91trucks, a digital platform specializing in commercial vehicles, has raised Rs 42.92 crore in its Series A funding round, led by Arkam Ventures. The latest investment serves as a strong endorsement of the company’s efforts to digitally transform India’s commercial mobility ecosystem.
Arkam Ventures contributed Rs 25 crore as the lead investor. Other participants in the round included Titan Capital (Rs 14.99 crore), Sparrow Capital (Rs 1.73 crore), and India Accelerator (Rs 99.99 lakh), all of whom reaffirmed their trust in the platform’s digital-first approach to commercial vehicle sales.
Founded in 2022 by Siddharth Sharma, Abhishek Gautam, and Vikas Sharma, 91trucks was built with a vision to simplify how India discovers, finances, and purchases commercial vehicles. The platform connects buyers with verified dealers and original equipment manufacturers (OEMs), provides expert reviews, and facilitates vehicle financing through a growing network of NBFC partners. The platform caters to a wide range of users — from logistics companies expanding their fleets to small traders seeking affordable, reliable three-wheelers.
Over the past year, 91trucks has expanded beyond its core marketplace. Its specialized verticals include 91Infra, targeting construction vehicles, and 91Tractors, focused on the agricultural sector. With the newly raised capital, the company plans to scale its geographic footprint, upgrade its technology infrastructure, strengthen customer support, and deepen financing partnerships.
Despite a minor decline from the previous year, India’s commercial vehicle market showed resilience with approximately 9.5 lakh units sold in 2024, according to data from SIAM. The recent funding comes at a time when the Indian e-commerce sector raised over USD 600 million across 47 deals in Q1 2025, highlighting the growing investor confidence in digital-first B2B platforms like 91trucks.
About 91trucks
91trucks, established in 2022, is one of India’s fastest-growing digital platforms focused on commercial vehicles. Founded by Siddharth Sharma, Abhishek Gautam, and Vikas Sharma — who bring over 40 years of combined industry experience — the company is committed to making commercial vehicle-related information more accessible, transparent, and reliable.
The platform offers comprehensive services including detailed specifications, price comparisons, dealership directories, and expert reviews. It continues to serve as a trusted resource for industry stakeholders through its website and social media channels.