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
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mlr Auto Limited
- Date of Incorporation 16 Feb, 2009
- Jurisdiction Muppirreddy Pally, Telangana, India
-
Annual Revenue
$5.45 M (USD)405.32as on Mar 31, 2023
-
Net Profit
$-3.16 M (USD)-63.61as on Mar 31, 2023
-
EBITDA
$-2.18 M (USD)-103.59as on Mar 31, 2023
-
Total Equity Funding
$10.15 M (USD)
in 4 rounds
-
Latest Funding Round
$2.43 M (USD), Seed
Feb 17, 2018
-
Investors
Bengal Finance and Investment
& 22 more
-
Employee Count
83
as on Dec 20, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $2.4M
-
First Round
First Round
(14 Mar 2012)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Seed - MLR Auto | Valuation | Bengal Finance and Investment | |
| Jul, 2016 | Amount | Seed - MLR Auto | Valuation | Risewell Credit Capital | |
| Mar, 2014 | Amount | Seed - MLR Auto | Valuation | Ashish Kacholia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MLR Auto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MLR Auto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mlr Auto Comparisons
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. 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 |
Diversified operations span automotive, agriculture, and financial services.
|
|
| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
|
|
| domain | founded_year | HQ Location |
Commercial vehicles and two-wheelers are manufactured by Eicher Motors.
|
|
| domain | founded_year | HQ Location |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
|
|
| domain | founded_year | HQ Location |
Electric bicycles with advanced features are developed by Motovolt.
|
|
| domain | founded_year | HQ Location |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mlr Auto
Frequently Asked Questions about MLR Auto
When was MLR Auto founded?
MLR Auto was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is MLR Auto located?
MLR Auto is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is MLR Auto a funded company?
MLR Auto is a funded company, having raised a total of $10.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $5.58M, raised on Mar 14, 2012.
How many employees does MLR Auto have?
As of Dec 20, 2024, the latest employee count at MLR Auto is 83.
What is the annual revenue of MLR Auto?
Annual revenue of MLR Auto is $5.45M as on Mar 31, 2023.
What does MLR Auto do?
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.
Who are the top competitors of MLR Auto?
MLR Auto's top competitors include Mahindra, Tata Motors and Ford.
Who are MLR Auto's investors?
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.
What is MLR Auto's valuation?
The valuation of MLR Auto is $9.59M as of Feb 2018.