Sonalika - About the company
Sonalika is a late stage company based in Hoshiarpur (India), founded in 1969 by Lachhman Das Mittal. It operates as a Heavy-duty tractor manufacturer empowering farmers with innovative agricultural solutions. Sonalika has raised $128M in funding from Blackstone and JM Financial Private Equity. The company has 84 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Clearpath Robotics, Bluewhite and Agtonomy.
Company Details
Heavy-duty tractor manufacturer empowering farmers with innovative agricultural solutions. The company specializes in producing a wide range of tractors and agricultural implements designed to enhance farm productivity and efficiency. They offer solutions for various farming needs, including heavy-duty tractors, rotavators, balers, seeders, and harvesters. The company focuses on integrating technology and design to create tractors that are suitable for diverse agricultural operations. They provide support through a dealer network, service requests, and comprehensive information resources. The company is committed to farm mechanization and delivering quality and reliable products to the agricultural community.
- Website
- sonalika.com
- Social
- Email ID
- *****@sonalika.com
- Phone Number
- +91 **********
- Registered Address
- # 6 B INDUSTRIAL AREAJALANDHAR ROAD HOSHIARPUR, PUNJAB, Punjab, India, 000000
Key Metrics
Founded Year
1969
Location
Hoshiarpur, India
Stage
Late Stage
Total Funding
$128M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 84 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
2,646 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with Sonalika
Sonalika is associated with 16 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Agri Newgen Ventures Llp CIN: AAR-9233 , India, Active | Feb 14, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
INDIAN TRACTORS AND COMPONENTS LIMITED CIN: U34100DL2008PLC173035 , India, Active | Jan 23, 2008 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
SONALIKA AUTO COMPONENTS PRIVATE LIMITED CIN: U29268DL2008PTC173703 , India, Active | Feb 06, 2008 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SONALIKA FARM EQUIPMENT PRIVATE LIMITED CIN: U29211DL2004PTC131490 , India, Active | Dec 22, 2004 | 0 - ₹10 Cr (As on Mar 31, 2026) | - | |
International Cars And Motors Limited CIN: U27201DL2003PLC123687 , India, Active | Dec 24, 2003 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 233 (As on Jan 31, 2025) | |
SONALIKA INFRASTRUCTURE LIMITED CIN: U45300DL2008PLC173941 , India, Strike off | Feb 12, 2008 | 0 - ₹10 Cr (As on Mar 31, 2021) | - | |
DRAS ENGINEERING PRIVATE LIMITED CIN: U28999PB2022PTC056799 , India, Active | Sep 01, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
AUTOTRAC FINANCE LIMITED CIN: U65100DL2001PLC111486 , India, Active | Jul 03, 2001 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 116 (As on May 01, 2025) | |
SONALIKA PROMOTERS AND DEVELOPERS LIMITED CIN: U45200DL2008PLC173830 , India, Strike off | Feb 08, 2008 | 0 - ₹10 Cr (As on Mar 31, 2021) | - | |
SONALIKA DEVELOPERS LIMITED CIN: U45200DL2008PLC173801 , India, Strike off | Feb 08, 2008 | 0 - ₹10 Cr (As on Mar 31, 2021) | - | |
SONALIKA AGRICULTURE AUTOMATION PRIVATE LIMITED CIN: U01403DL2008PTC173036 , India, Active | Jan 23, 2008 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SONALIKA PVT LTD CIN: U51909PB1984PTC005909 , India, Active | Aug 08, 1984 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
SUNSHINE COMPONENTS PRIVATE LIMITED CIN: U34300PB1997PTC020334 , India, Active | Aug 11, 1997 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 24 (As on Mar 31, 2024) | |
CLLASIC VEHICLES AND COMPONENTS LIMITED CIN: U34100PB2010PLC033491 , India, Active | Jan 07, 2010 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
MODERN AGRO MOTORS AND TRACTORS PRIVATE LIMITED CIN: U34204OR1998PTC005533 , India, Active | Nov 25, 1998 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
INTERNATIONAL TRACTORS LIMITED CIN: U74899DL1995PLC073245 , India, Active | Oct 17, 1995 | ₹1,000+ Cr (As on Mar 31, 2025) | 6810 (As on Feb 01, 2026) |
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Sonalika's funding and investors
Sonalika has raised a total funding of $128M over 2 rounds. Its first funding round was on Feb 04, 2007. Its latest funding round was a PE round on Oct 08, 2012 for $*****. 1 investor participated in its latest round. Sonalika has 5 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Sonalika:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 08, 2012 | 4281859 | PE | 8390239 | 1846763 | 4104824 | 7202458 |
Feb 04, 2007 | 4619807 | PE | 1148949 | 3228960 | 5717460 |
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Sonalika's founders and board of directors
Founder? Claim ProfileThe founders of Sonalika is Lachhman Das Mittal.
Here are the details of Sonalika's key team members:
- Lachhman Das Mittal: Founder of Sonalika. They serve on the board of 1 company.
Sonalika's Board of Directors
Sonalika's board has 8 active members. Deepak Mittal, Lachhman Das Mittal and Raman Mittal are part of team and Rahul Mittal, Suhel Seth, Sushant Sagar Mittal, Amrit Sagar Mittal and Geetanjali Kalra are independent board members.Here is the list of Sonalika's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 30y 10m | |
vlpkg{p | Team | - | Current | 4y 3m |
pkmtoze | Team | - | Current | 6y 5m |
Independent board member | - | Current | 9y 5m | |
hdvbxmv | Independent board member | - | Current | 5y 4m |
ruhuwui | Independent board member | - | Current | 6y 5m |
zaa{pt{ | Independent board member | - | Current | 4y 8m |
nzlebgc | Independent board member | - | Current | 9y 5m |
vulaaaz | Independent board member | - | Past | 3y 3m |
View details of Sonalika's Founder profiles and Board Members
Sonalika's employee count trend
Sonalika has 2,646 employees as of Aug 26. Here is Sonalika's employee count trend over the years:
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Sonalika's Competitors and alternates
Top competitors of Sonalika include Clearpath Robotics, Bluewhite and Agtonomy. Here is the list of Top 10 competitors of Sonalika, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Clearpath Robotics 2009, Kitchener (Canada), Acquired | Developer of mobile robot platforms for research and industrial applications | $85.8M | 64/100 | |
2nd | AI-powered autonomy solutions for off-road applications, increasing productivity and safety | $76M | 64/100 | ||
3rd |  Agtonomy 2021, San Francisco (United States), Series B | AI-driven automation solutions for agriculture and industrial equipment | $64M | 62/100 | |
4th | Manufacturer of electric tractors for agricultural and industrial field operations | $8.38M | 61/100 | ||
5th |  Farm-ng 2020, Watsonville (United States), Acquired | Autonomy platform for off-road environments, empowering humans and machines to collaborate | $10.1M | 60/100 | |
6th |  Monarch Tractor 2018, Livermore (United States), Acquired | Manufacturer of electric, autonomous tractors and related technology solutions | $220M | 58/100 | |
7th | Heavy-duty tractor manufacturer empowering farmers with innovative agricultural solutions | $128M | 58/100 | ||
8th | Manufacturer of electric tractors designed for agricultural and logistical applications | $10.4M | 56/100 | ||
9th | Developer of software facilitating data management and regulatory compliance processes | $8.87M | 56/100 | ||
10th | Manufacturer of tractors, farm machinery, diesel engines, gensets, engineering plastics, gears, transmission components, hydraulic pumps and cylinders | - | - | 52/100 |
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Sonalika's Investments and acquisitions
Sonalika has acquired Thaler. Sonalika has not made any investments as of now.Reports related to Sonalika
Here is the latest report on Sonalika's sector:
News related to Sonalika
Filter this listMedia has covered Sonalika for a total of 13 events in the last 1 year, 11 of them have been about company updates and 1 about partnerships.
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