Magnum Honda

Bengaluru, India Founded: 2008 • Age: 18 yrs
Honda cars are sold and serviced through Magnum Honda dealership.
Annual revenue $29.8M Latest available
Total funding $978,690 1 rounds
Employees 490 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Magnum Honda

Magnum Honda is a company based in Bengaluru (India) founded in 2008. Magnum Honda has raised $978.69 thousand across 1 funding round. The company has 490 employees as of March 23, 2024. Magnum Honda offers products and services including Honda Cars and Car Services.

  • Headquarter Bengaluru, India
  • Employees 490 as on 23 Mar, 2024
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Akshara Motors Private Limited
  • Date of Incorporation 07 Aug, 2007
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $29.75 M (USD)
    31.48
    as on Mar 31, 2023
  • Net Profit
    $553.42 K (USD)
    5.47
    as on Mar 31, 2023
  • EBITDA
    $1.13 M (USD)
    27.83
    as on Mar 31, 2023
  • Total Equity Funding
    $978.69 K (USD)

    in 1 rounds

  • Latest Funding Round
    $978.69 K (USD), Seed

    Nov 30, 2008

  • Investors
    Not available
  • Employee Count
    490

    as on Mar 23, 2024

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Products & Services of Magnum Honda

Magnum Honda offers a comprehensive portfolio of products and services, including Honda Cars and Car Services.

Product name locked
Category locked
Primary

Various Honda car models are sold through dealership channels

Product name locked
Category locked
Locked

Servicing and maintenance for Honda vehicles are handled at dedicated centers

Funding Insights of Magnum Honda

Magnum Honda has successfully raised a total of $978.69K through 1 strategic funding round. The most recent funding activity was a Seed round of $978.69 thousand completed in November 2008. 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.

Investments & Acquisitions by Magnum Honda

Investments
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Investment portfolio details for Magnum Honda

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Financial Statements - Magnum Honda

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Magnum Honda Comparisons

Magnum Honda Primary company
Description
Honda cars are sold and serviced through Magnum Honda dealer...
Location
Bengaluru, India
Founded Year
2008
Annual Revenue
$29.75 M (USD)
Net Profit
$553.42 K (USD)
EBITDA
$1.13 M (USD)
Employees
490
As of 2024
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Peer comparison for Magnum Honda

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Competitors of Magnum Honda

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Latest news on Magnum Honda

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Frequently Asked Questions about Magnum Honda

Magnum Honda was founded in 2008.

Magnum Honda is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Magnum Honda is a funded company, having raised a total of $978.69K across 1 funding round to date.

As of Mar 23, 2024, the latest employee count at Magnum Honda is 490.

Annual revenue of Magnum Honda is $29.75M as on Mar 31, 2023.

Magnum Honda was established in 2008 as a dealership for Honda vehicles in Bengaluru, India. Operations focus on the automotive sector, with services encompassing new and pre-owned car sales, trade-ins, financing, insurance, maintenance, repairs, parts, and accessories. The entity functions as a trademark of Akshara Motors, supporting vehicle ownership in the region.

Magnum Honda offers Honda Cars and Car Services.

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