Moonrider

Moonrider

Manufacturer of heavy-duty electric tractors for agricultural applications

Founded

2023

Headquarters

Bengaluru

Status

Series A

Company Details

Moonrider is an electric tractor technology company dedicated to revolutionizing global agriculture through cutting-edge products and battery technology. The company's mission is to drive sustainable farm mechanization, boosting productivity and profitability for farmers while enabling them to learn more, produce more, and earn more.

Core Products and Services

  • Electric tractors in 27 HP, 50 HP, and 75 HP models with proprietary battery technology for agriculture and multi-sector applications

  • Mobile app connectivity, GPS, IoT-enabled systems, and AI-powered analytical solutions for tractors

  • Fast charging capability (30 minutes) with over-the-air updates and minimum 5-hour runtime for heavy-duty operations

  • Technology applications for airports, civil infrastructure, mining, construction, and logistics operations

Business Model and Revenue Streams

  • Vertically integrated manufacturing across drivetrain, battery systems, and electronics for technology leadership and cost efficiency

  • Price parity with diesel tractors while reducing total cost of ownership by approximately 50% and operating costs by up to 80% compared to diesel variants

  • Revenue through memorandums of understanding with multiple clients for supply of 6,000 tractors over three years, with first deliveries expected by February 2026

  • Strategic partnerships with EM3 Agri Service for mechanization support and Samunnati for farmer financing, enabling market penetration across farmer producer organizations

  • Digital engagement model providing real-time farmer connectivity and data-driven agricultural insights, creating additional value-add services opportunity

Key People

Srikantaswamy Anoop

Ravi Kulkarni

Key Metrics

Total Equity Funding

$8.38Million

No. of Funding Rounds

4

Latest Funding Round

$6Million, Series A

as of December 3, 2025

Post Money Valuation

$8.37Million

as of December 14, 2024

Funding Multiple

-

as of N/A

Investors

Smile Group

and 3 more

Employee Count

41

Similar Companies

Neuron Energy

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 3, 2025Series A$6Million---pi Ventures, Singularity AMC, AdvantEdge, Micelio
December 14, 2024Seed$2.2Million$8.37Million-- AdvantEdge, Micelio

Recent News