About myTVS
myTVS is a Transportation, Automotive & Logistics company based in Panchkula (India) founded in 2011 by Mukesh Dhingra and Sunil Dhingra. It operates as an automotive parts and accessories are retailed by myTVS. myTVS has raised $84.54 million across 3 funding rounds from investors including Exor and Castrol. The company has 29 employees. Its chief executive is Sunil Dhingra. Its website mytvs.com draws about 69 thousand monthly visits. Its Indian entity Storeji Private Limited reported revenue of ₹54.45 Cr. Its focus areas include Auto, Auto Retail & Aftersales, Parts & Accessories and B2C. Its competitors include Autodukan, GrandPitstop, MyAutozone, AutoPortal and Popular auto battery center and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
myTVS was founded in 2011 in Panchkula, India, as a retailer in the automotive sector. Operations are centered on the distribution of parts and accessories through the domain mytvs.com. The company was co-founded by Mukesh Dhingra and Sunil Dhingra, with the latter designated as CEO. Various components are supplied to support vehicle maintenance needs in the Indian market.
- Headquarters Panchkula, India
- Employees 29
- Founders Mukesh Dhingra, Sunil Dhingra
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website mytvs.com
- Social Facebook
- Legal Name Storeji Private Limited
- Date of Incorporation 03 Jan, 2014
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹54.45 Cr
FY 2023 · +70% YoY
- Net Profit₹1.15 Cr
FY 2023 · 2% margin
- EBITDA₹2.18 Cr
FY 2023 · 4% margin
- Total Equity Funding$84.54M (USD)
in 3 rounds
- Latest Funding Round$24.6M (USD), Series C
Dec 2022
- InvestorsExor
& 1 more
- Employee Count29
Associated legal entities of myTVS
myTVS operates through Storeji Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Storeji Private Limited CIN U72300TN2014PTC170055 | Amalgamated | 03 Jan 2014 | Chennai, Tamil Nadu | ₹54.4 Cr | 29 | 3 | View details |
Apps and channels of myTVS
myTVS publishes 1 mobile app with over 100K+ downloads.
Funding Insights of myTVS
myTVS has successfully raised a total of $84.54M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $24.6 million completed in December 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.
- Total Funding $84.54M
- Total Rounds 3
- Last Round Series C — $24.6M
- Investors Count 2
All 3 funding rounds of myTVS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in myTVS
myTVS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Exor and Castrol.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on health insurance companies and operates multiple industries | 1927 | exor.com | Amsterdam, Netherlands | |
Engine oils, fuels, and lubricants are produced by Castrol. | 1899 | castrol.com | London, United Kingdom |
Investor details for myTVS
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Board of directors of Storeji Private Limited (myTVS)
Storeji Private Limited is the primary company behind myTVS. The board of Storeji Private Limited currently have 3 directors; the longest-serving is Sunil Dhingra, appointed in 2014. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Dhingra DIN 06590223 | Director | 03 Jan 2014 | 12 yrs 9 mo | Storeji Private Limited |
| Sathyanarayan Achutha Rowvey DIN 10132293 | Director | 27 Apr 2023 | 3 yrs 5 mo | Storeji Private Limited |
| Tharuvai Ramasubramanian Srinivasan DIN 08004648 | Director | 27 Apr 2023 | 3 yrs 5 mo | Storeji Private Limited |
People of myTVS
2 people are tracked at myTVS (2 in leadership); the tracked headcount is 29.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for myTVS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of myTVS
Figures of Storeji Private Limited, the primary company behind myTVS, for FY 2023. Revenue was ₹54.45 Cr (+70% year on year). Net profit was ₹1.15 Cr (2% margin). EBITDA was ₹2.18 Cr (4% margin). Revenue has grown at a compounded annual rate of +10% over three years and +15% over five years.
- ₹54.45 CrRevenue · FY 2023 · +70% YoY
- ₹1.15 CrNet profit · 2% margin
- ₹2.18 CrEBITDA · 4% margin
- ₹15.4 LakhPaid-up capital
- 29Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Storeji Private Limited are on its company page.
Detailed financial statements for myTVS
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.
Timeline of myTVS
3 dated milestones of myTVS across 11 years, from founding to its latest funding, stage changes and deals.
- Founded myTVS is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $24.6M.
Competitors of myTVS
myTVS has 8 listed competitors in our database, 2 of them funded. They include Autodukan, GrandPitstop, MyAutozone, AutoPortal and Popular auto battery center, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autodukan.com | 2017 | Pune, India | $1M | 41 | Car washing, battery, and windshield cleaning products are provided. | |
| grandpitstop.com | 2015 | Delhi, India | $785,068 | 1 | Aftermarket automotive parts and accessories are dealt online by GrandPitstop. | |
| myautozone.in | 2013 | Delhi, India | – | 12 | Online platform selling automotive accessories with easy returns and delivery. | |
| autoportal.com | 2013 | Gurugram, India | – | 6 | Automobile news, research, comparisons, and second-hand car listings are provided. | |
| popularautobatterycenter.co.in | 2024 | Ahmedabad, India | – | 448 | Manages an e-commerce store specializing in automotive spare parts. | |
| mechdeals.com | 2019 | Indore, India | – | – | Functions as an app-based retailer of auto parts and accessories. | |
| smartpartsexports.com | 2017 | Delhi, India | – | 330 | Exports genuine and aftermarket automotive spare parts for vehicles worldwide from India. | |
| justsigns.co.in | 2014 | Bengaluru, India | – | – | Distributes 3M car wraps, PPF, and window films for vehicle and building customization. |
Detailed competitors of myTVS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of myTVS
The website of myTVS (mytvs.com) receives about 69.1K visits a month.
- Monthly visits69.1K
▲ 42.2% vs previous month
Websites whose visitors overlap most with myTVS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shop4hella.com | 100% | 35.4K | #661,006 | View details | |
| hotcarshop.in | 92% | 16.5K | #1,486,535 | View details | |
| motorhunk.com | 92% | 62.3K | #561,768 | View details | |
motulindia.com | motulindia.com | 81% | – | #364,495 | – |
| autofurnish.com | 78% | 75.4K | #477,296 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for myTVS
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as myTVS (Automotive Retail & Aftersales), 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 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
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 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Related news about Mytvs
Complete news archive for myTVS
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Frequently Asked Questions about myTVS
myTVS was founded in 2011 and raised its 1st funding round 10 years after it was founded.
myTVS is headquartered in Panchkula, India. It is registered at Panchkula, Haryana, India.
Sunil Dhingra is the current CEO of myTVS. They have also founded this company.
myTVS is a funded company, having raised a total of $84.54M across 3 funding rounds to date.
myTVS has 29 employees.
The primary company behind myTVS, Storeji Private Limited, reported revenue of ₹54.45 Cr for FY 2023, up 70% year on year.
myTVS was founded in 2011 in Panchkula, India, as a retailer in the automotive sector. Operations are centered on the distribution of parts and accessories through the domain mytvs.com. The company was co-founded by Mukesh Dhingra and Sunil Dhingra, with the latter designated as CEO. Various components are supplied to support vehicle maintenance needs in the Indian market.
myTVS's top competitors include Autodukan, AutoPortal and GrandPitstop.
myTVS operates through Storeji Private Limited.
The legal entities of myTVS currently have 3 directors, including Sathyanarayan Achutha Rowvey, Sunil Dhingra, Tharuvai Ramasubramanian Srinivasan.
Yes. myTVS publishes myTVS Parts & Accessories, with over 100,000 downloads.