Company lists
The Madhya Pradesh edition · 2026

Auto techcompanies in Madhya Pradesh

Electric vehicles, fleet & logistics, bus & ride hailing, car services & parts, automotive software and more: the companies building auto tech in Madhya Pradesh, with their founders, funding, team size and business models.

84 company profiles18 with reported revenue3 with recorded fundingOctober 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent auto tech business events in India

Funding, M&A, contract wins and launches involving 6,736 auto tech companies in India, last 24 months: 169 funding rounds · 85 Contracts · 80 M&A deals · 77 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingCorporate Investment

Cars24

Cars24 is making a significant and strategic pivot, pouring $20 million into a groundbreaking new artificial intelligence initiative dubbed Cars24 Labs.

Investors Cars24
Artificial Intelligence
FundingInvestment

Olectra greentech

OLECTRA GREENTECH is lining up a fresh investment of nearly ₹700 crore as it looks to deepen localisation, expand its electric bus and truck portfolio.

Electric commercial vehicle
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
M&AAcquisition · Announced

Kpit technologies acquires Cymotive

KPIT Technologies ... announced that it has entered into an agreement to acquire a majority stake (subject to achievement of specific milestones) in Cymotive, a leading automotive…

Automotive cybersecurity
M&AAcquisition · Announced

Kpit technologies acquires Maj Jorites Tech

KPIT Technologies announced on Wednesday that it is acquiring Maj Jorites Tech from Israeli firm Symotive to strengthen its capabilities in AI-based automotive cybersecurity.

AI-based automotive cybersecurity
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
M&AAcquisition · Announced

Crossroads acquires Rox-ex Pty Ltd.

Crossroads Gold Corp. is pleased to announce that it has entered into a definitive agreement dated April 23, 2026 to acquire 100% of the issued and outstanding shares of Rox-ex Pty Ltd.

Gold exploration
ContractSupply

Emni · client: Advantex Battery

EMNI announced on April 21 that it has signed a lithium‑ion cell supply contract ... with ADVANTEX Battery.

Battery
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
FundingSeries F

Spinny

Valuedrive Technologies Private Limited, dba Spinny, has raised approximately $340 million across its Series F and its Series G fundraises.

Investors Accel Leaders Fund, Westbridge, Elevation capital, Think Investments
Used car platform
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
Launch

Bijliride

Bijliride has introduced a software-as-a-service platform designed to help enterprises manage electric vehicle fleets, marking the startup's expansion into B2B technology solutions.

Fleet management
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.

ContractSupply

Citroën · client: Cab-e

Citroën has signed a Memorandum of Understanding (MoU) with urban e-mobility firm Cab-E, to introduce over 2000 Citroën ë-C3 EVs in Cab-E’s fleet in the Mumbai and Pune region, this year.

LaunchOtua

Dandera ventures

EV start-up Dandera Ventures today launched Otua, an electric three-wheeler designed for cargo transportation.

Electric three-wheeler
LaunchHiLoad EV

Euler motors

Electric commercial vehicle company Euler Motors today launched its first cargo three-wheeler, the HiLoad EV.

Electric commercial vehicle
LaunchELCV

E-Trio

Telengana-based electric vehicle start-up e-Trio today launched India’s first certified retrofitted electric light commercial vehicle (eLCV).

Electric Light Commercial Vehicle
LaunchKinetic DX

Kinetic group

The launch of the Kinetic DX in the two‑wheeler EV segment is the most visible marker of this shift.

Two‑wheeler EV
ContractSupply

Olectra greentech · client: Brihan Mumbai Electric Supply & Transport Undertaking (BEST)

Olectra Greentech Ltd has been awarded a contract from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for supply of 2,400 electric buses.

Funding

Euler motors

Last month, electric commercial vehicle maker Euler Motors also raised ₹437.5 Cr in a round led by Lightrock, with participation from existing investors Hero MotoCorp and Blume Ventures.

M&AAcquisition · Announced

Tube Investments acquires Infraprime logistics technologies

Murugappa Group engineering company Tube investments of India acquired 65.2% stake in InfraPrime Logistics Technologies (IPLTech), a heavy-duty electric vehicle (EV) manufacturing…

Heavy-duty electric vehicle manufacturing startup
FundingSeries A

Bacancy Systems

Engineering startup Bacancy Systems raised $4.31 million in a Series A round.

Engineering
ContractGovernment

SCharge · client: Technology Development Board

the government body entered an agreement with Scharge Private Limited to develop a next‑generation electric vehicle charging solution for commercial fleet and depot operations under the…

Industrial sustainability, EV charging infrastructure
ContractInfrastructure

Dhabriya polywood · client: Indian Company

Dhabriya Polywood has received the work order worth Rs 34.81 crore (including GST) from Indian Company for Aluminium doors-windows & facade works.

Infrastructure
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
FundingSeries A

Bacancy Systems

Bacancy Systems has raised ₹400 million in a Series A funding round led by Sabre Partners and Greenstone Capital, with both investors acquiring minority stakes through primary…

Embedded electronics and power systems for electric vehicles and railway applications

Auto tech companies in Madhya Pradesh, by funding and team

Few auto tech companies in Madhya Pradesh publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 84 active companies.

Showing 25 of 50

Autonomous driving conversion kits for vehicles

Autonomous vehicles
US$7.11mAngel · Jun 2024
110LinkedIn · Jul 2026
Subscription
11 yr2015
0none in 3 months

AutoRickshaw Aggregator

Road transport tech
US$2.00mSeed · May 2015
—Not available
Commission on transaction / Subscription
13 yr2013
0none in 3 months

Platform for buying and selling pre-owned tractors

Auto e-commerce & content
US$1.20mSeed · Apr 2025
22LinkedIn · Jul 2026
Commission on transaction / E-commerce - product
4 yr2022
0none in 3 months · last posted Jun 2026

Manufacturing cost & control solution for automotive OEMs

Auto it
—None recorded
258-8% 12 mo to Oct 2023recorded Oct 2023
Subscription
8 yr2018
0none in 3 months

Intercity bus booking platform

Online travel
—None recorded
17+0% 12 mo to Sep 2024recorded Sep 2024
Fee-for-service
41 yr1985
0none in 3 months

Provider of battery swapping infrastructure for electric vehicles and consultation

Electric vehicles
—None recorded
15LinkedIn · Jul 2026
Commission on transaction / E-commerce - product
8 yr2018
0none in 3 months

Developer of battery packs for electric vehicles

Energy storage tech
—None recorded
—Not available
Physical commerce
5 yr2021
0none in 3 months

Online platform providing bike taxi services

Road transport tech
—None recorded
—Not available
Advertising / Commission on transaction
10 yr2016
—No postings tracked

Manufacturer of electric scooters

Electric vehicles
—None recorded
11LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
4 yr2022
0none in 3 months

App-based platform for automotive repair services

Local services
—None recorded
—Not available
E-commerce - service / Fee-for-service
11 yr2015
0none in 3 months

Provider of AI-based solutions for facility and traffic management

Smart cities
—None recorded
15LinkedIn · Jul 2026
Subscription
8 yr2018
1postings · last posted Aug 2026

Manufacturer of electric two-wheeled vehicles offering diverse models and powertrain solutions

Electric vehicles
—None recorded
6LinkedIn · Jul 2026
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

Manufacturer of electric scooters and vehicles

Electric vehicles
—None recorded
—Not available
E-commerce - product / Physical commerce
13 yr2013
0none in 3 months

Manufacturer of electric rickshaws

Electric vehicles
—None recorded
10LinkedIn · Jul 2026
E-commerce - product / Physical commerce
9 yr2017
0none in 3 months

Manufacturer of electric cars

Electric vehicles
—None recorded
—Not available
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Provider of on-demand charging services

Electric vehicles
—None recorded
—Not available
Fee-for-service
5 yr2021
0none in 3 months

AI-enabled app-based ride-hailing platform

Road transport tech
—None recorded
1LinkedIn · Jul 2026
Commission on transaction / Subscription
7 yr2019
0none in 3 months

App for automobile servicing

Auto e-commerce & content
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
12 yr2014
0none in 3 months

App-based garage aggregator & marketplace for used cars & auto parts

Local services
—None recorded
3LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
7 yr2019
0none in 3 months

Provider of electric vehicle charging solutions

Energy storage tech
—None recorded
14LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
11 yr2015
0none in 3 months

An online retailer of drones and accessories

Drones
—None recorded
100LinkedIn · Jul 2026
E-commerce - product
8 yr2018
0none in 3 months

SaaS-driven integrated solutions for fleet management & vehicle tracking

Road transport tech
—None recorded
—Not available
Subscription
11 yr2015
—No postings tracked

Self-driven vehicle rental service provider

Road transport tech
—None recorded
—Not available
Commission on transaction / E-commerce - service
6 yr2020
—No postings tracked

Provider of a search-based platform for e-bicycles

Electric vehicles
—None recorded
2LinkedIn · Jul 2026
Advertising / Commission on transaction
12 yr2014
0none in 3 months

Provider of tech-enabled comprehensive toll management solutions

Road transport tech
—None recorded
—Not available
Fee-for-service
16 yr2010
—No postings tracked
50 of 84 companies shown here · the full list is on Radar
Fliar Radar

Explore all 84 auto tech companies in Madhya Pradesh on Radar

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

Open auto tech in Madhya Pradesh on Radar
  • Every company, not just 50All 84 auto tech companies in Madhya Pradesh, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore auto tech companies in Madhya Pradesh by what you are looking for

Find auto tech companies in Madhya Pradesh across electric vehicles, fleet tracking, bus booking and car services. See auto tech startups in Madhya Pradesh and the top auto tech companies by category.

7 ways to explore auto tech in Madhya Pradesh

Electric vehicle makers & charging companiesFleet management & vehicle tracking companiesBus booking, ride hailing & mobility platformsCar repair, spare parts & used vehicle platformsAutomotive software & IT providersAuto tech startups in Madhya Pradesh

Electric vehicle makers & charging companies

Makers of electric scooters and rickshaws, plus battery and charging providers.

  1. Enigma

    Manufacturer of electric two-wheeled vehicles offering diverse models and powertrain solutions

    Electric vehicles
    See in list
  2. Xero

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  3. eSavari

    Manufacturer of electric rickshaws

    Electric vehicles
    See in list
  4. EV Cosmos

    Provider of electric vehicle charging solutions

    Energy storage tech
    See in list
  5. Phot1E

    Developer of battery packs for electric vehicles

    Energy storage tech
    See in list

Fleet management & vehicle tracking companies

GPS tracking, fleet software and logistics technology for vehicle owners.

  1. Hypertrack Services

    SaaS-based end-to-end fleet management solutions for fleet operators

    Road transport tech
    See in list
  2. APNAGPS

    SaaS-driven integrated solutions for fleet management & vehicle tracking

    Road transport tech
    See in list
  3. Geotracz

    GPS tracking solution provider

    Logistics tech
    See in list
  4. FleetPro

    Provider of GPS-based fleet tracking and management software

    Logistics tech
    Website
  5. Track Infinity

    GPS based vehicle tracking solutions

    Road transport tech
    Website

Bus booking, ride hailing & mobility platforms

Online bus ticketing, cab and bike taxi platforms for getting around.

  1. Hans Travel

    Intercity bus booking platform

    Online travel
    See in list
  2. Bike4Everything

    Online platform providing bike taxi services

    Road transport tech
    See in list
  3. Pride Cabs

    AI-enabled app-based ride-hailing platform

    Road transport tech
    See in list
  4. TeleRickshaw

    AutoRickshaw Aggregator

    Road transport tech
    See in list
  5. Indore Travels

    Online intercity bus ticket booking platform

    Online travel
    See in list

Car repair, spare parts & used vehicle platforms

Apps for auto repair, parts and accessories, and buying or selling used vehicles.

  1. eSavari

    Manufacturer of electric rickshaws

    Electric vehicles
    See in list
  2. Mech Deals

    App-based retailer of auto parts & accessories

    Auto e-commerce & content
    See in list
  3. Oilzo

    App-based platform for automotive repair services

    Local services
    See in list
  4. Yolmate

    App-based garage aggregator & marketplace for used cars & auto parts

    Local services
    See in list
  5. MCG AutoFind

    Online platform connecting experts in various fields in with the general public

    Auto e-commerce & content
    See in list

Automotive software & IT providers

Dealership, workshop and OEM software and connected vehicle technology.

  1. Cost it right

    Manufacturing cost & control solution for automotive OEMs

    Auto it
    See in list
  2. VahanSetu

    Automotive CRM software that enables dealerships to manage leads and customers

    Sales force automation
    Website
  3. Swaayatt Robots

    Autonomous driving conversion kits for vehicles

    Autonomous vehicles
    See in list
  4. Easy Automobile

    Auto workshop management system

    Auto it
    Website
  5. Auto Track

    Provider of GPS tracking and security surveillance system solutions

    Logistics tech
    Website
5 companies in Madhya PradeshAll 94 auto it companies in India →

Auto tech startups in Madhya Pradesh

Newer auto tech companies founded in recent years.

  1. Tractor Factory

    Platform for buying and selling pre-owned tractors

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

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  3. Phot1E

    Developer of battery packs for electric vehicles

    Energy storage tech
    See in list
  4. MCG AutoFind

    Online platform connecting experts in various fields in with the general public

    Auto e-commerce & content
    See in list
  5. 1.5 Degree Celsius

    Provider of on-demand charging services

    Electric vehicles
    See in list
18 companies in Madhya Pradesh

Auto tech companies hiring in Madhya Pradesh

Auto tech companies currently recruiting.

  1. Tractor Factory

    Platform for buying and selling pre-owned tractors

    Auto e-commerce & content
    See in list
  2. Smarg Technologies

    Provider of AI-based solutions for facility and traffic management

    Smart cities
    See in list
  3. Jomoride

    Operator of a platform connecting users with vetted, professional driver services

    Road transport tech
    See in list
3 companies in Madhya Pradesh
Mobile reach

Top 10 auto tech apps from Madhya Pradesh

The most-installed Android apps published by auto tech companies headquartered in Madhya Pradesh — 1.3M installs between them. 20 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Hans Travels

by Hans Travel

Installs162K
Rating—
Installs, year on year+28%
Last updatedMay 2026
View on Google Play ↗
Hans Travels screenshot 1Hans Travels screenshot 2Hans Travels screenshot 3Hans Travels screenshot 4Hans Travels screenshot 5Hans Travels screenshot 6
3

Mech Deals- Car Spare Parts

by Mech Deals

Installs67K
Rating3.0390 ratings
Last updatedNov 2023
View on Google Play ↗
Mech Deals- Car Spare Parts screenshot 1Mech Deals- Car Spare Parts screenshot 2Mech Deals- Car Spare Parts screenshot 3Mech Deals- Car Spare Parts screenshot 4Mech Deals- Car Spare Parts screenshot 5Mech Deals- Car Spare Parts screenshot 6
6

IZI GO

by IZI

Installs26K
Rating—
Last updatedMay 2025
View on Google Play ↗
IZI GO screenshot 1IZI GO screenshot 2IZI GO screenshot 3IZI GO screenshot 4IZI GO screenshot 5IZI GO screenshot 6
9

EV COSMOS - EV charging mobile

by EV Cosmos

Installs9K
Rating—
Last updatedOct 2025
View on Google Play ↗
EV COSMOS - EV charging mobile screenshot 1EV COSMOS - EV charging mobile screenshot 2EV COSMOS - EV charging mobile screenshot 3EV COSMOS - EV charging mobile screenshot 4EV COSMOS - EV charging mobile screenshot 5EV COSMOS - EV charging mobile screenshot 6
The business behind the activity

Auto tech financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 15 auto tech companies in Madhya Pradesh for FY24-25 — 19 of the 84 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹146.28 cr

15 companies filing accounts

combined net profit₹8.86 cr

6.1% aggregate margin

are profitable53%

8 of 15 companies

median revenue~₹59 lakh

the typical company

median revenue growth+56%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹103.65 crFY19-2010 filers
₹73.24 crFY20-2113 filers
₹101.28 crFY21-2215 filers
₹129.47 crFY22-2317 filers
₹141.40 crFY23-2416 filers
₹146.28 crFY24-2515 filers

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

Like-for-like

The same 14 companies over three years

+29%
FY22-23₹113.20 cr₹2.72 cr net
FY23-24₹125.95 cr₹3.94 cr net
FY24-25₹146.27 cr₹8.86 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 cr1136% profitable
₹1–10 cr1100% profitable
₹10–100 cr2100% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking4
0–20%2
20–50%1
50–100%4
Doubled+4

15 companies with accounts for both years; median growth +56%.

Profitability

Profit is concentrated at the top

8profitable
7loss-making
6.1%aggregate margin
0.4%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
Tractor FactorySS TRACTOR FACTORY PRIVATE LIMITED+202%₹12.88 cr
EnigmaENIGMA AUTOMOBILES PRIVATE LIMITED+83%₹13.12 cr
Hans TravelHANS TRAVELS (I) PRIVATE LIMITED+4%₹114.42 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Hans TravelHANS TRAVELS (I) PRIVATE LIMITED9.2%₹114.42 cr
EnigmaENIGMA AUTOMOBILES PRIVATE LIMITED6.8%₹13.12 cr
Tractor FactorySS TRACTOR FACTORY PRIVATE LIMITED0.4%₹12.88 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles5₹16.35 cr~₹100 lakh60%5.5%
Leaders

Largest auto tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Hans TravelHANS TRAVELS (I) PRIVATE LIMITED₹114.42 cr₹10.49 cr9.2%+4%
EnigmaENIGMA AUTOMOBILES PRIVATE LIMITED₹13.12 cr₹89.19 lakh6.8%+83%
Tractor FactorySS TRACTOR FACTORY PRIVATE LIMITED₹12.88 cr₹5.36 lakh0.4%+202%
XeroANANTSHREE VEHICLES PRIVATE LIMITED₹1.77 cr₹6.08 lakh3.4%+382%
eSavariE Savari Rentals Private Limited₹99.72 lakh−₹7.35 lakh-7.4%-22%
Hypertrack ServicesFRONTCREW TECHNOLOGIES PRIVATE LIMITED
Smarg TechnologiesSMARG TECHNOLOGIES PRIVATE LIMITED₹58.82 lakh₹4.09 lakh6.9%+72%
EV CosmosCOSMOS SYSTEM INTEGRATORS PRIVATE LIMITED₹58.70 lakh₹0.45 lakh0.8%+1%
EV UrjaaEV URJAA PRIVATE LIMITED₹45.17 lakh₹1.74 lakh3.9%+83%
Swaayatt RobotsSWAAYATT ROBOTS PRIVATE LIMITED₹28.23 lakh−₹2.34 cr-827.5%+56%
Some figures are available to Radar members.Log in to Radar to see every figure

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 Madhya Pradesh 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 Madhya Pradesh
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 Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months57

US$788.98m

equity rounds, last 24 months231

US$3.20bn

raised over five yearsUS$11.32bn

1,133 rounds in India

M&A deals, India80

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 India

74Acquisition
3Merger
2Announced

Most active acquirers

  1. Kpit technologies16
  2. Prosus5
  3. Jupiter Electric Mobility4
  4. Cars243
  5. Abeo3

Most acquired or merged

  1. Rapido11
  2. Vogo4
  3. A-1 sureja industries3
  4. Ather energy2
  5. Gtropy2

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

Founders and momentum in Madhya Pradesh

Meet the people behind auto tech companies in Madhya Pradesh. 31 of 84 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh auto tech companies by sub-sector

The most common specialisations among auto tech companies in Madhya Pradesh. 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.

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