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Netradyne Becomes India’s First Unicorn of 2025

Founded in 2015, Netradyne’s products focus on improving road safety, reducing accidents, and optimizing fleet management by utilizing data from cameras, sensors, and real-time analytics.

By Ayushi Jain
New Update
Netradyne Becomes India’s First Unicorn of 2025

Netradyne, an innovative technology company specializing in artificial intelligence (AI) and deep learning solutions for the automotive industry, has officially become India’s first unicorn of 2025. This achievement highlights the company’s remarkable progress and its growing influence in the field of AI-driven technology for transportation. 

Founded in 2015, Netradyne’s products focus on improving road safety, reducing accidents, and optimizing fleet management by utilizing data from cameras, sensors, and real-time analytics. Through its advanced AI technology, the company has made a significant impact on how businesses and drivers approach safety and operational efficiency. 

Netradyne’s journey from its inception to becoming a unicorn has not only made it a leader in AI for the automotive industry but also a symbol of India’s growing role as a global hub for innovation and entrepreneurship. The company’s customer-centric approach and cutting-edge solutions have attracted strong investor support, propelling it to new heights.

Founding Details :

  • Founding Year: 2015

  • Founders:

    - Avneesh Agrawal (Co-founder and CEO)
    - David Julian (Co-founder and CTO)

Key Milestones and Major Events

2016 – First Funding Round of Series A

In its early years, Netradyne raised $16 million in funding from Reliance Industries, which helped the company expand its technology and reach. In 2018, Reliance made an additional investment of $8 million to support Netradyne’s growth.

2017 – Launch of Driver Safety Technology

 Netradyne introduced its first AI-based driver safety system, which used computer vision and deep learning to improve road safety for commercial fleet operators. This technology helped reduce accidents by providing real-time insights into driving behaviors.

2018 – Series B Funding

Netradyne raised $21 million in Series B funding, led by M12, Microsoft’s corporate venture arm, and Point72 Ventures, with continued support from Reliance Industries. This funding helped Netradyne expand its AI applications into 3D/HD mapping, transportation data analytics and autonomous vehicle research.

2021 – Series C Funding

In 2021, Netradyne secured $150 million in Series C funding led by SoftBank Vision Fund 2, with contributions from Point72 Ventures, Microsoft and M12. These funds were used to advance its technology, expand into new areas, and support the growth of its research and development (R&D) team.

2022 – Conventional Debt and Global Expansion

In September 2022, Netradyne raised $65 million through mezzanine financing from Silicon Valley Bank (SVB). This funding helped accelerate the company’s business growth and supported the development of new products. 
Additionally, Netradyne expanded globally, entering new markets in Europe and the Middle East, further solidifying its position in the global transportation sector.

2023 – Launch of Driver•i One

Netradyne launched the Driver•i One solution, a professional-grade video telematics device that offers essential data for fleet safety and management. This product solidified the company’s role as a complete telematics and ELD (Electronic Logging Device) provider.

2025 – Series D Funding

In 2025, Netradyne secured $90 million in Series D funding led by Point72 Private Investments, with participation from Qualcomm Ventures and Pavilion Capital. The new funds will be used for research and development (R&D), entering new markets and supporting global expansion.

Conclusion :

Netradyne’s rise from a small startup to becoming India’s first unicorn of 2025 showcases its incredible growth and the power of AI in transforming industries. With a focus on road safety, fleet management and cutting-edge AI solutions, Netradyne has revolutionized how the transportation industry operates. The company’s success is a reflection of India’s growing prominence in the global tech space and Netradyne’s future looks bright as it continues to expand and innovate across the world.

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