About Three Wheels United
Three Wheels United is a company based in Bengaluru (India) founded in 2010 by Cedrick Tandong. Three Wheels United has raised $10.12 million across 3 funding rounds from investors including Grip Invest, Delta Corp and Techstars. Three Wheels United offers products and services including 2 Wheeler Loan and 3 Wheeler Loan. Three Wheels United operates in a competitive market with competitors including Turno, VidyutTech, Ohm Mobility and GoMylz Mobility, among others.
- Headquarter Bengaluru, India
- Founders Cedrick Tandong
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Sectors
Transportation, Automotive & LogisticsFinancial 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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- Legal Name Three Wheels Capital Pvt Ltd
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$690.59 K (USD)18.58as on Mar 31, 2024
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Net Profit
-$358.29 K (USD)9.26as on Mar 31, 2024
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EBITDA
-$216.35 K (USD)22.32as on Mar 31, 2024
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Total Equity Funding
$10.12 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
May 25, 2022
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Investors
Grip Invest
& 3 more
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Employee Count
Not available
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Products & Services of Three Wheels United
Three Wheels United offers a comprehensive portfolio of products and services, including 2 Wheeler Loan and 3 Wheeler Loan.
Loan for electric two-wheeler vehicles with up to 100% funding.
Loan for electric three-wheeler vehicles with flexible repayment terms.
People of Three Wheels United
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Funding Insights of Three Wheels United
Three Wheels United has successfully raised a total of $10.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in May 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 Three Wheels United
Three Wheels United has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Grip Invest, Delta Corp and Techstars.
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Early-stage UAE tech startups are invested in by GINCO Investments.
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Gaming & hospitality firm
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Investor details for Three Wheels United
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Investments & Acquisitions by Three Wheels United
Investment portfolio details for Three Wheels United
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Financial Statements - Three Wheels United
Detailed financials for Three Wheels United
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Three Wheels United Comparisons
Peer comparison for Three Wheels United
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Competitors of Three Wheels United
Three Wheels United 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 Turno, VidyutTech, Ohm Mobility and GoMylz Mobility, among others.
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Commercial electric vehicles are offered through an online marketplace.
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Electric vehicle financing and ownership platform is offered.
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A platform for financing electric vehicles is provided to users.
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Serves as an online platform for financing electric vehicles, simplifying access for consumers.
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Detailed competitors of Three Wheels United
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Latest news on Three Wheels United
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Frequently Asked Questions about Three Wheels United
Three Wheels United was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Three Wheels United is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cedrick Tandong is the current CEO of Three Wheels United. They have also founded this company.
Three Wheels United is a funded company, having raised a total of $10.12M across 3 funding rounds to date.
Annual revenue of Three Wheels United is $690.59K as on Mar 31, 2024.
Founded in 2010 in Bengaluru, India, Three Wheels United operates in the electric vehicle financing sector. Access to electric two-wheelers and three-wheelers is facilitated through lending partnerships for low-income individuals. An app is provided for loan management and service connections. Financial literacy workshops and support networks are also offered to assist clients in their financial processes.
Three Wheels United's top competitors include VidyutTech, Turno and Ohm Mobility.
Three Wheels United offers 2 Wheeler Loan and 3 Wheeler Loan.
Three Wheels United has 4 investors. Key investors include Grip Invest, Delta Corp, Techstars, and GINCO Investments.