About AutoNxt Automation
AutoNxt Automation is a company based in Mumbai (India) founded in 2016 by Pankaj Goyal and Kaustubh Dhonde. AutoNxt Automation has raised $6.91 million across 9 funding rounds from investors including Virya Mobility, Soonicorn Ventures and Saama Capital. The company has 1 employees as of March 25, 2024. AutoNxt Automation offers products and services including X45 Electric Tractor, X25 Electric Tractor, and X60 Electric Tractor. AutoNxt Automation operates in a competitive market with competitors including Clearpath Robotics, Muddy Machines, Farm-ng, Agtonomy and Bluewhite, among others.
- Headquarter Mumbai, India
- Employees 1 as on 25 Mar, 2024
- Founders Pankaj Goyal, Kaustubh Dhonde
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsAgriculture
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Email
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Phone
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Website
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Social
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- Legal Name Autonxt Automation Private Limited
- Date of Incorporation 09 Aug, 2016
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$50.72 K (USD)0.37as on Mar 31, 2023
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Net Profit
-$134.62 K (USD)-279.78as on Mar 31, 2023
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EBITDA
-$231.27 K (USD)-112.12as on Mar 31, 2023
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Total Equity Funding
$6.91 M (USD)
in 9 rounds
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Latest Funding Round
$3.01 M (USD), Seed
Feb 13, 2024
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Investors
Virya Mobility
& 74 more
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Employee Count
1
as on Mar 25, 2024
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Products & Services of AutoNxt Automation
AutoNxt Automation offers a comprehensive portfolio of products and services, including X45 Electric Tractor, X25 Electric Tractor, and X60 Electric Tractor.
45HP tractor for farming and haulage with zero emissions.
25HP tractor for agricultural tasks and efficiency.
60HP tractor for heavy-duty industrial applications.
Funding Insights of AutoNxt Automation
AutoNxt Automation has successfully raised a total of $6.91M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $3.01 million completed in February 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.
Investors in AutoNxt Automation
AutoNxt Automation has secured backing from 75 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Virya Mobility, Soonicorn Ventures and Saama Capital.
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Venture capital investments and partnerships in diverse sectors.
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Accredited investors are networked for private equity funding opportunities.
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Investor details for AutoNxt Automation
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Investments & Acquisitions by AutoNxt Automation
Investment portfolio details for AutoNxt Automation
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Financial Statements - AutoNxt Automation
Detailed financials for AutoNxt Automation
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Autonxt Automation Comparisons
Peer comparison for AutoNxt Automation
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Competitors of AutoNxt Automation
AutoNxt Automation 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 Clearpath Robotics, Muddy Machines, Farm-ng, Agtonomy and Bluewhite, among others.
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Autonomous robots and software are provided for diverse industries.
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AI-powered autonomous robots for crop fieldwork are developed.
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Provider of electric tractors for farmers
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Mobile assistant software is provided for autonomous agricultural machinery.
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Autonomous farming solutions are provided via AI and robotics.
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Detailed competitors of AutoNxt Automation
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Latest news on Autonxt Automation
Complete news archive for AutoNxt Automation
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Frequently Asked Questions about AutoNxt Automation
AutoNxt Automation was founded in 2016 and raised its 1st funding round 2 years after it was founded.
AutoNxt Automation is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kaustubh Dhonde is the current CEO of AutoNxt Automation. They have also founded this company.
AutoNxt Automation is a funded company, having raised a total of $6.91M across 9 funding rounds to date.
As of Mar 25, 2024, the latest employee count at AutoNxt Automation is 1.
Annual revenue of AutoNxt Automation is $50.72K as on Mar 31, 2023.
AutoNxt Automation was founded in 2016 in Mumbai, India, where electric tractors are developed for sectors including agriculture, industry, and defense. Operations encompass material handling, site maintenance, and logistical support in construction, metal manufacturing, and airport environments. Remote operation and all-terrain features are incorporated to address diverse tasks across these areas.
AutoNxt Automation's top competitors include Clearpath Robotics, Farm-ng and Muddy Machines.
AutoNxt Automation offers X45 Electric Tractor, X25 Electric Tractor, and X60 Electric Tractor.
AutoNxt Automation has 75 investors. Key investors include Virya Mobility, Soonicorn Ventures, Saama Capital, Keiretsu Forum, and Maharashtra State Innovation Society.
The valuation of AutoNxt Automation is $10.45M as of Feb 2024.