About MPover
MPover is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2017. Tire replacement, repair, and maintenance services are offered by MPover. Its chief executive, as recorded, is Venkat V. Its Indian entity Mpover India Tyre Eservice And Amc Private Limited reported revenue of ₹3.13 Cr. MPover offers products and services including Tyre Cooler, Tyre Coolant Solution, E-Tyre Mart, Mobile Service Van, and Tyre & Vehicle Management Solutions. Its focus areas include Auto, Auto Retail & Aftersales, Repair & Maintenance and Repair Shops. Its competitors include GoMechanic, MyTVS and GoBumpr; 3 of its 3 listed competitors have raised funding.
Company details
MPover was founded in 2017 and is headquartered in Chennai, India. Operations focus on the automotive sector, where tire replacement, repair, and maintenance services are provided to customers. The company serves the Indian market through its domain mpoverindia.com. Leadership is headed by CEO Venkat V. Services are tailored for vehicle owners seeking reliable tire care solutions in urban and regional areas.
- Headquarters Chennai, India
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website mpoverindia.com
- Social Facebook
- Legal Name Mpover India Tyre Eservice And Amc Private Limited
- Date of Incorporation 09 Aug, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.13 Cr
FY 2023 · -46% YoY
- Net Loss-₹3 Lakh
FY 2023 · -1% margin
- EBITDA₹6.3 Lakh
FY 2023 · 2% margin
Associated legal entities of MPover
MPover operates through Mpover India Tyre Eservice And Amc Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mpover India Tyre Eservice And Amc Private Limited CIN U35100TN2017PTC118041 | Active | 09 Aug 2017 | Chennai, Tamil Nadu | ₹3.1 Cr | 2 | View details |
Products & Services of MPover
MPover offers a comprehensive portfolio of products and services, including Tyre Cooler, Tyre Coolant Solution, E-Tyre Mart, Mobile Service Van, and Tyre & Vehicle Management Solutions.
Powder that reduces tyre temperature to increase life and durability.
Formulation that protects tyres by absorbing heat and extending lifespan.
Online store for tyre services including fitting and assembly options.
Vehicle for doorstep tyre repairs and free pickup and delivery.
System with GPS tracking for efficient tyre and vehicle oversight.
Board of directors of Mpover India Tyre Eservice And Amc Private Limited (MPover)
Mpover India Tyre Eservice And Amc Private Limited is the primary company behind MPover. The board of Mpover India Tyre Eservice And Amc Private Limited currently have 2 directors; the longest-serving is Venkatesan Anuradha, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatesan Anuradha DIN 07892192 | Managing Director | 09 Aug 2017 | 9 yrs 2 mo | Mpover India Tyre Eservice And Amc Private Limited |
| Vishnu Venkatesan DIN 08925628 | Additional Director | 15 Feb 2022 | 4 yrs 8 mo | Mpover India Tyre Eservice And Amc Private Limited |
People of MPover
1 people are tracked at MPover (1 in leadership).
| Name | Role | Group |
|---|---|---|
Venkat V | CEO | Leadership |
Complete people profiles for MPover
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MPover
Figures of Mpover India Tyre Eservice And Amc Private Limited, the primary company behind MPover, for FY 2023. Revenue was ₹3.13 Cr (-46% year on year). Net loss was -₹3 Lakh (-1% margin). EBITDA was ₹6.3 Lakh (2% margin). Revenue has grown at a compounded annual rate of +108% over three years and +106% over five years.
- ₹3.13 CrRevenue · FY 2023 · -46% YoY
- -₹3 LakhNet loss · -1% margin
- ₹6.3 LakhEBITDA · 2% margin
- ₹10 LakhPaid-up capital
- +108%Revenue CAGR, 3 years
- +106%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mpover India Tyre Eservice And Amc Private Limited are on its company page.
Detailed financial statements for MPover
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.
Competitors of MPover
MPover has 3 listed competitors in our database, 3 of them funded. They include GoMechanic, MyTVS and GoBumpr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gomechanic.in | 2016 | Gurugram, India | $62.01M | 171 | Provider of car service and repair network | |
| mytvs.in | 2003 | Chennai, India | $223.22M | 1,292 | Online platform for booking automotive repair and maintenance services | |
| gobumpr.com | 2015 | Chennai, India | $2.66M | 1,051 | App-based garage aggregation for auto repair and maintenance is offered. |
Detailed competitors of MPover
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as MPover (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Frequently Asked Questions about MPover
MPover was founded in 2017.
MPover is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Venkat V is the CEO of MPover, as recorded in our data.
The primary company behind MPover, Mpover India Tyre Eservice And Amc Private Limited, reported revenue of ₹3.13 Cr for FY 2023, down 46% year on year.
MPover was founded in 2017 and is headquartered in Chennai, India. Operations focus on the automotive sector, where tire replacement, repair, and maintenance services are provided to customers. The company serves the Indian market through its domain mpoverindia.com. Leadership is headed by CEO Venkat V. Services are tailored for vehicle owners seeking reliable tire care solutions in urban and regional areas.
MPover's top competitors include GoMechanic, MyTVS and GoBumpr.
MPover offers Tyre Cooler, Tyre Coolant Solution, E-Tyre Mart, Mobile Service Van, and Tyre & Vehicle Management Solutions.
MPover operates through Mpover India Tyre Eservice And Amc Private Limited.
The legal entities of MPover currently have 2 directors, including Vishnu Venkatesan, Venkatesan Anuradha.