in rugged off-road mobility solutions
$4.6M Series A Series A Sep 2025 2022 ↑ Active
23 MG Motor India
Manufacturer of passenger vehicles and electric cars
$430.7M Late Stage Unattributed Feb 2024 336 2017
24 RSB
Manufacturer of aggregates and systems related to commercial vehicles and passenger cars
$38.1M Late Stage PE Oct 2024 1,090 1973 ↑ Active
25 VidyutTech
Provider of platform offering electric vehicles financing
$15.1M $17.7M
as of 2024
Series A Series A Jan 2025 119 2021 ↑ Active
26 Capgrid
Provider of design-to-deliver services for precision parts and components
$9M $25.6M
as of 2024
Series A Series A Feb 2025 133 2020 ↑ Active
27 C Electric
Developer of powertrain for electric two and three-wheelers
$710.7K $3.5M
as of 2022
Seed Seed Dec 2025 36 2018 ↑ Active
28 Matter Energy
Provider of mobility, stationary, and customized products for energy storage
$52.7M $204.2M
as of 2024
Unfunded Jul 2024 522 2019 ↑ Active
29 RoamPrime
Tech enabled full stack platform for refurbished two wheelers
$319.7K Seed Seed Mar 2026 2023 ↑ Active
30 Cars24 Unicorn
Retailer of used vehicles, new vehicle information, loans, and related services
$1.4B $3.2B
as of 2022
Series G Series G Dec 2021 2,473 2015
31 Alt Mobility
Provider of electric vehicle leasing and lifecycle management solutions
$6.4M $11.9M
as of 2024
Series A Series A Mar 2025 30 2020 ↑ Active
32 Autodukan
Provider of car washing, battery, and wind shield cleaning products
$1.5M Seed Seed Sep 2025 28 2017 ↑ Active
33 91trucks
Online listing platform for commercial vehicles
$5.9M Series A Series A Apr 2025 79 2022 ↑ Active
34 Log9
Online platform offering advanced battery technology solutions for electric vehicles
$90M $227.8M
as of 2023
Series B Angel May 2024 235 2015
35 Citroen
Manufacture of luxury SUV cars
$240.8M Series D Series D Jan 2024 421 2019
36 POSHS metal industries
Processor of hot rolled and cold rolled steel coils and sheets
$5M Early Stage Unattributed Apr 2025 1998 ↑ Active
37 TEC
Manufacturer of automotive press tools and components
$2.9M Seed Seed Jun 2025 211 2017 ↑ Active
38 Stride Green
Provider of a platform for asset leasing, finance and management
$3.5M Seed Seed May 2025 2024 ↑ Active
39 QuickInsure
Provider of platform to compare and buy insurance policies online
$2.1M $28.4M
as of 2023
Series A Angel May 2025 188 2016 ↑ Active
40 ElectricPe
Retailer of electric vehicles, charging solutions, and related accessories
$11.4M $52.1M
as of 2024
Seed Seed Jul 2024 98 2021 ↑ Active
41 Hoora
Provider of mobile vehicle cleaning repair and insurance brokerage services
$1.5M Seed Seed Jun 2025 2019 ↑ Active
42 Vutto
Platform offering a digital marketplace for buying and selling pre-owned two-wheelers
$841.2K $7.3M
as of 2024
Series A Series A Aug 2025 19 2024 ↑ Active
43 Clean Electric
Manufacturer of battery technology for energy storage and electric vehicles
$8.4M $21.4M
as of 2024
Series A Series A Aug 2024 30 2016 ↑ Active
44 Urja Mobility
Platform offering battery leasing solutions for electric vehicles
$11.9M $1.2M
as of 2024
Seed Conventional Debt Aug 2024 2023 ↑ Active
45 GoMechanic
Provider of car service and repair network
$68M $30M
as of 2023
Acquired Venture Debt Nov 2023 195 2016
46 TyrePlex
Online retailer of tyres for cars, bikes, and commercial vehicles
$1.9M $10.4M
as of 2022
Seed Seed Mar 2025 47 2020 ↑ Active
47 CredR
Online marketplace for second-hand bikes
$42.1M $29.3M
as of 2024
Series B Series B Feb 2024 66 2015
48 Mahindra Last Mile Mobility
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles
$56.1M Series C Series C Jan 2024 17,286 1994
49 Hinduja Tech
Provider of mobility engineering and digital solutions for automotive industry
$50M Late Stage PE Mar 2024 1,678 2009
50 Torus Robotics
Developer of Unmanned ground vehicles
$470K $2.9M
as of 2023
Seed Seed Aug 2025 2019 ↑ Active

Top 12 Auto companies in India

#1
Spinny Unicorn Series G
$520.4M Raised
expand_more
#1

Spinny Unicorn Series G

location_onGurugram, Haryana
Founded
2015
Employees
4,430
Funding raised
$520.4M
Valuation
$1.6B · 2023
Stage
Series G

Online retailer of inspected used vehicles with service and financing. The business provides vehicle sales with options for home test drives and delivery. It offers vehicle service plans and facilitates financing through partner lenders. The business provides a platform for individuals to sell vehicles.

Funding rounds (14 disclosed of 15)
Round Date Amount
Series G Dec 2025 $90M
Series F Sep 2025 $581.4K
Series F Mar 2025 $129.7M
Angel Nov 2024 $665.9K
Angel Sep 2023 $601.5K
Angel Sep 2022 $517.7K
9 earlier rounds — sign up free
Tech stack
cloudflarecloudflare bot managementcore-jsenvoygoogle analyticsgoogle workspace+9
#2
ACKO Unicorn Series E
$597.7M Raised
expand_more
#2

ACKO Unicorn Series E

location_onBengaluru, Karnataka
Founded
2016
Employees
1,209
Funding raised
$597.7M
Valuation
$1.4B · 2023
Stage
Series E

Provider of car, bike, health, life, and travel insurance policies. It offers various insurance options, including motor, health, life, and travel coverage. The company provides services such as policy renewals, claims filing, and tracking. Additional offerings include car services, used car sales, and facilitating ABHA card creation.

Funding rounds (10 disclosed of 11)
Round Date Amount
Series E Jul 2025 Undisclosed
Series E May 2023 $136.8M
Series D Oct 2021 $255M
Series D Mar 2021 $2.3M
Series D Jun 2020 $60M
Series C Nov 2019 $36M
5 earlier rounds — sign up free
Tech stack
apple icloud mailbootstrapcloudflarecloudflare bot managementcloudflare browser insightscontentful+14
#3
Vertelo Series D
$405M Raised
expand_more
#3

Vertelo Series D

location_onMumbai, Maharashtra
Founded
2024
Employees
14
Funding raised
$405M
Stage
Series D

Provider of electric vehicle fleet leasing, financing, and charging infrastructure services. Services include the provision of electric mobility solutions designed to facilitate fleet electrification. Operations encompass the management of charging infrastructure and energy supply, alongside support for vehicle technology performance and fleet digitisation. The business also manages the end of vehicle life processes.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series D Aug 2025 $405M
Founders & key people
Tech stack
angularcart functionalitycore-jsgoogle analyticsgoogle font apihsts+10
#4
Ninety One Series A
$36.3M Raised
expand_more
#4

Ninety One Series A

location_onAhmedabad, Gujarat
Founded
2015
Employees
128
Funding raised
$36.3M
Valuation
$199M · 2024
Stage
Series A

Online retailer of bicycles, electric cycles, scooters, ride-ons, and accessories. The company provides various bicycle types, including mountain, road, and hybrid bikes. It also offers electric scooters and ride-on toys for children. Additionally, the company sells fitness equipment such as treadmills, ellipticals, and spin bikes.

Funding rounds (8 disclosed of 9)
Round Date Amount
Series A Feb 2026 $2.5M
Series A May 2025 $3.7M
Series A Mar 2024 Undisclosed
Series A Oct 2021 $30M
Conventional Debt Aug 2021 $2.9M
Series A Jan 2020 $2.5M
3 earlier rounds — sign up free
Tech stack
amazon albamazon web servicescart functionalitycloudflarecloudflare browser insightscodeigniter+12
#5
Fortuna Engineering Early Stage
$13.6M Raised
expand_more
#5

Fortuna Engineering Early Stage

location_onNashik, Maharashtra
Founded
1993
Employees
750
Funding raised
$13.6M
Stage
Early Stage

Fortuna Engineering (Nasik) is a manufacturer and supplier of connecting rods to OEMs. Manufactures connecting rods, camshafts for automobiles. Clientele includes major domestic and intenational OEMs like Mahindra & Mahindra Ltd.( Automotive & Tractor Division), Tata Motors Car Division, Tata Motors Commercial Vehicles Division, Kirloskar Oil Engines, Cummins India Ltd.

Funding rounds (1 disclosed of 1)
Round Date Amount
Unattributed Apr 2026 $13.6M
Founders & key people
Tech stack
bootstrapgoogle font apigoogle mapsgoogle workspaceiisjquery+12
#6
Droom Unicorn Series G
$341.3M Raised
expand_more
#6

Droom Unicorn Series G

location_onGurugram, Haryana
Founded
2014
Employees
201
Funding raised
$341.3M
Valuation
$1.2B · 2021
Stage
Series G

Online retailer of used and new automobiles, plus related services. It provides a platform for individuals to buy, sell, exchange, finance, insure, inspect, and certify vehicles. The platform offers a selection of automobiles across multiple categories. It facilitates vehicle inspection and certification for condition, pricing, and history. The company provides loans, warranty, and vehicle delivery services.

Funding rounds (10 disclosed of 10)
Round Date Amount
Series G Mar 2025 $3M
Series G Jul 2021 $200M
Series F Jun 2019 $10M
Series E Oct 2018 $30M
Series D May 2018 $30M
Series C Jul 2017 $20M
4 earlier rounds — sign up free
Tech stack
alexa certified site metricsall in one seoamazon advertisingamazon cloudfrontamazon web servicesappnexus+14
#7
Turno Series A
$23.3M Raised
expand_more
#7

Turno Series A

location_onBengaluru, Karnataka
Founded
2021
Employees
202
Funding raised
$23.3M
Valuation
$70.5M · 2024
Stage
Series A

Operator of an online electric vehicle marketplace. The company facilitates the purchase of electric vehicles. It offers a platform for comparing different models, accessing financing options, and arranging test drives.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series A Dec 2025 $5.5M
Series A Jul 2024 $291.7K
Series A Apr 2024 $6M
Series A Jun 2023 $412.5K
Series A Dec 2022 $13.8M
Seed Feb 2022 $3.1M
Tech stack
amplitudecore-jsemotionfacebook pixelgoogle analyticsgoogle tag manager+14
#8
$37.3M Raised
expand_more
#8

Ramkrishna Forgings Public

location_onKolkata, West Bengal
Founded
1981
Employees
2,502
Funding raised
$37.3M
Stage
Public

Supplier of forged, machined, and fabricated products to automotive & railways industries. It provides machined components and gear products to cater to the needs of the automotive sector. It also provides product design, research, and product lifecycle management services.

Funding rounds (3 disclosed of 3)
Round Date Amount
Post IPO Oct 2025 $23.1M
Post IPO Feb 2013 $9.2M
Post IPO Dec 2012 $5M
Tech stack
apache http serverbootstrapcontact form 7elementorfancyboxfont awesome+14
#9
TIEA Series A
$1.4M Raised
expand_more
#9

TIEA Series A

location_onBengaluru, Karnataka
Founded
2019
Employees
43
Funding raised
$1.4M
Valuation
$8.3M · 2024
Stage
Series A

Manufacturer of electrical and electronic connectors for demanding, mission-critical applications. The company offers a complete portfolio of electrical and electronic connector solutions, engineered from prototype to mass production for EV, automotive, aerospace, defense, and industrial applications.

Funding rounds (4 disclosed of 4)
Round Date Amount
Seed May 2025 $2.6M
Seed Feb 2024 $384.9K
Seed Oct 2022 $684.6K
Angel Nov 2021 $355.6K
Tech stack
apache http serverastrabetterdocsbetterdocs pluginclipboard.jscloudflare+14
#10
TractorJunction Series A
$8.9M Raised
expand_more
#10

TractorJunction Series A

location_onAlwar, Rajasthan
Founded
2017
Employees
92
Funding raised
$8.9M
Valuation
$40.2M · 2023
Stage
Series A

Online retailer of new and used tractors and farm equipment. It provides a platform for buying and selling tractors, implements, and harvesters. The website offers options for comparing different tractor models. It also provides information regarding loans and related news.

Funding rounds (6 disclosed of 6)
Round Date Amount
Conventional Debt Nov 2025 $5.5M
Series A Nov 2025 $17M
Series A Sep 2023 $3M
Seed Apr 2022 $5.7M
Seed Mar 2021 $69.3K
Seed Dec 2019 $196.8K
Tech stack
amazon s3amazon sesamazon web servicesbootstrapcart functionalitycdnjs+14
#11
$5.9M Raised
expand_more
#11

Indigrid Technology Series A

location_onGurugram, Haryana
Founded
2017
Employees
84
Funding raised
$5.9M
Valuation
$44.4M · 2024
Stage
Series A

Platform offering electric vehicle powertrain products and electronic design manufacturing services. It offers solutions for electric mobility, encompassing advanced battery packs and charging infrastructure. The company also provides electronic design and manufacturing services (ESDM). Its focus is on delivering reliable, efficient, and sustainable solutions for the electric vehicle ecosystem. The services are desig

Funding rounds (4 disclosed of 4)
Round Date Amount
Series A Jan 2026 $4.4M
Series A Mar 2025 $4.1M
Series A May 2024 $5M
Angel Jun 2022 $385.9K
Tech stack
aosapache http serverbootstrapfont awesomegodaddygoogle maps+4
#12
$345M Raised
expand_more
#12

Mechanic Pro Seed

location_onIndia
Founded
2023
Funding raised
$345M
Stage
Seed

App based aggregator of repair service provider. The platform provides a list of service providers. It connects vehicle owners with mechanics to repair the vehicles. The platform enables users to request a service via the app, and the mechanics collect the vehicle from the location to service it in real time. The application is available on app store and play store.

Funding rounds
Round Date Amount
Seed Sep 2024 Undisclosed

Recent signals in India Auto

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Funding & investor landscape

Total raised
$8.9B
across these companies
Companies funded
223
with disclosed funding
Highest-funded
$1.4B raised

Most active investors

L LetsVenture 10 investments in Auto AL Angel List 8 investments in Auto TC Trifecta Capital 8 investments in Auto AC Alteria Capital 7 investments in Auto I IFC 7 investments in Auto IC Innoven Capital 7 investments in Auto BC Brand Capital 6 investments in Auto C ChrysCapital 6 investments in Auto I Innoeversity 6 investments in Auto PC Phi Capital 6 investments in Auto W Wellfound 6 investments in Auto AV Analah Ventures 5 investments in Auto

Notable founders in India Auto

RM Ramanshu Mahaur Co-Founder & CTO Spinny · $520.4M raised
MG Mohit Gupta Co-Founder Spinny · $520.4M raised
NS Niraj Singh Founder & CEO Spinny · $520.4M raised
AK Amit Kakkar CEO - VAS Spinny Spinny · $520.4M raised
RD Ruchi Deepak Co-Founder ACKO · $597.7M raised
VR Vishwanath Ram Co-Founder ACKO · $597.7M raised
VD Varun Dua Co-Founder & Co-CEO ACKO · $597.7M raised
AD Animesh Das Co-CEO & MD ACKO · $597.7M raised
SG Sandeep Gambhir CEO Vertelo · $405M raised
VC Vishal Chopra Co-Founder & Managing Director Ninety One · $36.3M raised
SC Sachin Chopra Co-Founder & CEO Ninety One · $36.3M raised
SN Suriya Narayanan CEO Fortuna Engineering · $13.6M raised

Frequently asked questions

How many Auto companies are there in India?
Radar tracks 3200 indexable Auto companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Auto companies in India?
The Auto companies in India on this list have raised a combined $8.9B in disclosed equity funding across 223 funded companies.
Which is the highest-funded Auto company in India?
Cars24 is the highest-funded Auto company in India, with $1.4B in disclosed equity funding.
How many Auto companies in India are funded?
223 of the 3200 Auto companies in India on this list have disclosed at least one equity funding round.
How many Auto unicorns are there in India?
7 Auto companies in India on this list are valued at $1B or more.
Who are the top investors in India Auto companies?
The most active investors in India Auto companies on this list include LetsVenture, Angel List, Trifecta Capital, Alteria Capital, IFC.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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