About AutoNxt Automation
AutoNxt Automation is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Pankaj Goyal and Kaustubh Dhonde. It operates as an electric tractors are manufactured for agriculture, industry, and defense uses. It operates in the Transportation, Automotive & Logistics and Agriculture sectors. 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. AutoNxt Automation was last valued at $10.45 million in February 2024. Its chief executive is Kaustubh Dhonde. Its Indian entity Autonxt Automation Private Limited reported revenue of ₹1.36 Cr. AutoNxt Automation offers products and services including X45 Electric Tractor, X25 Electric Tractor, and X60 Electric Tractor. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Off Highway Vehicles. Its competitors include Clearpath Robotics, Muddy Machines, Farm-ng, Agtonomy and Bluewhite and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 1
- Founders Pankaj Goyal, Kaustubh Dhonde
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsAgriculture
- Email••••••••
- Phone•••• ••••
- Website autonxt.in
- Social LinkedIn X Facebook
- Legal Name Autonxt Automation Private Limited
- Date of Incorporation 09 Aug, 2016
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹1.36 Cr
FY 2024 · +223% YoY
- Net Loss-₹3.08 Cr
FY 2024 · -226% margin
- EBITDA-₹3.01 Cr
FY 2024 · -221% margin
- Total Equity Funding$6.91M (USD)
in 9 rounds
- Latest Funding Round$3.01M (USD), Seed
Feb 2024
- InvestorsVirya Mobility
& 74 more
- Employee Count1
Associated legal entities of AutoNxt Automation
AutoNxt Automation operates through Autonxt Automation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Autonxt Automation Private Limited CIN U74999MH2016PTC284619 | Active | 09 Aug 2016 | Thane, Maharashtra | ₹1.4 Cr | 25 | 6 | View details |
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.
- Total Funding $6.91M
- Total Rounds 9
- Last Round Seed — $3.01M
- Investors Count 75
All 9 funding rounds of AutoNxt Automation 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 |
|---|---|---|---|---|---|
| Feb 2024 | $3.01M | Seed | $10.45M | Saama Capital | |
| Jun 2023 | $1.94M | Seed | – | Saama Capital, Katavul | |
| Nov 2022 | $349,022 | Seed | $18.09M | Tychonic Innovation, Helios Holdings | |
| Aug 2022 | $803,283 | Seed | – | Virya Mobility, Chand Das | |
| Apr 2022 | $83,315 | Angel Round | $••••• | Jagadish B Mendu, Mayank Maheshwari | – |
| Jul 2021 | $379,098 | Angel Round | $••••• | Ayad Khalil Chammas, Hemanshu Narsana | |
| Feb 2020 | $147,576 | Seed | $••••• | Virya Mobility | |
| Dec 2018 | $195,480 | Seed | $••••• | Arun Gupta, Devarajan Mohan | |
| Jul 2018 | – | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $10.45M | •••••••• |
| Nov 2022 | $18.09M | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Jul 2021 | $••••• | •••••••• |
| Feb 2020 | $••••• | •••••••• |
| Dec 2018 | $••••• | •••••••• |
Full valuation and stage history of AutoNxt Automation
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 $10.45M (Feb 2024). 75 investors in total: 12 institutional and 63 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and partnerships in diverse sectors. | 2012 | saama.vc | Bengaluru, India | |
Investment platform for building investor communities and facilitating startup deals. | 2022 | soonicornventures.com | Gurugram, India | |
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Venture capital investments are provided by Bluehill.VC. | – | bluehill.vc | - | |
Angel investments are directed by Pinaki Ventures across diverse sectors. | – | pinakiventures.tcc.mode | Delhi, India | |
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India | |
- | – | thesinghalchildern.tcc.mode | - | |
- | – | katavul.tcc.mode | - | |
Provider of professional learning and program management services | 2020 | heliosholdingsllc.org | Columbia, United States | |
Develops innovative powertrain technologies for electric vehicles. | 2017 | viryamobility.com | Bengaluru, India |
Investor details for AutoNxt Automation
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 Autonxt Automation Private Limited (AutoNxt Automation)
Autonxt Automation Private Limited is the primary company behind AutoNxt Automation. The board of Autonxt Automation Private Limited currently have 6 directors; the longest-serving is Pushpa Vinayak Dhonde, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pushpa Vinayak Dhonde DIN 07561399 | Director | 09 Aug 2016 | 10 yrs 2 mo | Autonxt Automation Private Limited |
| Kaustubh Vinayak Dhonde DIN 07405803 | Director | 09 Aug 2016 | 10 yrs 2 mo | Autonxt Automation Private Limited |
| Pillarisetti Swadeep DIN 07390869 | Director | 01 Jan 2017 | 9 yrs 9 mo | Autonxt Automation Private Limited |
| Ayad Khalil Chammas DIN 05340678 | Director | 19 Nov 2021 | 4 yrs 11 mo | Autonxt Automation Private Limited |
| Inala Veerabhadra Rao DIN 00329370 | Director | 16 Aug 2022 | 4 yrs 2 mo | Autonxt Automation Private Limited |
| Pankaj Goyal DIN 09033405 | Director | 16 Aug 2022 | 4 yrs 2 mo | Autonxt Automation Private Limited |
People of AutoNxt Automation
2 people are tracked at AutoNxt Automation (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for AutoNxt Automation
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 AutoNxt Automation
Figures of Autonxt Automation Private Limited, the primary company behind AutoNxt Automation, for FY 2024. Revenue was ₹1.36 Cr (+223% year on year). Net loss was -₹3.08 Cr (-226% margin). EBITDA was -₹3.01 Cr (-221% margin). Revenue has grown at a compounded annual rate of +120% over three years and +75% over five years.
- ₹1.36 CrRevenue · FY 2024 · +223% YoY
- -₹3.08 CrNet loss · -226% margin
- -₹3.01 CrEBITDA · -221% margin
- ₹80 LakhPaid-up capital
- 25Employees (provident fund records)
- +120%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Autonxt Automation Private Limited are on its company page.
Detailed financial statements for AutoNxt Automation
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 AutoNxt Automation
4 dated milestones of AutoNxt Automation across 8 years, from founding to its latest funding, stage changes and deals.
- Founded AutoNxt Automation is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.0M.
Competitors of AutoNxt Automation
AutoNxt Automation has 8 listed competitors in our database, 8 of them funded. They include Clearpath Robotics, Muddy Machines, Farm-ng, Agtonomy and Bluewhite, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearpathrobotics.com | 2009 | Kitchener, Canada | $85.79M | 260 | Autonomous robots and software are provided for diverse industries. | |
| muddymachines.com | 2020 | London, United Kingdom | $2.43M | 13 | AI-powered autonomous robots for crop fieldwork are developed. | |
| farm-ng.com | 2020 | Watsonville, United States | $10.05M | – | Provider of electric tractors for farmers | |
| agtonomy.com | 2021 | San Francisco, United States | $64M | – | Mobile assistant software is provided for autonomous agricultural machinery. | |
| bluewhite.ai | 2017 | Tel Aviv, Israel | $76M | – | Autonomous farming solutions are provided via AI and robotics. | |
| bearflagrobotics.com | 2017 | Sunnyvale, United States | $11.52M | – | Self-driving technology for tractors is developed and retrofitted. | |
| seederal.fr | 2020 | Brest, France | $8.87M | – | Electric tractors are provided for farmers' battery-powered field operations. | |
| cellestial.com | 2019 | Hyderabad, India | $701,421 | 75 | AI-enabled electric tractors and components are manufactured. |
Detailed competitors of AutoNxt Automation
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 AutoNxt Automation
The website of AutoNxt Automation (autonxt.in) receives about 7.7K visits a month.
- Monthly visits7.7K
▼ 51.2% vs previous month
Top companies in Autonomous Vehicles
10 companies that operate in the same segment as AutoNxt Automation (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | 1,152 | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 515 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Autonxt Automation
Complete news archive for AutoNxt Automation
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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.
AutoNxt Automation has 1 employees.
The primary company behind AutoNxt Automation, Autonxt Automation Private Limited, reported revenue of ₹1.36 Cr for FY 2024, up 223% year on year.
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.
AutoNxt Automation operates through Autonxt Automation Private Limited.