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MultiplexEV - About the company

MultiplexEV is an unfunded company based in Bengaluru (India), founded in 2021. It operates as a Manufacturer of autonomous electric tractors and heavy duty utility vehicles. MultiplexEV has not raised any funding yet, with a current valuation of ₹*****. The company has 54 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Moonrider, Voltrac and Seederal.

Company Details

Manufacturer of autonomous electric tractors and heavy duty utility vehicles. The product line includes electric skid-steer loaders, self-propelled boom sprayers, unmanned ground vehicles, and electric wheelbarrows designed for agriculture, construction, material handling, and mining operations. These machines utilize drive-by-wire systems and integrated software for remote monitoring and task automation. The equipment operates on lithium-ion battery power and supports standard electrical charging infrastructure.
Social
Facebook
Email ID
*****@bullworkmobility.com
Phone Number
+91 **********
Registered Address
NO.244, GROUND FLOOR, 1ST B MAIN ROAD, 2ND STAGE, WEST OF CHORD ROAD, Mahalakshmipuram Layout, Bangalore, Bangalore North, Karnataka, India, 560086
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Unfunded
Post Money Valuation
₹***** as on Jul 01, 2026
Ranked
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MultiplexEV's funding and investors

MultiplexEV has not raised any funding rounds yet.

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MultiplexEV's Competitors and alternates

Top competitors of MultiplexEV include Moonrider, Voltrac and Seederal. Here is the list of Top 10 competitors of MultiplexEV, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Moonrider
Moonrider
2023, Bengaluru (India), Series A
Manufacturer of electric tractors and battery technology
$8.38M
66/100
2nd
Logo for Voltrac
Voltrac
2024, Paterna (Spain), Seed
Manufacturer of electric tractors designed for agricultural and logistical applications
$10.4M
57/100
3rd
Logo for Seederal
Seederal
2020, Brest (France), Series A
Developer of software facilitating data management and regulatory compliance processes
$8.87M
57/100
4th
Logo for Monarch Tractor
Monarch Tractor
2018, Livermore (United States), Acquired
Manufacturer of electric, autonomous tractors and related technology solutions
$220M
56/100
5th
Logo for AutoNxt Automation
AutoNxt Automation
2016, Thane (India), Seed
Manufacturer of electric tractors for agriculture, industry, and defense applications
$5.31M
51/100
6th
Logo for Farm-ng
Farm-ng
2020, Watsonville (United States), Acquired
Autonomy platform for off-road environments, empowering humans and machines to collaborate
$10.1M
50/100
7th
Logo for Bullwork Mobility
Bullwork Mobility
2021, Bengaluru (India), Series A
Manufacturer of electric tractors, loaders, sprayers, and unmanned ground vehicles
$5.85M
47/100
8th
Logo for Energy In Motion
Energy In Motion
2024, Mumbai (India), Unfunded
Provider of electric tractors, battery swapping, and charging infrastructure services
-
-
43/100
9th
Logo for Sukoon Solution
Sukoon Solution
2016, Ghaziabad (India), Unfunded
Manufacturer of electric tractors and farming tools for sustainable agriculture
-
-
42/100
10th
Logo for Cellestial E-mobility
Cellestial E-mobility
2019, Hyderabad (India), Acquired
Manufacturer of electric tractors designed for zero emission agricultural work
$701K
41/100
50th
Logo for MultiplexEV
MultiplexEV
2021, Bengaluru (India), Unfunded
Manufacturer of autonomous electric tractors and heavy duty utility vehicles
-
-
16/100
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MultiplexEV's Latest cap tables and shareholding

Founders (largest shareholder) own 85.92%, Enterprises own 8.41%, Angels own 0.92% and Other People own 0.22%. The net worth of MultiplexEV's founders is INR 760Cr as of Jul 01, 2026. The cap table displayed below is for BULLWORK MOBILITY PRIVATE LIMITED which is the legal entity associated with MultiplexEV.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
85.92%
760Cr
2789494
5676296
1282232
9492866
Enterprise
8.41%
74.4Cr
7351271
2914788
3196176
1151197
Angel
0.92%
8.17Cr
0
0
0
0
Other People
0.22%
1.98Cr
0
0
0
0
ESOP Pool
4.52%
40Cr
5746
2444
8211
4829
Total
100.00%
885Cr
8120512
7642820
9896186
2192837
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

MultiplexEV's Investments and acquisitions

MultiplexEV has made no investments or acquisitions yet.

Reports related to MultiplexEV

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FAQs about MultiplexEV

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