Nexular

📍 Mumbai, India🗓 Founded 2023👥 10 employees💰 Last funded Feb 2026
Nexular is building the backbone for connected light electric vehicles in fast-growing markets. We provide an ultra-affordable, European-quality IoT tracker manufactured in India, paired with native vehicle integration and a full AI-powered cloud fleet management platform. This combination gives OEMs and their partners a scalable, future-proof solution for connected mobility. For lightweight 2- and 3-wheeler EV manufacturers, Nexular creates a clear pathway to sell vehicles through leasing models, a model that is becoming critical to mass adoption in South-East Asia and Africa. By equipping vehicles with our technology, OEMs can ensure: • Asset control and location services for leasing operators • Integrated asset lockdown features to minimize default rates and protect financing partners • Seamless APIs and fleet intelligence that enable smart financing, optimized operations, and growth opportunities • Over-the-air (OTA) updates for the OEM’s ECU or BMS, reducing service costs and improving vehicle performance By embedding Nexular, OEMs not only gain a competitive edge in leasing-based distribution, but also unlock new market access and accelerate EV adoption across South-East Asia and Africa.
2
Total investors
0
Early stage
2
Mid stage
0
Late stage
2023
Founded
Investor geography2 countries
Sweden
1
India
1
Frequently asked questions
Who invested in Nexular?
Nexular has 2 investors on record on gritt.io, 2 mid-stage.
When did Nexular last raise funding?
The most recent investment in Nexular recorded on gritt.io was in February 2026.
When was Nexular founded?
Nexular was founded in 2023.
What industry is Nexular in?
Nexular operates in Telecommunications. Find similar Telecommunications investors on gritt.io.
Where is Nexular based?
Nexular is headquartered in Mumbai, India.