About Automony
Automony is a Financial Services company based in Mumbai (India) founded in 2017 by Shirish Godbole and Rishab Bafna. Loans for cars and trucks are provided via digital lending. Automony has raised $7.75 million across 3 funding rounds from investors including Sundaram Finance, JM Financial Private Equity and Aovi. The company has 182 employees. Automony was last valued at $19.65 million in June 2024. Its chief executive, as recorded, is Rishab Bafna. Its Indian entity Rbsg Capital Private Limited reported revenue of ₹21.35 Cr. Automony offers products and services including Vehicle Loan. Its focus areas include Consumer and SME Loans, Consumer Loans and Auto Loans. Its competitors include Hinduja Leyland Finance, Bajaj Auto Finance and OTO; 3 of its 3 listed competitors have raised funding.
Company details
Automony was founded in 2017 and is based in Mumbai, India. Operations are conducted as a non-banking financial company specializing in auto finance. Digital lending services are offered for passenger vehicles and commercial trucks. Focus is placed on the vehicle financing sector, with loans extended to support acquisitions in these areas. The company serves the Indian market through its online platform.
- Headquarters Mumbai, India
- Employees 182
- Founders Shirish Godbole, Rishab Bafna
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website automony.in
- Social LinkedIn
- Legal Name Rbsg Capital Private Limited
- Date of Incorporation 07 Dec, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹21.35 Cr
FY 2023 · +36% YoY
- Net Loss-₹1.75 Cr
FY 2023 · -8% margin
- EBITDA₹8.50 Cr
FY 2023 · 40% margin
- Total Equity Funding$7.75M (USD)
in 3 rounds
- Latest Funding Round$2.19M (USD), Series A
Jun 2024
- InvestorsSundaram Finance
& 12 more
- Employee Count182
Associated legal entities of Automony
Automony operates through Rbsg Capital Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rbsg Capital Private Limited CIN U65999MH2017PTC302565 | Active | 07 Dec 2017 | Mumbai, Maharashtra | ₹21.3 Cr | 182 | 5 | View details |
Products & Services of Automony
Automony offers a comprehensive portfolio of products and services, including Vehicle Loan.
Loans for purchasing new and used commercial vehicles
Loans for buying new and used passenger vehicles
Funding Insights of Automony
Automony has successfully raised a total of $7.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.19 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.75M
- Total Rounds 3
- Last Round Series A — $2.19M
- First Round $3M
(Aug 2019)
- Investors Count 13
All 3 funding rounds of Automony with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $2.19M | Series A | $19.65M | Aovi, Asha | – |
| May 2023 | $2.56M | Series A | $16.34M | Dmtr Manegement | |
| Aug 2019 | $3M | Series A | $••••• | Sundaram Finance, Asha |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $19.65M | •••••••• |
| May 2023 | $16.34M | •••••••• |
| Aug 2019 | $••••• | •••••••• |
Full valuation and stage history of Automony
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $19.65M (Jun 2024). 13 investors in total: 6 institutional and 7 angel.
Investors in Automony
Automony has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Sundaram Finance, JM Financial Private Equity and Aovi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investment in series-A startups | ashaventures.in | Mumbai, India | ||
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, India | |
Provider of consumer & SME loans and equipment & vehicle leasing services | 1954 | sundaramfinance.in | Chennai, India | |
KS Karamjit Singh Kalsi | unknown_fa536bc4062a4cda8 | |||
SG Shirish Godbole | Angel investor and tech leader, ex-IBM, focused on Indian startups | unknown_caf52e3512af4782a | ||
RB Rishab Bafna | unknown_f6426744801445938 | |||
JA Jon Ashley | Angel investor focusing on Indian startups, tech enthusiast | unknown_583a639342ae4edf9 | ||
ZM Zareena Moidu | unknown_be3a91ec80564e6cb |
Investor details for Automony
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rbsg Capital Private Limited (Automony)
Rbsg Capital Private Limited is the primary company behind Automony. The board of Rbsg Capital Private Limited currently have 2 directors; the longest-serving is Shirish B Godbole, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shirish B Godbole DIN 02144177 | Director | 07 Dec 2017 | 8 yrs 10 mo | Rbsg Capital Private Limited |
| Rishab Satish Bafna DIN 06492455 | Director | 07 Dec 2017 | 8 yrs 10 mo | Rbsg Capital Private Limited |
People of Automony
2 people are tracked at Automony (2 in leadership); the tracked headcount is 182.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Automony
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Automony
Figures of Rbsg Capital Private Limited, the primary company behind Automony, for FY 2023. Revenue was ₹21.35 Cr (+36% year on year). Net loss was -₹1.75 Cr (-8% margin). EBITDA was ₹8.50 Cr (40% margin). Revenue has grown at a compounded annual rate of +35% over three years and +257% over five years.
- ₹21.35 CrRevenue · FY 2023 · +36% YoY
- -₹1.75 CrNet loss · -8% margin
- ₹8.50 CrEBITDA · 40% margin
- ₹33.81 CrPaid-up capital
- 182Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +257%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rbsg Capital Private Limited are on its company page.
Detailed financial statements for Automony
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Automony
4 dated milestones of Automony across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Automony is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.2M.
Competitors of Automony
Automony has 3 listed competitors in our database, 3 of them funded. They include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hindujaleylandfinance.com | 2008 | Chennai, India | $276.07M | 14,664 | Vehicle and housing finance products are offered across India. | |
| bajajautofinance.com | 1987 | Pune, India | $10M | 109,163 | Auto finance loans are provided for two-wheelers, three-wheelers, and cars. | |
| otocapital.in | 2018 | Bengaluru, India | $29.66M | 229 | Two-wheeler loans are provided via a fintech platform for purchases. |
Detailed competitors of Automony
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Automony
The website of Automony (automony.in) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 22.8% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Automony (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Frequently Asked Questions about Automony
Automony was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Automony is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rishab Bafna is the CEO of Automony, as recorded in our data. They have also founded this company.
Automony is a funded company, having raised a total of $7.75M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Aug 2019.
Automony has 182 employees.
The primary company behind Automony, Rbsg Capital Private Limited, reported revenue of ₹21.35 Cr for FY 2023, up 36% year on year.
Automony was founded in 2017 and is based in Mumbai, India. Operations are conducted as a non-banking financial company specializing in auto finance. Digital lending services are offered for passenger vehicles and commercial trucks. Focus is placed on the vehicle financing sector, with loans extended to support acquisitions in these areas. The company serves the Indian market through its online platform.
Automony's top competitors include Hinduja Leyland Finance, Bajaj Auto Finance and OTO.
Automony offers Vehicle Loan.
Automony has 13 investors. Key investors include Sundaram Finance, JM Financial Private Equity, Aovi, Asha, and Dmtr Manegement.
The valuation of Automony is $19.65M as of Jun 2024.
Automony operates through Rbsg Capital Private Limited.