About Growheels
Growheels is a Consumer company based in Mumbai (India) founded in 2023. Online platform for vehicle loans, sales, and financing of two-wheelers, four-wheelers, trucks, and tractors. It operates on a Marketplace and B2C model in Consumer and Technology sectors. The company has 5 employees. Its Indian entity Growheels Technologies Private Limited reported revenue of ₹4.24 Cr. Growheels offers products and services including Vehicle Marketplace, Home Loans, and Truck and Tractor Sales. Its focus areas include Ecommerce, Vehicle Sales, Online Platform and FinTech. Its competitors include AvailCar, CallVehicles and CarVar.
Company details
Growheels operates as an online marketplace that offers vehicle loans and sales, featuring a wide range of products including auto rickshaws, two-wheelers, four-wheelers, trucks, and tractors. It allows users to search and select vehicles by type, make, and model, with options for new, popular, and upcoming listings. The platform facilitates financing through services like home loans for vehicles, targeting individual consumers interested in purchasing or upgrading transportation options, though specific locations are not detailed.
- Headquarters Mumbai, India
- Employees 5
- SectorsConsumerTechnology
- Email••••••••
- Website growheels.com
- Legal Name Growheels Technologies Private Limited
- Date of Incorporation 18 Nov, 2023
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.24 Cr
FY 2025 · +82% YoY
- Net Profit₹6.3 Lakh
FY 2025 · 1% margin
- EBITDA₹10.1 Lakh
FY 2025 · 2% margin
- Employee Count5
Associated legal entities of Growheels
Growheels operates through Growheels Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Growheels Technologies Private Limited CIN U73200MH2023PTC413973 | Active | 18 Nov 2023 | Mumbai, Maharashtra | ₹4.2 Cr | 13 | 2 | View details |
Products & Services of Growheels
Growheels offers a comprehensive portfolio of products and services, including Vehicle Marketplace, Home Loans, and Truck and Tractor Sales.
Online service for searching and buying various vehicles like two-wheelers and trucks.
Platform for applying vehicle financing and loans for different vehicle types.
Service for listing and purchasing commercial vehicles such as trucks and tractors.
Board of directors of Growheels Technologies Private Limited (Growheels)
Growheels Technologies Private Limited is the primary company behind Growheels. The board of Growheels Technologies Private Limited currently have 2 directors; the longest-serving is Derick Cyril Thomas, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Derick Cyril Thomas DIN 06810979 | Director | 18 Nov 2023 | 2 yrs 11 mo | Growheels Technologies Private Limited |
| Kiran Sumit Prajapati DIN 10142910 | Director | 18 Nov 2023 | 2 yrs 11 mo | Growheels Technologies Private Limited |
Financials of Growheels
Figures of Growheels Technologies Private Limited, the primary company behind Growheels, for FY 2025. Revenue was ₹4.24 Cr (+82% year on year). Net profit was ₹6.3 Lakh (1% margin). EBITDA was ₹10.1 Lakh (2% margin).
- ₹4.24 CrRevenue · FY 2025 · +82% YoY
- ₹6.3 LakhNet profit · 1% margin
- ₹10.1 LakhEBITDA · 2% margin
- ₹2 LakhPaid-up capital
- 13Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Growheels Technologies Private Limited are on its company page.
Detailed financial statements for Growheels
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Growheels
Growheels has 3 listed competitors in our database. They include AvailCar, CallVehicles and CarVar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| availcar.com | 2019 | Zirakpur, India | A car sharing platform enabling users to rent vehicles by the day or week from neighborhood locations in Chicago and Denver. | |||
| callvehicles.com | 2005 | Ahmedabad, India | Delivers a comprehensive portal for automotive information. | |||
| carvar.in | 2015 | Mumbai, India | Aggregates used car listings from various online portals for easy access. |
Detailed competitors of Growheels
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Growheels (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Frequently Asked Questions about Growheels
Growheels was founded in 2023.
Growheels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Growheels has 5 employees.
The primary company behind Growheels, Growheels Technologies Private Limited, reported revenue of ₹4.24 Cr for FY 2025, up 82% year on year.
Growheels operates as an online marketplace that offers vehicle loans and sales, featuring a wide range of products including auto rickshaws, two-wheelers, four-wheelers, trucks, and tractors. It allows users to search and select vehicles by type, make, and model, with options for new, popular, and upcoming listings. The platform facilitates financing through services like home loans for vehicles, targeting individual consumers interested in purchasing or upgrading transportation options, though specific locations are not detailed.
Growheels's top competitors include CarVar, AvailCar and CallVehicles.
Growheels offers Vehicle Marketplace, Home Loans, and Truck and Tractor Sales.
Growheels operates through Growheels Technologies Private Limited.
The legal entities of Growheels currently have 2 directors, including Derick Cyril Thomas, Kiran Sumit Prajapati.