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
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- 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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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NK
Naveen Kumar Aitha |
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Investor details for GMW
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Investments & Acquisitions by GMW
Investment portfolio details for GMW
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Financial Statements - GMW
Detailed financials for GMW
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Gmw Comparisons
Peer comparison for GMW
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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Online platform offering electric vehicles and fleet management solutions
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Electric three-wheelers are manufactured by Montra Electric in India.
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Electric rickshaws are manufactured and developed by Atul Greentech.
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Detailed competitors of GMW
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Latest news on Gmw
Complete news archive for GMW
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Frequently Asked Questions about GMW
GMW was founded in 2010 and raised its 1st funding round 6 years after it was founded.
GMW is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
GMW is a funded company, having raised a total of $50M across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at GMW is 20.
Annual revenue of GMW is $2.16M as on Mar 31, 2022.
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.
GMW's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
GMW has 2 investors. Key investors include Global Emerging Markets, and Naveen Kumar Aitha.
The valuation of GMW is $5.05M as of Aug 2016.