About Auctomate
Auctomate is an Industrial Goods & Manufacturing company based in Gurugram (India) founded in 2020 by Rishav Jain and Unni Nambiar. Online platform for B2B trading of used vehicles, equipment, and industrial assets. It operates on a B2B and Marketplace model in Industrial Goods & Manufacturing and Retail sectors. The company has 1,769 employees. Its Indian entity Auctomate Technologies Private Limited reported revenue of ₹6.4 Lakh. Auctomate offers products and services including Auction Platform, Inspection Services, and Post-Auction Fulfillment. Its focus areas include Industrial, Equipment, Liquidation and Remarketing. Similar companies include Droom, CarTrade Tech and CarTrade Exchange; 3 of its 3 listed similar companies have raised funding.
Company details
Auctomate is a digital marketplace that conducts real-time auctions for preowned vehicles and industrial equipment, connecting buyers with sellers like OEMs and dealerships. It provides inspection reports, handles payments, documentation, and delivery processes for transparency. Based in Bengaluru, India, it serves businesses in automotive and industrial sectors, facilitating efficient remarketing and liquidation with mobile-accessible features.
- Headquarters Gurugram, India
- Employees 1,769
- Founders Rishav Jain, Unni Nambiar
- SectorsIndustrial Goods & ManufacturingRetail
- Email••••••••
- Phone•••• ••••
- Website auctomate.com
- Social LinkedIn X Facebook
- Legal Name Auctomate Technologies Private Limited
- Date of Incorporation 30 Jan, 2020
- Jurisdiction Nagar, Greater Noida, Uttar Pradesh, India
- Annual Revenue₹6.4 Lakh
FY 2021
- Net Profit₹40,346
FY 2021 · 6% margin
- EBITDA₹40,346
FY 2021 · 6% margin
- Employee Count1,769
Associated legal entities of Auctomate
Auctomate operates through Auctomate Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Auctomate Technologies Private Limited CIN U72900UP2020PTC126398 | Strike Off | 30 Jan 2020 | Greater Noida, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Products & Services of Auctomate
Auctomate offers a comprehensive portfolio of products and services, including Auction Platform, Inspection Services, and Post-Auction Fulfillment.
Facilitates real-time bidding for used vehicles and equipment.
Offers detailed reports and checks for auction items.
Manages payments, documentation, and delivery processes.
Board of directors of Auctomate Technologies Private Limited (Auctomate)
Auctomate Technologies Private Limited is the primary company behind Auctomate. The board of Auctomate Technologies Private Limited currently have 2 directors; the longest-serving is Rishav Jain, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishav Jain DIN 07289602 | Director | 30 Jan 2020 | 6 yrs 8 mo | Auctomate Technologies Private Limited |
| Gaurav Sudarshan DIN 09229704 | Director | 06 Jul 2021 | 5 yrs 3 mo | Auctomate Technologies Private Limited |
People of Auctomate
2 people are tracked at Auctomate (2 in leadership); the tracked headcount is 1,769.
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
Unni Nambiar | ex-Co-Founder | Leadership |
Complete people profiles for Auctomate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Auctomate
Figures of Auctomate Technologies Private Limited, the primary company behind Auctomate, for FY 2021. Revenue was ₹6.4 Lakh. Net profit was ₹40,346 (6% margin). EBITDA was ₹40,346 (6% margin).
- ₹6.4 LakhRevenue · FY 2021
- ₹40,346Net profit · 6% margin
- ₹40,346EBITDA · 6% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Auctomate Technologies Private Limited are on its company page.
Detailed financial statements for Auctomate
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Similar companies to Auctomate
Auctomate has 3 listed similar companies in our database, 3 of them funded. They include Droom, CarTrade Tech and CarTrade Exchange.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| droom.in | 2014 | Gurugram, India | $344.27M | 156 | Used vehicles are bought and sold through an AI platform. | |
| cartradetech.com | 2006 | Mumbai, India | $327.94M | 1,140 | Online marketplace for used cars | |
| cartradeexchange.com | 2009 | Mumbai, India | $13M | 1,061 | Operator of an online platform for vehicle auctions and listing services |
Detailed similar companies of Auctomate
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Frequently Asked Questions about Auctomate
Auctomate was founded in 2020.
Auctomate is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Auctomate has 1,769 employees.
The primary company behind Auctomate, Auctomate Technologies Private Limited, reported revenue of ₹6.4 Lakh for FY 2021.
Auctomate is a digital marketplace that conducts real-time auctions for preowned vehicles and industrial equipment, connecting buyers with sellers like OEMs and dealerships. It provides inspection reports, handles payments, documentation, and delivery processes for transparency. Based in Bengaluru, India, it serves businesses in automotive and industrial sectors, facilitating efficient remarketing and liquidation with mobile-accessible features.
Auctomate's top competitors include Droom, CarTrade Tech and CarTrade Exchange.
Auctomate offers Auction Platform, Inspection Services, and Post-Auction Fulfillment.
Auctomate operates through Auctomate Technologies Private Limited.
The legal entities of Auctomate currently have 2 directors, including Gaurav Sudarshan, Rishav Jain.