About MLR Auto
MLR Auto is a company based in Hyderabad (India) founded in 2009. MLR Auto has raised $10.15 million across 4 funding rounds from investors including Bengal Finance and Investment, Param Capital Research and Suryavanshi Commotrade. The company has 83 employees as of December 20, 2024. MLR Auto operates in a competitive market with competitors including Mahindra, Ford, Eicher Motors, TI Clean Mobility and Motovolt, among others.
- Headquarter Hyderabad, India
- Employees 83 as on 20 Dec, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Mlr Auto Limited
- Date of Incorporation 16 Feb, 2009
- Jurisdiction Muppirreddy Pally, Telangana, India
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Annual Revenue
$5.45 M (USD)405.32as on Mar 31, 2023
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Net Profit
-$3.16 M (USD)-63.61as on Mar 31, 2023
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EBITDA
-$2.18 M (USD)-103.59as on Mar 31, 2023
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Total Equity Funding
$10.15 M (USD)
in 4 rounds
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Latest Funding Round
$2.43 M (USD), Seed
Feb 17, 2018
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Investors
Bengal Finance and Investment
& 22 more
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Employee Count
83
as on Dec 20, 2024
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Funding Insights of MLR Auto
MLR Auto has successfully raised a total of $10.15M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.43 million completed in February 2018. 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 MLR Auto
MLR Auto has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bengal Finance and Investment, Param Capital Research and Suryavanshi Commotrade.
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Investor details for MLR Auto
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Investments & Acquisitions by MLR Auto
Investment portfolio details for MLR Auto
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Financial Statements - MLR Auto
Detailed financials for MLR Auto
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Mlr Auto Comparisons
Peer comparison for MLR Auto
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Competitors of MLR Auto
MLR Auto 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 Mahindra, Ford, Eicher Motors, TI Clean Mobility and Motovolt, among others.
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Diversified operations span automotive, agriculture, and financial services.
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Automobiles and commercial vehicles are manufactured by Ford.
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Commercial vehicles and two-wheelers are manufactured by Eicher Motors.
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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Electric bicycles with advanced features are developed by Motovolt.
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Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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Detailed competitors of MLR Auto
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Latest news on Mlr Auto
Complete news archive for MLR Auto
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Frequently Asked Questions about MLR Auto
MLR Auto was founded in 2009 and raised its 1st funding round 3 years after it was founded.
MLR Auto is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
MLR Auto is a funded company, having raised a total of $10.15M across 4 funding rounds to date.
As of Dec 20, 2024, the latest employee count at MLR Auto is 83.
Annual revenue of MLR Auto is $5.45M as on Mar 31, 2023.
MLR Auto was established in 2009 in Hyderabad, India, focusing on the electric vehicle sector. Electric three-wheelers are produced by the company for urban mobility needs. Bookings are enabled through submission of location data, personal information, payment details, and model preferences. Operations are managed from India, supporting distribution and service in the three-wheeler market. The domain tejaauto.co.in is utilized for online interactions.
MLR Auto's top competitors include Mahindra, Tata Motors and Ford.
MLR Auto has 23 investors. Key investors include Bengal Finance and Investment, Param Capital Research, Suryavanshi Commotrade, Dar's Business Finance, and Jnb Sidhu Finance.
The valuation of MLR Auto is $9.59M as of Feb 2018.