Auctomate

Gurugram, India Founded: 2020 • Age: 6 yrs
Online platform for B2B trading of used vehicles, equipment, and industrial assets.
Annual revenue $8,672 Latest available
Total funding - Funding intelligence
Employees 1769 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Auctomate

Auctomate is a company based in Gurugram (India) founded in 2020 by Rishav Jain and Unni Nambiar. It operates as a B2B and Marketplace. The company has 1,769 employees as of September 30, 2023. Auctomate offers products and services including Auction Platform, Inspection Services, and Post-Auction Fulfillment. Auctomate operates in a competitive market with competitors including ACV Auctions, Droom, CarTrade Tech, CarTrade Exchange and Mahindra First Choice, among others.

  • Headquarter Gurugram, India
  • Employees 1769 as on 30 Sep, 2023
  • Founders Rishav Jain, Unni Nambiar
  • Sectors
    Industrial Goods & Manufacturing
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Auctomate Technologies Private Limited
  • Date of Incorporation 30 Jan, 2020
  • Jurisdiction Nagar,Greater Noida, Uttar Pradesh, India
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.67 K (USD)
    0
    as on Mar 31, 2021
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    1769

    as on Sep 30, 2023

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Products & Services of Auctomate

Auctomate offers a comprehensive portfolio of products and services, including Auction Platform, Inspection Services, and Post-Auction Fulfillment.

Product name locked
Category locked
Primary

Facilitates real-time bidding for used vehicles and equipment.

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Offers detailed reports and checks for auction items.

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Manages payments, documentation, and delivery processes.

Funding Insights of Auctomate

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Detailed funding history for Auctomate

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Investments & Acquisitions by Auctomate

Investments
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Investment portfolio details for Auctomate

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Financial Statements - Auctomate

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Detailed financials for Auctomate

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Auctomate Comparisons

Auctomate Primary company
Description
Online platform for B2B trading of used vehicles, equipment,...
Location
Gurugram, India
Founded Year
2020
Annual Revenue
$8.67 K (USD)
Net Profit
Not available
EBITDA
Not available
Employees
1,769
As of 2023
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Peer comparison for Auctomate

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Competitors of Auctomate

Auctomate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ACV Auctions, Droom, CarTrade Tech, CarTrade Exchange and Mahindra First Choice, among others.

Company Name Domain Founded year HQ Location Description
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B2B online auctions for car dealers' inventory are facilitated.
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Used vehicles are bought and sold through an AI platform.
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Online marketplace for used cars
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Operator of an online platform for vehicle auctions and listing services
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Multi-brand used cars are traded via an online marketplace platform.
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App-based bidding for used vehicles and equipment is enabled.
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Detailed competitors of Auctomate

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Latest news on Auctomate

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Complete news archive for 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.

As of Sep 30, 2023, the latest employee count at Auctomate is 1,769.

Annual revenue of Auctomate is $8.67K as on Mar 31, 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 ACV Auctions, Droom and CarTrade Tech.

Auctomate offers Auction Platform, Inspection Services, and Post-Auction Fulfillment.

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