When was Ajjas founded?

Ajjas was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Ajjas located?

Ajjas is headquartered in Mumbai, India. It is registered at Office No A 1304-1305, Shelthon Sapphire Plot No 18/19 Sector 15, Palm Beach Road, Belapu, r, Thane, Navi Mumbai, Maharashtra, India, 400614.

Who is the current CEO of Ajjas?

Gaurav Verma of Ajjas. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Ajjas associated with?

Ajjas is associated with Hps Lab Designs Private Limited.

How many employees does Ajjas have?

As of Aug 31, 2025, Ajjas has 47 employees, reflecting a 21% year-over-year growth in headcount.

Is Ajjas a funded company?

Ajjas is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 2019.

When was the latest funding round of Ajjas?

Ajjas' latest funding was a $***** Seed round on Feb 2020, with participation from 2 investors. Its primary sector is Connected Vehicles. Globally, the Connected Vehicles sector has seen $307M in funding in 2026 to date.

What is the annual revenue of Ajjas?

Annual revenue of Ajjas is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Ajjas rank among its competitors?

Ajjas ranks 36th amongst 1968 active competitors, of which 67 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was GoMotive, which secured $150M in May, 2025.

Who are the top competitors of Ajjas?

Ajjas' top competitors include Samsara, GoMotive and Element. Among them, GoMotive secured the most recent funding round in May, 2025.

Ajjas - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of IoT GPS tracking devices and analytics for businesses. The company offers solutions for logistics, fleet management, rental services, finance, and last-mile delivery. Features include real-time tracking, geo-fencing, remote immobilization, and predictive analytics. The company's devices integrate with other brands, offering flexibility.

Website: ajjas.com
Social
Email ID: *****@ajjas.com
Phone Number: +91 **********
Part Of
Registered Address: Office No A 1304-1305, Shelthon Sapphire Plot No 18/19 Sector 15, Palm Beach Road, Belapu, r, Thane, Navi Mumbai, Maharashtra, India, 400614

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Seed

Latest Funding Round

Seed, Feb 2020, $*****

Investors

Malpani Ventures & 4 more

Ranked

36^th among 1968 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

47 as on Aug 31, 2025

Similar Companies

GoMotive & 276 more

View Ajjas' full profile

Ajjas is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Hps Lab Designs Private Limited CIN: U72900MH2016PTC283344 , India, Active	Jul 06, 2016	$1M - $10M (As on Mar 31, 2025)	47 (As on Aug 31, 2025)

Ajjas has raised funding over 2 rounds. Its first funding round was on Sep 2019. Its latest funding round was a Seed round on Feb 2020 for $*****. 2 investors participated in its latest round. Ajjas has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Ajjas:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 2020	5591456	Seed	6646892	2272176	9722243	3506174
Sep 2019	3752262	Seed	2304257	8229920	1365702	Pravin Gandhi & 1 more

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View details of Ajjas's funding rounds and investors

The founders of Ajjas are Gaurav Verma and Shailendra Singh.

Here are the details of Ajjas' key team members:

Gaurav Verma: Co-Founder & CEO of Ajjas and founder of 2 other companies, YourShell and HPS Lab Designs. They are also an angel investor in 2 startups and serve on the boards of 3 companies.
Contact Info: 2 email addresses
Shailendra Singh: Co-Founder & Director of Ajjas. They are also an angel investor in 5 startups and serve on the boards of 2 companies.
Contact Info: 1 email address

Ajjas' Board of Directors

Ajjas's board has 2 active members. Gaurav Verma and Shailendra Singh are part of team.

Here is the list of Ajjas' board of directors:

Name	Type	Representing	Status	Duration
Gaurav Verma	Team	-	Current	9y 10m
Shailendra Singh	Team	-	Current	7y 4m

View details of Ajjas's Founder profiles and Board Members

Ajjas' employee count trend

Ajjas has 47 employees as of Aug 25. The total employee count is 21.0% more than what it was in Aug 24. Here is Ajjas's employee count trend over the years:

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Top competitors of Ajjas include Samsara, GoMotive and Element. Here is the list of Top 10 competitors of Ajjas, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	General Catalyst, Andreessen Horowitz & 13 others	86/100
2nd	GoMotive 2013, San Francisco (United States), Series F	AI-powered fleet management platform	$717M	Greenoaks, Kleiner Perkins & 28 others	77/100
3rd	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
4th	Netradyne 2015, San Diego (United States), Series D	AI-powered fleet safety camera system	$297M	SoftBank Vision Fund, M12 & 11 others	67/100
5th	Azuga 2013, San Jose (United States), Acquired	Developer of fleet management software and vehicle telematics tracking systems	-	-	67/100
6th	Radius 1990, San Francisco (United States), Acquired	Predictive marketing and sales platform	$333M	American Express Ventures, BBVA Ventures ... & 18 others	66/100
7th	Geotab 2000, Oakville (Canada), Unfunded	AI and SaaS-driven telematics-based fleet management solutions	-	-	64/100
8th	LightMetrics 2015, Bengaluru (India), Series A	Provider of video telematics solutions for telematics service providers	$10.7M	Beenext, Peak XV Partners & 10 others	64/100
9th	Zubie 2012, Charleston (United States), Series B	Provider of plugin device to monitor vehicle data and usage-based Insurance	$33.5M	Melody, Decathlon Capital Partners & 7 others	64/100
10th	Zonar Systems 2001, Seattle (United States), Acquired	Cloud-enabled platform offering end-to-end fleet management solutions	$50M	Daimler Trucks North America	63/100
36th	Ajjas 2016, Mumbai (India), Seed	Provider of IoT GPS tracking devices and analytics for businesses	-	Malpani Ventures, Key Venture & 3 others	53/100