Company lists
The Mumbai edition · 2026

Road transport techcompanies in Mumbai

Fleet & logistics, car rental & travel, parking & smart cities, EVs & subscriptions, public transit and more: the companies building road transport tech in Mumbai, Maharashtra, with their founders, funding, team size and business models.

121 company profiles34 with reported revenue16 with recorded fundingOctober 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent road transport tech business events in India

Funding, M&A, contract wins and launches involving 2,948 road transport tech companies in India, last 24 months: 43 funding rounds · 23 M&A deals · 20 Contracts · 7 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

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
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.

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
M&AAcquisition · Completed

The Broker Investment Group (TBIG) acquires U drive

TBIG has completed its largest acquisition to date with a 75% stake of Sunbury-on-Thames-based U Drive.

Insurance Brokerage
Funding

Namma yatri

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

Ride-hailing firm
FundingSeed

Six Sense Mobility

Six Sense Mobility Consumer > Road Transport Tech Delhi $4.8M Seed Piper Serica

Investors Piper Serica
Road Transport Tech
ContractGovernment

Na · client: Maharashtra

Maharashtra signed MoUs worth over ₹10,880 cr including solar manufacturing, in Vidarbha, including a ₹10,080 cr integrated solar and BESS manufacturing plant in Nagpur.

Solar, Manufacturing, BESS
Funding

Hala mobility

Hala Mobility, India’s leading EV as a service platform, has secured a landmark investment and strategic equity + debt support of INR 12.25 crore following its appearance on the premiere…

EV as a service platform
M&AAcquisition · Announced

Uber india acquires Everest fleet

Uber India Systems Private Limited (“Uber”) is an existing shareholder of Everest Fleet Private Limited (“Company”) and has acquired additional convertible instruments in the Company.

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
ContractGovernment

Starlink · client: Maharashtra

Starlink’s rollout focuses on underserved and remote regions, with interest from state governments like Maharashtra, which signed an LoI to deploy Starlink for rural and critical…

Telecommunications
LaunchFleetEase.ai

Zypp electric

Gurgaon, December 04, 2025 – Zypp Electric today announced the official launch of FleetEase.ai, touted as India’s most advanced Fleet Management Platform.

Fleet Management Platform
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
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&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
FundingSecondary sale

Rapido

TVS Motor said in a stock exchange filing that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million) to Accel and Prosus’ investment unit, MIH Investments,…

Investors Accel, Prosus’ MIH Investments
Ride‑hailing
FundingSeries D

Intrcity smartbus

IntrCity SmartBus, a tech-enabled intercity bus network platform, has raised ₹2.5 billion in a Series D funding round led by venture capital firm A91 Partners, the company announced on…

Investors A91 partners
Transportation
M&AAcquisition · Announced

Abeo acquires Vogo

ABEO issued a communiqué on 24 October 2025 concerning the provision of information on the legal, financial and accounting characteristics of the company. This publication is part of its…

Funding

Greencell mobility

In September, the International Finance Corporation (IFC) announced $137 million in financing for electric bus makers JBM ECOLIFE (a JBM Auto subsidiary) and GreenCell Mobility

Electric bus
FundingBridge round

Snap-e cabs

Snap-E Cabs raised $2.5 Mn (around INR 22 Cr) in a bridge round

EV-only ride-hailing
FundingSeries B

Intangles

Pune-based deep tech company Intangles has secured a fresh USD 30 million in its Series B funding round, led by Avataar Venture Partners with follow-on support from Baring India Private…

Investors Avataar Venture Partners, Baring India Private Equity, Cactus Partners
Automotive AI / Predictive Vehicle Intelligence
LaunchHosting Insights 2025

Zoomcar

Zoomcar ... today unveiled its Hosting Insights 2025

ContractSupply

Maharashtra · client: Na

Maharashtra Seamless Limited has announced a significant order worth approximately Rs. 256 crores for the supply of seamless pipes.

Oil and Gas
M&AAcquisition · Announced

Setu AIF Trust acquires Rapido

Swiggy has decided to sell its stake in Rapido, the bike-taxi operator, through two separate transactions. Shares worth Rs 1,968 crore will go to MIH Investments, a Dutch firm, while…

M&AAcquisition · Completed

Swiggy acquires Rapido

In April 2022, Swiggy had acquired a 12 per cent stake in Rapido (unlisted) for ₹1,000 crore

M&AAcquisition · Announced

MIH Investments acquires Rapido

Swiggy has decided to sell its stake in Rapido, the bike-taxi operator, through two separate transactions. Shares worth Rs 1,968 crore will go to MIH Investments, a Dutch firm, while…

M&AAcquisition · Announced

Westbridge acquires Rapido

While Tencent-backer Prosus NV will buy Rapido shares for Rs 1,968 crore, Westbridge will pick the remaining for Rs 431.5 crore.

Road transport tech companies in Mumbai, by revenue

Browse road transport tech companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 34 companies below are the largest by their most recent reported revenue among 34 road transport tech companies in Mumbai, Maharashtra 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 34

Food delivery from restaurants through cabs

Road transport tech
₹1,368.90 crFY 2024-25
Not reported
1,454recorded
11 yr2015
—No postings tracked

Provider of fleet management services including vehicle rentals and employee mobility

Road transport tech
₹1,265.32 crFY 2024-25
+19%2024–2025
1,320+59% 12 mo to Jun 2024LinkedIn · Jul 2026
10 yr2016
2postings · last posted Sep 2026

Online platform offering app‑based bus tracking and ticketing services

Smart public transport
US$17.44mFY 2023-24
Not reported
747-1% 12 mo to Jul 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of chauffeured vehicle rental services for corporate and personal use

Road transport tech
₹85.15 crFY 2024-25
+15%2024–2025
11LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Platform offering advanced mobility solutions for transportation and infrastructure systems

Road transport tech
₹65.88 crFY 2024-25
+260%2024–2025
15LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Aug 2025

SaaS-driven route scheduling software solutions for employee transport management

Road transport tech
₹43.46 crFY 2024-25
+65%2024–2025
89+243% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Operator of a technology platform providing all-electric vehicle cab booking services

Electric vehicles
₹36.85 crFY 2024-25
+142%2024–2025
44+31% 12 mo to Jun 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Vehicle tracking solutions provider

Road transport tech
₹27.76 crFY 2023-24
-24%2023–2024
94+17% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of zero-emission mobility services through electric vehicle platform

Road transport tech
₹25.08 crFY 2024-25
+16803%2024–2025
122LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Mar 2026

SaaS-based provider of end-to-end fleet management solutions

Trucking
₹20.03 crFY 2024-25
+65%2024–2025
9LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Tech-enabled solutions for car-rental companies

Road transport tech
₹9.68 crFY 2024-25
+58%2024–2025
26LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Online platform offering ridesharing services for office commuting

Road transport tech
₹9.36 crFY 2024-25
+77%2024–2025
11LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of electric two and three-wheeled vehicles for various applications

Road transport tech
₹5.11 crFY 2023-24
-11%2023–2024
104LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Dec 2025

It develops AI-powered software solutions for businesses

Connected vehicles
₹3.45 crFY 2024-25
+67%2024–2025
4+4% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Platform offering on-demand two-wheeler rentals and rent-to-own options

Road transport tech
₹3.18 crFY 2023-24
+6%2023–2024
59+40% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Provider of IoT-enabled parking management solutions

Road transport tech
₹2.45 crFY 2024-25
-3%2024–2025
3-17% 12 mo to Dec 2023LinkedIn · Jul 2026
10 yr2016
0none in 3 months

On-demand chauffeur marketplace

Road transport tech
₹2.06 crFY 2021-22
+34%2021–2022
12-29% vs previous recordrecorded
11 yr2015
0none in 3 months

Fleet tracking and fuel monitoring solutions provider

Logistics tech
₹1.98 crFY 2024-25
-15%2024–2025
21LinkedIn · Jul 2026
16 yr2010
1postings · last posted Sep 2026

App-based platform offering electric scooter subscription services

Road transport tech
₹1.88 crFY 2024-25
+149%2024–2025
62LinkedIn · Jul 2026
6 yr2020
0none in 3 months

App-based platform offering comprehensive employee shuttle transportation services

Road transport tech
₹81.86 lakhFY 2021-22
Not reported
11LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Online platform for finding parking spaces

Road transport tech
₹40.06 lakhFY 2024-25
+23%2024–2025
—Not available
5 yr2021
0none in 3 months

App-based three-wheeler ride-hailing platform

Road transport tech
₹38.99 lakhFY 2024-25
+663%2024–2025
58LinkedIn · Jul 2026
2 yr2024
1postings · last posted Sep 2026

Provider of AI-driven smart city and security solutions

Big data analytics
₹30.65 lakhFY 2024-25
+8%2024–2025
2LinkedIn · Jul 2026
9 yr2017
0none in 3 months

App-based ride-hailing platform

Road transport tech
₹23.09 lakhFY 2021-22
Not reported
1LinkedIn · Jul 2026
8 yr2018
0none in 3 months

App-based car rental platform

Road transport tech
₹11.15 lakhFY 2024-25
-30%2024–2025
6LinkedIn · Jul 2026
6 yr2020
0none in 3 months
34 of 121 companies shown here · the full list is on Radar
Fliar Radar

Explore all 121 road transport tech companies in Mumbai on Radar

This page shows the top 34. Radar has the complete, filterable list with contacts and live company signals.

Open road transport tech in Mumbai on Radar
  • Every company, not just 50All 121 road transport tech companies in Mumbai, 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.
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Explore road transport tech companies in Mumbai by what you are looking for

Discover road transport tech companies in Mumbai, from fleet management software to car rental and ride-hailing apps. Browse road transport software and mobility startups in Mumbai by what they do.

8 ways to explore road transport tech in Mumbai

Fleet management & logistics tech companiesCar rental, taxi & online travel platformsSmart parking & traffic technology companiesElectric vehicle & vehicle subscription companiesPublic transport & transit information appsOn-demand driver & chauffeur services

Fleet management & logistics tech companies

Fleet tracking, telematics, freight and employee transport management platforms.

  1. Everest Fleet

    Provider of fleet management services including vehicle rentals and employee mobility

    Road transport tech
    See in list
  2. Logic Labs

    SaaS-based provider of end-to-end fleet management solutions

    Trucking
    See in list
  3. Indecab

    Tech-enabled solutions for car-rental companies

    Road transport tech
    See in list
  4. Locate365

    It develops AI-powered software solutions for businesses

    Connected vehicles
    See in list
  5. Roadmatics

    Fleet tracking and fuel monitoring solutions provider

    Logistics tech
    See in list

Car rental, taxi & online travel platforms

Apps and marketplaces for renting cars, booking cabs, buses and tickets.

  1. Firstcars

    Provider of chauffeured vehicle rental services for corporate and personal use

    Road transport tech
    See in list
  2. Cab-eez

    Operator of a technology platform providing all-electric vehicle cab booking services

    Electric vehicles
    See in list
  3. Indecab

    Tech-enabled solutions for car-rental companies

    Road transport tech
    See in list
  4. MYLO1

    Online platform offering ridesharing services for office commuting

    Road transport tech
    See in list
  5. Drivify

    On-demand chauffeur marketplace

    Road transport tech
    See in list

Smart parking & traffic technology companies

Parking management, number plate recognition and AI-based surveillance for cities and roads.

  1. Hawk Eye

    Provider of IoT-enabled parking management solutions

    Road transport tech
    See in list
  2. Park4Cars

    Online platform for finding parking spaces

    Road transport tech
    See in list
  3. Yotaka

    Provider of AI-driven smart city and security solutions

    Big data analytics
    See in list
  4. GetParking

    Developer of AI and cloud-based parking management platform

    Road transport tech
    See in list
  5. RR Parkon

    Provider smart parking solution for parking operators

    Road transport tech
    See in list

Electric vehicle & vehicle subscription companies

Electric scooter, bike and car subscription and rental services.

  1. Cab-eez

    Operator of a technology platform providing all-electric vehicle cab booking services

    Electric vehicles
    See in list
  2. eBikeGo

    Manufacturer of electric two and three-wheeled vehicles for various applications

    Road transport tech
    See in list
  3. Trueno

    App-based platform offering electric scooter subscription services

    Road transport tech
    See in list
  4. Quiklyz

    Online car subscription platform

    Auto e-commerce & content
    Website
  5. ONN

    Online rental platform for electric scooters, bicycles and motorbikes

    Road transport tech
    Website

Public transport & transit information apps

Bus tracking, ticketing and live rail information apps for daily commuters.

  1. Chalo

    Online platform offering app‑based bus tracking and ticketing services

    Smart public transport
    See in list
  2. Chemito

    Provider of intelligent transport management system

    Road transport tech
    Website
  3. Pathpulse

    Provider of information technology consulting services

    Artificial intelligence
    Website
  4. Limo

    Provider of air-conditioned charter bus service with web application features

    Road transport tech
    Website
  5. m-Indicator

    Mobile App providing Mumbai Local Train Schedule

    Online travel
    Website
13 companies in Mumbai

On-demand driver & chauffeur services

Platforms to hire drivers and chauffeurs on demand.

  1. Drivify

    On-demand chauffeur marketplace

    Road transport tech
    See in list
  2. Hiredrivermumbai

    Online platform to hire on demand drivers

    Road transport tech
    Website
  3. DriveronHire

    Online platform for booking drivers

    Local services
    Website
  4. MumbaiServices

    Web/Mobile based platform to book driver

    Road transport tech
    Website
  5. Driver Bulao

    Mobile app to book drivers

    Road transport tech
    Website

Road transport tech startups in Mumbai

Newer road transport technology companies founded in the last few years.

  1. Advance Mobility

    Platform offering advanced mobility solutions for transportation and infrastructure systems

    Road transport tech
    See in list
  2. Transvolt

    Provider of zero-emission mobility services through electric vehicle platform

    Road transport tech
    See in list
  3. Park4Cars

    Online platform for finding parking spaces

    Road transport tech
    See in list
  4. MyRik

    App-based three-wheeler ride-hailing platform

    Road transport tech
    See in list
  5. NueGo

    Operator of buses

    Road transport tech
    See in list
25 companies in Mumbai

Road transport tech companies hiring in Mumbai

Road transport technology companies with open roles right now.

  1. Everest Fleet

    Provider of fleet management services including vehicle rentals and employee mobility

    Road transport tech
    See in list
  2. Advance Mobility

    Platform offering advanced mobility solutions for transportation and infrastructure systems

    Road transport tech
    See in list
  3. Commutec

    SaaS-driven route scheduling software solutions for employee transport management

    Road transport tech
    See in list
  4. Transvolt

    Provider of zero-emission mobility services through electric vehicle platform

    Road transport tech
    See in list
  5. eBikeGo

    Manufacturer of electric two and three-wheeled vehicles for various applications

    Road transport tech
    See in list
9 companies in Mumbai
Mobile reach

Top 10 road transport tech apps from Mumbai

The most-installed Android apps published by road transport tech companies headquartered in Mumbai — 77.0M installs between them. 37 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

m-Indicator: Mumbai Local

by m-Indicator

Installs44.4M
Rating4.05470K ratings
Last updatedJun 2026
View on Google Play ↗
m-Indicator: Mumbai Local screenshot 1m-Indicator: Mumbai Local screenshot 2m-Indicator: Mumbai Local screenshot 3m-Indicator: Mumbai Local screenshot 4m-Indicator: Mumbai Local screenshot 5m-Indicator: Mumbai Local screenshot 6
2

Chalo - Live Bus Tracking App

by Chalo

Installs25.8M
Rating4.02246K ratings
Installs, year on year+28%
Last updatedJun 2026
View on Google Play ↗
Chalo - Live Bus Tracking App screenshot 1Chalo - Live Bus Tracking App screenshot 2Chalo - Live Bus Tracking App screenshot 3Chalo - Live Bus Tracking App screenshot 4Chalo - Live Bus Tracking App screenshot 5Chalo - Live Bus Tracking App screenshot 6
3

YATRI: Mumbai Local & Metro

by Yatri

Installs2.2M
Rating3.6710K ratings
Last updatedMay 2026
View on Google Play ↗
YATRI: Mumbai Local & Metro screenshot 1YATRI: Mumbai Local & Metro screenshot 2YATRI: Mumbai Local & Metro screenshot 3YATRI: Mumbai Local & Metro screenshot 4YATRI: Mumbai Local & Metro screenshot 5YATRI: Mumbai Local & Metro screenshot 6
4

NueGo Bus Ticket Booking App

by NueGo

Installs1.8M
Rating4.0613K ratings
Installs, year on year+75%
Last updatedMay 2026
View on Google Play ↗
NueGo Bus Ticket Booking App screenshot 1NueGo Bus Ticket Booking App screenshot 2NueGo Bus Ticket Booking App screenshot 3NueGo Bus Ticket Booking App screenshot 4NueGo Bus Ticket Booking App screenshot 5NueGo Bus Ticket Booking App screenshot 6
5

ONN - Bike Rentals

by ONN Bikes

Installs1.3M
Rating3.1718K ratings
Installs, year on year+18%
Last updatedJun 2026
View on Google Play ↗
ONN - Bike Rentals screenshot 1ONN - Bike Rentals screenshot 2ONN - Bike Rentals screenshot 3ONN - Bike Rentals screenshot 4ONN - Bike Rentals screenshot 5ONN - Bike Rentals screenshot 6
9

Myrik: Rides & Groceries

by MyRik

Installs229K
Rating—
Installs, year on year+88%
Last updatedJun 2026
View on Google Play ↗
Myrik: Rides & Groceries screenshot 1Myrik: Rides & Groceries screenshot 2Myrik: Rides & Groceries screenshot 3Myrik: Rides & Groceries screenshot 4Myrik: Rides & Groceries screenshot 5Myrik: Rides & Groceries screenshot 6
10

Ajjas: Smart GPS Tracking App

by Ajjas

Installs195K
Rating—
Installs, year on year+52%
Last updatedMay 2026
View on Google Play ↗
Ajjas: Smart GPS Tracking App screenshot 1Ajjas: Smart GPS Tracking App screenshot 2Ajjas: Smart GPS Tracking App screenshot 3Ajjas: Smart GPS Tracking App screenshot 4Ajjas: Smart GPS Tracking App screenshot 5Ajjas: Smart GPS Tracking App screenshot 6
The business behind the activity

Road transport tech financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 31 road transport tech companies in Mumbai, Maharashtra for FY24-25 — 39 of the 121 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 93% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,835.35 cr

31 companies filing accounts

combined net profit−₹854.20 cr

-30.1% aggregate margin

are profitable29%

9 of 31 companies

median revenue~₹1.9 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five93%

revenue concentration

Six-year view

Combined revenue of filing companies

₹198.82 crFY19-2019 filers
₹142.06 crFY20-2122 filers
₹1,624.50 crFY21-2224 filers
₹2,843.08 crFY22-2325 filers
₹3,280.29 crFY23-2428 filers
₹2,835.35 crFY24-2531 filers

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

Like-for-like

The same 22 companies over three years

-2%
FY22-23₹2,803.37 cr−₹1,147.58 cr net
FY23-24₹3,230.85 cr−₹612.49 cr net
FY24-25₹2,743.71 cr−₹853.33 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 cr157% profitable
₹1–10 cr650% profitable
₹10–100 cr771% profitable
₹100–1,000 cr10% profitable
Over ₹1,000 cr20% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking10
0–20%3
20–50%3
50–100%6
Doubled+4

26 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

9profitable
22loss-making
-30.1%aggregate margin
-31.3%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
Advance MobilityADVANCE MOBILITY PRIVATE LIMITED+260%₹65.88 cr
Cab-eezCAB-EEZ INFRA TECH LIMITED+142%₹36.85 cr
CommutecAURAFOX SOLUTIONS PRIVATE LIMITED+65%₹43.46 cr
Logic LabsLogic Labs Infotronics Limited+65%₹20.03 cr
Everest FleetEVEREST FLEET PRIVATE LIMITED+32%₹1,265.48 cr
FirstcarsFIRST CARS PRIVATE LIMITED+15%₹84.59 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
FirstcarsFIRST CARS PRIVATE LIMITED5.2%₹84.59 cr
TransvoltTRANSVOLT MOBILITY PRIVATE LIMITED4.7%₹25.08 cr
Logic LabsLogic Labs Infotronics Limited3.4%₹20.03 cr
CommutecAURAFOX SOLUTIONS PRIVATE LIMITED2.5%₹43.46 cr
Advance MobilityADVANCE MOBILITY PRIVATE LIMITED2.2%₹65.88 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Road transport tech22₹2,617.23 cr~₹1.1 cr36%-28.5%
Leaders

Largest road transport tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Everest FleetEVEREST FLEET PRIVATE LIMITED₹1,265.48 cr−₹51.31 cr-4.1%+32%
Ola CafeANI TECHNOLOGIES PRIVATE LIMITED₹1,060.00 cr−₹697.60 cr-65.8%-44%
ChaloChalo Mobility Private Limited₹155.15 cr−₹95.84 cr-61.8%+4%
FirstcarsFIRST CARS PRIVATE LIMITED₹84.59 cr₹4.38 cr5.2%+15%
Advance MobilityADVANCE MOBILITY PRIVATE LIMITED₹65.88 cr₹1.43 cr2.2%+260%
ChemitoCHEMITO INFOTECH PRIVATE LIMITED₹48.17 cr−₹1.16 cr-2.4%-26%
CommutecAURAFOX SOLUTIONS PRIVATE LIMITED₹43.46 cr₹1.11 cr2.5%+65%
Cab-eezCAB-EEZ INFRA TECH LIMITED₹36.85 cr−₹11.52 cr-31.3%+142%
TransvoltTRANSVOLT MOBILITY PRIVATE LIMITED₹25.08 cr₹1.17 cr4.7%>10×
Logic LabsLogic Labs Infotronics Limited₹20.03 cr₹67.53 lakh3.4%+65%
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

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full road transport tech landscape of Mumbai 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 road transport tech landscape of Mumbai
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

Road transport tech funding and M&A across India

780 recorded equity rounds have gone to 2,948 road transport tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months14

US$390.01m

equity rounds, last 24 months57

US$618.54m

raised over five yearsUS$2.13bn

276 rounds in India

M&A deals, India23

last 24 months

Capital by year

Equity funding into road transport tech in India

amount rounds
$353m201859
$752m201982
$101m202049
$491m202154
$448m202257
$191m202348
$437m202468
$213m202539
$352m202610

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$751.83m across 82 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$7.79m42 rounds · median US$60k
SeedUS$127.07m140 rounds · median US$388k
Series AUS$281.97m47 rounds · median US$3.38m
Series BUS$307.57m20 rounds · median US$15.00m
Series CUS$363.02m14 rounds · median US$16.53m
Series D+US$855.47m10 rounds · median US$42.41m
Where the money went · five years

Most-funded sub-sectors

Road transport techUS$1.84bn195 rounds · 72 companies
Smart public transportUS$109.80m6 rounds · 2 companies
Electric vehiclesUS$100.04m23 rounds · 9 companies
Logistics techUS$58.84m13 rounds · 5 companies
Auto e-commerce & contentUS$12.96m10 rounds · 2 companies
Security & surveillance technologyUS$3.43m6 rounds · 4 companies
Connected vehiclesUS$3.25m3 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

20Acquisition
2Merger
1Announced

Most active acquirers

  1. Prosus5
  2. Abeo3
  3. Blusmart2
  4. Goengineer1
  5. The Broker Investment Group (TBIG)1

Most acquired or merged

  1. Rapido11
  2. Vogo4
  3. Ska1
  4. U drive1
  5. Everest fleet1

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

Road transport tech funding in Mumbai

16 road transport tech companies in Mumbai have recorded equity funding, US$271.23m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind road transport tech companies in Mumbai. 60 of 121 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai road transport tech companies by sub-sector

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

Keep exploring road transport tech in India and nearby markets.

Coming soon