About Intellicar
Intellicar is a Technology company based in Bengaluru (India) founded in 2015 by Sidharth Middela, Shunmuga Krishnan, and Karan Makhija, and was acquired by Fabric IoT in May 2022. It operates in the Technology, Industrial Goods & Manufacturing, and Transportation, Automotive & Logistics sectors. The company has 130 employees. Its chief executive, as recorded, is Karan Makhija. Its website intellicar.in draws about 12 thousand monthly visits. Its Indian entity Intellicar Telematics Private Limited reported revenue of βΉ66.16 Cr. Intellicar offers products and services including Fleet Management Platform, EV Diagnostics Tool, and Battery Monitoring System. Its focus areas include High Tech, Security & Surveillance Technology, Location Tracking and Vehicle Tracking.
Company details
Cloud and IoT-based connected mobility solutions. It provides users with a platform that offers IoT-based solutions for the automotive industry and EV value chain, specializing in connected vehicle technology. It offers solutions in telematics, fleet management, fuel monitoring, keyless access control, driver and passenger safety, driver coaching, preventive maintenance, and predictive analytics. It also offers solutions to diverse clients, including automotive OEMs, fleet-powered enterprises, energy-related, and battery businesses, and finance and insurance sectors. It also provides data loss prevention while scaling, and managing data security measures are some of the features of the platform.
- Headquarters Bengaluru, India
- Employees 130
- Founders Sidharth Middela, Shunmuga Krishnan, Karan Makhija
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Website intellicar.in
- Social LinkedIn X Facebook
- Acquired by Fabric IoT (May 2022)
- Legal Name Intellicar Telematics Private Limited
- Date of Incorporation 23 Feb, 2015
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹66.16 Cr
FY 2025 · +81% YoY
- Net Loss-₹18.1 Lakh
FY 2025 · 0% margin
- EBITDA₹4.51 Cr
FY 2025 · 7% margin
- InvestorsTVS Motor Company
& 2 more
- Employee Count130
- Acquired by
Associated legal entities of Intellicar
Intellicar is associated with 3 registered companies on The Company Check; the primary company is Intellicar Telematics Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Intellicar Telematics Private Limited CIN U72300KA2015PTC078960 | Active | 23 Feb 2015 | Bengaluru, Karnataka | ₹66.2 Cr | 130 | 2 | View details |
| Fabric Iot Private Limited CIN U72900KA2022PTC158230 | Active | 22 Feb 2022 | Bangalore, Karnataka | ₹36.5 Cr | 4 | View details | |
| Intellicar Innovations Llp CIN AAD-6153 | Strike Off | 24 Mar 2015 | Bengaluru, Karnataka | 2 | View details |
Products & Services of Intellicar
Intellicar offers a comprehensive portfolio of products and services, including Fleet Management Platform, EV Diagnostics Tool, and Battery Monitoring System.
Real-time tracking and maintenance for fleet optimization
Advanced tools for vehicle performance and remote updates
System to track battery health and lifecycle management
Funding Insights of Intellicar
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Intellicar 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 |
|---|---|---|---|---|---|
| Aug 2017 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in Intellicar
Intellicar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include TVS Motor Company, Fabric IoT and Startup Karnataka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
Two-wheeler and three-wheeler vehicles are manufactured, including bikes and scooters. | 1911 | tvsmotor.com | Hosur, India | |
Data and energy infrastructure for EV charging is provided. | 2022 | fabriciot.com | Bengaluru, India |
Investor details for Intellicar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Intellicar Telematics Private Limited (Intellicar)
Intellicar Telematics Private Limited is the primary company behind Intellicar. The boards of the 3 registered companies of Intellicar currently have 6 directors; the longest-serving is Kaushik Sunder Raju, appointed in 2015. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushik Sunder Raju DIN 03214882 | Designated Partner | 24 Mar 2015 | 11 yrs 7 mo | Intellicar Innovations Llp |
| Chinnaswamy Sunder Raju DIN 00592212 | Designated Partner | 25 Oct 2016 | 9 yrs 11 mo | Intellicar Innovations Llp |
| Karan Makhija DIN 06747682 | Director | 22 Feb 2022 | 4 yrs 8 mo | Fabric Iot Private Limited, Intellicar Telematics Private Limited |
| Shunmuga Krishnan Senthil Arumugam DIN 08691888 | Director | 22 Feb 2022 | 4 yrs 8 mo | Fabric Iot Private Limited, Intellicar Telematics Private Limited |
| Stephen Dongwon Lee DIN 08640160 | Nominee Director | 01 Jan 2025 | 1 yr 9 mo | Fabric Iot Private Limited |
| Ted Tenjen Maa DIN 11045410 | Nominee Director | 05 May 2025 | 1 yr 5 mo | Fabric Iot Private Limited |
People of Intellicar
22 people are tracked at Intellicar (8 in leadership, 14 in team); the tracked headcount is 130.
| Name | Role | Group |
|---|---|---|
| Co-Founder & VP Engineering | Leadership | |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
| CTO & Co-Founder | Leadership | |
Bhargav R. | Chief Business Officer | Leadership |
Siddharth Saneja | Head - Finance, SCM & Strategy | Leadership |
Leroy D'souza | VP Of Engineering - Hardware | Leadership |
SURESH S | Head - Mechanical | Leadership |
DEEPAK MANI | Device management engineer | Team |
Omkar Govindappa | System Software Engineer | Team |
Akash Sullia | Back End Developer | Team |
Lakshmanan R | Lead Hardware Design Engineer | Team |
Lakshmiprasad R | Finance Manager | Team |
Rishil Nambiar | Customer Success Manager | Team |
CA Venkat Gottapu | Finance Manager | Team |
Karan Kumar Aneja R | Engineer II - Frontend | Team |
Neeraj Bhattathiripad | Lead - IoT Device Management at Intellicar Telematics | Team |
Vinaykumar Shyadaguppi | Program Manager Hardware | Team |
Madhusudhana Muniraju | Lead Mechanical Engineer | Team |
Prajwal MS | Sales Strategy Manager | Team |
2 more people are available in the full profile.
Complete people profiles for Intellicar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Intellicar
Figures of Intellicar Telematics Private Limited, the primary company behind Intellicar, for FY 2025. Revenue was ₹66.16 Cr (+81% year on year). Net loss was -₹18.1 Lakh (0% margin). EBITDA was ₹4.51 Cr (7% margin). Revenue has grown at a compounded annual rate of +45% over three years and +33% over five years.
- ₹66.16 CrRevenue · FY 2025 · +81% YoY
- -₹18.1 LakhNet loss · 0% margin
- ₹4.51 CrEBITDA · 7% margin
- ₹1.48 CrPaid-up capital
- 130Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Intellicar Telematics Private Limited are on its company page.
Detailed financial statements for Intellicar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Intellicar
4 dated milestones of Intellicar across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Intellicar is founded.
- Funding First funding round.
- Exit Acquired by TVS Motor Company.
- Exit Acquired by Fabric IoT.
Web traffic of Intellicar
The website of Intellicar (intellicar.in) receives about 12.3K visits a month.
- Monthly visits12.3K
▼ 11.3% vs previous month
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Related news about Intellicar
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Frequently Asked Questions about Intellicar
Intellicar was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Intellicar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Karan Makhija is the CEO of Intellicar, as recorded in our data. They have also founded this company.
Intellicar has 130 employees.
The primary company behind Intellicar, Intellicar Telematics Private Limited, reported revenue of βΉ66.16 Cr for FY 2025, up 81% year on year.
Cloud and IoT-based connected mobility solutions. It provides users with a platform that offers IoT-based solutions for the automotive industry and EV value chain, specializing in connected vehicle technology. It offers solutions in telematics, fleet management, fuel monitoring, keyless access control, driver and passenger safety, driver coaching, preventive maintenance, and predictive analytics. It also offers solutions to diverse clients, including automotive OEMs, fleet-powered enterprises, energy-related, and battery businesses, and finance and insurance sectors. It also provides data loss prevention while scaling, and managing data security measures are some of the features of the platform.
Intellicar offers Fleet Management Platform, EV Diagnostics Tool, and Battery Monitoring System.
Intellicar has 3 investors. Key investors include TVS Motor Company, Fabric IoT, and Startup Karnataka.
Intellicar is associated with 3 legal entities: Intellicar Telematics Private Limited, Intellicar Innovations Llp, Fabric Iot Private Limited.
Yes. Intellicar was acquired by Fabric IoT in May 2022.
The legal entities of Intellicar currently have 6 directors, including Kaushik Sunder Raju, Chinnaswamy Sunder Raju, Karan Makhija and others.

