About Popular Vehicles & Services
Popular Vehicles & Services is a company based in Kochi (India) founded in 1983.. Popular Vehicles & Services has raised $14 million across 2 funding rounds from investors including BanyanTree Finance. The company has 5,530 employees as of March 31, 2024. Popular Vehicles & Services operates in a competitive market with competitors including CarDekho, CarWale, Droom, Pendragon and COYOTE, among others.
- Headquarter Kochi, India
- Employees 5530 as on 31 Mar, 2024
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Popular Vehicles And Services Limited
-
Annual Revenue
$633.12 M (USD)-3.68as on Mar 31, 2025
-
Net Profit
$-1.22 M (USD)-113.75as on Mar 31, 2025
-
EBITDA
$3.75 M (USD)-87.58as on Mar 31, 2025
-
Total Equity Funding
$14 M (USD)
in 2 rounds
-
Latest Funding Round
$4 M (USD), Private Equity Round
May 03, 2017
- Investors
-
Employee Count
5530
as on Mar 31, 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
IPO & Listings of Popular Vehicles & Services
Popular Vehicles & Services is a publicly listed company on the NSE with ticker symbol PVSL in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Popular Vehicles & Services
Popular Vehicles & Services has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $4 million completed in May 2017. 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 2
- Last Round Private Equity Round — $4.0M
-
First Round
First Round
(31 Dec 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Private Equity Round - Popular Vehicles & Services | Valuation | BanyanTree Finance |
|
| Dec, 2015 | Amount | Private Equity Round - Popular Vehicles & Services | Valuation | BanyanTree Finance |
|
| 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 Popular Vehicles & Services
Popular Vehicles & Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BanyanTree Finance. 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 |
|---|---|---|---|---|
|
Investment firm engaging in diverse sector partnerships in India.
|
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 Popular Vehicles & Services
| 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 - Popular Vehicles Services
| 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 |
Popular Vehicles & Services Comparisons
Competitors of Popular Vehicles & Services
Popular Vehicles & Services 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 CarDekho, CarWale, Droom, Pendragon and COYOTE, 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 |
Retailer of new automobiles, used vehicles, and related automotive news
|
|
| domain | founded_year | HQ Location |
Second-hand cars are listed online to connect buyers and sellers.
|
|
| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
|
|
| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
|
|
| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking
|
| 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 Popular Vehicles & Services
Frequently Asked Questions about Popular Vehicles & Services
When was Popular Vehicles & Services founded?
Popular Vehicles & Services was founded in 1983 and raised its 1st funding round 32 years after it was founded.
Where is Popular Vehicles & Services located?
Popular Vehicles & Services is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Is Popular Vehicles & Services a funded company?
Popular Vehicles & Services is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Dec 31, 2015.
How many employees does Popular Vehicles & Services have?
As of Mar 31, 2024, the latest employee count at Popular Vehicles & Services is 5,530.
What is the annual revenue of Popular Vehicles & Services?
Annual revenue of Popular Vehicles & Services is $633.12M as on Mar 31, 2025.
What does Popular Vehicles & Services do?
The company was founded in 1983 in Kochi, India, and operates as a car dealership group in the automotive sector. New and pre-owned vehicles are sold through its network. Additional services provided include maintenance and repair work, financing options, driving school programs, and supply of spare parts and accessories. Operations are centered in the Indian market.
Who are the top competitors of Popular Vehicles & Services?
Is Popular Vehicles & Services publicly traded?
Yes, Popular Vehicles & Services is publicly traded on NSE under the ticker symbol PVSL.
Who are Popular Vehicles & Services's investors?
Popular Vehicles & Services has 1 investor. Key investors include BanyanTree Finance.
What is Popular Vehicles & Services's ticker symbol?
The ticker symbol of Popular Vehicles & Services is PVSL on NSE.
What is Popular Vehicles & Services's valuation?
The valuation of Popular Vehicles & Services is $20M as of May 2017.