Tractor Factory, an electric tractor technology startup, has secured Rs. 4 crore (approximately $500,000) in a Pre-Seed funding round led by early-stage investment firm All In Capital.

The round also saw participation from prominent investors, including Bharat Founders Fund, Devc, and family offices like Dhingra Partners Prosperity Trust, affiliated with the Kirloskar Generators family office.

Notable angel investors such as Samir Sood (Venture Highway), Abhishek Goyal (Tracxn), Aayush Phumbra (Chegg), and Puneet Kumar (Steadview Capital) contributed to the fresh funding.

The capital raised will be utilized to enhance Tractor Factory’s technology platform, broaden its market presence, and improve customer experience.

This pre-seed round marks Tractor Factory's first formal funding initiative aimed at accelerating the development of its technology platform, expanding market reach, and enhancing customer experience.

Founded in 2024 by Shailesh Tiwari, the company provides an multichannel marketplace designed to simplify the buying and selling of used tractors, aiming to make farm mechanization more accessible and affordable for farmers.

According to TheKredible, a data intelligence platform, startups in the EV industry raised a total of $616.78 million across 48 deals in 2024, reflecting the sector’s robust growth and expanding opportunities for innovation in sustainable transportation and agricultural mechanization. Tractor Factory’s funding round marks another significant step in the evolving landscape of electric tractor technology.