Best Auto Tech Companies in Punjab, India
The 35 best Auto Tech companies in Punjab, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: EVage Motors.
Our analysis of 50 Auto Tech companies
$6.6b in tracked funding; 84% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Auto Tech companies in Punjab
| # | Company | Revenue | Disclosed funding | Employees | Founded | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Cars24.in Online classified portal for new & pre-owned cars | $752M FY2025 | — | 2,553 | 2007 | — | — | — |
| 2 | Vehicle Tracking System GPS vehicle tracking solutions provider | $16M FY2025 | — | 2,832 | 2011 | — | — | — |
| 3 | Wavex Auto Car Online retailer of car and bike cleaning and detailing products | $3M FY2025 | — | 70 | 2017 | Cart FunctionalityShopifyAmazon Web Services+19 | Top 500k | — |
| 4 | Vegh Manufacturer of powerful electric scooters | $3M FY2025 | $5M | — | 2021 | — | — | — |
| 5 | Jugnoo On-demand ride-sharing platform through its aggregation of auto rickshaws | $2M FY2025 | $17M | 69 | 2014 | Cart FunctionalityFacebook LoginGoogle Sign-in+23 | Top 5M | — |
| 6 | DealerMatix AI & cloud-driven business management solution for the automotive industries | $2M FY2024 | — | — | 2021 | WordPressApple iCloud MailMicrosoft 365+18 | Top 10M | — |
| 7 | eontel.com Transportation management system | $1M FY2022 | — | 72 | 1999 | — | — | — |
| 8 | EVage Motors Manufacturer of electric cargo trucks | $1M FY2023 | $33M | 130 | 2014 | — | — | — |
| 9 | FleetSafe V2X solutions for traffic management | $828K FY2025 | — | — | 2021 | — | — | — |
Top 6 Auto Tech companies in Punjab
#1
Seed · Dera Bassi, Punjab · founded 2014 · 130 employees$32.8Mraised▾
Developer of mobility technology designed to serve as an affordable common architecture for SUVs, vans, delivery vehicles, or trucks. The company's technology offers an exoskeleton structure, aluminum composite shell, active safety crash system, battery swapping system, motor controller and modular suspension, enabling automobile companies to reduce the complexity of EV production.
#2
Seed · Bathinda, Punjab · founded 2021$5Mraised▾
Manufacturer of powerful electric scooters. The company offers products that includes vegh S25, vegh L25, and vegh S60. Its features include range of 120km, 75km per hour top speed, and more.
- Jul 2023Seed$5M
#3
Series B · Sahibzada Ajit Singh Nagar, Punjab · founded 2014 · 69 employees$16.9Mraised▾
On-demand ride-sharing platform through its aggregation of auto rickshaws. It provides a digital platform for managing transportation businesses, offering tools to automate and optimize operations, and also operates an on-demand ride-sharing service aggregating auto rickshaws in India.
- 2017Grant (prize money)—
- Mar 2016Series B$5.5M
- Feb 2016Angel—
- Nov 2015Series B$5.5M
#4
Funding Raised · Rupnagar, Punjab · founded 2021—raised▾
Developer of trackers,EV chargers, and controllers. It provides users with a startup that develops cutting-edge FPGA controllers, AI-powered surveillance systems, and GPS tracking solutions. The company leverages its expertise in AI engineering to create innovative hardware and software solutions for various industries.
- Jul 2023Grant (prize money)—
#5
Seed · Punjab · founded 2020 · 7 employees—raised▾
Online P2P platform offering car rental services. The platform enables users to list their vehicles and interested users can rent the vehicles of their preferences in their vicinity. It offers features like online payments, wide range of cars, etc.
- Feb 2022Seed—
#6
Seed · Patiala, Punjab · founded 2018$244.1Kraised▾
Provider of AI and IoT-enabled smart mobility solutions. It offers an IoT device that utilises artificial intelligence and CCTV camera data to understand the mobility patterns and ensure the smooth movement of vehicles in real-time. Its features include automatic number plate recognition, overspeed and red light violation detection, and location identification for advertisement boards placements.
- Feb 2020Angel—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.
- 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
- Convolutional neural network1→21
- Advanced driver assistance systems1→19
- Pattern recognition (psychology)1→17
- Benchmark (surveying)1→8
- Global Positioning System1→7
- Computer vision2→60
- Object detection1→44
- Automotive engineering1→29
- Convolutional neural network2→20
- Segmentation1→15
- Humanities1→12
- Philosophy1→7
- Human–computer interaction1→6
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.
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.
- Wipro98
- Tata Consultancy Services19
- Cadila Healthcare9
- Indian INST Scient7
- TEGA IND7
- The HI TECH Robotic Systemz6
- Saroj Vanijya5
- CSIR5
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.