About Autoverse
Autoverse is a company based in Bengaluru (India) founded in 2023 by Mihir Mohan, Krishnakumar R, and Shiv Soni.. Autoverse has raised $2.9 million across 1 funding round from investors including Angel List, Alteria Capital and Exfinity Venture Partners. The company has 80 employees as of April 30, 2025. Autoverse offers products and services including Autoverse App, Online Ordering System, and Supplier Network. Autoverse operates in a competitive market with competitors including TyrePlex, Koovers, Garaaz, Autozilla and Spareta, among others.
- Headquarter Bengaluru, India
- Employees 80 as on 30 Apr, 2025
- Founders Mihir Mohan, Krishnakumar R, Shiv Soni
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Autoverse Mobility Private Limited
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$634.09 K (USD)0as on Mar 31, 2024
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Net Profit
$-573.6 K (USD)0as on Mar 31, 2024
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EBITDA
$-491.45 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$2.9 M (USD)
in 1 rounds
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Latest Funding Round
$2.9 M (USD), Seed
Jul 14, 2023
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Investors
Angel List
& 7 more
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Employee Count
80
as on Apr 30, 2025
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Products & Services of Autoverse
Autoverse offers a comprehensive portfolio of products and services, including Autoverse App, Online Ordering System, and Supplier Network. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for ordering and delivering genuine auto parts efficiently.
Web-based platform for auto parts procurement and inventory management.
System connecting vendors for seamless auto parts supply and distribution.
Funding Insights of Autoverse
Autoverse has successfully raised a total of $2.9M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.9 million completed in July 2023. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.9M
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First Round
First Round
(14 Jul 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Autoverse | Valuation | Exfinity Venture Partners , Ventureast |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Autoverse
Autoverse has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Alteria Capital and Exfinity Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in B2B technology ventures from India for global markets.
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Founded Year | Domain | Location | |
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Autoverse
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Autoverse
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Autoverse Comparisons
Competitors of Autoverse
Autoverse 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 TyrePlex, Koovers, Garaaz, Autozilla and Spareta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
B2B marketplace for tyre dealers
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| domain | founded_year | HQ Location |
App-based platform offering car spare parts and accessories
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| domain | founded_year | HQ Location |
Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts
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| domain | founded_year | HQ Location |
Online B2B marketplace to buy & sell auto parts
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| domain | founded_year | HQ Location |
B2B platform for mechanics to search and order automotive spare parts via voice commerce.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Autoverse
When was Autoverse founded?
Autoverse was founded in 2023.
Where is Autoverse located?
Autoverse is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Autoverse?
Mihir Mohan is the current CEO of Autoverse. They have also founded this company.
Is Autoverse a funded company?
Autoverse is a funded company, having raised a total of $2.9M across 1 funding round to date. The company's 1st funding round was a Seed of $2.9M, raised on Jul 14, 2023.
How many employees does Autoverse have?
As of Apr 30, 2025, the latest employee count at Autoverse is 80.
What is the annual revenue of Autoverse?
Annual revenue of Autoverse is $634.09K as on Mar 31, 2024.
What does Autoverse do?
Autoverse was founded in 2023 in Bengaluru, India, as a digital distributor in the automotive sector. Spare parts for various vehicle brands are supplied to garage owners and vendors through an online platform. Inventory management is handled, along with solutions for multi-brand requirements. A range of components, including engine parts, brake systems, electrical items, and interior accessories, is offered to support automotive repair needs.
Who are the top competitors of Autoverse?
What products or services does Autoverse offer?
Autoverse offers Autoverse App, Online Ordering System, and Supplier Network.
Who are Autoverse's investors?
Autoverse has 8 investors. Key investors include Angel List, Alteria Capital, Exfinity Venture Partners, Ventureast, and Founder Collective.
What is Autoverse's valuation?
The valuation of Autoverse is $10.41M as of Jul 2023.