Intellicar

Bengaluru, India Founded: 2015 • Age: 11 yrs Acquired By Fabric IoT
Cloud and IoT-based connected mobility solutions

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 β‚Ή66.16 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
  • Sectors
    Technology
    Industrial Goods & Manufacturing Transportation, Automotive & Logistics
  • Email
    β€’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
Key Metrics
  • 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

  • Investors
  • Employee Count
    130
  • Acquired by
    Fabric IoT

    & 1 more

    (May 2022)

Products & Services of Intellicar

Intellicar offers a comprehensive portfolio of products and services, including Fleet Management Platform, EV Diagnostics Tool, and Battery Monitoring System.

Fleet Management Platform
IoT Software

Real-time tracking and maintenance for fleet optimization

EV Diagnostics Tool
IoT Hardware

Advanced tools for vehicle performance and remote updates

Battery Monitoring System
IoT Solutions

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2017Grant––
Valuation history

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
Two-wheeler and three-wheeler vehicles are manufactured, including bikes and scooters.
1911tvsmotor.comHosur, India
Data and energy infrastructure for EV charging is provided.
2022fabriciot.comBengaluru, India
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Investor details for Intellicar

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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.

DirectorDesignationAppointedTenureEntity
Kaushik Sunder Raju
DIN 03214882
Designated Partner24 Mar 201511 yrs 7 moIntellicar Innovations Llp
Chinnaswamy Sunder Raju
DIN 00592212
Designated Partner25 Oct 20169 yrs 11 moIntellicar Innovations Llp
Karan Makhija
DIN 06747682
Director22 Feb 20224 yrs 8 moFabric Iot Private Limited, Intellicar Telematics Private Limited
Shunmuga Krishnan Senthil Arumugam
DIN 08691888
Director22 Feb 20224 yrs 8 moFabric Iot Private Limited, Intellicar Telematics Private Limited
Stephen Dongwon Lee
DIN 08640160
Nominee Director01 Jan 20251 yr 9 moFabric Iot Private Limited
Ted Tenjen Maa
DIN 11045410
Nominee Director05 May 20251 yr 5 moFabric Iot Private Limited

People of Intellicar

22 people are tracked at Intellicar (8 in leadership, 14 in team); the tracked headcount is 130.

NameRoleGroup
Co-Founder & VP EngineeringLeadership
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
CTO & Co-FounderLeadership
Bhargav R.
Chief Business OfficerLeadership
Siddharth Saneja
Head - Finance, SCM & StrategyLeadership
Leroy D'souza
VP Of Engineering - HardwareLeadership
SURESH S
Head - MechanicalLeadership
DEEPAK MANI
Device management engineerTeam
Omkar Govindappa
System Software EngineerTeam
Akash Sullia
Back End DeveloperTeam
Lakshmanan R
Lead Hardware Design EngineerTeam
Lakshmiprasad R
Finance ManagerTeam
Rishil Nambiar
Customer Success ManagerTeam
CA Venkat Gottapu
Finance ManagerTeam
Karan Kumar Aneja R
Engineer II - FrontendTeam
Neeraj Bhattathiripad
Lead - IoT Device Management at Intellicar TelematicsTeam
Vinaykumar Shyadaguppi
Program Manager HardwareTeam
Madhusudhana Muniraju
Lead Mechanical EngineerTeam
Prajwal MS
Sales Strategy ManagerTeam

2 more people are available in the full profile.

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Complete people profiles for Intellicar

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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.

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Detailed financial statements for Intellicar

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Intellicar

4 dated milestones of Intellicar across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Intellicar is founded.
  2. Funding First funding round.
  3. Exit Acquired by TVS Motor Company.
  4. Exit Acquired by Fabric IoT.

Web traffic of Intellicar

The website of Intellicar (intellicar.in) receives about 12.3K visits a month.

  • Monthly visits
    12.3K

    ▼ 11.3% vs previous month

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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 β‚Ή66.16 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.

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