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Flux Auto - About the company

Flux Auto is a seed company based in Bengaluru (India), founded in 2017 by Pranav Manpuria and Abhishek Gupta. It operates as a Developer of self-driving tech for commercial vehicles. Flux Auto has raised $1.25M in funding from Y Combinator and 7percent Ventures, with a current valuation of *****. The company has 6 active competitors, including 3 that are funded. Its top competitors include companies like Autonomous Tractor Corporation, RRAI and SteerAI.

Company Details

Developer of self-driving tech for commercial vehicles. The company claims to develop an autonomous driving system that can be retrofitted with any kind of existing truck. To drive down the cost, the company uses vision algorithms that can be used with regular cameras instead of using LiDARs. The system is being developed to handle cruise control, lane-keeping, and collision avoidance.
Social
XFacebook
Email ID
*****@fluxauto.xyz
Phone Number
+91 **********
Registered Address
No. 29/2, Byrappa Garden, Doddabommasandra Ramachandrapura, Jalahalli Post, Bangalore, Bangalore, Karnataka, India, 560013
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.25M in 5 rounds
Latest Funding Round
Post Money Valuation
***** as on Aug 14, 2020
Ranked
Annual Revenue
₹1.64L as on Mar 31, 2025
Employee Count
44 as on Oct 31, 2024
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Flux Auto's funding and investors

Flux Auto has raised a total funding of $1.25M over 5 rounds. Its first funding round was on Mar 16, 2018. Its latest funding round was a Seed round on 2021 for $*****. 1 investor participated in its latest round. Flux Auto has 8 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Flux Auto:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2021
1341
Seed
6733
7443
5803
1531
Dec 2020
8617354
Seed
4097381
7698374
8202137
8406841
Apr 04, 2020
6775435
Angel
3848903
4822572
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Flux Auto's founders and board of directors

Founder? Claim Profile
The founders of Flux Auto are Pranav Manpuria and Abhishek Gupta. Pranav Manpuria is the CEO of Flux Auto.
Here are the details of Flux Auto's key team members:

Flux Auto's Board of Directors

Flux Auto's board has 2 active members. Pranav Manpuria and Abhishek Gupta are part of team.
Here is the list of Flux Auto's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 4m
Team
-
Current
8y 4m

Flux Auto's employee count trend

Flux Auto has 44 employees as of Oct 24. The total employee count is 13.0% more than what it was in Oct 23. Here is Flux Auto's employee count trend over the years:
Employee count trend for Flux Auto
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Flux Auto's Competitors and alternates

Top competitors of Flux Auto include Autonomous Tractor Corporation, RRAI and SteerAI. Here is the list of Top 10 competitors of Flux Auto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Provider of conversion kits for autonomous electric tractors
$350K
47/100
2nd
Logo for RRAI
RRAI
Gaithersburg (United States), Series A
Autonomous driving kits for commercial vehicles
$228M
45/100
3rd
Logo for Flux Auto
Flux Auto
2017, Bengaluru (India), Seed
Developer of self-driving tech for commercial vehicles
$1.25M
43/100
4th
Logo for SteerAI
SteerAI
2024, Abu Dhabi (United Arab Emirates), Unfunded
Autonomous conversion kits for industrial vehicles
-
-
20/100
5th
Logo for PeK Automotive
PeK Automotive
2019, Vrhnika (Slovenia), Unfunded
Provider of low voltage autonomous electric vehicles
-
-
16/100
6th
Logo for Tether
Tether
2020, El Salvador, Unfunded
Developer of partial autonomy solutions for on and off-road vehicles
-
-
16/100
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Flux Auto's Latest cap tables and shareholding

Founders (largest shareholder) own 80.13%, Angels own 19.24% and Other People own 0.63%. The net worth of Flux Auto's founders is INR 65.3Cr as of Aug 14, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
80.13%
65.3Cr
9927142
7641969
8942350
5207158
8329001
7644796
9909172
9585190
5295907
8740563
5427530
9914109
8329288
9299412
9622966
1065727
Angel
19.24%
15.7Cr
2310466
2945836
2500305
4342089
1426077
2557285
7446304
5940540
7983508
6025507
29
15
26
24
63
19
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.63%
51.1L
0
0
0
0
Total
100.00%
81.5Cr
2882752
4531598
2414137
1524332
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Flux Auto's Shareholding

Flux Auto's Investments and acquisitions

Flux Auto has made no investments or acquisitions yet.

Reports related to Flux Auto

Here is the latest report on Flux Auto's sector:

News related to Flux Auto

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