About MyTVS
MyTVS is a company based in Chennai (India) founded in 2003 by K V Narasimha Chary. MyTVS has raised $223.22 million across 9 funding rounds from investors including Mahindra, Mitsubishi Corporation and Exor. The company has 1,292 employees as of January 31, 2025. MyTVS has completed 2 acquisitions, including JazzMyRide and RedSun Telematics. MyTVS operates in a competitive market with competitors including VehicleCare, CAFU, Fixcraft, AutoBrix and Amber, among others.
- Headquarter Chennai, India
- Employees 1292 as on 31 Jan, 2025
- Founders K V Narasimha Chary
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$217.94 M (USD)-10as on Mar 31, 2024
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Net Profit
-$16.75 M (USD)29as on Mar 31, 2024
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EBITDA
-$3.33 M (USD)64as on Mar 31, 2024
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Total Equity Funding
$223.22 M (USD)
in 9 rounds
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Latest Funding Round
$83.48 M (USD), Series C
Nov 01, 2022
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Investors
Mahindra
& 29 more
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Employee Count
1292
as on Jan 31, 2025
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Investments & Acquisitions
JazzMyRide
& 1 more
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Funding Insights of MyTVS
MyTVS has successfully raised a total of $223.22M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $83.48 million completed in November 2022. 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 MyTVS
MyTVS has secured backing from 30 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Mahindra, Mitsubishi Corporation and Exor.
| Investor | Description | Founded Year | Domain | Location |
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Investment management and co-investment services through global networks.
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Venture capital firm focused on multiple sectors
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Private equity advisory services are provided across multiple sectors.
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Investor details for MyTVS
Investor domains, locations, round participation, and complete history require an active premium plan.
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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.
Investment portfolio details for MyTVS
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Vehicle enhancement services are provided in Delhi, India.
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Telematics products are supplied to roadside assistance and insurance firms.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for MyTVS
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - MyTVS
Detailed financials for MyTVS
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Mytvs Comparisons
Peer comparison for MyTVS
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of MyTVS
MyTVS 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 VehicleCare, CAFU, Fixcraft, AutoBrix and Amber, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based car repair and maintenance services are delivered.
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Operates an on-demand platform for various car services.
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Online car repair and maintenance services are provided.
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An online platform for booking car wash and repair services conveniently.
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Extended warranty services are provided for Tesla electric vehicles.
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Detailed competitors of MyTVS
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Latest news on Mytvs
Complete news archive for 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 current CEO of MyTVS. They have also founded this company.
MyTVS is a funded company, having raised a total of $223.22M across 9 funding rounds to date.
As of Jan 31, 2025, the latest employee count at MyTVS is 1,292.
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, Amber and AutoBrix.
MyTVS has made 2 acquisitions, including JazzMyRide, and RedSun Telematics.
MyTVS has 30 investors. Key investors include Mahindra, Mitsubishi Corporation, Exor, TVS Eurogrip, and Castrol.
The valuation of MyTVS is $173.9M as of Feb 2021.