About GMW
GMW is a company based in Hyderabad (India) founded in 2010.. GMW has raised $50 million across 2 funding rounds from investors including Global Emerging Markets and Naveen Kumar Aitha. The company has 20 employees as of March 31, 2024. GMW operates in a competitive market with competitors including TI Clean Mobility, 3evi, ETO Motors, Montra Electric and Atul Greentech, among others.
- Headquarter Hyderabad, India
- Employees 20 as on 31 Mar, 2024
- 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 Gayam Motor Works Private Limited
- Date of Incorporation 17 May, 2010
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$2.16 M (USD)44as on Mar 31, 2022
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Net Profit
$9.25 K (USD)-82.48as on Mar 31, 2022
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EBITDA
$117.67 K (USD)-8.98as on Mar 31, 2022
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Total Equity Funding
$50 M (USD)
in 2 rounds
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Latest Funding Round
$50 M (USD), Series C
Mar 31, 2021
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Investors
Global Emerging Markets
& 1 more
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Employee Count
20
as on Mar 31, 2024
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Funding Insights of GMW
GMW has successfully raised a total of $50M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in March 2021. 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 Series C — $50.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Series C - GMW | Valuation | Global Emerging Markets |
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| Aug, 2016 | Amount | Angel Round - GMW | Valuation | Naveen Kumar Aitha |
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| 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 GMW
GMW has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Global Emerging Markets and Naveen Kumar Aitha. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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NK
Naveen Kumar Aitha |
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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 GMW
| 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 - GMW
| 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 |
Gmw Comparisons
Competitors of GMW
GMW 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 TI Clean Mobility, 3evi, ETO Motors, Montra Electric and Atul Greentech, 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 |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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| domain | founded_year | HQ Location |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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| domain | founded_year | HQ Location |
Online platform offering electric vehicles and fleet management solutions
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| domain | founded_year | HQ Location |
Electric three-wheelers are manufactured by Montra Electric in India.
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| domain | founded_year | HQ Location |
Electric rickshaws are manufactured and developed by Atul Greentech.
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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 Gmw
Frequently Asked Questions about GMW
When was GMW founded?
GMW was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is GMW located?
GMW is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is GMW a funded company?
GMW is a funded company, having raised a total of $50M across 2 funding rounds to date.
How many employees does GMW have?
As of Mar 31, 2024, the latest employee count at GMW is 20.
What is the annual revenue of GMW?
Annual revenue of GMW is $2.16M as on Mar 31, 2022.
What does GMW do?
GMW was established in 2010 in Hyderabad, India, within the electric mobility sector. A platform is operated to deliver solutions including electric three-wheelers and bicycles. These vehicles are fitted with lithium-ion batteries, and battery-swapping systems are integrated to support operations. Focus is placed on sustainable transportation options in urban and regional contexts across India.
Who are the top competitors of GMW?
GMW's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
Who are GMW's investors?
GMW has 2 investors. Key investors include Global Emerging Markets, and Naveen Kumar Aitha.
What is GMW's valuation?
The valuation of GMW is $5.05M as of Aug 2016.