About tmw
tmw is a company based in Mumbai (India) founded in 2015. It operates as a B2C. tmw has raised $5 million across 1 funding round. The company has 43 employees as of March 31, 2023. tmw has completed 1 acquisition, including Trupay. tmw operates in a competitive market with competitors including PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, among others.
- Headquarter Mumbai, India
- Employees 43 as on 31 Mar, 2023
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Tmw Fintech Private Limited
- Date of Incorporation 30 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$709.87 (USD)40.57as on Mar 31, 2023
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Net Profit
$-13.88 K (USD)45.64as on Mar 31, 2023
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EBITDA
$-14.55 K (USD)44.02as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Mar 23, 2016
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Investors
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Employee Count
43
as on Mar 31, 2023
- Investments & Acquisitions
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Funding Insights of tmw
tmw has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in March 2016. 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 1
- Last Round Seed — $5.0M
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First Round
First Round
(23 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - tmw | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by tmw
tmw has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trupay. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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UPI-based POS payment solutions are offered to merchants for transactions.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - tmw
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tmw Comparisons
Competitors of tmw
tmw 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 PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, 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 |
Payment, financial, investment, and lending services are provided digitally.
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| domain | founded_year | HQ Location |
Operator of platform for online mobile, DTH recharge, and bill payments
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| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Digital wallet services for bill payments and recharges are facilitated.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Wallet-based payment solutions are provided for consumers and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tmw
Frequently Asked Questions about tmw
When was tmw founded?
tmw was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is tmw located?
tmw is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is tmw a funded company?
tmw is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Mar 23, 2016.
How many employees does tmw have?
As of Mar 31, 2023, the latest employee count at tmw is 43.
What is the annual revenue of tmw?
Annual revenue of tmw is $709.87 as on Mar 31, 2023.
What does tmw do?
tmw operates with a B2C model, focusing on offering financial products and advice, fintech, digital payments, and mobile wallets. TMW is an app-based digital wallet providing secure payment solutions for individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
How many acquisitions has tmw made?
tmw has made 1 acquisition, including Trupay.
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