Company lists
The Karnataka edition · 2026

Auto techcompanies in Karnataka

Electric vehicles, ride hailing & rentals, auto retail & services, fleet & connected vehicles, listed and more: the companies building auto tech in Karnataka, with their founders, funding, team size and business models.

670 company profiles293 with reported revenue161 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent auto tech business events in Karnataka

Funding, M&A, contract wins and launches involving 1,099 auto tech companies in Karnataka, last 24 months: 65 funding rounds · 38 launches · 27 M&A deals · 27 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingSeries A

Tiea connectors

Tiea Connectors also stood out with Rs. 77 crore in Series A funding led by IvyCap Ventures. Jamwant Ventures, 8X Ventures and HNI angel investors also joined the round.

Investors Ivycap ventures, Jamwant Ventures, 8x ventures, HNI angel investors
High-performance connectors / deeptech
FundingQualified Institutions Placement

Ola electric

Ola Electric Mobility Limited announced today, June 1, 2026, that its Fund Raising Committee has approved the opening of a qualified institutions placement of equity shares.

M&AAcquisition · Announced

Goengineer acquires Ska

GoEngineer enhances its global presence by acquiring SKA, a key engineering technology reseller in Latin America, offering expanded solutions and services.

Engineering technology reseller
Funding

River

Electric vehicle startup River is in talks to raise approximately $100 million in fresh funding, marking its largest capital infusion since its founding in 2021.

Investors Anicut capital, Claypond Capital, Elev8 venture partners
Electric Vehicle
Funding

Sarla Aviation

Sarla Aviation and IndiGo have announced a strategic equity investment of ₹10 crore by IndiGo Ventures in Sarla Aviation.

Investors IndiGo Ventures
EVTOL, Urban Air Mobility
Contract

Ashok leyland · client: Switch mobility

Ashok Leyland is also expected to invest up to $ 200 million (Rs 1,480 crore) in Switch Mobility of which $ 130 million (Rs 962 crore) has already been invested in the entity.

E-mobility
LaunchGreaves Eltra cargo e-three-wheeler

Greaves electric mobility

Greaves Electric Mobility has launched its latest three-wheeler, the Greaves Eltra cargo model targeted at last-mile logistics providers.

LaunchAther 450 series

Ather energy

With the Ather 450 series, the Bengaluru-based startup introduced connected dashboards, over-the-air updates, fast charging networks, and smart diagnostics.

Electric scooter
LaunchS1 range

Ola electric

Its S1 range brought electric scooters into mainstream discussion, combining design, performance, and app-based controls.

Electric scooter
LaunchUV Space Station

Ultraviolette automotive

Ultraviolette Automotive announced the launch of a new UV Space Station in Nagpur, a significant step in expanding its retail and service network across emerging mobility markets in India.

Retail and Service Center
LaunchOwnly

Rapido

After catering to select pockets of Bengaluru since June last year, Rapido formally announced the launch of Ownly, its standalone food delivery app, on March 3, 2026.

Food Delivery App
Funding

Namma yatri

Ride-hailing firm Namma Yatri raised $4.3 million in a funding round.

Ride-hailing firm
Funding

Acko General Insurance

ACKO has raised $598 million — the highest among all funded InsurTech companies in India as of January 2026.

InsurTech
FundingEquity

Sarla Aviation

Early last year, Sarla Aviation said it raised $10 million in a funding round led by Accel.

Investors Accel
EVTOL / electric aircraft
Funding

Turno

BII announced significant investments such as Rs 430 million in Turno for EV battery infrastructure, supporting the launch of ElectricGo.

EV battery infrastructure
M&AAcquisition · Announced

Prosus acquires Rapido

🚴 Rapido, a Bengaluru-based ride-sharing startup, was acquired for ₹2,113 crore by Prosus N.V. (via MIH Investments One B.V.), an Amsterdam, Netherlands-based global consumer internet group.

M&AAcquisition · Completed

Abeo acquires Vogo

On 22 December 2025, ABEO consolidated its position by obtaining 90.84% of the capital of VOGO, following the mixed public offer closed on 17 December.

Sports technologies
ContractService

HOWL Digital · client: Greaves electric mobility

RepresentationalHOWL Digital, one of India’s independent agencies, has been awarded the full stack marketing mandate for Greaves Electric Mobility, a pioneer in the mobility and India’s…

EV Mobility
FundingSeries E

Ultraviolette

Bengaluru-based electric mobility pioneer Ultraviolette has raised $45 million in its ongoing Series E round, with investment participation from Zoho Corporation and Italy-based…

Investors Zoho Corporation, Italy-based Lingotto, Tdk ventures
Electric Mobility
ContractService

Universal Sompo General Insurance · client: Zoomcar

Zoomcar has introduced Trip Protection, a new cover supported by Universal Sompo General Insurance through a Contractual Liability Policy.

M&AAcquisition · Completed

Prosus acquires Rapido

Trilegal has advised Dutch investment firm Prosus on its recent stake acquisition from Advantedge in Rapido through its indirect wholly owned subsidiary MIH Investments One BV.

Ride-hailing
FundingSeries A

3ev industries

Bengaluru-based electric vehicle (EV) OEM, 3ev Industries has bagged ₹120 crore in a Series A funding round led by Mahanagar Gas Limited, which invested ₹96 cr, along with participation…

Investors Mahanagar gas, Equentis Angel Fund, Thackersey Group, HNIs, UHNIs, and family offices
Electric vehicle OEM
M&AAcquisition · Completed

Na acquires Ather energy

National Investment And Infrastructure Fund (NIIF) on Thursday divested nearly a 3 per cent stake in electric two-wheeler maker Ather Energy for Rs 541 crore through open market…

FundingBlock deal

Ather energy

National Investment and Infrastructure Fund II is likely to sell up to 2.34% of its existing total equity stake in Ather Energy Ltd through a block deal. The offer size is valued at up…

Investors National Investment and Infrastructure Fund II
M&AAnnounced

Tvs motor company acquires Rapido

TVS Motor Company on Thursday announced that it has entered into an agreements to divest its stake in bike-taxi aggregator Rapido for ₹287.93 crore.

Ride-hailing
M&AAcquisition · Announced

Excel India, Prosus acquires Rapido

TVS Motor has sold its stake in Urban Mobility Startup Rapido (Rapido) taking a big business move.

Urban Mobility
M&ACompleted

Tiger global management acquires Ather energy

Tiger Global Management on Thursday exited Ather Energy by selling its entire 5.09 per cent stake in the electric two-wheeler maker for ₹1,204 crore through open market transactions.

Automotive
FundingAngel

Bullwork Mobility

In 2021, the cleantech startup raised angel funding of $2 million from Mahesh Shetty, Managing Director of Multiplex Group of Companies, after which, Shetty joined Bullwork Mobility as a…

Investors Mahesh Shetty
Cleantech

Auto tech companies in Karnataka, by revenue

Browse auto tech companies in Karnataka by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 293 auto tech companies in Karnataka that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Manufacturer of electric scooters, motorcycles, and energy storage solutions

Electric vehicles
₹4,932.00 crFY 2024-25
-6%2024–2025
8,744-21% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
5postings · last posted Aug 2026

Provider of car, bike, health, life, and travel insurance policies

Auto e-commerce & content
₹2,887.45 crFY 2024-25
+34%2024–2025
1,750+6% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
37postings · last posted Sep 2026

Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories

Electric vehicles
₹2,305.20 crFY 2024-25
+29%2024–2025
4,354+8% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
19postings · last posted Sep 2026

Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides

Road transport tech
₹1,002.87 crFY 2024-25
Not reported
5,598-2% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation

Electric vehicles
₹674.82 crFY 2024-25
+5%2024–2025
956-51% 12 mo to Jul 2024LinkedIn · Jul 2026
18 yr2008
2postings · last posted Aug 2026

Provider of employee transportation management solutions

Road transport tech
₹548.38 crFY 2024-25
+25%2024–2025
915+49% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of battery swapping services for electric vehicles and related infrastructure

Electric vehicles
₹334.84 crFY 2024-25
+17%2024–2025
921LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of automotive e-retailing & marketing solutions

Marketingtech
₹259.87 crFY 2024-25
+37%2024–2025
398+10% 12 mo to Jul 2024recorded Jul 2024
24 yr2002
6postings · last posted Aug 2026

Provider of rail engineering services for signaling, telecom, electrification, and track systems

Road transport tech
₹253.82 crFY 2024-25
+47%2024–2025
256+7% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Feb 2026

Platform offering shared electric two-wheeler rentals

Road transport tech
₹241.88 crFY 2024-25
Not reported
1,094-8% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
2postings · last posted Sep 2026

Provider of customized transportation solutions for diverse sectors

Logistics tech
₹223.09 crFY 2024-25
+14%2024–2025
72LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Manufacturer of electric material handling and people movement equipment

Electric vehicles
₹195.69 crFY 2023-24
-10%2023–2024
391-5% 12 mo to Jul 2024recorded Jul 2024
14 yr2012
0none in 3 months

Provider of electric mobility solutions

Electric vehicles
₹181.58 crFY 2022-23
Not reported
11-78% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Provider of technology-enabled fleet services for employee transportation and commute management

Road transport tech
₹178.52 crFY 2024-25
+54%2024–2025
330+20% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted Jun 2026

Provider of tech-enabled solution

Smart public transport
₹149.35 crFY 2024-25
-1%2024–2025
209LinkedIn · Jul 2026
29 yr1997
0none in 3 months · last posted Oct 2025

Manufacturer of batteries for electric vehicles, UPS, solar, and telecommunications

Energy storage
₹141.29 crFY 2024-25
+16%2024–2025
35+3% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted May 2026

Platform offering power conversion products and solutions for e-mobility

Energy storage tech
₹129.64 crFY 2024-25
+41%2024–2025
110+54% 12 mo to Aug 2023LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Dec 2025

On-demand corporate mobility service provider

Road transport tech
₹113.80 crFY 2024-25
+44%2024–2025
186LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Online platform offering advanced battery technology solutions for electric vehicles

Energy storage tech
₹110.32 crFY 2023-24
+58%2023–2024
262-26% 12 mo to Jun 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer of electric three-wheelers

Electric vehicles
₹110.28 crFY 2024-25
-8%2024–2025
27LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Operator of transportation network, connecting riders with independent service providers

Electric vehicles
₹103.77 crFY 2024-25
Not reported
1,066+32% 12 mo to Jul 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of a self-drive car rental platform

Road transport tech
₹84.65 crFY 2024-25
+2%2024–2025
1,173-5% vs previous recordLinkedIn · Jul 2026
14 yr2012
1postings · last posted Jul 2026

Company providing fleet management solutions for transportation and logistics services

Connected vehicles
₹75.54 crFY 2024-25
+1011%2024–2025
88LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Jun 2026

AI-powered monitoring solutions for traffic authorities

Road transport tech
₹67.52 crFY 2023-24
+47%2023–2024
—Not available
18 yr2008
0none in 3 months

Technology for smart wearables, mobile, IoT & cloud services

Road transport tech
₹68.38 crFY 2024-25
+14%2024–2025
866+51% 12 mo to Jun 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026
50 of 670 companies shown here · the full list is on Radar
Fliar Radar

Explore all 670 auto tech companies in Karnataka on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open auto tech in Karnataka on Radar
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Explore auto tech companies in Karnataka by what you are looking for

Find auto tech companies in Karnataka, from electric vehicle makers to automotive software companies in Bangalore. Browse auto tech startups in Karnataka and companies that are hiring.

7 ways to explore auto tech in Karnataka

Electric vehicle makers & EV charging companiesRide hailing, car rental & mobility platformsCar buying, repair & auto services platformsFleet management, telematics & connected vehicle companiesListed auto tech companies in KarnatakaAuto tech startups in Karnataka

Electric vehicle makers & EV charging companies

Electric two-wheeler makers, charging networks and battery swapping providers.

  1. Ola Electric

    Manufacturer of electric scooters, motorcycles, and energy storage solutions

    Electric vehicles
    See in list
  2. Ather Energy

    Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories

    Electric vehicles
    See in list
  3. Greaves Electric Mobility

    Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation

    Electric vehicles
    See in list
  4. SUN Mobility

    Provider of battery swapping services for electric vehicles and related infrastructure

    Electric vehicles
    See in list
  5. Yulu

    Platform offering shared electric two-wheeler rentals

    Road transport tech
    See in list

Ride hailing, car rental & mobility platforms

Cab, bike taxi, self-drive rental and public transport platforms.

  1. Rapido

    Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides

    Road transport tech
    See in list
  2. e2E Rail

    Provider of rail engineering services for signaling, telecom, electrification, and track systems

    Road transport tech
    See in list
  3. VTT Mobility

    Provider of customized transportation solutions for diverse sectors

    Logistics tech
    See in list
  4. Radiant Info Systems

    Provider of tech-enabled solution

    Smart public transport
    See in list
  5. Rego

    On-demand corporate mobility service provider

    Road transport tech
    See in list

Car buying, repair & auto services platforms

Online car dealers, auto parts sellers, repair and roadside assistance apps.

  1. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  2. ShineXPro

    Online retailer of automotive cleaning, detailing, and protection products

    Auto e-commerce & content
    Website
  3. Turno

    Operator of an online electric vehicle marketplace

    Auto retail & aftersales
    Website
  4. Loan2wheels

    Provider of accessible two-wheeler loans to underserved sectors

    Alternative lending
    Website
  5. Just Signs

    App-based retailer of auto accessories

    Auto e-commerce & content
    Website

Fleet management, telematics & connected vehicle companies

Vehicle tracking, telematics and logistics technology providers.

  1. Izmo

    Provider of automotive e-retailing & marketing solutions

    Marketingtech
    See in list
  2. Zenplus Fleet

    Company providing fleet management solutions for transportation and logistics services

    Connected vehicles
    See in list
  3. LightMetrics

    Provider of video telematics solutions for telematics service providers

    Road transport tech
    See in list
  4. iTriangle

    Vehicle tracking and monitoring solutions for businesses

    Logistics tech
    See in list
  5. Brigosha Technologies

    Automotive Embedded Solutions

    Logistics tech
    See in list

Listed auto tech companies in Karnataka

Publicly listed auto tech companies in Karnataka.

  1. Ola Electric

    Manufacturer of electric scooters, motorcycles, and energy storage solutions

    Electric vehicles
    See in list
  2. Ather Energy

    Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories

    Electric vehicles
    See in list
  3. Izmo

    Provider of automotive e-retailing & marketing solutions

    Marketingtech
    See in list
  4. e2E Rail

    Provider of rail engineering services for signaling, telecom, electrification, and track systems

    Road transport tech
    See in list
  5. Zoomcar

    Provider of a self-drive car rental platform

    Road transport tech
    See in list
5 companies in Karnataka

Auto tech startups in Karnataka

Recently founded auto tech startups in Karnataka.

  1. Zenplus Fleet

    Company providing fleet management solutions for transportation and logistics services

    Connected vehicles
    See in list
  2. Indofast Energy

    Operator of battery swapping network for electric vehicles and retrofits

    Electric vehicles
    See in list
  3. Fabric IoT

    Provider of data and energy infrastructure for electric vehicle charging

    Iot applications
    See in list
  4. Zeno

    Provider of high-performance electric mobility solutions

    Electric vehicles
    See in list
  5. ShineXPro

    Online retailer of automotive cleaning, detailing, and protection products

    Auto e-commerce & content
    Website
151 companies in Karnataka

Auto tech companies hiring in Karnataka

Auto tech companies in Karnataka with open roles right now.

  1. Ola Electric

    Manufacturer of electric scooters, motorcycles, and energy storage solutions

    Electric vehicles
    See in list
  2. ACKO

    Provider of car, bike, health, life, and travel insurance policies

    Auto e-commerce & content
    See in list
  3. Ather Energy

    Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories

    Electric vehicles
    See in list
  4. Greaves Electric Mobility

    Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation

    Electric vehicles
    See in list
  5. Izmo

    Provider of automotive e-retailing & marketing solutions

    Marketingtech
    See in list
43 companies in Karnataka
Mobile reach

Top 10 auto tech apps from Karnataka

The most-installed Android apps published by auto tech companies headquartered in Karnataka — 298.9M installs between them. 158 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Rapido: Bike-Taxi, Auto & Cabs

by Rapido

Installs214.3M
Rating4.784.2M ratings
Last updatedJun 2026
View on Google Play ↗
Rapido: Bike-Taxi, Auto & Cabs screenshot 1Rapido: Bike-Taxi, Auto & Cabs screenshot 2Rapido: Bike-Taxi, Auto & Cabs screenshot 3Rapido: Bike-Taxi, Auto & Cabs screenshot 4Rapido: Bike-Taxi, Auto & Cabs screenshot 5Rapido: Bike-Taxi, Auto & Cabs screenshot 6
2

ACKO Insurance

by ACKO

Installs20.5M
Rating4.55380K ratings
Last updatedJun 2026
View on Google Play ↗
ACKO Insurance screenshot 1ACKO Insurance screenshot 2ACKO Insurance screenshot 3ACKO Insurance screenshot 4ACKO Insurance screenshot 5ACKO Insurance screenshot 6
3

Zoomcar: Car rental for travel

by Zoomcar

Installs19.1M
Rating3.15239K ratings
Last updatedMay 2026
View on Google Play ↗
Zoomcar: Car rental for travel screenshot 1Zoomcar: Car rental for travel screenshot 2Zoomcar: Car rental for travel screenshot 3Zoomcar: Car rental for travel screenshot 4Zoomcar: Car rental for travel screenshot 5Zoomcar: Car rental for travel screenshot 6
5

Namma Yatri - Ride Booking App

by Namma Yatri

Installs9.8M
Rating4.88478K ratings
Last updatedMay 2026
View on Google Play ↗
Namma Yatri - Ride Booking App screenshot 1Namma Yatri - Ride Booking App screenshot 2Namma Yatri - Ride Booking App screenshot 3Namma Yatri - Ride Booking App screenshot 4Namma Yatri - Ride Booking App screenshot 5Namma Yatri - Ride Booking App screenshot 6
6

Yulu - EVs for Rides & Rentals

by Yulu

Installs8.9M
Rating4.08151K ratings
Installs, year on year+17%
Last updatedMay 2026
View on Google Play ↗
Yulu - EVs for Rides & Rentals screenshot 1Yulu - EVs for Rides & Rentals screenshot 2Yulu - EVs for Rides & Rentals screenshot 3Yulu - EVs for Rides & Rentals screenshot 4Yulu - EVs for Rides & Rentals screenshot 5
7

Quick Ride- Cab Taxi & Carpool

by Quick Ride

Installs5.6M
Rating4.54104K ratings
Installs, year on year+18%
Last updatedJun 2026
View on Google Play ↗
Quick Ride- Cab Taxi & Carpool screenshot 1Quick Ride- Cab Taxi & Carpool screenshot 2Quick Ride- Cab Taxi & Carpool screenshot 3Quick Ride- Cab Taxi & Carpool screenshot 4Quick Ride- Cab Taxi & Carpool screenshot 5Quick Ride- Cab Taxi & Carpool screenshot 6
8

Tummoc: Bus & Metro Ticketing

by Tummoc

Installs3.9M
Rating5.0151K ratings
Installs, year on year+22%
Last updatedApr 2026
View on Google Play ↗
Tummoc: Bus & Metro Ticketing screenshot 1Tummoc: Bus & Metro Ticketing screenshot 2Tummoc: Bus & Metro Ticketing screenshot 3Tummoc: Bus & Metro Ticketing screenshot 4Tummoc: Bus & Metro Ticketing screenshot 5Tummoc: Bus & Metro Ticketing screenshot 6
10

DriveU: Hire Driver for Car

by DriveU

Installs3.2M
Rating4.6229K ratings
Last updatedMay 2026
View on Google Play ↗
DriveU: Hire Driver for Car screenshot 1DriveU: Hire Driver for Car screenshot 2DriveU: Hire Driver for Car screenshot 3DriveU: Hire Driver for Car screenshot 4DriveU: Hire Driver for Car screenshot 5DriveU: Hire Driver for Car screenshot 6
The business behind the activity

Auto tech financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 240 auto tech companies in Karnataka for FY24-25 — 322 of the 670 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 54% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹8,659.01 cr

240 companies filing accounts

combined net profit−₹2,740.27 cr

-31.6% aggregate margin

are profitable36%

86 of 240 companies

median revenue~₹2.0 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five54%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,389.65 crFY19-20150 filers
₹1,813.10 crFY20-21188 filers
₹3,216.16 crFY21-22204 filers
₹6,648.11 crFY22-23218 filers
₹7,106.21 crFY23-24240 filers
₹8,659.01 crFY24-25240 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 177 companies over three years

+25%
FY22-23₹6,340.22 cr−₹2,417.26 cr net
FY23-24₹6,266.38 cr−₹3,312.01 cr net
FY24-25₹7,948.67 cr−₹2,246.25 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr9529% profitable
₹1–10 cr7235% profitable
₹10–100 cr5646% profitable
₹100–1,000 cr1644% profitable
Over ₹1,000 cr10% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking73
0–20%34
20–50%30
50–100%24
Doubled+46

207 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

86profitable
154loss-making
-31.6%aggregate margin
-15.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Physics MotorsPHYSICS MOTORS TECHNOLOGY PRIVATE LIMITED+542%₹10.81 cr
PravaigPRAVAIG DYNAMICS PRIVATE LIMITED
Simpl EnergySIMPLEENERGY PRIVATE LIMITED
ElectricPeWATTAPP TECHNOLOGIES PRIVATE LIMITED+348%₹13.29 cr
Emo EnergyMESTIS ENERGY PRIVATE LIMITED
ShoffrSHOFFR MOBILITY PRIVATE LIMITED₹20.90 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
IzmoIZMO LIMITED30.9%₹79.05 cr
CamComCAMCOM TECHNOLOGIES PRIVATE LIMITED
PravaigPRAVAIG DYNAMICS PRIVATE LIMITED
MaxEye TechMAXEYE TECHNOLOGIES PRIVATE LIMITED
RegoREGALINDIA TOURS AND TRAVELS PRIVATE LIMITED11.7%₹113.80 cr
LightMetricsLIGHTMETRICS TECHNOLOGIES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles71₹3,905.22 cr~₹1.0 cr28%-47.3%
Road transport tech57₹2,964.68 cr~₹4.5 cr42%-17.4%
Auto e-commerce & content21₹361.05 cr~₹5.9 cr14%-71.5%
Logistics tech9₹347.85 cr~₹4.9 cr89%4.1%
Energy storage tech17₹217.31 cr~₹1.5 cr24%-42.0%
Connected vehicles10₹136.12 cr~₹3.1 cr60%-4.7%
Auto it11₹81.25 cr~₹1.7 cr64%-0.4%
Auto components7₹36.87 cr~₹1.7 cr14%-33.7%
Leaders

Largest auto tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Ather EnergyAther Energy Limited₹2,305.20 cr−₹812.30 cr-35.2%+29%
RapidoROPPEN TRANSPORTATION SERVICES PRIVATE LIMITED₹979.22 cr−₹240.17 cr-24.5%+41%
MoveInSyncMOVEINSYNC TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹548.38 cr₹95.00 lakh0.2%+25%
Greaves Electric MobilityGreaves Electric Mobility Limited₹471.90 cr−₹174.10 cr-36.9%+1%
SUN MobilitySun Mobility Private Limited₹334.84 cr−₹92.43 cr-27.6%+17%
e2E RailE TO E TRANSPORTATION INFRASTRUCTURE LIMITED₹249.45 cr₹13.65 cr5.5%+49%
YuluYULU BIKES PRIVATE LIMITED₹228.63 cr−₹108.56 cr-47.5%+99%
VTT MobilityVTT MOBILITY PRIVATE LIMITED₹217.13 cr₹13.73 cr6.3%+11%
ACKOACKO TECHNOLOGY & SERVICES PRIVATE LIMITED₹207.57 cr−₹208.54 cr-100.5%+14%
Ola ElectricOla Electric Mobility Limited₹195.00 cr−₹40.00 cr-20.5%-3%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Auto Tech Industry Landscape of India

The financials above are one chapter. The full auto tech landscape of Karnataka maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the auto tech landscape of Karnataka
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Auto tech funding and M&A across India

2,153 recorded equity rounds have gone to 6,736 auto tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Karnataka compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months64

US$854.81m

equity rounds, last 24 months241

US$3.25bn

raised over five yearsUS$11.32bn

1,133 rounds in India

M&A deals, Karnataka27

last 24 months

Capital by year

Equity funding into auto tech in India

amount rounds
$732m2018145
$1.6bn2019193
$660m2020150
$2.9bn2021249
$2.5bn2022257
$1.8bn2023205
$1.1bn2024233
$2.5bn2025157
$540m202632

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.85bn across 249 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$63.54m188 rounds · median US$110k
SeedUS$732.38m602 rounds · median US$420k
Series AUS$1.42bn177 rounds · median US$5.40m
Series BUS$1.23bn72 rounds · median US$12.50m
Series CUS$1.49bn37 rounds · median US$29.96m
Series D+US$6.02bn51 rounds · median US$60.70m
Private equityUS$144.81m2 rounds · median US$144.81m
Where the money went · five years

Most-funded sub-sectors

Electric vehiclesUS$5.50bn455 rounds · 172 companies
Auto e-commerce & contentUS$2.24bn148 rounds · 54 companies
Road transport techUS$1.84bn195 rounds · 72 companies
Auto retail & aftersalesUS$718.41m34 rounds · 15 companies
Energy storage techUS$370.79m98 rounds · 41 companies
Alternative lendingUS$123.20m15 rounds · 9 companies
Smart public transportUS$109.80m6 rounds · 2 companies
Corporate activity · last 24 months

M&A in Karnataka

23Acquisition
2Merger
1Announced

Most active acquirers

  1. Prosus5
  2. Abeo3
  3. Goengineer1
  4. Na1
  5. Tvs motor company1

Most acquired or merged

  1. Rapido11
  2. Vogo4
  3. Ather energy2
  4. Ska1
  5. Izmo Ltd1

Each deal appears in the events strip at the top of the page.

Go deeper in the auto tech landscape reports:

Auto Tech Industry Landscape of India

Auto tech funding in Karnataka

161 auto tech companies in Karnataka have recorded equity funding, US$8.74bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind auto tech companies in Karnataka. 443 of 670 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka auto tech companies by sub-sector

The most common specialisations among auto tech companies in Karnataka. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring auto tech in India and nearby markets.

Coming soon