Best Auto Companies in Mumbai, India
The 236 best Auto companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vertelo.
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.
Ranked: Best Auto companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Tata Motors Manufacturer of cars and commercial automotive vehicles | $52.8B FY2025 | — | 56 mo ago | 24,956 | Shailesh Chandra CEO & MD | 431 patents Automotive thermal management, powertrain monitoring, and vehicle component integration systems | — |
| 2 | 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 | $19.1B FY2025 | $56M | 29 mo ago | 17,286 | Suman Mishra CEO & Managing Director | — | — |
| 3 | Ceat Tyres Manufacturer of tires for passenger & commercial vehicles | $1.3B FY2022 | — | 130 mo ago | 6,743 6,743 → 8,646 (+28%) · sector median +16% | Virginio Tedeschi Founder | 9 patents Manufacturing and cleaning processes for pneumatic tire molds and tire production | 1 award |
| 4 | Alliance Tire Group Manufactures tyres for off-highway and commercial vehicles | $692M FY2025 | $10M | 168 mo ago | 3,084 3,084 → 2,648 (-14%) · sector median +16% | Nitin Mantri CEO | — | 1 launch |
| 5 | Ascenso Manufacturer of tyres | $190M FY2025 | $66M | 52 mo ago | 472 472 → 370 (-22%) · sector median +16% | Yogesh Mahansaria Co-Founder & Managing Director | — | — |
| 6 | NRB Bearings Manufactures and supplies roll bearings | $145M FY2025 | — | 157 mo ago | 1,002 1,002 → 1,590 (+59%) · sector median +16% | — | 18 patents High-load roller bearings and sealed needle bush bearings for automotive/industrial applications | — |
| 7 | CarTrade Tech Online marketplace for used cars | $84M FY2025 | $328M | 62 mo ago | 1,140 | Vinay Sanghi Founder & CEO & Managing Director | — | 1 launch |
| 8 | CarWale Online listing platforms that facilitate the sale of second-hand cars | $84M FY2025 | $10M | 148 mo ago | 824 824 → 848 (+3%) · sector median +16% | Banwari Sharma CEO | — | — |
| 9 | CarTrade Exchange Operator of an online platform for vehicle auctions and listing services | $84M FY2025 | $13M | 177 mo ago | 1,061 | — | — | — |
| 10 | Classic Stripes Provider of automotive graphics and integrated surface augmentation solution | $80M FY2025 | $40M | — | 447 | Kishore Musale Founder | — | — |
| 11 | 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 | $78M FY2025 | $26M | 13 mo ago | 424 | Amit Dixit Co-founder and CTO | — | — |
| 12 | Bharat Gears Manufactures gears for automotive industry | $77M FY2025 | — | 84 mo ago | 556 556 → 1,120 (+101%) · sector median +16% | Sameer Kanwar Founder | — | 1 partnership |
| 13 | Auto Hangar Advantage Provider of pre-owned luxury cars | $59M FY2022 | — | — | 411 | — | — | — |
| 14 | Windals Precision Manufacturer and supplier of two wheel drive axle prodcuts | $48M FY2025 | $362K | 201 mo ago | 186 | Udaykumar Vinzanekar Founder & Managing Director | — | — |
| 15 | Akar Tools Manufactures hand tools | $45M FY2025 | — | — | 85 | Sunil Todi CEO | — | — |
| 16 | Mahindra First Choice Retailer of certified, pre-owned vehicles, providing inspection, warranty, and finance options | $37M FY2025 | $72M | 49 mo ago | 650 | Anand Mahindra Founder | — | — |
| 17 | ABC Bearings Manufacturer of bearings for automobiles | $28M FY2017 | — | — | 400 | Sanjiv Kumar CEO | — | — |
| 18 | ABC Bearings Manufacturer of bearings for automobiles | $28M FY2017 | — | — | — | Sanjiv Kumar CEO | — | — |
| 19 | Amber Provider of extended service contracts for electric vehicle components and systems | $25M FY2025 | $1M | 128 mo ago | — | Madhur Gujar Co-Founder & CBO | — | — |
| 20 | Truebil Online P2P marketplace for used cars | $24M FY2022 | $27M | 81 mo ago | 5 | Shanu Vivek ex-Co-Founder & Digital Marketing Head | — | — |
| 21 | Anandji Haridas & Company Manufacturer and supplier of sheet metal components to OEMs | $16M FY2025 | $1M | 129 mo ago | 68 | Shyam Sampat Director | — | — |
| 22 | Almity Manufacturer and supplier of wipers to OEMs | $16M FY2025 | — | — | 150 150 → 130 (-13%) · sector median +16% | Gunmeet Mago CEO & MD | — | — |
| 23 | Autobahn Provider of car dealership services | $13M FY2025 | — | 108 mo ago | 203 | Harshil Choksey CEO | — | — |
| 24 | Autobahn Enterprises P Provider of new & used vehicle dealership services | $13M FY2025 | — | — | — | Harshil Choksey Managing Director | — | — |
| 25 | AbhijeetGroup Manufacturer and supplier of major auto components to tier 1 and OEMs | $3M FY2025 | — | — | 175 | Naresh Raut Founder & MD | — | 4 job openings · 1 award |
| 26 | Setco Automotive Manufacturer of clutch components for automobiles | $3M FY2025 | $3M | 246 mo ago | 831 | Neeraj Singhal Chief Executive Officer | — | — |
| 27 | CreditMate Collection platform | $2M FY2025 | $3M | 102 mo ago | 3 | — | — | — |
| 28 | Auto Window Manufacturer and supplier of windows to OEMs | $2M FY2022 | — | — | 23 | Vispi Mehta CEO | — | — |
| 29 | 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 | $1M FY2025 | $405M | 9 mo ago | 14 14 → 35 (+150%) · sector median +16% | Sandeep Gambhir CEO | — | — |
| 30 | AMW Motors Manufacturer of heavy-duty trucks | $632K FY2019 | $100M | 170 mo ago | 98 | Anirudh Bhuwalka Founder & CEO | 2 patents Automotive vehicle chassis and powertrain components | — |
| 31 | AMW Motors Brand of passenger & commercial vehicles | $632K FY2019 | — | 29 mo ago | 162 | — | 2 patents Automotive vehicle manufacturing and powertrain component technologies | — |
| 32 | DoSeat Online listing platform for new and used bikes | $159K FY2019 | $621K | 94 mo ago | — | Amit Bhartiya Founder & CEO | — | — |
Top 12 Auto companies in Mumbai
#1
Series D · Mumbai, Maharashtra · founded 2024 · 14 employees$405Mraised▾
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.
- Aug 2025Series D$405M
#2
Public · Mumbai, Maharashtra · founded 2007 · 424 employees$25.8Mraised▾
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.
- Apr 2025Series B—
- May 2024Series B$9M
- Dec 2018Series B$4.7M
- Jun 2017Series B$2M
#3
Series C · Mumbai, Maharashtra · founded 1994 · 17286 employees$56.1Mraised▾
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles. It offers a diverse range of three & four wheelers, including Treo Series, e-Alfa, Zor Grand,Treo Yaari, Alfa DX Duo, Alfa DX, Treo Zor, Jeeto Plus Petrol, Jeeto Strong Diesel & CNG, and Mahindra Zeo.
- Jan 2024Series C$48.2M
- Oct 2023Series B$36.1M
- Dec 2006Series A$20M
#4
Public · Mumbai, Maharashtra · founded 2006 · 1140 employees$327.9Mraised▾
Online marketplace for used cars. The company offers users to post, search, sell, and purchase used vehicles.
- Apr 2021Series H$30.9M
- Jun 2020Series H$42.9M
- Feb 2017Series G$55M
- Apr 2016Series E$5M
#5
Series C · Mumbai, Maharashtra · founded 2007 · 650 employees$72.3Mraised▾
Retailer of certified, pre-owned vehicles, providing inspection, warranty, and finance options. The business offers a selection of used cars across various makes, models, and body types. Services include vehicle inspections, warranty products, and assistance with financing. The company facilitates the buying and selling of used vehicles through its network.
- Apr 2022Series C$31.7M
- Oct 2021Series C$8.1M
- Oct 2020Series C$1.9M
- Feb 2018Series C$15.5M
#6
Series C · Mumbai, Maharashtra · founded 2017 · 472 employees$65.8Mraised▾
Manufacturer of tyres. It offer a wide range of tyres across the applications but also customize solutions to suit specific customer requirements or applications. Its aim is to be present in all global markets, and every step forward brings closer to vision of becoming the most preferred brand in the Off-Highway Tyre Industry.
- Feb 2022Series C$14.9M
- Jun 2021Series B$18.6M
- Dec 2019Series A$32.3M
#7
Late Stage · Mumbai, Maharashtra · founded 2002 · 98 employees$100Mraised▾
Manufacturer of heavy-duty trucks
#8
Acquired · Mumbai, Maharashtra · founded 2015 · 5 employees$26.9Mraised▾
Truebil is an online P2P marketplace to buy & sell used cars. Users can list their cars through the platform after inspection by the company representative. It offers value-added services including paper transfer, car insurance & car loan. Buyers can find the cars they want to buy through the platform & can make an online payment.
- Aug 2019Series B$1M
- Jan 2019Conventional Debt—
- Jan 2019Series B$14M
- Nov 2018Venture Debt$1.4M
#9
Acquired · Mumbai, Maharashtra · founded 1987 · 447 employees$40Mraised▾
Classic Stripes is a provider of automotive graphics and an integrated surface augmentation solution. It offers decals, 3D soft emblems, printed electronics products such as sensors, heaters, ultra-thin Electroluminescent (EL), and LED lighting. It provides a solution to automotive, consumer durables & appliances industries. Clientele includes Yamaha, Bajaj, Suzuki, Honda, and Audi.
- Conventional Debt$40M
- PE—
#10
Public · Mumbai, Maharashtra · founded 1946 · 375 employees$36.4Mraised▾
Bright Brothers is a company which produces plastic auto components for moulds & dies and deals with a range of plastic moulders and consumer durable products. The company has 6 manufacturing facilities in which 4 plants are in Pondicherry, 1 in Faridabad and 1 in Bhimtal (Uttarakhand).
#11
Public · Mumbai, Maharashtra · founded 1987 · 25 employees$26Mraised▾
Manufacturer of off-highway tires commercial vehicles. It offers tires for various applications, such as agricultural, construction, industrial, earthmover, port, ATV, mining, and gardening, and turf care.
- Jul 2005Post IPO$26M
#12
Acquired · Mumbai, Maharashtra · founded 2003 · 824 employees$9.6Mraised▾
Online listing platforms that facilitate the sale of second-hand cars. The platform enables consumers to research various brands of cars, pricing, and insurance policies and serves as a listing platform to connect buyers and sellers of cars. Their app is available for iOS and Android devices.
- Jan 2014Series A$1.7M
- Nov 2010Series A$112.8K
- Oct 2008Series A$3.2M
- Aug 2006Seed$772.3K
Funding & investor landscape
Notable founders
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
Who's building autonomous vehicles IP in Mumbai
UPL and Cipla jointly lead Mumbai's autonomous-vehicle patents with four each, though annual filings remain low and inconsistent, showing no clear sustained growth trend.
- UPL4Mumbai
- Cipla4Mumbai
- Wockhardt3Mumbai
- Reliance Life Sciences3Mumbai
- Frog 8 Technology Services2Mumbai
- abbott healthcare2Mumbai
- EPL1Mumbai
- Lupin1Mumbai
Common questions
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.