MyTVS

Chennai, India Founded: 2003 • Age: 23 yrs Minicorn
Online platform for booking automotive repair and maintenance services

About MyTVS

MyTVS is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2003 by K V Narasimha Chary. Online platform for booking automotive repair and maintenance services. It operates in the Transportation, Automotive & Logistics and Business Services sectors. MyTVS has raised $267.34 million across 10 funding rounds from investors including Mahindra, Mitsubishi Corporation and Exor. The company has 1,292 employees. MyTVS has completed 2 acquisitions, including JazzMyRide and RedSun Telematics. MyTVS was last valued at $173.9 million in February 2021. Its chief executive, as recorded, is K V Narasimha Chary. Its website mytvs.in draws about 26 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Aftermarket Service and Repair. Its competitors include VehicleCare, Fixcraft and AutoBrix; 3 of its 3 listed competitors have raised funding.

Company details

MyTVS was founded in 2003 in Chennai, India, as an online platform in the automotive sector. Services such as multi-brand car repairs, roadside assistance, extended warranty management, service tools, consumables, and insurance are offered. Users book appointments by specifying service type, car model, city, and other details, with operations focused on the Indian market.

  • Headquarters Chennai, India
  • Employees 1,292
  • Founders K V Narasimha Chary
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website mytvs.in
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    $217.94 M (USD)
    -10
    as on Mar 31, 2024
  • Net Profit
    -$16.75 M (USD)
    29
    as on Mar 31, 2024
  • EBITDA
    -$3.33 M (USD)
    64
    as on Mar 31, 2024
  • Total Equity Funding
    $267.34M (USD)

    in 10 rounds

  • Latest Funding Round
    $44.12M (USD), Series D

    Oct 2026

  • Investors
    Mahindra

    & 30 more

  • Employee Count
    1,292
  • Investments & Acquisitions
    JazzMyRide

    & 1 more

Funding Insights of MyTVS

MyTVS has successfully raised a total of $267.34M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $44.12 million completed in October 2026. 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 $267.34M
  • Total Rounds 10
  • Last Round Series D β€” $44.12M
  • First Round $17.31M

    (Feb 2011)

  • Investors Count 31

All 10 funding rounds of MyTVS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2026$44.12MSeries D––
Nov 2022$83.48MSeries C––
Jun 2021$47.89MSeries C––
Feb 2021$6.33MSeries B$173.9MMahindra
Sep 2019$22.54MSeries B$172.03MKitara Capital
Apr 2018$4.06MSeries B$β€’β€’β€’β€’β€’Mitsubishi Corporation
–
Mar 2018$19.23MSeries B–Dinram Holdings, TVS Eurogrip
Jul 2016$4.78MSeries B$β€’β€’β€’β€’β€’Kitara Capital
–
Mar 2016$17.59MSeries B$β€’β€’β€’β€’β€’TVS Srichakra, The Associated Auto Parts
Feb 2011$17.31MSeries A$β€’β€’β€’β€’β€’Kitara Capital
–
Valuation history
DateValuationStage
Feb 2021$173.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2019$172.03Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2011$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of MyTVS

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Last known valuation $173.9M (Feb 2021). 31 investors in total: 11 institutional and 20 angel.

Investors in MyTVS

MyTVS has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Mahindra, Mitsubishi Corporation and Exor.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment management and co-investment services through global networks.
kitaracapital.com
Venture capital firm focused on multiple sectors
Madurai, India
Private equity advisory services are provided across multiple sectors.
Chennai, India
Engine oils, fuels, and lubricants are produced by Castrol.
1899castrol.comLondon, United Kingdom
Venture capital firm focused on health insurance companies and operates multiple industries
1927exor.comAmsterdam, Netherlands
Diversified operations span automotive, agriculture, and financial services.
1945mahindra.comMumbai, India
Natural gas and petroleum are distributed and traded globally.
1954mitsubishicorp.comNew York, United States
Distributes auto spare parts and components across Western India for trade.
1944theassociatedautoparts.comMumbai, India
Tyres for two-wheelers and three-wheelers are manufactured in India.
1982tvstyres.comMadurai, India
Automotive tyres are manufactured and supplied by TVS Eurogrip.
1982tvseurogrip.comMadurai, India
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Board of directors of MyTVS

The boards of the 3 registered companies of MyTVS currently have 17 directors; the longest-serving is Aroon Raman, appointed in 2011. 29 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aroon Raman
DIN 00201205
Director13 Jun 201115 yrs 4 moTvs Automobile Solutions Private Limited
Muthuswami Lakshminarayan
DIN 00064750
Director11 Jul 201214 yrs 4 moTvs Automobile Solutions Private Limited
Sanjay Kumar Nigam
DIN 06529751
Director20 Mar 201511 yrs 7 moTvs Auto Assist (India) Limited
Santhanagopalan
DIN 02909913
Director20 Mar 201511 yrs 7 moTvs Auto Assist (India) Limited
Shobhana Ramachandhran
DIN 00273837
Director20 Jun 201610 yrs 4 moTvs Automobile Solutions Private Limited
Padmanabhan Gopalakrishnan
DIN 02214367
Director16 Aug 20188 yrs 2 moTvs Auto Assist (India) Limited
Coimbatore Srinivasan Natarajan
DIN 08227157
Director15 Oct 20188 yrsTvs Auto Assist (India) Limited
Srinivasa Raghavan Gopalan
DIN 06683396
Director05 Jul 20215 yrs 4 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Sachin Nithyanand Kamath
DIN 01592593
Director05 Jul 20215 yrs 4 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Gael Escribe
DIN 09218085
Director05 Jul 20215 yrs 4 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Ramachandhran Dinesh
DIN 00363300
Director05 Jul 20215 yrs 4 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Ashish Kaushik
DIN 09289238
Director09 Sep 20215 yrs 2 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Yutaka Yoshida
DIN 08516640
Director02 Sep 20233 yrs 2 moTvs Automobile Solutions Private Limited
Kenji Nakatani
DIN 10701217
Additional Director01 Aug 20242 yrs 3 moKi Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited
Kedar Lele
DIN 06969319
Additional Director01 Nov 20242 yrsKi Mobility Solutions Private Limited
Takehiro Fujioka
DIN 05358386
Director23 Aug 20251 yr 2 moTvs Automobile Solutions Private Limited
Saugata Basuray
DIN 09522239
Additional Director01 Jan 202610 moTvs Automobile Solutions Private Limited

People of MyTVS

20 people are tracked at MyTVS (7 in leadership, 13 in team); the tracked headcount is 1,292.

NameRoleGroup
K V Narasimha Chary
Founder & CEOLeadership
Venkatesan Santhanam
HR DirectorLeadership
Bharath C.
Vice PresidentLeadership
G Srinivasa Raghavan
Managing DirectorLeadership
Senior Vice PresidentLeadership
Sai Satheesh
Chief Technology OfficerLeadership
Harman Singh
Deputy General ManagerLeadership
Rambalaji Subramani
Assistant Manager Human ResourcesTeam
Immanuel S
Regional ManagerTeam
Praveen Govindaraj
Sales ExecutiveTeam
Ranjith C
Senior Officer – IT Cloud Infrastructure & SecurityTeam
Srivathsan Narasimhan
Manager - Business FinanceTeam
Lokendra Pratap Khinchi
Network Expansion Manager - RajasthanTeam
Thiyagarajan G
Assistant Manager SourcingTeam
Manikanda Balan
Dy Manager - HRTeam
Govind Sharma
Sales ExecutiveTeam
Ponrajesh S
Service EngineerTeam
Kuldeep Singh Sidhu
Business Manager North EastTeam
Mohan Raj
Regional Service ManagerTeam
Vignesh K
E-marketing, Backend OperationsTeam
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Financials of MyTVS

Figures of Ki Mobility Solutions Private Limited, the primary company behind MyTVS, for FY 2023. Revenue was ₹570 Cr (+30% year on year). Net loss was -₹165 Cr (-10% margin). EBITDA was -₹71.93 Cr (-5% margin). Revenue has grown at a compounded annual rate of +42% over three years.

  • ₹570 CrRevenue · FY 2023 · +30% YoY
  • -₹165 CrNet loss · -10% margin
  • -₹71.93 CrEBITDA · -5% margin
  • ₹1.28 CrPaid-up capital
  • 1,015Employees (provident fund records)
  • +42%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ki Mobility Solutions Private Limited are on its company page.

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Investments & Acquisitions by MyTVS

MyTVS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include JazzMyRide and RedSun Telematics.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Telematics products are supplied to roadside assistance and insurance firms.
redsuntelematics.comChennai, India2013Jun 2016β€’β€’β€’β€’
Vehicle enhancement services are provided in Delhi, India.
jazzmyride.comDelhi, India2014May 2016β€’β€’β€’β€’
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Timeline of MyTVS

6 dated milestones of MyTVS across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded MyTVS is founded.
  2. Funding First funding round of $17.3M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires JazzMyRide.
  5. Acquisition Acquires RedSun Telematics.
  6. Funding Latest funding round, Series D, of $44.1M.

Competitors of MyTVS

MyTVS has 3 listed competitors in our database, 3 of them funded. They include VehicleCare, Fixcraft and AutoBrix.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vehiclecare.in2019Gurugram, India$374,81163
AI-based car repair and maintenance services are delivered.
fixcraft.in2018Gurugram, India$2.29M2
Online car repair and maintenance services are provided.
autobrix.com2018Bengaluru, India$3.01M
An online platform for booking car wash and repair services conveniently.
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Web traffic of MyTVS

The website of MyTVS (mytvs.in) receives about 25.6K visits a month.

  • Monthly visits
    25.6K

    ▲ 10% vs previous month

Similar websites

Websites whose visitors overlap most with MyTVS. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carvaidya.com
100%
680.7K#249,982View details
carnation.in
99%
View details
oriparts.com
oriparts.com
96%
#97,090–
motormania.co.uk
motormania.co.uk
92%
–
pitcrew.co.in
pitcrew.co.in
89%
#1,714,401–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as MyTVS (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Related news about Mytvs

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Frequently Asked Questions about MyTVS

MyTVS was founded in 2003 and raised its 1st funding round 8 years after it was founded.

MyTVS is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

K V Narasimha Chary is the CEO of MyTVS, as recorded in our data. They have also founded this company.

MyTVS is a funded company, having raised a total of $267.34M across 10 funding rounds to date. The company's 1st funding round was a Series A of $17.31M, raised on Feb 2011.

MyTVS has 1,292 employees.

Annual revenue of MyTVS is $217.94M as on Mar 31, 2024.

MyTVS was founded in 2003 in Chennai, India, as an online platform in the automotive sector. Services such as multi-brand car repairs, roadside assistance, extended warranty management, service tools, consumables, and insurance are offered. Users book appointments by specifying service type, car model, city, and other details, with operations focused on the Indian market.

MyTVS's top competitors include VehicleCare, AutoBrix and Fixcraft.

MyTVS has made 2 acquisitions, including JazzMyRide, and RedSun Telematics.

MyTVS has 31 investors. Key investors include Mahindra, Mitsubishi Corporation, Exor, TVS Eurogrip, and Castrol.

The valuation of MyTVS is $173.9M as of Feb 2021.

MyTVS is associated with 3 legal entities: Ki Mobility Solutions Private Limited, Tvs Automobile Solutions Private Limited, Tvs Auto Assist (India) Limited.

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