About Magnum Honda
Magnum Honda is a company based in Bengaluru (India) founded in 2008. Honda cars are sold and serviced through Magnum Honda dealership. Magnum Honda has raised $978.69 thousand across 1 funding round. The company has 490 employees. Its Indian entity Akshara Motors Private Limited reported revenue of ₹258 Cr. Magnum Honda offers products and services including Honda Cars and Car Services.
Company details
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.
- Headquarters Bengaluru, India
- Employees 490
- Email••••••••
- Phone•••• ••••
- Website magnumhonda.com
- Social X Facebook
- Legal Name Akshara Motors Private Limited
- Date of Incorporation 07 Aug, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹258 Cr
FY 2025 · -12% YoY
- Net Profit₹3.47 Cr
FY 2025 · 1% margin
- EBITDA₹8.18 Cr
FY 2025 · 3% margin
- Total Equity Funding$978.69K (USD)
in 1 rounds
- Latest Funding Round$978.69K (USD), Seed
Nov 2008
- Employee Count490
Associated legal entities of Magnum Honda
Magnum Honda operates through Akshara Motors 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 |
|---|---|---|---|---|---|---|---|
| Akshara Motors Private Limited CIN U34100KA2007PTC043553 | Active | 07 Aug 2007 | Bangalore, Karnataka | ₹258 Cr | 490 | 6 | View details |
Products & Services of Magnum Honda
Magnum Honda offers a comprehensive portfolio of products and services, including Honda Cars and Car Services.
Various Honda car models are sold through dealership channels
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.
- Total Funding $978,690
- Total Rounds 1
- Last Round Seed — $978,690
- First Round $978,690
(Nov 2008)
All 1 funding rounds of Magnum Honda with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2008 | $978,690 | Seed | – | – | – |
Board of directors of Akshara Motors Private Limited (Magnum Honda)
Akshara Motors Private Limited is the primary company behind Magnum Honda. The board of Akshara Motors Private Limited currently have 6 directors; the longest-serving is Sharmila Shyam Meda, appointed in 2007. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sharmila Shyam Meda DIN 01613928 | Director | 07 Aug 2007 | 19 yrs 3 mo | Akshara Motors Private Limited |
| Meda Pandurangasetty Shyam DIN 00293568 | Managing Director | 07 Aug 2007 | 19 yrs 3 mo | Akshara Motors Private Limited |
| Venkata Sathya Subramanyaguptha DIN 00371877 | Director | 05 Aug 2016 | 10 yrs 3 mo | Akshara Motors Private Limited |
| Nivedita Meda Shyam DIN 07575090 | Director | 05 Aug 2016 | 10 yrs 3 mo | Akshara Motors Private Limited |
| Anupama Guptha DIN 00375051 | Director | 05 Aug 2016 | 10 yrs 3 mo | Akshara Motors Private Limited |
| Nikhil Gupta DIN 02448111 | Director | 05 Aug 2016 | 10 yrs 3 mo | Akshara Motors Private Limited |
Financials of Magnum Honda
Figures of Akshara Motors Private Limited, the primary company behind Magnum Honda, for FY 2025. Revenue was ₹258 Cr (-12% year on year). Net profit was ₹3.47 Cr (1% margin). EBITDA was ₹8.18 Cr (3% margin). Revenue has grown at a compounded annual rate of +11% over three years.
- ₹258 CrRevenue · FY 2025 · -12% YoY
- ₹3.47 CrNet profit · 1% margin
- ₹8.18 CrEBITDA · 3% margin
- ₹5.00 CrPaid-up capital
- 490Employees (provident fund records)
- +11%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Akshara Motors Private Limited are on its company page.
Detailed financial statements for Magnum Honda
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.
Timeline of Magnum Honda
2 dated milestones of Magnum Honda, from founding to its latest funding, stage changes and deals.
- Founded Magnum Honda is founded.
- Funding First funding round of $979K.
Web traffic of Magnum Honda
The website of Magnum Honda (magnumhonda.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▼ 22.1% vs previous month
Websites whose visitors overlap most with Magnum Honda. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hondaautoterrace.com | hondaautoterrace.com | 100% | #667,513 | – | |
| whitefieldhonda.com | 100% | 680.7K | #2,923,584 | View details | |
arher.pl | arher.pl | 82% | – | ||
hondaplaza.pl | hondaplaza.pl | 82% | #2,820,343 | – | |
dvarismotors.ru | dvarismotors.ru | 82% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Magnum Honda
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- Audience overlap
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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. The company's 1st funding round was a Seed of $978.69K, raised on Nov 2008.
Magnum Honda has 490 employees.
The primary company behind Magnum Honda, Akshara Motors Private Limited, reported revenue of ₹258 Cr for FY 2025, down 12% year on year.
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.
Magnum Honda operates through Akshara Motors Private Limited.
The legal entities of Magnum Honda currently have 6 directors, including Venkata Sathya Subramanyaguptha, Sharmila Shyam Meda, Nivedita Meda Shyam and others.