About Amber
Amber is a company based in Mumbai (India) founded in 2015 by Madhur Gujar and Saurabh Goel. It operates as a Subscription Services. Amber has raised $1.49 million across 2 funding rounds from investors including Tancom Investments, Mitesh Shah and Z47. The company has 219 employees as of July 31, 2025. Amber offers products and services including AmberCare Basics, AmberCare Essentials, and AmberCare Premium. Amber operates in a competitive market with competitors including MyTVS, VehicleCare, Fixcraft, Automovill and Wheels Wisdom, among others.
- Headquarter Mumbai, India
- Employees 219 as on 31 Jul, 2025
- Founders Madhur Gujar, Saurabh Goel
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Amber Technologies, Inc.
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Annual Revenue
$8.81 M (USD)32as on Mar 31, 2024
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Net Profit
$-6.07 M (USD)-1473as on Mar 31, 2024
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EBITDA
$-5.54 M (USD)-2967as on Mar 31, 2024
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Total Equity Funding
$1.49 M (USD)
in 2 rounds
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Latest Funding Round
$1.47 M (USD), Seed
Oct 14, 2015
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Investors
Tancom Investments
& 7 more
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Employee Count
219
as on Jul 31, 2025
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Products & Services of Amber
Amber offers a comprehensive portfolio of products and services, including AmberCare Basics, AmberCare Essentials, and AmberCare Premium. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coverage for Tesla components like media control unit.
Coverage for Tesla high-voltage battery and drive unit.
Comprehensive coverage for Tesla battery and multiple components.
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Funding Insights of Amber
Amber has successfully raised a total of $1.49M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.47 million completed in October 2015. 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 Seed — $1.5M
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First Round
First Round
(30 Sep 2015)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Seed - Amber | Valuation | Z47 | |
| Sep, 2015 | Amount | Angel Round - Amber | Valuation | Ravish Naresh , Rishabh Agarwal |
| 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 Amber
Amber has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Tancom Investments, Mitesh Shah and Z47. 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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MS
Mitesh Shah |
Co-founder of Infibeam, active angel investor in Indian startups
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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 Amber
| 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 - Amber
| 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 |
Amber Comparisons
Competitors of Amber
Amber 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 MyTVS, VehicleCare, Fixcraft, Automovill and Wheels Wisdom, 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 |
Online platform for booking automotive repair and maintenance services
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| domain | founded_year | HQ Location |
AI-based car repair and maintenance services are delivered.
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| domain | founded_year | HQ Location |
Online car repair and maintenance services are provided.
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| domain | founded_year | HQ Location |
Auto repair and maintenance services are aggregated online for users.
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| domain | founded_year | HQ Location |
Online booking of car repair and inspection services is facilitated.
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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 Amber
Frequently Asked Questions about Amber
When was Amber founded?
Amber was founded in 2015.
Where is Amber located?
Amber is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Amber?
Saurabh Goel is the current CEO of Amber. They have also founded this company.
Is Amber a funded company?
Amber is a funded company, having raised a total of $1.49M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $15.08K, raised on Sep 30, 2015.
How many employees does Amber have?
As of Jul 31, 2025, the latest employee count at Amber is 219.
What is the annual revenue of Amber?
Annual revenue of Amber is $8.81M as on Mar 31, 2024.
What does Amber do?
Extended warranty services are offered by Amber for Tesla electric vehicle owners. Coverage plans are tailored to protect critical components such as high-voltage batteries, drive units, and over a thousand other parts. Solutions are provided in three tiersBasics, Essentials, and Premiumto meet varying needs of EV owners. Additional benefits like towing reimbursement and substitute transportation are included. The automotive sector, specifically electric vehicle warranty services, is the primary focus, ensuring peace of mind for owners of aging Tesla vehicles.
Who are the top competitors of Amber?
Amber's top competitors include MyTVS, VehicleCare and Wheels Wisdom.
What products or services does Amber offer?
Amber offers AmberCare Basics, AmberCare Essentials, and AmberCare Premium.
Who are Amber's investors?
Amber has 8 investors. Key investors include Tancom Investments, Mitesh Shah, Z47, Bhavish Agarwal, and Pallavi Singh.
What is Amber's valuation?
The valuation of Amber is $4.2M as of Oct 2015.
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