About iGowise Mobility
iGowise Mobility is a company based in Bengaluru (India) founded in 2020 by Balamurugan KGS. It operates as a D2C, and B2B. iGowise Mobility has raised $1.92 million across 2 funding rounds from investors including Guptaji invests and 888vc. The company has 24 employees as of March 31, 2023. iGowise Mobility offers products and services including BeiGo X4. iGowise Mobility operates in a competitive market with competitors including TyresNMore, Tyremarket, Cherry Agencies, Indo Wheels and Change MyTyre, among others.
- Headquarter Bengaluru, India
- Employees 24 as on 31 Mar, 2023
- Founders Balamurugan KGS
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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 Igowise Mobility Private Limited
- Date of Incorporation 22 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$24.1 K (USD)567.6as on Mar 31, 2023
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Net Profit
$-227.63 K (USD)-457.41as on Mar 31, 2023
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EBITDA
$-209.67 K (USD)-524.5as on Mar 31, 2023
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Total Equity Funding
$1.92 M (USD)
in 2 rounds
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Latest Funding Round
$924.56 K (USD), Seed
Sep 29, 2025
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Investors
Guptaji invests
& 1 more
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Employee Count
24
as on Mar 31, 2023
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Products & Services of iGowise Mobility
iGowise Mobility offers a comprehensive portfolio of products and services, including BeiGo X4. 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.
Urban vehicle with high torque for efficient commuting and safety.
Funding Insights of iGowise Mobility
iGowise Mobility has successfully raised a total of $1.92M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $924.56 thousand completed in September 2025. 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 — $924,558
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First Round
First Round
(01 Apr 2025)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Seed - iGowise Mobility | Valuation |
investors |
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| Apr, 2025 | Amount | Seed - iGowise Mobility | Valuation |
investors |
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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 iGowise Mobility
iGowise Mobility has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Guptaji invests and 888vc. 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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Angel network and startup accelerator focused on healthtech, agritech, AI, fintech, SaaS, and multiple sectors
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Founded Year | Domain | Location | |
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Strategic investments and angel network services in India.
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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 iGowise Mobility
| 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 - iGowise Mobility
| 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 |
Igowise Mobility Comparisons
Competitors of iGowise Mobility
iGowise Mobility 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 TyresNMore, Tyremarket, Cherry Agencies, Indo Wheels and Change MyTyre, 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 tyre retailer
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| domain | founded_year | HQ Location |
Online marketplace for buying car and bike tyre
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for tyres and related vehicle products.
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| domain | founded_year | HQ Location |
Specializes in tyre retailing with high-value-added products and services.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for tyre sales and services.
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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 Igowise Mobility
Frequently Asked Questions about iGowise Mobility
When was iGowise Mobility founded?
iGowise Mobility was founded in 2020 and raised its 1st funding round 5 years after it was founded.
Where is iGowise Mobility located?
iGowise Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is iGowise Mobility a funded company?
iGowise Mobility is a funded company, having raised a total of $1.92M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 01, 2025.
How many employees does iGowise Mobility have?
As of Mar 31, 2023, the latest employee count at iGowise Mobility is 24.
What is the annual revenue of iGowise Mobility?
Annual revenue of iGowise Mobility is $24.1K as on Mar 31, 2023.
What does iGowise Mobility do?
BeiGo is an electric vehicle brand inspired by nature, delivering high torque and acceleration for urban environments. It features robust twin-wheel technology for enhanced grip and safety on slippery roads. Based in Bengaluru, India, the company focuses on sustainable mobility solutions, blending performance, comfort, and affordability without compromising reliability. It targets individual consumers for direct bookings and partnerships.
Who are the top competitors of iGowise Mobility?
iGowise Mobility's top competitors include TyresNMore, Tyremarket and Change MyTyre.
What products or services does iGowise Mobility offer?
iGowise Mobility offers BeiGo X4.
Who are iGowise Mobility's investors?
iGowise Mobility has 2 investors. Key investors include Guptaji invests, and 888vc.