About Alliance Tire Group
Alliance Tire Group is a company based in Mumbai (India) founded in 1992 was acquired by Yokohama Rubber in March 2016.. Alliance Tire Group has raised $10 million across 2 funding rounds from investors including KKR, International Finance Corporation and Warburg Pincus. The company has 2,926 employees as of April 08, 2024. Alliance Tire Group operates in a competitive market with competitors including Ascenso, Titan International, Magna Tyres, Fishfa Rubbers and MAXAM Tire, among others.
- Headquarter Mumbai, India
- Employees 2926 as on 08 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Atc Tires Pvt. Ltd
- Date of Incorporation 18 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$765.77 M (USD)17.74as on Mar 31, 2023
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Net Profit
$96.93 M (USD)63.72as on Mar 31, 2023
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EBITDA
$181.76 M (USD)62.58as on Mar 31, 2023
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Private Equity Round
May 28, 2012
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Investors
KKR
& 4 more
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Employee Count
2926
as on Apr 08, 2024
- Acquired by
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Funding Insights of Alliance Tire Group
Alliance Tire Group has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $10 million completed in May 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $10.0M
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First Round
First Round
(28 May 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Debt – Conventional - Alliance Tire Group | Valuation |
investors |
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| May, 2012 | Amount | Private Equity Round - Alliance Tire Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alliance Tire Group
Alliance Tire Group has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include KKR, International Finance Corporation and Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alliance Tire Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alliance Tire Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alliance Tire Group Comparisons
Competitors of Alliance Tire Group
Alliance Tire Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ascenso, Titan International, Magna Tyres, Fishfa Rubbers and MAXAM Tire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tyres are manufactured for off-highway applications by Ascenso.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tires and wheels to OEMs and aftermarket
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| domain | founded_year | HQ Location |
Manufactures OTR and industrial tyres for mining, construction, and agriculture worldwide.
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| domain | founded_year | HQ Location |
Produces reclaim rubber from waste tires and tubes for manufacturing industries.
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| domain | founded_year | HQ Location |
Manufactures and supplies high-quality tires to various industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alliance Tire Group
Frequently Asked Questions about Alliance Tire Group
When was Alliance Tire Group founded?
Alliance Tire Group was founded in 1992 and raised its 1st funding round 20 years after it was founded.
Where is Alliance Tire Group located?
Alliance Tire Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Alliance Tire Group?
Nitin Mantri is the current CEO of Alliance Tire Group.
Is Alliance Tire Group a funded company?
Alliance Tire Group is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $50M, raised on May 28, 2012.
How many employees does Alliance Tire Group have?
As of Apr 08, 2024, the latest employee count at Alliance Tire Group is 2,926.
What is the annual revenue of Alliance Tire Group?
Annual revenue of Alliance Tire Group is $765.77M as on Mar 31, 2023.
What does Alliance Tire Group do?
Alliance Tire Group manufactures tyres for off-highway and commercial vehicles including agricultural, forestry, construction, industrial, and earth moving equipmentvehicles. It was acquired by Warburg Pincus and the Mahansaria family in 2007. It has RD centers in India, Israel and USA and 2 manufacturing plants - 1 each in Tirunelveli, India and Hadera, Israel. In 2013, Warburg Pincus exited selling off its stake to Kohlberg Kravis Roberts Co. in a 470M deal.
Who are the top competitors of Alliance Tire Group?
Alliance Tire Group's top competitors include Ascenso, Titan International and Magna Tyres.
Who are Alliance Tire Group's investors?
Alliance Tire Group has 5 investors. Key investors include KKR, International Finance Corporation, Warburg Pincus, Yokohama Rubber, and Yogesh Mahansaria.