About Regrip
Regrip is a company based in Gurugram (India) founded in 2021 by Tushar Suhalka and Prateek Rao. Regrip has raised $4.78 million across 8 funding rounds from investors including Hem Securities, LetsVenture and Soonicorn Ventures. The company has 1 employees. Regrip offers products and services including Retreading App, Scrap Management, and Tyre Management App. Regrip operates in a competitive market with competitors including Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres, among others.
- Headquarter Gurugram, India
- Employees 1
- Founders Tushar Suhalka, Prateek Rao
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnvironment
- Email••••••••
- Phone•••• ••••
- Website regrip.in
- Social LinkedIn X Facebook Instagram
- Legal Name Regrip India Private Limited
- Date of Incorporation 05 Jul, 2021
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹16.60 Cr
FY 2025 · +119% YoY
- Net Profit₹22.2 Lakh
FY 2025 · 1% margin
- EBITDA₹26.9 Lakh
FY 2025 · 2% margin
- Total Equity Funding$4.78M (USD)
in 8 rounds
- Latest Funding Round$1.66M (USD), Seed
Feb 2026
- InvestorsHem Securities
& 19 more
- Employee Count1
Associated legal entities of Regrip
Regrip operates through Regrip India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Regrip India Private Limited CIN U25114HR2021PTC096094 | Active | 05 Jul 2021 | Gurugram, Haryana | ₹16.6 Cr | – | 2 | View details |
Products & Services of Regrip
Regrip offers a comprehensive portfolio of products and services, including Retreading App, Scrap Management, and Tyre Management App.
App for tracking tyre retreading from pickup to delivery
Service for inspecting and categorizing scrap tyres
App for monitoring tyre lifecycle and performance
Funding Insights of Regrip
Regrip has successfully raised a total of $4.78M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.66 million completed in February 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 $4.78M
- Total Rounds 8
- Last Round Seed — $1.66M
- First Round $252,273
(Dec 2022)
- Investors Count 20
All 8 funding rounds of Regrip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $545,330 | Debt – Conventional | – | – | – |
| Feb 2026 | $1.66M | Seed | – | – | |
| Mar 2024 | $480,920 | Seed | – | – | |
| Feb 2024 | $2M | Seed | – | Soonicorn Ventures, SiriusOne | |
| Dec 2023 | $229,277 | Seed | – | O2 Angels Network | |
| Nov 2023 | $151,561 | Seed | – | – | |
| Jul 2023 | – | Angel Round | – | Suniel Shetty | – |
| Dec 2022 | $252,273 | Angel Round | $1.75M | Mahavir Sharma | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $1.75M | •••••••• |
Last known valuation $1.75M (Dec 2022). 20 investors in total: 11 institutional and 9 angel.
Investors in Regrip
Regrip has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hem Securities, LetsVenture and Soonicorn Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment platform for building investor communities and facilitating startup deals. | 2022 | soonicornventures.com | Gurugram, India | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Investments are made in early-stage tech startups across sectors. | – | ipventures.in | Gurugram, India | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Angel network facilitating startup investments and investor connections in technology and sustainability sectors. | 2021 | ivygrowth.co.in | Surat, India | |
Early-stage startups across multiple sectors are invested in by Sprint. | – | sprintvc.com | Bengaluru, India | |
Venture capital investment in tech-startups | – | firstportcapital.tcc.mode | Gurugram, India | |
Angel network focused on multiple sectors | 2021 | o2angels.net | Delhi, India | |
- | – | auxano.in | - | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India |
Investor details for Regrip
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Regrip India Private Limited (Regrip)
Regrip India Private Limited is the primary company behind Regrip. The board of Regrip India Private Limited currently have 2 directors; the longest-serving is Tushar Suhalka, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tushar Suhalka DIN 06744199 | Director | 05 Jul 2021 | 5 yrs 3 mo | Regrip India Private Limited |
| Mahavir Pratap Sharma DIN 01852846 | Director | 31 Aug 2022 | 4 yrs 1 mo | Regrip India Private Limited |
People of Regrip
3 people are tracked at Regrip (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
| Founder & CEO | Leadership | |
Prateek Rao | Co-Founder | Leadership |
Complete people profiles for Regrip
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Financials of Regrip
Figures of Regrip India Private Limited, the primary company behind Regrip, for FY 2025. Revenue was ₹16.60 Cr (+119% year on year). Net profit was ₹22.2 Lakh (1% margin). EBITDA was ₹26.9 Lakh (2% margin). Revenue has grown at a compounded annual rate of +107% over three years.
- ₹16.60 CrRevenue · FY 2025 · +119% YoY
- ₹22.2 LakhNet profit · 1% margin
- ₹26.9 LakhEBITDA · 2% margin
- ₹12.2 LakhPaid-up capital
- +107%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Regrip India Private Limited are on its company page.
Detailed financial statements for Regrip
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Regrip
4 dated milestones of Regrip across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Regrip is founded.
- Funding First funding round of $252K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.7M.
Competitors of Regrip
Regrip 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 Michelin, Bridgestone, Pirelli, Goodyear and Nokian Tyres, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| michelin.com | 1889 | Clermont Ferrand, France | – | 364 | Composites, tires, and components are manufactured for diverse industries. | |
| bridgestone.com | 1931 | Tokyo, Japan | – | 116 | Bridgestone is recognized as a global tire manufacturer. | |
| pirelli.com | 1872 | Milan, Italy | – | – | Manufacturer and supplier of tyres | |
| goodyear.com | 1898 | Akron, United States | – | 814 | Tires for vehicles and machinery are manufactured and supplied worldwide. | |
| nokiantyres.com | 1898 | Nokia, Finland | – | – | Manufacturer and supplier of tyres | |
| continental-tires.com | 1871 | Hannover, Germany | – | – | Automotive tires are manufactured and supplied worldwide by Continental Tires. | |
| jktyre.com | 1951 | Delhi, India | – | 6,275 | Manufacturer of tyres for automobiles | |
| michelinman.com | 1950 | Greenville, United States | – | 112,800 | Manufacturer and supplier of tires | |
| ceat.com | 1958 | Mumbai, India | – | 6,743 | Manufacturer of tires for passenger & commercial vehicles | |
| carlstargroup.com | 1995 | Franklin, United States | – | 1,361 | Manufacturer and supplier of tires to aftermarket |
Detailed competitors of Regrip
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.
Web traffic of Regrip
The website of Regrip (regrip.in) receives about 7.7K visits a month.
- Monthly visits7.7K
▲ 12.6% vs previous month
Latest news on Regrip
Complete news archive for Regrip
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Similar companies to Regrip
10 companies that operate in the same segment as Regrip (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
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 | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about Regrip
Regrip was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Regrip is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Tushar Suhalka is the current CEO of Regrip. They have also founded this company.
Regrip is a funded company, having raised a total of $4.78M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $252.27K, raised on Dec 2022.
Regrip has 1 employees.
The primary company behind Regrip, Regrip India Private Limited, reported revenue of ₹16.60 Cr for FY 2025, up 119% year on year.
Regrip was founded in 2021 in Gurugram, India, within the tyre management sector. Retreading processes are utilized to re-engineer tyres, with services extended to fleet owners through retread management, scrap handling, and tyre inventory applications. Real-time tracking of tyre stock is enabled, alongside transparency in scrap and casing inspections. Waste minimization and environmental impact reduction are supported via tyre material reuse.
Regrip offers Retreading App, Scrap Management, and Tyre Management App.
Regrip has 20 investors. Key investors include Hem Securities, LetsVenture, Soonicorn Ventures, IVY Growth Associates, and SiriusOne.
The valuation of Regrip is $1.75M as of Dec 2022.
Regrip operates through Regrip India Private Limited.