About TowMan
TowMan is a company based in Chennai (India) founded in 2021 by Silambarasan Ramakrishnan.. TowMan offers products and services including Bike Towing Service, Car Towing Service, Battery Jumpstart, Fuel Delivery, and Puncture Assistance. TowMan operates in a competitive market with competitors including Towfixers, Road Runner Autohub, YWE Auto Assist, Jyotiba Towing Service and All India Towing Services, among others.
- Headquarter Chennai, India
- Founders Silambarasan Ramakrishnan
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Sectors
Transportation, Automotive & Logistics
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Website
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Social
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Annual Revenue
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Products & Services of TowMan
TowMan offers a comprehensive portfolio of products and services, including Bike Towing Service, Car Towing Service, Battery Jumpstart, Fuel Delivery, and Puncture Assistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Towing service for bikes during roadside emergencies
Emergency towing for cars and four-wheelers
Service to restart dead vehicle batteries quickly
Delivery of fuel to stranded vehicles on demand
Repair or replacement for flat tires promptly
Assistance to access locked vehicles safely
Funding Insights of TowMan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 TowMan
| 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 |
Financial Statements - TowMan
| 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 |
Towman Comparisons
Competitors of TowMan
TowMan 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 Towfixers, Road Runner Autohub, YWE Auto Assist, Jyotiba Towing Service and All India Towing Services, 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 |
Delivers comprehensive roadside assistance services to users.
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| domain | founded_year | HQ Location |
Provides comprehensive online car towing services for efficient vehicle recovery.
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| domain | founded_year | HQ Location |
YWE Auto Assist India is a leading provider of emergency roadside assistance in India.
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| domain | founded_year | HQ Location |
Provides reliable vehicle towing and emergency services.
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| domain | founded_year | HQ Location |
Provides comprehensive car towing services across India.
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| domain | founded_year | HQ Location |
Provides comprehensive roadside assistance and towing services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about TowMan
When was TowMan founded?
TowMan was founded in 2021.
Where is TowMan located?
TowMan is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of TowMan?
Silambarasan Ramakrishnan is the current CEO of TowMan. They have also founded this company.
What does TowMan do?
TowMan was founded in 2021 and is headquartered in Chennai, India. Roadside assistance services, including towing, are offered 247 for bikes, cars, and commercial vehicles across the country. Operations focus on the automotive sector, ensuring support for various vehicle types in urban and rural areas. The company is led by founder and CEO Silambarasan Ramakrishnan.
Who are the top competitors of TowMan?
TowMan's top competitors include YWE Auto Assist, Road Runner Autohub and Towfixers.
What products or services does TowMan offer?
TowMan offers Bike Towing Service, Car Towing Service, Battery Jumpstart, Fuel Delivery, and 2 more products and services.