Radar · Auto in Maharashtra
Best Auto Companies in Maharashtra, India
The 690 best Auto companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vertelo.
By Riya SenguptaFinancials
690companies tracked
$2.3Bdisclosed funding
1unicorns
66have raised
FLIAR INTELLIGENCE · AUTO × MAHARASHTRA
Our analysis of 50 Auto companies
$5.6b in tracked funding; 72% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
72%cloud-native stacks
2024funding peak (by rounds)
5unicorns
2017median founding year
665kcombined LinkedIn audience
42%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Auto companies in Maharashtra
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Mahindra Last Mile Mobility Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo… 78Fin. health top 16%Market top 23%Funding top 30%News top 31% All 10 signals ▾Fin. healthtop 16% Markettop 23% Fundingtop 30% Newstop 31% Moattop 34% Growthtop 35% Producttop 46% Talentbottom 49% Techbottom 44% Globalbottom 43% Fin. health: Revenue ~$19.1B (FY2018) · Net margin 7.9% Market: 17,286 employees (top 3% of Auto) · Revenue ~$19.1B rank vs industry peers · Fliar Intelligence Index 78/100 | $56M | $19.1B FY2025 | — | 17,286 | Suman Mishra CEO & Managing Director | PHPGoogle MapsCodeIgniter+15 | — |
| 2 | Bajaj Auto Finance Provider of auto finance services | $10M | $8.2B FY2025 | +27% | 56,968 | Rajeev Jain CEO | — | — |
| 3 | Endurance Technologies Automotive components manufacturer specializing in aluminum die-casting, suspension, transmission, and… | $104M | $1.4B FY2025 | +13% | 4,070 4,070 → 5,013 (+23%) · sector median +30% | Anurang Jain Founder | — | 1 expansion |
| 4 | Varroc Manufacturer of automotive components | $50M | $967M FY2025 | +8% | 350 | — | PHPLaravelBootstrap+14 | — |
| 5 | Alliance Tire Group Manufactures tyres for off-highway and commercial vehicles | $10M | $692M FY2025 | +6% | 3,084 3,084 → 2,648 (-14%) · sector median +30% | Nitin Mantri CEO | — | 1 launch |
| 6 | Dhoot Transmission Manufacturer of wiring harness, electronic sensors, and controllers 76Innovation top 20%Product top 22%Funding top 24%News top 24% All 11 signals ▾Innovationtop 20% Producttop 22% Fundingtop 24% Newstop 24% Fin. healthtop 31% Markettop 35% Growthtop 35% Moattop 35% Talentbottom 49% Techbottom 45% Globalbottom 37% Innovation: 8 product lines Product: 8 distinct product lines · Company stage: PE rank vs industry peers · Fliar Intelligence Index 76/100 | $111M | $350M FY2025 | +11% | 375 | Rahul Dhoot Founder & Owner & Managing Director | WordPressMySQLPHP+19 | 1 partnership · 2 awards |
| 7 | RSB Manufacturer of aggregates and systems related to commercial vehicles and passenger cars 72Moat top 14%Innovation top 20%Product top 22%Funding top 28% All 11 signals ▾Moattop 14% Innovationtop 20% Producttop 22% Fundingtop 28% Markettop 32% Talenttop 38% Fin. healthtop 42% Growthbottom 49% Techbottom 45% Globalbottom 43% Newsbottom 20% Moat: Top 3% by revenue among 1848 tracked Auto Components companies · Editorial + unicorn rating 7/10 Innovation: 6 product lines rank vs industry peers · Fliar Intelligence Index 72/100 | $38M | $342M FY2025 | -6% | 1,090 | S Behera Co-Founder | YouTubeBootstrapApache HTTP Server+15 | 1 launch |
| 8 | Ascenso Manufacturer of tyres | $66M | $190M FY2025 | +22% | 472 472 → 370 (-22%) · sector median +30% | Yogesh Mahansaria Co-Founder & Managing Director | WordPressMySQLPHP+22 | — |
| 9 | Aurangabad Electricals Manufacturer of aluminium die castings and auto electricals | $10M | $130M FY2019 | +31% | 834 | Manoj Menon Co-CEO | PHPBootstrapApache HTTP Server+2 | — |
| 10 | JK Maini Manufacturer of precision engineering components for automotive and aerospace industries | $21M | $113M FY2024 | +11% | 1,573 | Sandeep Maini Managing Director | Nginx | — |
| 11 | POSHS metal industries Processor of hot rolled and cold rolled steel coils and sheets 40Funding top 35%Market top 45%Fin. health top 50%Talent bottom 45% All 7 signals ▾Fundingtop 35% Markettop 45% Fin. healthtop 50% Talentbottom 45% Growthbottom 43% Globalbottom 33% Techbottom 18% Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Market: Revenue ~$107M · Top 16% by revenue among 372 tracked Metals and Alloys peers rank vs industry peers · Fliar Intelligence Index 40/100 | $5M | $107M FY2025 | -8% | — | Vikram Puri CEO | Windows ServerMediaElement.jsZURB Foundation+7 | — |
| 12 | PCL Manufactures camshaft for automobiles | $4M | $106M FY2025 | -16% | 375 | — | WordPressMySQLPHP+25 | — |
| 13 | CarTrade Tech Online marketplace for used cars | $328M | $84M FY2025 | +28% | 1,140 | Vinay Sanghi Founder & CEO & Managing Director | Cart FunctionalityGoogle MapsBootstrap+13 | 1 launch |
| 14 | CarTrade App-based used cars listing platform | $247M | $84M FY2025 | +28% | 1,247 | Vinay Sanghi Co-Founder | Cart FunctionalityFirebaseBootstrap+22 | — |
| 15 | CarWale Online listing platforms that facilitate the sale of second-hand cars | $10M | $84M FY2025 | +28% | 824 824 → 848 (+3%) · sector median +30% | Banwari Sharma CEO | FirebaseBootstrapSvelte+21 | — |
| 16 | CarTrade Exchange Operator of an online platform for vehicle auctions and listing services | $13M | $84M FY2025 | +28% | 1,061 | — | BootstrapVue.jsNginx+11 | — |
| 17 | Classic Stripes Provider of automotive graphics and integrated surface augmentation solution | $40M | $80M FY2025 | +41% | 447 | Kishore Musale Founder | — | — |
| 18 | Autoline Industries Manufacturer & supplier of sheet metal components to OEMs | $9M | $78M FY2025 | +1% | 891 | Vilas Lande Co-Founder | PHPBootstrapApache HTTP Server+1 | — |
| 19 | SEDEMAC Manufacturer of motor vehicle parts 72Product top 22%Funding top 24%Moat top 26%Talent top 28% All 11 signals ▾Producttop 22% Fundingtop 24% Moattop 26% Talenttop 28% Newstop 29% Fin. healthtop 29% Growthtop 34% Markettop 37% Customerstop 43% Globalbottom 39% Techbottom 38% Product: 2 published apps (266k installs) · Company stage: Public Funding: Raised $25.8M across 7 rounds · 7 rounds over 18 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $26M | $78M FY2025 | +24% | 424 | Amit Dixit Co-founder and CTO | Windows ServerMUIMicrosoft ASP.NET+11 | — |
| 20 | Sintex-BAPL Manufacturer and supplier of major auto components to OEMs | $186M | $72M FY2025 | -6% | 954 | Gagandeep Singh ex-CEO | — | — |
| 21 | Reliable Autotech Manufacturer and supplier of automotive sheet metal components | $4M | $56M FY2025 | -5% | 3,000 | Devendra Bapat Co-Founder | Wix eCommerceWixSentry+13 | — |
| 22 | Fortuna Engineering Manufacturer and supplier of connecting rods to OEMs 64Product top 18%Innovation top 20%Market top 35%Funding top 38% All 9 signals ▾Producttop 18% Innovationtop 20% Markettop 35% Fundingtop 38% Fin. healthtop 43% Growthbottom 49% Talentbottom 49% Globalbottom 36% Techbottom 28% Product: 5 distinct product lines Innovation: 5 product lines rank vs industry peers · Fliar Intelligence Index 64/100 | $14M | $39M FY2025 | -2% | 750 | Suriya Narayanan CEO | WordPressPleskMySQL+15 | — |
| 23 | Mahindra First Choice Retailer of certified, pre-owned vehicles, providing inspection, warranty, and finance options | $72M | $37M FY2025 | -59% | 650 | Anand Mahindra Founder | BootstrapMustacheApache HTTP Server+13 | — |
| 24 | WheelsEMI Provider of two wheeler loans 64Talent top 28%Market top 29%Funding top 30%Moat top 38% All 9 signals ▾Talenttop 28% Markettop 29% Fundingtop 30% Moattop 38% Growthtop 39% Fin. healthtop 50% Globalbottom 39% Newsbottom 27% Techbottom 15% Talent: 4 named leaders on record · 3 C-suite/founder profiles curated Market: 2,221 employees (top 3% of Fintech) · Revenue ~$36.0M rank vs industry peers · Fliar Intelligence Index 64/100 | $64M | $36M FY2025 | — | 2,221 | Srinivas Kantheti Co-Founder & Managing Director | — | — |
| 25 | Bike Bazaar Online platform for buying and selling two-wheelers 62Moat top 25%Funding top 29%Market top 31%Product top 36% All 10 signals ▾Moattop 25% Fundingtop 29% Markettop 31% Producttop 36% Growthtop 41% Fin. healthtop 48% Techbottom 49% Talentbottom 49% Globalbottom 37% Newsbottom 21% Moat: Top 17% by revenue among 616 tracked Consumer and SME Loans companies · Editorial + unicorn rating 8/10 Funding: Raised $80.9M across 7 rounds · 7 rounds over 6 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $81M | $36M FY2025 | +19% | 2,276 | Srinivas Kantheti Co-founder & Managing Director | PHPWindows ServerCodeIgniter+7 | — |
| 26 | Mantri Metallics Manufacturer, supplier & exporter of automotive metal cast components to OEMs | $7M | $33M FY2025 | -3% | 109 | Purushottam Kanhaiyalal Mantri Founder & Chairman | Master SliderWordPressMySQL+19 | — |
| 27 | Electra EV Manufacturer of electric vehicle powertrains, battery systems, and energy storage 57Market top 28%Moat top 32%Funding top 34%Tech top 45% All 9 signals ▾Markettop 28% Moattop 32% Fundingtop 34% Techtop 45% Fin. healthtop 50% Talentbottom 49% Growthbottom 47% Globalbottom 37% Newsbottom 22% Market: 193 employees (top 12% of Electric Vehicles) · Revenue ~$30.5M Moat: Top 23% by revenue among 1848 tracked Auto Components companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 57/100 | $25M | $31M FY2025 | -28% | 193 193 → 288 (+49%) · sector median +30% | Samir Yajnik CEO | WordPressMySQLRedis+21 | 1 partnership |
| 28 | Divgi TorqTransfer Systems Manufacturer & supplier of automotive transmission systems to OEMs | $19M | $28M FY2025 | -12% | 29 | — | WordPress Block EditorElementorWordPress+21 | 1 award |
| 29 | Amber Provider of extended service contracts for electric vehicle components and systems | $1M | $25M FY2025 | +186% | — | Madhur Gujar Co-Founder & CBO | Webflow EcommerceWebflowBootstrap+20 | — |
| 30 | Truebil Online P2P marketplace for used cars | $27M | $24M FY2022 | +808% | 5 | Shanu Vivek ex-Co-Founder & Digital Marketing Head | — | — |
| 31 | QuickInsure Provider of platform to compare and buy insurance policies online 69Growth top 26%Tech top 28%Moat top 30%Customers top 32% All 12 signals ▾Growthtop 26% Techtop 28% Moattop 30% Customerstop 32% Innovationtop 34% Talenttop 38% Markettop 42% Producttop 45% Fin. healthtop 48% Fundingbottom 42% Globalbottom 32% Newsbottom 18% Growth: Headcount 100 → 188 (+88%) across vintages · Revenue +37% YoY Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 69/100 | $2M | $14M FY2025 | +37% | 188 188 → 257 (+37%) · sector median +30% | Anand Shrikhande Co-Founder | RubyRuby on RailsEnvoy+16 | — |
| 32 | Instor India Manufacturer and exporter of retail fixtures, industrial solutions and automotive components | $5M | $14M FY2025 | +58% | 750 | — | WordPressMySQLPHP+21 | 2 awards |
| 33 | Sintercom India Manufacturer and supplier of automotive engine, powertrain, exhaust components, etc | $30M | $11M FY2025 | +3% | 78 78 → 153 (+96%) · sector median +30% | — | WordPressMySQLPHP+21 | 1 job opening |
| 34 | Matel Manufacturer of electric vehicle powertrains and high-efficiency synchronous industrial motors 78Growth top 27%Tech top 27%Moat top 28%Innovation top 32% All 11 signals ▾Growthtop 27% Techtop 27% Moattop 28% Innovationtop 32% Fin. healthtop 33% Markettop 34% Producttop 36% Talenttop 38% Fundingtop 45% Globalbottom 32% Newsbottom 22% Growth: Headcount 72 → 104 (+44%) across vintages · Revenue +55% YoY Tech: 35 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 78/100 | $4M | $6M FY2025 | +55% | 104 104 → 119 (+14%) · sector median +30% | Netaji Patro Co-Founder & CBO | WixSentryBootstrap+10 | — |
| 35 | Setco Automotive Manufacturer of clutch components for automobiles | $3M | $3M FY2025 | -4% | 831 | Neeraj Singhal Chief Executive Officer | WordPressMySQLPHP+22 | — |
| 36 | CreditMate Collection platform | $3M | $2M FY2025 | +12% | 3 | — | Animate.cssBootstrapGoogle Font API+10 | — |
| 37 | Hoora Provider of mobile vehicle cleaning repair and insurance brokerage services 64Growth top 18%Talent top 28%Tech top 30%Moat top 35% All 9 signals ▾Growthtop 18% Talenttop 28% Techtop 30% Moattop 35% Fin. healthtop 45% Fundingbottom 48% Productbottom 45% Marketbottom 41% Globalbottom 32% Growth: Revenue +184% YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $1M | $1M FY2025 | +184% | — | Harsh Somani Co-Founder & CTO | Cart FunctionalityShopifyBootstrap+25 | 6 job openings · 1 launch · 2 partnerships |
| 38 | Clean Electric Manufacturer of battery technology for energy storage and electric vehicles 50Growth top 24%Moat top 36%Talent top 38%Funding top 41% All 12 signals ▾Growthtop 24% Moattop 36% Talenttop 38% Fundingtop 41% Producttop 41% Innovationtop 43% Patentstop 43% Techtop 47% Fin. healthbottom 39% Marketbottom 34% Globalbottom 33% Newsbottom 18% Growth: Headcount 10 → 30 (+200%) across vintages · Revenue +287% YoY Moat: Top 35% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $8M | $1M FY2025 | +287% | 30 | Akash Gupta Co-Founder & CEO | Wix eCommerceCart FunctionalityWix+15 | — |
| 39 | Vertelo Provider of electric vehicle fleet leasing, financing, and charging infrastructure services 42Growth top 14%News top 25%Funding top 30%Talent bottom 49% All 9 signals ▾Growthtop 14% Newstop 25% Fundingtop 30% Talentbottom 49% Techbottom 44% Globalbottom 39% Fin. healthbottom 38% Moatbottom 34% Marketbottom 23% Growth: Revenue +4453% YoY · Web rank 50,000,000 → 10,000,000 YoY News: 5 BI events in 12 mo (of 9 tracked, 4 types) · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 42/100 | $405M | $1M FY2025 | +4453% | 14 14 → 35 (+150%) · sector median +30% | Sandeep Gambhir CEO | Cart FunctionalitySquarespace CommerceSquarespace+13 | — |
| 40 | Autodukan Provider of car washing, battery, and wind shield cleaning products 37Talent top 28%Growth top 30%News top 41%Funding top 49% All 10 signals ▾Talenttop 28% Growthtop 30% Newstop 41% Fundingtop 49% Techbottom 46% Productbottom 40% Fin. healthbottom 36% Globalbottom 32% Moatbottom 32% Marketbottom 28% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Growth: Headcount 25 → 28 (+12%) across vintages · Revenue +46% YoY rank vs industry peers · Fliar Intelligence Index 37/100 | $2M | $896K FY2025 | +46% | 28 28 → 64 (+129%) · sector median +30% | Sumit Desai Co-Founder & CTO | Google MapsMUIReact+12 | — |
| 41 | Neptune Enterprises Manufacturer and supplier of electrical and electronic components | $11M | $640K FY2025 | +76% | 183 | Jagdish Chavan Founder | — | — |
| 42 | AMW Motors Manufacturer of heavy-duty trucks | $100M | $632K FY2019 | — | 98 | Anirudh Bhuwalka Founder & CEO | — | — |
| 43 | SparesHub Retailer of automotive service and replacement parts via online platform | $3M | $329K FY2025 | +76% | 14 | Tapas Gupta Co-Founder | Cart FunctionalityShopifyLazySizes+14 | — |
| 44 | Adiabatic Platform offering customized lithium-ion battery solutions | $96K | $147K FY2025 | +592% | — | Chandrashekhar Dhangar Co-Founder | Wix eCommerceCart FunctionalityWix+15 | — |
| 45 | Attron Automotive Platform offering powertrains for multiple categories of vehicles 53Growth top 14%Talent top 23%Funding top 46%Tech top 47% All 9 signals ▾Growthtop 14% Talenttop 23% Fundingtop 46% Techtop 47% Fin. healthbottom 49% Globalbottom 37% Moatbottom 26% Marketbottom 23% Newsbottom 22% Growth: Revenue +286% YoY · Web rank 50,000,000 → 10,000,000 YoY Talent: 5 named leaders on record · 5 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $575K | $103K FY2025 | +286% | 8 | Chander Udhay Singh Co-Founder | WebflowGSAPSplide+17 | — |
| 46 | Garage Works Online platform to book automobile repairing and care services | $2M | $42K FY2025 | -84% | 18 | Prabudh Kakkar Co-Founder | PHPBootstrapApache HTTP Server+19 | — |
| 47 | MyNewCar Online multi-brand car marketplace | $2M | $37K FY2025 | -24% | 8 | — | TypeScriptNode.jsChart.js+19 | — |
| 48 | Bright Brothers Manufactures plastic auto components | $36M | — | — | 375 | TW Bhojwani Co-Founder | WordPressMySQLPHP+23 | — |
| 49 | BKT Manufacturer of off-highway tires commercial vehicles | $26M | — | — | 25 | Lucia Salmaso Managing Director | WordPressTypeScriptPHP+24 | 1 launch · 1 partnership |
| 50 | Mahindra CIE Automotive Manufacturer and supplier of major auto components to tier 1 and OEMs | $3M | — | — | 136 | Jesus Herrera Co-CEO | — | — |
Top 12 Auto companies in Maharashtra
#1
Series D · Mumbai, Maharashtra · founded 2024 · 14 employees$405Mraised▾
Series D · Mumbai, Maharashtra · founded 2024 · 14 employees
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.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Growth
top 14%News
top 25%Funding
top 30%Talent
bottom 49%Tech
bottom 44%Global
bottom 39%Growth: Revenue +4453% YoY · Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
News: 5 BI events in 12 mo (of 9 tracked, 4 types) · 4 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Funding, Capital raise
Funding: Raised $405M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series D (Aug 2025)
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Aug 2025Series D$405M
Founders & team
Investors
AllianzGI, Australian Ethical Investment, Green Climate Fund
Tech stack
AngularCart FunctionalityCore-JsGoogle AnalyticsGoogle Font ApiHsts
#2
Early Stage · Nashik, Maharashtra · founded 1993 · 750 employees$13.6Mraised▾
Early Stage · Nashik, Maharashtra · founded 1993 · 750 employees
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.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Product
top 18%Innovation
top 20%Market
top 35%Funding
top 38%Fin. health
top 43%Growth
bottom 49%Product: 5 distinct product lines
Innovation: 5 product lines
Market: 750 employees (top 20% of Auto) · Revenue ~$38.6M · Top 20% by revenue among 1848 tracked Auto Components peers
Funding rounds
- Apr 2026Unattributed$13.6M
Founders & team
Investors
Bharat Forge
Tech stack
BootstrapGoogle Font ApiGoogle MapsGoogle WorkspaceIisJquery
#3
Late Stage · Aurangabad, Maharashtra · founded 1999 · 375 employees$110.7Mraised▾
Late Stage · Aurangabad, Maharashtra · founded 1999 · 375 employees
Manufacturer of wiring harness, electronic sensors, and controllers. The company operates the business in products as diverse as wiring harness, electronic sensors and controllers, automotive switches, power cords, automotive cables, connectors and terminals, suiting to various vehicles and equipment. The company serves a large customer’s base. It is one of the most ‘in-demand’ company globally for wiring solutions.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Innovation
top 20%Product
top 22%Funding
top 24%News
top 24%Fin. health
top 31%Market
top 35%Innovation: 8 product lines
Product: 8 distinct product lines · Company stage: PE
Funding: Raised $111M across 2 rounds · 2 rounds over 12 yrs (0.2/yr) · Last round PE (Jan 2025)
Audience (LinkedIn): 45k LinkedIn followers — 6.7% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 2 awards (incl. Ride Vision) announced in 12 mo
Funding rounds
- Jan 2025PE$110.4M
- Nov 2014Unattributed$276.5K
Founders & team
Investors
Bain Capital, Mangalam Coils, Dhoot Motor Finance and leasing, Dhootmotors Autotech, Bain Capital Private Equity
Tech stack
Apache Http ServerContact Form 7ElementorGoogle AnalyticsGoogle Font ApiGsap
#4
Series D · Pune, Maharashtra · founded 2017 · 2221 employees$63.7Mraised▾
Series D · Pune, Maharashtra · founded 2017 · 2221 employees
Provider of two wheeler loans
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Talent
top 28%Market
top 29%Funding
top 30%Moat
top 38%Growth
top 39%Fin. health
top 50%Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Market: 2,221 employees (top 3% of Fintech) · Revenue ~$36.0M · Top 17% by revenue among 616 tracked Consumer and SME Loans peers
Funding: Raised $63.7M across 4 rounds · 4 rounds over 9 yrs (0.4/yr) · Last round Series D (Feb 2025)
Audience (LinkedIn): 11k LinkedIn followers
Funding rounds
- Feb 2025Series D—
- Mar 2022Series D$32.9M
- Jun 2020Series C$13.8M
- Oct 2018Series B$13.5M
Founders & team
Investors
Womens World Banking, Elevar Equity, Faering Capital, EcoPower, AMP Fitness, Karunakaran Family Trust
Tech stack
PhpYiiBootstrapApache Http ServerJqueryGoogle Font Api
#5
Public · Mumbai, Maharashtra · founded 2007 · 424 employees$25.8Mraised▾
Public · Mumbai, Maharashtra · founded 2007 · 424 employees
Manufacturer of motor vehicle parts. Its product portfolio includes sensorless integrated starter generators, ECUs for fuel injection, smart ignition, voltage regulators, battery management systems, connectivity devices, generator controllers, and battery chargers. It supplies critical-to-the-application control products in large volumes, from in-house lines, to leaders of large markets.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Product
top 22%Funding
top 24%Moat
top 26%Talent
top 28%News
top 29%Fin. health
top 29%Product: 2 published apps (266k installs) · Company stage: Public
Funding: Raised $25.8M across 7 rounds · 7 rounds over 18 yrs (0.4/yr) · Last round Series B (Apr 2025)
Moat: Top 11% by revenue among 1848 tracked Auto Components companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 85k LinkedIn followers — 12.7% of this cohort's audience
Funding rounds
- Apr 2025Series B—
- May 2024Series B$9M
- Dec 2018Series B$4.7M
- Jun 2017Series B$2M
Founders & team
Investors
Shell Foundation, NRJN Family Trust, Xponentia Capital, A91 Partners, 360 One, Iron Pillar
Tech stack
AosAzureEmotionGoogle AnalyticsGoogle Font ApiGoogle Workspace
#6
Series D · Pune, Maharashtra · founded 2017 · 2276 employees$80.9Mraised▾
Series D · Pune, Maharashtra · founded 2017 · 2276 employees
Online platform for buying and selling two-wheelers. It provides financing solutions to individuals for purchasing new, used, and electric two-wheelers through its proprietary underwriting tools and hassle-free experience. The company operates in the auto financing space, offering accessible and affordable financing options for customers.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 25%Funding
top 29%Market
top 31%Product
top 36%Growth
top 41%Fin. health
top 48%Moat: Top 17% by revenue among 616 tracked Consumer and SME Loans companies · Editorial + unicorn rating 8/10 · 9 curated direct competitors tracked
Funding: Raised $80.9M across 7 rounds · 7 rounds over 6 yrs (1.2/yr) · Last round Conventional Debt (Jul 2024)
Market: 2,276 employees (top 3% of Fintech) · Revenue ~$36.0M · Top 17% by revenue among 616 tracked Consumer and SME Loans peers
Funding rounds
- Jul 2024Conventional Debt$3M
- Feb 2023Series D$10M
- Sep 2022Conventional Debt$31.4M
- Sep 2022Series D$21.4M
Founders & team
Investors
DEG, Mas Financial Services, Womens World Banking, Faering Capital, Elevar Equity, EcoPower
Tech stack
CdnjsCloudflareCodeigniterCrypto-JsEmotionGodaddy
#7
Late Stage · Pune, Maharashtra · founded 1973 · 1090 employees$38.1Mraised▾
Late Stage · Pune, Maharashtra · founded 1973 · 1090 employees
Manufacturer of aggregates and systems related to commercial vehicles and passenger cars. It offers a range of products, includes propeller shafts, axles, wheel couplings, suspension systems, e-axles, EV reducers, and both auto and non-auto components. It also offers automotive products design and testing services.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 14%Innovation
top 20%Product
top 22%Funding
top 28%Market
top 32%Talent
top 38%Moat: Top 3% by revenue among 1848 tracked Auto Components companies · Editorial + unicorn rating 7/10
Innovation: 6 product lines
Product: 6 distinct product lines · Company stage: PE
Audience (LinkedIn): 10k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Founders & team
Investors
IIML, Evolvence Equity Partners, Piramal Group, Bain Capital Private Equity, Tata Motors Finance, RSB Metaltech
Tech stack
AosApache Http ServerBootstrapCdnjsCloudflareFancybox
#8
Seed · Pune, Maharashtra · founded 2017 · 28 employees$1.5Mraised▾
Seed · Pune, Maharashtra · founded 2017 · 28 employees
Provider of car washing, battery, and wind shield cleaning products
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Talent
top 28%Growth
top 30%News
top 41%Funding
top 49%Tech
bottom 46%Product
bottom 40%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Growth: Headcount 25 → 28 (+12%) across vintages · Revenue +46% YoY · Web rank 1,000,000 → 500,000 YoY
News: 4 BI events in 12 mo (of 4 tracked, 1 types) · Top themes: Funding
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Sep 2025Seed$1M
- Mar 2025Angel$99.4K
- Aug 2024Seed$220.3K
- Mar 2024Seed$23.9K
Founders & team
Investors
Choice Group, The MetroMax Group, Windrose Capital, Innowyze Global Solutions
Tech stack
CloudflareCloudflare Browser InsightsEmotionGoogle Font ApiGoogle MapsGoogle Tag Manager
#9
Early Stage · Pune, Maharashtra · founded 1998$5Mraised▾
Early Stage · Pune, Maharashtra · founded 1998
Processor of hot rolled and cold rolled steel coils and sheets. The company offers coil slitting, coil cutting, die blanking, and trapezoidal cutting. These processes transform steel coils into narrower coils or sheets of specific sizes and shapes. The company provides processed steel for various customer applications.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 35%Market
top 45%Fin. health
top 50%Talent
bottom 45%Growth
bottom 43%Global
bottom 33%Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Unattributed (Apr 2025)
Market: Revenue ~$107M · Top 16% by revenue among 372 tracked Metals and Alloys peers · Top-10,000,000 web property
Fin. health: Revenue ~$107M (FY2024) · Net margin 1.6% · Revenue -8% YoY
Funding rounds
- Apr 2025Unattributed$5M
Founders & team
Investors
Aavishkaar Capital
Tech stack
Font AwesomeGoogle Font ApiGoogle WorkspaceIisJqueryMediaelement.Js
#10
Series A · Pune, Maharashtra · founded 2016 · 188 employees$2.1Mraised▾
Series A · Pune, Maharashtra · founded 2016 · 188 employees
Provider of platform to compare and buy insurance policies online. The platform offers options for comparing various insurance plans. It facilitates policy purchases and aims to simplify the insurance buying process. The platform presents key aspects of policies in an easy-to-understand format. It focuses on data privacy and security, storing data in approved data centers. The platform offers customer support for buying policies and claim settlements.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 26%Tech
top 28%Moat
top 30%Customers
top 32%Innovation
top 34%Talent
top 38%Growth: Headcount 100 → 188 (+88%) across vintages · Revenue +37% YoY · Fresh capital in last 24 mo
Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy, Nginx
Moat: Top 8% by revenue among 200 tracked Auto E-Commerce & Content companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
- May 2025Angel$3.5M
- Jun 2023Angel$725.5K
- Dec 2022Angel$532.8K
- May 2021Series A$1.1M
Founders & team
Investors
Sachka International, Josh Software, Ace Lifestyle Sports Products
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCore-JsEmotionFacebook Pixel
#11
Seed · Nagpur, Maharashtra · founded 2019$1.5Mraised▾
Seed · Nagpur, Maharashtra · founded 2019
Provider of mobile vehicle cleaning repair and insurance brokerage services. This business facilitates automotive maintenance through doorstep cleaning and mechanical repair operations. It also functions as an intermediary for insurance products related to motor vehicles. Customers access these services through a digital application interface.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 18%Talent
top 28%Tech
top 30%Moat
top 35%Fin. health
top 45%Funding
bottom 48%Growth: Revenue +184% YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Tech: 50 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Microsoft Clarity
Audience (LinkedIn): 19k LinkedIn followers — 2.8% of this cohort's audience
Hiring (LinkedIn): 6 hiring posts in 12 mo (public) · momentum +6 · hiring: Procurement Manager - China Sourcing (Electronics), Field sales Executive
Activity (LinkedIn): 1 product launches · 2 partnerships (incl. Hoora AI) announced in 12 mo
Funding rounds
- Jun 2025Seed$552K
- Sep 2024Angel$28.7K
- Aug 2024Seed$125.5K
- Jan 2024Seed$63.6K
Founders & team
Investors
Sgrventures, VSure Investment Affairs, Msh Venture, Plutus Capital, Espyventuresfinance, Vertoz
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAmerican ExpressBootstrapCart Functionality
#12
Series A · Pune, Maharashtra · founded 2016 · 30 employees$8.4Mraised▾
Series A · Pune, Maharashtra · founded 2016 · 30 employees
Manufacturer of battery technology for energy storage and electric vehicles. The company provides battery solutions suitable for applications such as three-wheelers, four-wheelers, and stationary energy storage. They offer batteries with rapid charging capabilities and long lifespans. The company's products incorporate technology for temperature modulation, predictive health monitoring, and fleet management.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 24%Moat
top 36%Talent
top 38%Funding
top 41%Product
top 41%Innovation
top 43%Growth: Headcount 10 → 30 (+200%) across vintages · Revenue +287% YoY · Fresh capital in last 24 mo
Moat: Top 35% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 · IP moat: 8 patents
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 32k LinkedIn followers — 4.8% of this cohort's audience
Funding rounds
- Aug 2024Series A$6M
- Oct 2022Seed$2.2M
- Jun 2022Seed$90K
- Nov 2021Angel$63.9K
Founders & team
Investors
iCreate, Sarcha Advisors, pi Ventures, Lok Capital, Kalaari Capital, Ira Technoventures
Tech stack
BootstrapCart FunctionalityGoogle AnalyticsGoogle CloudGoogle Cloud CdnGoogle Workspace
Funding & investor landscape
$2.3Btotal disclosed funding
64companies funded
148disclosed rounds
1rounds last 90 days
Most active investors
Notable founders
Sandeep Gambhir
CEO · Vertelo
Suriya Narayanan
CEO · Fortuna Engineering
Rahul Dhoot
Founder & Owner & Managing Director · Dhoot Transmission
Srinivas Kantheti
Co-Founder & Managing Director · WheelsEMI
Ratheesh Bharathan
Co-Founder · WheelsEMI
Amit Dixit
Co-founder and CTO · SEDEMAC
Manish Sharma
Co-Founder & COO · SEDEMAC
S Behera
Co-Founder · RSB
R Behera
Co-Founder & Chairman · RSB
Sumit Desai
Co-Founder & CTO · Autodukan
Gunjan Rasiklal
Co-Founder · Autodukan
Vikram Puri
CEO · POSHS metal industries
Prism market signals · India · country-scoped Prism corpus, 518,721 docs
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Autonomous Vehicles is moving in India
A read on the academic research around Autonomous Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,085 India-affiliated papers.
research sentiment over time
202020232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 56% → 65% across 2020–2026.
top research entities
- Vellore Institute of Technology University59
- Ministry of Culture58
- Saveetha University56
- SRM Institute of Science and Technology37
- Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology29
leading researchers
Carlos Camacho · Gerardo Rey · Sudeep Tanwar · Gunasekaran Raja · Rajesh Gupta · Neeraj Kumar · Alvaro Tavera · S, Jeevan
▲
Breakthroughs408 · 38%
▲ 0%→38% share
0 median citations98% since 2021mostly methods-led
Computer vision and object detection emerged brand-new, dominating breakthroughs with 61 and 54 papers respectively.
rising sub-themes (early→recent)
- Convolutional neural network1→21
- Advanced driver assistance systems1→19
- Pattern recognition (psychology)1→17
- Benchmark (surveying)1→8
- Global Positioning System1→7
Newly emergingComputer vision 0→61 · Object detection 0→54 · Reinforcement learning 0→36
Landmark AdaScan: Adaptive Scan Pooling in Deep Convolutional Neural Networks for Human Action Recognition in Videos · 174 cites
◆
Advancements398 · 37%
▲ 0%→36% share
0 median citations96% since 2021mostly methods-led
Automotive engineering advancements intensifying — computer vision papers surged from 2 to 60, object detection from 1 to 44.
rising sub-themes (early→recent)
- Computer vision2→60
- Object detection1→44
- Automotive engineering1→29
- Convolutional neural network2→20
- Segmentation1→15
Newly emergingObject (grammar) 0→30 · Human–computer interaction 0→29 · Reinforcement learning 0→28
Landmark A Review on Autonomous Vehicles: Progress, Methods and Challenges · 462 cites
▼
Concerns153 · 14%
▲ 0%→14% share
0 median citations97% since 2021mostly empirical
Computer security newly emerged with 26 context and 22 security papers flagging rising AV vulnerability research.
rising sub-themes (early→recent)
- Humanities1→12
- Philosophy1→7
- Human–computer interaction1→6
Newly emergingContext (archaeology) 0→26 · Computer security 0→22 · Government (linguistics) 0→18
Landmark Autonomous Vehicles Enabled by the Integration of IoT, Edge Intelligence, 5G, and Blockchain · 208 cites
RESEARCH HOTSPOTS · India
Where autonomous vehicles is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai83 · +0.64
Hyderabad41 · +0.75
Delhi-NCR39 · +0.61
Pune33 · +0.62
Bengaluru12 · +0.53
Roorkee12 · +0.54
Mumbai7 · +0.56
Kanpur5 · +0.70
PATENT SIGNAL · India
Who's filing autonomous vehicles patents in India
India autonomous vehicles patent filing is accelerating — 222 filings from 131 assignees (2016–2025), led by Wipro, Tata Consultancy Services, Cadila Healthcare; annual filings 7→16.
222 filings131 assigneespeak 41/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Wipro98
- Tata Consultancy Services19
- Cadila Healthcare9
- Indian INST Scient7
- TEGA IND7
- The HI TECH Robotic Systemz6
- Saroj Vanijya5
- CSIR5
Common questions
How many Auto companies are there in Maharashtra, India?
Radar tracks 690 indexable Auto companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Auto companies in Maharashtra, India?
The Auto companies in Maharashtra, India on this list have raised a combined $2.3B in disclosed equity funding across 64 funded companies.
Which is the highest-funded Auto company in Maharashtra, India?
Vertelo is the highest-funded Auto company in Maharashtra, India, with $405M in disclosed equity funding.
How many Auto companies in Maharashtra, India are funded?
64 of the 690 Auto companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Auto unicorns are there in Maharashtra, India?
1 Auto company in Maharashtra, India on this list is valued at $1B or more.
Who are the top investors in Maharashtra, India Auto companies?
The most active investors in Maharashtra, India Auto companies on this list include Innoeversity, Brand Capital, ChrysCapital, IFC, AIC-Pinnacle.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.