Vaaaninfra

What Vaaaninfra does

Vaaaninfra (legal entity VaaaN Infra Private Limited) is an Indian Intelligent Transportation Systems (ITS) solutions provider founded in 2011 and headquartered in Faridabad (Delhi NCR), with in-house R&D and manufacturing capabilities at the same campus. The company designs, develops, and implements end-to-end hardware and software for toll collection, traffic management, surveillance, and urban mobility — anchored by its proprietary tollMax platform, which is deployed at over 400 toll plazas, processes USD 1.3 billion+ in annual toll transactions, and is integrated with India's FASTag/NETC ecosystem. Hardware products include Speed Violation Detection Systems (ARAI-tested), Automatic Number Plate Recognition cameras, Automatic Vehicle Classifiers (LIDAR, IR, and fisheye-ML variants), Multi-Sensor Weigh-in-Motion systems, Video Incident Detection Systems, Automatic Barrier Gates, Emergency Call Boxes, and Public Information Displays; software products span Integrated Public Transport Management System, Free-Flow back-office, e-Challaning, Parking Management, and the Expressway Mitra highway monitoring mobile app.

Vaaaninfra sells primarily to government and quasi-government clients — NHAI, IHMCL, UPEIDA, state PWDs, and metro/water authorities — through direct enterprise engagement on tenders and through EPC channel partners such as L&T, PNC Infratech, IRB Infrastructure, Gawar Construction, and Dilip Buildcon. The revenue model combines hardware sales, one-time software licenses, multi-year managed O&M services (24x7 across 400+ plazas), a SaaS subscription tier, contract manufacturing, and toll revenue assurance programs; pricing is project-based and not publicly disclosed. Notable deployments include India's first Hybrid ETC + MSWIM at IRB Kaithal Rajasthan (36 lanes), the 302 km Agra-Lucknow Expressway distance-based tolling project for UPEIDA, India's largest FASTag deployment for IHMCL, the Commuter Ridership Control System at Kochi Water Metro, and the Mumbai Coastal Road tunnel TMCS with L&T, with international projects in Bangladesh, Indonesia, and Nigeria.

The company is privately held and founder/Managing Director-led (Neetu Kishore), with no disclosed external funding rounds; reported cumulative book order crossed USD 70 million by 2021 and the company's own materials reference a 400+ professional team across engineering, manufacturing, and field operations.

Name

Vaaaninfra

Legal name

VaaaN Infra Private Limited

Website

https://vaaaninfra.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

VaaaN Infra is an Indian Intelligent Transportation Systems provider building proprietary toll management, traffic management, and surveillance hardware and software for government highway authorities, metro/water authorities, and EPC contractors across South Asia, Southeast Asia, and West Africa.

Ownership category

akta.pro rank

Product category

Intelligent Transportation Systems

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Measuring and Controlling Device Manufacturing (334519), Computer Systems Design Services (541512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Services-Computer Integrated Systems Design (7373), Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Automatic Number Plate Recognition (ANPR) / Video Tolling & Enforcement (TLAJABAB)

akta.pro secondary industries

Centralized Traffic Management Platforms (ATMS/TMC Software) (TLAJACAB), Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH), Managed Lanes & Dynamic Lane Management (Hard Shoulder Running, Reversible Lanes) (TLAJACAL), Traffic Management & Intelligent Transportation Systems (Signals, TMCs, Congestion) (BPAIALAC), Toll Violation Management, Collections & Dispute Resolution (TLAJABAG)

Keywords

• Toll management systems
• Intelligent transportation systems
• Traffic management solutions
• Electronic toll collection
• Weigh in motion systems

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. ITS Hardware Products: Sale of hardware products including Speed Violation Detection Systems, ANPR cameras, Weigh-in-Motion systems, Video Incident Detection Systems, Automatic Barrier Gates, Emergency Call Boxes, Vehicle Classifiers, and related equipment
2. ITS Software Products & Licenses: Sale and licensing of software products including TollMax TMS, ATMS, IPTMS, Traffic Penalty Ticketing (e-Challaning), Travel Time Estimation, Network Monitoring, Free Flow Back Office, Parking Management
3. Operations and Maintenance Services: O&M services for installed ITS systems at toll plazas, highways, and urban installations
4. Software as a Service (SaaS): SaaS offerings for toll management and traffic operations
5. Contract Manufacturing Services: Manufacturing services for ITS hardware products
6. Toll Revenue & Assurance Programs: Services to ensure accurate toll revenue collection and reconciliation

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

VaaaN Infra designs, develops, manufactures, and implements Intelligent Transportation Systems (ITS) for highways, expressways, urban mobility, waterways, and road tunnels. Its portfolio combines proprietary hardware products (ANPR cameras, WIM systems, automatic vehicle classifiers, barrier gates, SVDS, VIDS) with software platforms (tollMax TMS, ATMS, parking management, e-Challaning, traffic data systems) and integrated solutions including electronic toll collection, ATMS, traffic management control systems, and commuter ridership control. The company also delivers operations and maintenance services, contract manufacturing, SaaS, OFC network design, and toll revenue assurance programs.

Product overview

VaaaN Infra is a one-stop Intelligent Transportation Systems (ITS) solutions provider offering a unified portfolio of software platforms and hardware products organized around core solution domains. The software portfolio centers on the tollMax platform (Toll Management System) which processes over USD 1.3 billion in annual toll transactions across 3,000+ toll/ETC/WIM lanes, supplemented by the Integrated Public Transport Management System (IPTMS), Free Flow back-office, Parking Management System, Traffic Penalty e-Challaning, Travel Time Estimation, Network Monitoring, and Highway Monitoring & Navigation App (Expressway Mitra). The hardware portfolio includes Speed Violation Detection System (ARAI-tested), Vehicle Actuated Speed Display, Automatic Vehicle Classifiers (LIDAR, IR, fisheye camera-based with ML), Automatic Number Plate Recognition (ANPR), Video Incident Detection System, Video-based ATCC, Weigh in Motion (Slow/Medium/High Speed), Emergency Call Box, Public Information Displays, Triggered Traffic Blinker, Over-Sized Vehicle Detector, Kiosks/Ticket Dispensing Machines, Access Controllers, and Automatic Barrier Gates. Solution domains span Highways & Expressways (ATMS, Electronic Toll Collection, NETC, WIM), Urban Mobility (Integrated Traffic Management, Transit Management, Parking, Surveillance, Command & Control), Waterways (Commuter Ridership Control for Kochi Water Metro), and Road Tunnels (TMCS/PMCS/OMCS for Mumbai Coastal Road). Services include 24x7 Operations & Maintenance across 400+ toll plazas, Contract Manufacturing, SaaS, OFC Network Design, Toll Revenue Assurance, and Traffic Data Collection.

Differentiator

Problem solved

Functional benefit

Brands

• tollMax: Core toll management system software platform used at over 400 toll plazas, processing over USD 1.3 billion in annual toll transactions.
• Expressway Mitra

Products and services

• Toll Management System (tollMax) Core tolling platform (tollMax) managing toll operations across over 400 toll plazas with USD 1.3 billion+ annual toll revenue processed. Supports multi-lane free flow, distance-based tolling, and integration with FASTag/ETC systems.
• Advanced Traffic Management System (ATMS) Comprehensive ATMS solution for highways and expressways including variable speed limit displays, lane control signals, incident detection (VIDS/RIDS), CCTV surveillance, emergency call boxes, and integration with command and control centers.
• Electronic Toll Collection System End-to-end electronic toll collection solution including FASTag support, RFID/DSRC-based vehicle detection, tollMax software integration, and integration with NETC issuer and acquirer banks.
• NETC - Issuer & Acquirer Bank Solution National Electronic Toll Collection (NETC) solution supporting both issuer and acquirer bank operations, enabling interoperability across India's FASTag ecosystem at over 1,350 toll plazas.
• Weigh-In-Motion Solution Integrated WIM solution combined with toll management for overweight vehicle detection and enforcement. India's first Hybrid ETC with Multi-Sensor WIM (MSWIM) deployed at IRB Kaithal Rajasthan with 36 WIM lanes.
• Integrated Traffic Management System Integrated traffic management solution for urban environments combining surveillance, incident detection, variable message signs, and traffic control center integration.
• Transit Management Systems Transit management solution for public transportation fleet operations, providing real-time tracking, scheduling, and passenger information.
• Integrated Command and Control Center Centralized command and control center integrating data from multiple ITS subsystems (ATMS, TMS, surveillance, incident detection) for unified traffic monitoring and operations management.
• Integrated Surveillance & Monitoring Comprehensive surveillance solution combining CCTV, VIDS, and emergency call systems for continuous monitoring of highways, expressways, and urban corridors.
• Commuter Ridership Control System Waterways solution for controlling and restricting passenger ridership based on vessel capacity. Turnstiles at gangways with bidirectional operation, BLE-based ferry detection, and real-time boat/passenger information exchange across all jetties. Deployed at Kochi Water Metro.
• Traffic Management Control System (TMCS) Traffic management solution for road tunnels including Plant Management Control System (PMCS) and Operations Management Control System (OMCS). Implemented for Mumbai Coastal Road twin-bore tunnel project with L&T.
• Speed Violation Detection System (SVDS) Video/camera-based speed measurement system for detecting and documenting speed violations on highways. Two variants: (1) fixed ANPR camera with Radar and Video Image processing unit with local Speed Display; (2) per-lane fixed ANPR cameras with video image processing. ARAI-tested for accuracy.
• Vehicle Actuated Speed Display (VASD) Radar-based vehicle speed display sub-system of SVDS that provides lane-wise speed feedback to drivers, indicating whether they are over-speeding or within prescribed limits. Up to 5 displays per incoming traffic direction per gantry.
• Triggered Traffic Blinker Automatically triggered traffic warning light (300mm amber) with optional audible alarm, activated upon incident detection by Video Incident Detection System (VIDS) or Radar Incident Detection System (RIDS). Solar PV powered with 96+ hours battery backup.
• Public Information System Display (PIS) LED display portfolio for disseminating critical information to commuters. Multiple variants: User Fare Display, Bus/Jetty displays, Speed Displays, Variable Message Signs, Traffic Lights, Over-Head Lane Signage, and Fog Lights. Certified per IP ratings, temperature tests, CE, EN-12966.
• Weigh in Motion - WIM Weigh-in-motion devices in three variants: Slow Speed WIM (load cell based, Class 10 accuracy), Medium Speed WIM (bending plate technology, up to 50 km/h, IP67, Class 10), and High Speed WIM. Protects revenue by capturing axle and gross vehicle weights.
• Video Based Automatic Traffic Counter and Classifier (ATCC) Neural network/map matching-based standalone system for real-time traffic data collection including vehicle count, classification, traffic volume, average speed, time headway, and occupancy. Portable units include hoist-able pneumatic mast with cameras.
• Video Incident Detection System (VIDS/AIDS) Network of cameras for automatic detection of traffic violations, smoke, fire, theft and other incidents to ensure appropriate emergency response. Features PTZ and fixed cameras, data collection/storage, and portable units with hoist-able pneumatic mast.
• Emergency Call Box (ECB) SOS Emergency Call Box system with ruggedized, weatherproof metal housing for highway and mining environments. Provides hands-free emergency calling, IP-65 design, direct routing to emergency services (fire brigade, police). Solar powered variants available.
• Automatic Number Plate Recognition (ANPR) Camera-based ANPR system with High Security Number Plate (HRSP) accuracy >98% and non-standard plate accuracy >80%. Available in Slow Speed ANPR for Tolling & Parking and High Speed ANPR for Highways & High-speed urban zones.
• Over-Sized Vehicle Detector Detection system for extra wide loads on vehicle load areas. Activates audible alarm when overloaded vehicles attempt to enter access-controlled or space-restricted areas such as tunnels and toll stations.
• Kiosks and Ticket Dispensing Machines Automated kiosks for vehicle detection/identification (RFID, ANPR), QR/barcode ticket reading and generation, smart card reading, and face recognition. Configurable for ports, railways, metro, BRTS, and banking applications.
• Access Controller Ruggedized, integrated, and automated access controller scalable across tolling, parking, tunnel management, and building automation. Features dynamic/manual/mixed configurations, autonomous operation with local database.
• Automatic Vehicle Classifier (AVC) Multi-technology AVC platform operating in extreme weather conditions up to 60°C. Supports 2D LIDAR-based classification (GPU with ML), IR through-beam light curtain, fisheye camera-based (ML algorithms), and axle/height sensor-based variants.
• Automatic Barrier Gates In-house developed barrier gates with modular architecture for high reliability and low maintenance. Parking barriers: 1.2s operating speed, 720+ vehicles/hour throughput. Tolling barriers: 3/3.5m boom, 0.6s open/close time, designed for heavy duty (>30,000 cycles/day).
• IPTMS - Integrated Public Transport Management System Integrated Public Transport Management System that provides comprehensive public transport management capabilities including transit management, automated payment systems, and integrated command and control.
• Traffic Penalty Ticketing (e-Challaning) System Electronic challan system for traffic penalty ticketing that automates violation citation and penalty collection processes.
• Travel Time Estimation System Software system that estimates and provides travel time information to commuters on highways and expressways, integrated with ATMS for real-time traffic monitoring.
• Network and Equipment Monitoring System Monitoring system for real-time surveillance of ITS equipment and network infrastructure, enabling proactive maintenance and uptime management.
• Free Flow (Back Office App) Back office application for multi-lane and single-lane free-flow tolling operations, including transaction processing, customer registration, POS, live monitoring, reporting, and financial reconciliation modules. Certified for tollMax deployment in Jakarta, Indonesia.
• Parking Management System Comprehensive parking management software covering parking zones with ANPR-based automated entry/exit, mobile app booking, multi-mode payment, and MIS/dashboarding for control room operations.
• Highway Monitoring & Navigation App (Expressway Mitra) Mobile application that converts users' mobile handsets into interactive 2-way ATMS field equipment, providing smooth traffic flow, enhanced road safety, real-time information, emergency assistance, and abnormal road/weather condition alerts.
• Operations and Maintenance 24x7 operations and maintenance services across 400+ toll plazas, providing ongoing support for hardware and software systems including preventive maintenance, fault resolution, and performance monitoring.
• Contract Manufacturing Services Contract manufacturing services leveraging VaaaN's in-house manufacturing unit with certified processes for producing ITS hardware products.
• Software as a Service (SaaS) SaaS offering for ITS software solutions, providing hosted access to tollMax, TMS, ATMS, and other software platforms on a subscription model.
• OFC Network Design & Laying Optical Fiber Cable (OFC) network design and installation services for ITS infrastructure connectivity.
• Toll Revenue & Assurance Programmes Revenue assurance programs ensuring accurate toll collection, reconciliation, and leak prevention across toll operations.
• Traffic Data Collection (TDC) Traffic data collection services providing comprehensive traffic surveys, volume counts, classification data, and analytical reports for traffic planning and infrastructure development.

Quantifiable outcome

• USD 1.3 Billion+ annual toll revenue processed through tollMax systems
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Kochi Metro Rail LimitedcoreStrategic or Co-development Partner · 25 April 2023VaaaN providing Commuter Ridership Control System for Kochi Water Metro - India's first water metro project with 15 routes, 10 islands, 78 km network, 38 jetties, 78 ferries. Project dedicated to the nation by PM Modi on April 25, 2023.
• NHAI (National Highways Authority of India)coreStrategic or Co-development PartnerNHAI is the primary government client for Vaaaninfra. VaaaN has implemented ATMS on Eastern Peripheral Expressway (USD 40 million project), Nagpur-Betul Highway (awarded Best ATMS Project), and multiple other NHAI projects across India. NHAI mandates ITS specifications for new highways creating ongoing project pipeline.
• IHMCL (Indian Highway Management Company Limited)coreStrategic or Co-development PartnerVaaaN implementing PAN-India FASTag project for IHMCL with 280+ lanes under O&M. Also implementing HES (Highway Electronic Systems) projects. IHMCL manages FASTag operations for NHAI.
• L&T (Larsen & Toubro)coreImplementation/ SI/ Consulting PartnerL&T is a major EPC contractor for whom VaaaN provides ITS solutions. Notable project is Mumbai Coastal Road TMCS system for twin-bore tunnel package under MCGM.
• PNC Infratech LimitedcoreImplementation/ SI/ Consulting PartnerPNC Infratech is a key construction partner with multiple VaaaN ITS implementations including Gorakhpur-Sonauli Road Project, Jhansi Khajuraho packages, Agra-Lucknow Expressway packages, Varanasi Gorakhpur projects.
• Gawar ConstructioncoreImplementation/ SI/ Consulting PartnerGawar Construction partnered with VaaaN for Jaipur Ring Road Project (56 lanes, 2 plazas with ETC and WIM) and multiple HES/DLP projects including Delhi Vadodara Expressway packages.
• IRB Infrastructure Developers Ltd.coreImplementation/ SI/ Consulting PartnerIRB partnered with VaaaN for Kaithal Rajasthan BOT project - India's first Hybrid Electronic Toll Collection (HETC) and MSWIM in all 36 toll lanes. Also VKEP project with 49 lanes.
• IRP (Lalan Shah Bridge, Bangladesh)minorImplementation/ SI/ Consulting PartnerLalon Shah Bridge project in Bangladesh - 1 plaza, 6 lanes with ETC. VaaaN's first international project.
• CATARMAN Nigeria Ltd.minorImplementation/ SI/ Consulting PartnerLagos Road Project in Nigeria - 28 lanes. Part of VaaaN's West Africa ETC deployment, described as the largest ETC deployment project in West Africa.
• Dilip Buildcon LimitedcoreImplementation/ SI/ Consulting PartnerPartner for multiple ATMS and road projects including Yavatmal Wardha Road (65 km), Tuljapur-Ausa Road, various NH projects across India.
• AdaniminorImplementation/ SI/ Consulting PartnerBilaspur Pathrapali project with 10 lanes under Adani enterprise.
• HGCL (Hyderabad Growth Corridor Limited)minorImplementation/ SI/ Consulting PartnerHyderabad ORR (Outer Ring Road) project with 181 lanes under O&M.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Q-Free ASA: Norwegian provider of electronic toll collection, ATMS, and traffic management solutions with strong presence in emerging markets. Closely comparable product portfolio (ETC, ANPR, WIM, ATMS) and target customer set (highway operators and governments).
• Iteris: US-based intelligent transportation and traffic management provider offering ATMS, video detection, and traffic analytics. Directly comparable in ATMS, VIDS/incident detection, and traffic data analytics product lines.
• Kent Intelligent Transportation Systems (Kent ITS): Indian ITS solutions company providing toll management, ANPR, traffic monitoring, and ATMS to NHAI and state clients. Most directly comparable domestic peer with overlapping product portfolio and customer base.
• EFKON India: Indian arm of Austria's EFKON Group, a direct domestic competitor in electronic toll collection and ATMS for NHAI and state highway projects — closely overlapping product and customer footprint with VaaaN.

Broad incumbents

• Kapsch TrafficCom: Austrian global leader in electronic toll collection, ATMS, and connected vehicle solutions. Directly comparable as a multi-national ITS vendor competing for the same NHAI/state highway tenders that VaaaN pursues.
• Conduent Transportation: Operates one of the largest electronic tolling back-office and road-user charging businesses globally. Comparable in toll back-office software, violation processing, and revenue assurance services similar to VaaaN's tollMax and Free Flow offerings.
• Cubic Transportation Systems: US-headquartered provider of fare collection, tolling, and traffic management solutions. Comparable scope around electronic payment, back-office, and urban mobility systems for transit and highway operators.
• TransCore (Roper Technologies): US-based ITS provider and pioneer of RFID/FASTag-style electronic tolling. Direct overlap in electronic toll collection, ANPR, and highway management systems, with global government client base comparable to NHAI/IHMCL.
• Indra Sistemas (Mobility): Spanish IT/transportation major with a sizable tolling and traffic management business. Comparable as a vertically integrated ITS vendor serving toll-road operators and urban mobility projects across multiple geographies.

Regional players

• AABSyS IT: Indian ITS and geospatial services provider active in traffic management, ATMS, and smart mobility projects in India. Comparable as a regional player competing for similar state and NHAI mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@vaaaninfra
• LinkedInlinkedin.com/company/vaaan-infra-private-limited
• Xx.com/vaaansales

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vaaaninfra