About BNC Motors
BNC Motors is a company based in Coimbatore (India) founded in 2020 by Anirudh Narayanan and Vinoth Thiruvenkatasamy.. BNC Motors has raised $8.66 million across 6 funding rounds from investors including Jaja, Musashi Seimitsu Industry and Srinivasaiyer Gopalakrishnan. The company has 369 employees as of March 27, 2025. BNC Motors operates in a competitive market with competitors including Ultraviolette, Ola Electric, Ather Energy, Gogoro and Oben Electric, among others.
- Headquarter Coimbatore, India
- Employees 369 as on 27 Mar, 2025
- Founders Anirudh Narayanan, Vinoth Thiruvenkatasamy
- 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
*********
- Legal Name Booma Innovative Transport Solutions Private Limited
- Date of Incorporation 25 Dec, 2019
- Jurisdiction Coimbatore North, Tamil Nadu, India
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Annual Revenue
$908.17 K (USD)5.79as on Mar 31, 2024
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Net Profit
$-1.78 M (USD)-55.88as on Mar 31, 2024
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EBITDA
$-1.33 M (USD)-6.38as on Mar 31, 2024
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Total Equity Funding
$8.66 M (USD)
in 6 rounds
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Latest Funding Round
$3.06 M (USD), Series A
Sep 05, 2022
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Investors
Jaja
& 24 more
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Employee Count
369
as on Mar 27, 2025
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Leadership Team
1 people
Manager Team
1 people
Sales and Marketing
1 people
Creative and Marketing Team
1 people
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Funding Insights of BNC Motors
BNC Motors has successfully raised a total of $8.66M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.06 million completed in September 2022. 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 6
- Last Round Series A — $3.1M
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First Round
First Round
(10 Dec 2020)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - BNC Motors | Valuation | Musashi Seimitsu Industry | |
| Mar, 2022 | Amount | Angel Round - BNC Motors | Valuation | Srinivasaiyer Gopalakrishnan | |
| Aug, 2021 | Amount | Angel Round - BNC Motors | Valuation | Srinivasaiyer Gopalakrishnan |
| 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 BNC Motors
BNC Motors has secured backing from 25 investors, including institutional and angel investors. Prominent investors backing the company include Jaja, Musashi Seimitsu Industry and Srinivasaiyer Gopalakrishnan. 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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Major auto components are manufactured and supplied to OEMs.
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Credit card issuing and processing solutions are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 BNC Motors
| 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 - BNC Motors
| 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 |
Bnc Motors Comparisons
Competitors of BNC Motors
BNC Motors 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 Ultraviolette, Ola Electric, Ather Energy, Gogoro and Oben Electric, 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 |
High-performance electric motorcycles for street and sports use are engineered.
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| domain | founded_year | HQ Location |
Electric scooters and motorcycles are manufactured with related accessories.
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| domain | founded_year | HQ Location |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
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| domain | founded_year | HQ Location |
Electric scooters are developed and battery swapping networks are operated.
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| domain | founded_year | HQ Location |
Electric motorcycles and components are designed and manufactured.
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| domain | founded_year | HQ Location |
Retailer of electric scooters offering test rides, maintenance, and financing
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Bnc Motors
Frequently Asked Questions about BNC Motors
When was BNC Motors founded?
BNC Motors was founded in 2020.
Where is BNC Motors located?
BNC Motors is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Who is the current CEO of BNC Motors?
Anirudh Narayanan is the current CEO of BNC Motors. They have also founded this company.
Is BNC Motors a funded company?
BNC Motors is a funded company, having raised a total of $8.66M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $1.28M, raised on Dec 10, 2020.
How many employees does BNC Motors have?
As of Mar 27, 2025, the latest employee count at BNC Motors is 369.
What is the annual revenue of BNC Motors?
Annual revenue of BNC Motors is $908.17K as on Mar 31, 2024.
What does BNC Motors do?
BNC Motors was founded in 2020 and is based in Coimbatore, India. Electric two-wheelers are produced by the company within the sustainable transportation sector. Vehicles are developed incorporating features such as removable batteries and hub motors. A variety of energy-efficient models is provided, aimed at decreasing vehicular emissions across Indian urban areas. Operations focus on innovation in low-pollution mobility solutions for local markets.
Who are the top competitors of BNC Motors?
BNC Motors's top competitors include Ather Energy, Ola Electric and Ultraviolette.
Who are BNC Motors's investors?
BNC Motors has 25 investors. Key investors include Jaja, Musashi Seimitsu Industry, Srinivasaiyer Gopalakrishnan, Hari Krishna Badas, and Avalur Gopalaratnam Muralikrishnan.
What is BNC Motors's valuation?
The valuation of BNC Motors is $45.95M as of Sep 2022.