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Electric Self-Driving Tractor

Website
Location
Company size
11-50 people
Total raised
$801K
Company type
Private Limited
Markets
South East AsiaEast AfricaSouth AfricaSouth America

AutoNxt Automation careers

Electric Self-Driving Tractor
AutoNxt (AutoNxt.in), is an award winning deeptech EV startup based out of Mumbai. We are building India's first electric autonomous tractor.

Product Video
youtube.com/watch?v=LJIcA30ONN0

Market
Tractors are a massive global market ($70 B+ estimated to go to $100B+ within 5 years, half of global tractor sales happen out of India)

Product differentiators:
- the only electric tractor in India to have high voltage battery systems, hence batteries last much longer and no system heating happens
- the only electric 45 Hp tractor in India currently
- 80% savings in operation costs due to switching from electric to diesel
- Superior performance of our high torque powertrain when compared to regular ICE based tractors, does the same work in half the time

Great founding team
Serial entrepreneurs, nominated to Forbes 30 under 30, setup CAE at Maruti, Daewoo, handled $700 M P&L at Schneider Electric, setup electric charging infra in Europe

Quality set of investors
- Chetan Maini, Founder of India's First Electric Car, Reva, now Mahindra Reva
- IV Rao, Maruti engg Head; Chand Das, ex CEO ITC
- Mr. Ayad Chammas, Ex- Petrofac, Ex-CEO of Irradway, Intl EV Investor
- Suveer Sinha, KKR Capstone India Head; Megha Chawla, Partner at Bain
- Nitin Johar, CFO for IDO at Govt of Ras Al Khaimah
- Ravichandran Sargunaraj, EVP TVS Logistics, and others

Market Traction
- LOI for $7 M (400+ tractors) with a
- Confirmed order of 25 tractors (INR 2.5 Cr)
- Multiple prototypes tested in the field already. Ready to go into production.

Robotics Hardware Engineering Intern

In office • Thane
₹1.8L – ₹2.4L • No equity
1 week ago

Pankaj Goyal

Avatar for Pankaj Goyal
Founder and CEO of AutoNxt Automation. Built Electric Self-driving Tractors. Electronics engineer.
Valuation

$3.3M

Funded over

1 round

Latest round

Seed (Mar 2022)