When was Autovert founded?

Autovert was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Autovert located?

Autovert is headquartered in Bengaluru, India. It is registered at Millennium No. - 1082, HAL 2nd Stage 2nd Floor, 12th Main Road, 5th Cross, HAL 2nd Stage, Indiranagar, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038.

Which legal entities is Autovert associated with?

Autovert is associated with AUTOVERT TECHNOLOGIES PRIVATE LIMITED.

How many employees does Autovert have?

As of May 31, 2026, Autovert has 45 employees, reflecting a 2% year-over-year decline in headcount.

Is Autovert a funded company?

Autovert is a funded company, having raised a total of $194K across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 25, 2017.

How much is Autovert worth?

The last known valuation of Autovert was $***** as of Mar 11, 2019.

When was the latest funding round of Autovert?

Autovert's latest funding was a $***** Seed round on Nov 22, 2022, with participation from 1 investor. Its primary sector is Electric Vehicles. In India, the Electric Vehicles sector has seen $1.1B in funding in 2026 to date.

What is the annual revenue of Autovert?

Annual revenue of Autovert is less than ₹10 Cr as on Mar 31, 2025

Where does Autovert rank among its competitors?

Autovert ranks 11th amongst 118 active competitors, of which 13 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Hala Mobility, which secured $1.35M in Jan, 2026.

Who are the top competitors of Autovert?

Autovert's top competitors include Sixt, Dance and Enterprise. Among them, Hala Mobility secured the most recent funding round in January, 2026.

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

Autovert is an acquired company based in Bengaluru (India), founded in 2017 by Uday Narayana Rao Disley and Sachin Tansukhrai Mehta. It operates as a Provider of electric vehicle leasing and asset lifecycle management services. Autovert has raised $194K in funding from Accretive Cleantech Finance, with last known valuation of $*****. The company has 118 active competitors, including 13 funded and 13 that have exited. Its top competitors include companies like Sixt, Dance and Enterprise.

Company Details

Provider of electric vehicle leasing and asset lifecycle management services. This business offers financing and subscription programs for various electric vehicle types. It manages fleet operations and provides inspection, certification, and refurbishment services to facilitate the redeployment of used electric vehicles. These activities support the continued use of assets beyond their initial ownership period.

Website: autovert.in
Social
Email ID: *****@autovert.in
Part Of
Registered Address: Millennium No. - 1082, HAL 2nd Stage 2nd Floor, 12th Main Road, 5th Cross, HAL 2nd Stage, Indiranagar, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038

Key Metrics

Founded Year

2017

Location

Bengaluru, India

Stage

Acquired

Total Funding

$194K in 3 rounds

Latest Funding Round

Seed, Nov 22, 2022, $*****

Last Known Valuation

$***** as on Mar 11, 2019

Investors

Accretive Cleantech Finance & 11 more

Ranked

11^th among 118 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

45 as on May 31, 2026

Similar Companies

Exa Ride & 2 more

Exit Details

Acquired by Ecofy (Dec 13, 2022)

View Autovert's full profile

Autovert is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AUTOVERT TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2017PTC102090 , India, Active	Apr 07, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	45 (As on May 31, 2026)

Autovert got acquired by Ecofy on Dec 13, 2022.

Click here to take a look at Autovert's acquisition in detail

Autovert has raised a total funding of $194K over 3 rounds. Its first funding round was on Oct 25, 2017. Its latest funding round was a Seed round on Nov 22, 2022 for $*****. 1 investor participated in its latest round. Autovert has 2 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Autovert:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 22, 2022	2895390	Seed	5740531	2101246	3480024	4069531
Mar 11, 2019	7624795	Angel	9572121	3315370	4794734	VK Gopalakrishnan & 2 more
Oct 25, 2017	6130237	Angel	4415272	8164004	Sudheendra Magdal	Uday Narayana Rao Disley

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View details of Autovert's funding rounds and investors

The founders of Autovert are Uday Narayana Rao Disley and Sachin Tansukhrai Mehta. Kartik Gupta is the CEO of Autovert.

Here are the details of Autovert's key team members:

Uday Narayana Rao Disley: Former Co-Founder of Autovert. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 phone number
Sachin Tansukhrai Mehta: Former Co-Founder of Autovert. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Kartik Gupta: CEO of Autovert.
Contact Info: 1 email address

Autovert's Board of Directors

Autovert's board has 2 active members. Govind Sankaranarayanan and Rajashree Nambiar are independent board members.

Here is the list of Autovert's board of directors:

Name	Type	Representing	Status	Duration
sgfqfqj	Team	-	Past	9y 7m
dashroo	Team	-	Past	5y 9m
dvyw{rj	Team	-	Past	7y 3m
Govind Sankaranarayanan	Independent board member	-	Current	3y 10m
krmuxpj	Independent board member	-	Current	1y 5m

View details of Autovert's Founder profiles and Board Members

Autovert's employee count trend

Autovert has 45 employees as of May 26. The total employee count is 2.0% lower than what it was in May 25. Here is Autovert's employee count trend over the years:

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Top competitors of Autovert include Sixt, Dance and Enterprise. Here is the list of Top 10 competitors of Autovert, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sixt 1912, Pullach (Germany), Public	Online platform offering rental cars and trucks	-	Taaleri, EIP & 3 others	70/100
2nd	Dance 2010, Berlin (Germany), Acquired	Provider of subscription based electric bicycle rental services	$86.1M	HV Capital, Eurazeo & 30 others	65/100
3rd	Enterprise 1957, Clayton (United States), Acquired	App-based platform offering multi-category vehicle rental services	-	Backed, Austin Ventures	65/100
4th	Fair 2016, Santa Monica (United States), Series B	App-based platform to lease cars	$566M	SoftBank Vision Fund, Javelin Venture Partners ... & 46 others	63/100
5th	Hala Mobility 2020, Hyderabad (India), Series A	Provider of electric vehicle subscription leasing and financing service options	$12.6M	FTA HSRP Solutions, Maxwin Investment Advisors ... & 28 others	63/100
6th	LeasePlan 1963, Alpharetta (United States), Acquired	Online car leasing platform	-	Ardian, Mubadala & 4 others	56/100
7th	EVeez 2019, Gurugram (India), Series A	Provider of electric vehicle subscription services for last mile delivery	$6.39M	Michael & Susan Dell Foundation, Ev2 Ventures ... & 63 others	54/100
8th	FlexCar 2018, Athens (Greece), Series C	Online car leasing platform	$283M	Venture Friends, Fasanara & 6 others	49/100
9th	Rodo 2016, New York City (United States), Series B	App-based car leasing platform	$45M	Evolution VC Partners, IAC & 9 others	48/100
10th	Instacar 2018, Marousi (Greece), Series A	Internet-first platforms providing car and bikes leasing services	$58.8M	Velocity Partners, Olympia Group & 4 others	45/100
11th	Autovert 2017, Bengaluru (India), Acquired	Provider of electric vehicle leasing and asset lifecycle management services	$194K	Ather Energy & 11 others	43/100

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Enterprises own 1.29%, Angels own 2.03% and Other People (largest shareholder) own 96.69%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Enterprise	1.29%	63.6L	6	8	2	8
Angel	2.03%	1Cr	33	98	76	46
Sudheendra Magdal	2	5	6	6	2	3
Narasimha Prasad	0	0	0	0	0	0
VK Gopalakrishnan	0	0	0	0	0	0
Other People	96.69%	47.8Cr	6579605	1365647	1715840	4627206
Total	100.00%	49.4Cr	7799143	2327862	8371411	8624055