# Top 50 Automotive & EVs Startups in India by Funding (2026)

> The 50 best-funded automotive & EVs startups in India, ranked by total funding raised: $2.6B combined.

Source: https://millionrounds.com/top-lists/automotive-startups-india (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Pure EV** Pure EV is a motor vehicle company that develops e-mobility and energy storage systems for the EV industry.](https://millionrounds.com/company/pure-ev) Pure EV is a motor vehicle company that develops e-mobility and energy storage systems for the EV industry. *Founded* - India **$358M** last round Feb 2024
- 2 [**VIstara** Vistara is a joint venture of Tata Sons Limited and Singapore Airlines Limited (SIA)](https://millionrounds.com/company/vistara) Vistara is a joint venture of Tata Sons Limited and Singapore Airlines Limited (SIA) *Founded* 2013 Gurugram, India **$273M** last round Oct 2018
- 3 [**Rapido** Rapido, officially known as Roppen Transportation Services Private Limited, is India's largest bike taxi aggregator and urban mobility platform.](https://millionrounds.com/company/rapido) Rapido, officially known as Roppen Transportation Services Private Limited, is India's largest bike taxi aggregator and urban mobility platform. *Founded* 2015 Bengaluru, India **$251M** last round May 2026
- 4 [**Ather Energy** Ather Energy was started in 2013 by Tarun Mehta and Swapnil Jain, two engineering graduates straight out of college with the audacity to dream and challenge the](https://millionrounds.com/company/ather-energy) Ather Energy was started in 2013 by Tarun Mehta and Swapnil Jain, two engineering graduates straight out of college with the audacity to dream and challenge the *Founded* 2013 Bangalore, India **$245M** last round Jul 2026
- 5 [**Onto** Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car.](https://millionrounds.com/company/onto) Onto is an electric vehicle subscription startup that provides an all-inclusive, hassle-free solution for driving an electric car. *Founded* 2017 London, India **$125M** last round Oct 2026
- 6 [**GreenCell Mobility** GreenCell Mobility offers clean, cost-effective, and on-demand shared e-mobility solutions.](https://millionrounds.com/company/greencell-mobility) GreenCell Mobility offers clean, cost-effective, and on-demand shared e-mobility solutions. *Founded* 2019 India **$124M** last round Oct 2026
- 7 [**River Mobility**](https://millionrounds.com/company/river-mobility) *Founded* - India **$120M** last round Aug 2026
- 8 [**ZoomCar** Zoomcar is India’s largest car-sharing marketplace, with over 25,000 cars listed on the platform.](https://millionrounds.com/company/zoomcar) Zoomcar is India’s largest car-sharing marketplace, with over 25,000 cars listed on the platform. *Founded* 2012 Bangalore, India **$120M** last round Nov 2024
- 9 [**Yulu** Yulu is a leading provider of shared electric 2-wheeler Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) in India, founded in 2017.](https://millionrounds.com/company/yulu) Yulu is a leading provider of shared electric 2-wheeler Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) in India, founded in 2017. *Founded* 2017 Bengaluru, India **$104M** last round Aug 2026
- 10 [**Cars24** CARS24 is as AutoTech company that utilizes technology and dealer network for buying and selling pre-owned cars.](https://millionrounds.com/company/cars24) CARS24 is as AutoTech company that utilizes technology and dealer network for buying and selling pre-owned cars. *Founded* 2015 Gurgaon, India **$93M** last round Jul 2024
- 11 [**Euler Motors** Euler Motors is a leading commercial electric vehicle (EV) manufacturer based in New Delhi, India.](https://millionrounds.com/company/euler-motors) Euler Motors is a leading commercial electric vehicle (EV) manufacturer based in New Delhi, India. *Founded* 2018 New Delhi, India **$74M** last round Mar 2025
- 12 [**Kymco**](https://millionrounds.com/company/kymco) *Founded* - India **$65M** last round Oct 2018
- 13 [**International Battery Company** International Battery Company (IBC) is a product-tech company founded in 2022 and based in Milpitas, California.](https://millionrounds.com/company/international-battery-company) International Battery Company (IBC) is a product-tech company founded in 2022 and based in Milpitas, California. *Founded* 2022 San Jose, India **$60M** last round Nov 2025
- 14 [**Lohum** LOHUM is India's largest producer of sustainable energy transition and battery raw materials.](https://millionrounds.com/company/lohum) LOHUM is India's largest producer of sustainable energy transition and battery raw materials. *Founded* 2017 Greater Noida, India **$54M** last round Mar 2024
- 15 [**Mahindra REVA** Mahindra REVA designs and manufactures electric cars.](https://millionrounds.com/company/mahindra-reva) Mahindra REVA designs and manufactures electric cars. *Founded* 1994 India **$45M** last round Sept 2009
- 16 [**TVS Automobile Solutions** TVS Automobile Solutions is a provider of car repair services in India.](https://millionrounds.com/company/tvs-automobile-solutions) TVS Automobile Solutions is a provider of car repair services in India. *Founded* 2009 India **$45M** last round Oct 2026
- 17 [**Routematic** Routematic is an employee transportation platform based in Bengaluru, India.](https://millionrounds.com/company/routematic) Routematic is an employee transportation platform based in Bengaluru, India. *Founded* 2013 Bengaluru, India **$43M** last round May 2025
- 18 [**Altigreen Propulsion Labs** Altigreen Propulsion Labs is a Bengaluru-based startup focused on electric vehicles (EVs) and advanced electric/hybrid powertrain systems.](https://millionrounds.com/company/altigreen-propulsion-labs) Altigreen Propulsion Labs is a Bengaluru-based startup focused on electric vehicles (EVs) and advanced electric/hybrid powertrain systems. *Founded* 2013 Bengaluru, India **$40M** last round Feb 2022
- 19 [**Ultraviolette Automotive** Ultraviolette Automotive is an innovative electric vehicle startup based in Bengaluru, India, focused on manufacturing high-performance electric motorcycles and scooters.](https://millionrounds.com/company/ultraviolette-automotive) Ultraviolette Automotive is an innovative electric vehicle startup based in Bengaluru, India, focused on manufacturing high-performance electric motorcycles and scooters. *Founded* 2016 Bengaluru, India **$39M** last round Sept 2026
- 20 [**BluSmart** BluSmart Mobility, based in Gurugram, Haryana, was India's first and largest all-electric ride-hailing service, founded in 2019.](https://millionrounds.com/company/blusmart) BluSmart Mobility, based in Gurugram, Haryana, was India's first and largest all-electric ride-hailing service, founded in 2019. *Founded* 2019 Gurugram, India **$30M** last round May 2025
- 21 [**IntrCity SmartBus**](https://millionrounds.com/company/intrcity-smartbus) *Founded* - India **$30M** last round Oct 2025
- 22 [**Tractor Junction** Tractor Junction is a leading digital marketplace for farmers in India, founded in 2017 and based in Alwar, Rajasthan.](https://millionrounds.com/company/tractor-junction) Tractor Junction is a leading digital marketplace for farmers in India, founded in 2017 and based in Alwar, Rajasthan. *Founded* 2017 Alwar, India **$23M** last round Nov 2025
- 23 [**Vecmocon Technologies** Vecmocon Technologies is a deep-tech innovation company based in Noida, Uttar Pradesh, incubated at IIT Delhi.](https://millionrounds.com/company/vecmocon-technologies) Vecmocon Technologies is a deep-tech innovation company based in Noida, Uttar Pradesh, incubated at IIT Delhi. *Founded* 2016 New Delhi, India **$18M** last round Jun 2025
- 24 [**Statiq** Statiq is an electric vehicle charging network that allows customers to find the closest charging station, book a slot, and pay online.](https://millionrounds.com/company/statiq) Statiq is an electric vehicle charging network that allows customers to find the closest charging station, book a slot, and pay online. *Founded* 2020 Gurgaon, India **$18M** last round Feb 2026
- 25 [**Zelio E-Mobility**](https://millionrounds.com/company/zelio-e-mobility) *Founded* - India **$18M** last round Sept 2026
- 26 [**Eplane** ePlane is an eCommerce platform designed to bring together buyers and sellers in the aerospace industry.](https://millionrounds.com/company/eplane) ePlane is an eCommerce platform designed to bring together buyers and sellers in the aerospace industry. *Founded* 2016 India **$14M** last round Nov 2024
- 27 [**SmartE**](https://millionrounds.com/company/smarte) *Founded* - India **$14M** last round Jul 2019
- 28 [**Twinny** Hyperlocal marketplace mobile app.](https://millionrounds.com/company/twinny) Hyperlocal marketplace mobile app. *Founded* 2020 India **$14M** last round Mar 2026
- 29 [**Baaz Bikes** Baaz Bikes is an electric mobility platform based in New Delhi, India, founded in 2019.](https://millionrounds.com/company/baaz-bikes) Baaz Bikes is an electric mobility platform based in New Delhi, India, founded in 2019. *Founded* 2019 Gurugram, India **$13M** last round Nov 2026
- 30 [**GoMechanic** GoMechanic provides an online car servicing platform that helps users schedule various car services including maintenance and detailing.](https://millionrounds.com/company/gomechanic) GoMechanic provides an online car servicing platform that helps users schedule various car services including maintenance and detailing. *Founded* 2016 Gurugram, Haryana, India **$11M** last round Nov 2023
- 31 [**Battery Smart** Battery Smart is India's largest electric vehicle (EV) battery-swapping network, operating around 1,400 to 1,500 stations across 35 to 50 cities.](https://millionrounds.com/company/battery-smart) Battery Smart is India's largest electric vehicle (EV) battery-swapping network, operating around 1,400 to 1,500 stations across 35 to 50 cities. *Founded* 2019 Gurugram, India **$10M** last round Oct 2026
- 32 [**Carrum Mobility**](https://millionrounds.com/company/carrum-mobility) *Founded* - India **$10M** last round Sept 2026
- 33 [**Oben Electric** Oben Electric is an innovative electric motorcycle startup based in Bengaluru, India, founded in August 2020 by IIT and IIM alumni.](https://millionrounds.com/company/oben-electric) Oben Electric is an innovative electric motorcycle startup based in Bengaluru, India, founded in August 2020 by IIT and IIM alumni. *Founded* 2020 Bengaluru, India **$9.4M** last round Dec 2025
- 34 [**CredR** CredR has been focused on formalising the unorganised and fragmented used two-wheeler market.](https://millionrounds.com/company/credr) CredR has been focused on formalising the unorganised and fragmented used two-wheeler market. *Founded* 2014 Bengaluru, India **$8.0M** last round Nov 2022
- 35 [**Vutto** Vutto is a full-stack B2C e-retailer based in Bengaluru, India, founded in 2024.](https://millionrounds.com/company/vutto) Vutto is a full-stack B2C e-retailer based in Bengaluru, India, founded in 2024. *Founded* 2024 New Delhi, India **$7.0M** last round Aug 2025
- 36 [**CarWale** CarWale is India's largest automotive portal, designed to simplify car research and purchasing.](https://millionrounds.com/company/carwale) CarWale is India's largest automotive portal, designed to simplify car research and purchasing. *Founded* 2003 Navi Mumbai, India **$7.0M** last round Nov 2008
- 37 [**BeepKart** BeepKart is a leading Indian platform focused on the second-hand two-wheeler market, specializing in the sale and purchase of refurbished scooters and motorcycles.](https://millionrounds.com/company/beepkart) BeepKart is a leading Indian platform focused on the second-hand two-wheeler market, specializing in the sale and purchase of refurbished scooters and motorcycles. *Founded* 2020 Bengaluru, India **$6.5M** last round Apr 2024
- 38 [**Kazam** Kazam provides IoT enabled EV charging software and hardware.](https://millionrounds.com/company/kazam) Kazam provides IoT enabled EV charging software and hardware. *Founded* 2020 Bengaluru, India **$6.2M** last round Jun 2025
- 39 [**Tork Motors** Tork Motors is an Indian company focused on manufacturing high-performance electric motorcycles, particularly known for their models, the Kratos and Kratos R.](https://millionrounds.com/company/tork-motors) Tork Motors is an Indian company focused on manufacturing high-performance electric motorcycles, particularly known for their models, the Kratos and Kratos R. *Founded* 2010 Pimpri-Chinchwad, India **$6.0M** last round Feb 2024
- 40 [**Magenta Mobility** Magenta Mobility is a Pune-based company that operates India's first 100% electric fleet for B2B intra-city logistics.](https://millionrounds.com/company/magenta-mobility) Magenta Mobility is a Pune-based company that operates India's first 100% electric fleet for B2B intra-city logistics. *Founded* 2018 Navi Mumbai, India **$5.8M** last round Mar 2025
- 41 [**Entellus Industries** Entellus Industries is an advanced manufacturing company based in Chennai, India, founded in 2022.](https://millionrounds.com/company/entellus-industries) Entellus Industries is an advanced manufacturing company based in Chennai, India, founded in 2022. *Founded* - Chennai, India **$5.4M** last round Jan 2026
- 42 [**FreshBus** FreshBus is an electric bus startup that plans to launch premium intercity electric bus services throughout India.](https://millionrounds.com/company/freshbus) FreshBus is an electric bus startup that plans to launch premium intercity electric bus services throughout India. *Founded* 2019 India **$5.2M** last round Aug 2024
- 43 [**91Trucks** 91Trucks is a commercial vehicle digital platform and marketplace based in India, founded in 2022 and headquartered in Gurgaon.](https://millionrounds.com/company/91trucks) 91Trucks is a commercial vehicle digital platform and marketplace based in India, founded in 2022 and headquartered in Gurgaon. *Founded* 2022 Gurugram, India **$5.1M** last round May 2025
- 44 [**Track N Tell** Track N Tell is a mobile application that enables its users to identify the location of their vehicles.](https://millionrounds.com/company/track-n-tell) Track N Tell is a mobile application that enables its users to identify the location of their vehicles. *Founded* 2009 Gurugram, India **$5.0M** last round Jul 2019
- 45 [**Freightwalla** Freightwalla is a digital freight forwarder that provides businesses an online platform to streamline their global logistics operations.](https://millionrounds.com/company/freightwalla) Freightwalla is a digital freight forwarder that provides businesses an online platform to streamline their global logistics operations. *Founded* 2015 India **$4.0M** last round Apr 2021
- 46 [**TapFin** TapFin is a Mumbai-based fintech startup founded in 2023, dedicated to providing data-driven financing, leasing, and technology solutions for the electric mobil](https://millionrounds.com/company/tapfin) TapFin is a Mumbai-based fintech startup founded in 2023, dedicated to providing data-driven financing, leasing, and technology solutions for the electric mobil *Founded* 2023 Mumbai, India **$4.0M** last round Mar 2024
- 47 [**eBikeGo** WE MAKE WORLD-CLASS ELECTRIC MOBILITY SOLUTIONS THAT TRANSFORM HOW PEOPLE MOVE](https://millionrounds.com/company/ebikego) WE MAKE WORLD-CLASS ELECTRIC MOBILITY SOLUTIONS THAT TRANSFORM HOW PEOPLE MOVE *Founded* 2019 India **$3.5M** last round May 2022
- 48 [**JustRide** JustRide develops an automatic bicycle transmission for an incredible riding experience.](https://millionrounds.com/company/justride) JustRide develops an automatic bicycle transmission for an incredible riding experience. *Founded* 2018 India **$3.0M** last round Nov 2015
- 49 [**RACEnergy** RACEnergy is a deep technology company for battery swapping that offers tech solutions for 2W and 3W to go electric.](https://millionrounds.com/company/racenergy) RACEnergy is a deep technology company for battery swapping that offers tech solutions for 2W and 3W to go electric. *Founded* 2018 India **$3.0M** last round May 2023
- 50 [**Snap-E Cabs** Snap-E Cabs is an electric mobility and ride-hailing startup based in Kolkata, West Bengal, India.](https://millionrounds.com/company/snap-e-cabs) Snap-E Cabs is an electric mobility and ride-hailing startup based in Kolkata, West Bengal, India. *Founded* 2022 India **$2.5M** last round Sept 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More automotive & evs lists

[See all](https://millionrounds.com/top-lists?t=Automotive%20%26%20EVs)

[*W* *BS* *R* **Automotive & EVs startups in the United States** 423 companies · $79B](https://millionrounds.com/top-lists/automotive-startups-united-states)[*W* *TB* *S* **Automotive & EVs startups that raised in 2026** 211 companies · $41B in 2026](https://millionrounds.com/top-lists/automotive-startups-raised-2026)[*W* *MG* *OE* **Automotive & EVs startups in the United Kingdom** 111 companies · $6.6B](https://millionrounds.com/top-lists/automotive-startups-united-kingdom)[*KP* *GM* *OE* **Automotive & EVs startups founded in 2018** 102 companies · $6.1B](https://millionrounds.com/top-lists/automotive-startups-founded-2018)[*T* *P* *L* **Automotive & EVs startups founded in 2019** 83 companies · $4.3B](https://millionrounds.com/top-lists/automotive-startups-founded-2019)[*SO* *W* *H* **Automotive & EVs startups founded in 2021** 81 companies · $4.1B](https://millionrounds.com/top-lists/automotive-startups-founded-2021)[*W* *TB* *S* **Automotive & EVs startups in the United States that raised in 2026** 80 companies · $34B in 2026](https://millionrounds.com/top-lists/automotive-startups-united-states-raised-2026)[*E* *V* *M* **Automotive & EVs startups founded in 2020** 68 companies · $3.4B](https://millionrounds.com/top-lists/automotive-startups-founded-2020)

## More lists for India

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[*T* *AN* *F* **Startups in India** 2,116 companies · $60B](https://millionrounds.com/top-lists/startups-india)[*P* *P* *P* **Fintech startups in India** 166 companies · $8.3B](https://millionrounds.com/top-lists/fintech-startups-india)[*F* *O* *S* **Internet startups in India** 154 companies · $22B](https://millionrounds.com/top-lists/internet-startups-india)[*AA* *R* *HD* **IT Services startups in India** 153 companies · $2.4B](https://millionrounds.com/top-lists/it-services-startups-india)[*N* *S* *I* **AI startups in India** 152 companies · $5.8B](https://millionrounds.com/top-lists/ai-startups-india)[*I* *C* *P* **Healthcare startups in India** 152 companies · $3.1B](https://millionrounds.com/top-lists/healthcare-startups-india)[*PM* *E* *G* **E-commerce startups in India** 127 companies · $2.7B](https://millionrounds.com/top-lists/ecommerce-startups-india)[*P* *A* *K* **Financial Services startups in India** 124 companies · $3.4B](https://millionrounds.com/top-lists/financial-services-startups-india)