About TSUYO
TSUYO is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2020 by Tripurari Kumar, Vijay Kumar, and Lalit Baid. BDLC motors and controllers for electric three-wheelers are developed. TSUYO has raised $4.5 million across 2 funding rounds from investors including Ramkrishna Forgings and Avaana Capital. The company has 2 employees. Its chief executive, as recorded, is Vijay Kumar. Its Indian entity Tsuyo Manufacturing Private Limited reported revenue of ₹31.17 Cr. Its focus areas include Energy Tech, Electric Vehicles, Components and Motors. Its competitors include Chara, Revoh and Physics Motors; 3 of its 3 listed competitors have raised funding.
Company details
TSUYO was founded in 2020 in Delhi, India, within the electric vehicle sector. Various models of BDLC motors and compatible controllers are produced for three-wheeled vehicles, including electric rickshaws, carts, and loaders. Operations focus on multi-category applications, with customized solutions and warranties provided to support vehicle manufacturers in the region.
- Headquarters Delhi, India
- Employees 2
- Founders Tripurari Kumar, Vijay Kumar, Lalit Baid
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website tsuyo.co.in
- Social LinkedIn Facebook
- Legal Name Tsuyo Manufacturing Private Limited
- Date of Incorporation 10 Aug, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹31.17 Cr
FY 2025 · +92% YoY
- Net Profit₹7.9 Lakh
FY 2025 · 0% margin
- EBITDA₹1.68 Cr
FY 2025 · 5% margin
- Total Equity Funding$4.5M (USD)
in 2 rounds
- Latest Funding Round$4.5M (USD), Seed
Oct 2025
- InvestorsRamkrishna Forgings
& 1 more
- Employee Count2
Associated legal entities of TSUYO
TSUYO operates through Tsuyo Manufacturing 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 |
|---|---|---|---|---|---|---|---|
| Tsuyo Manufacturing Private Limited CIN U31906DL2020PTC367759 | Active | 10 Aug 2020 | Delhi, Delhi | ₹31.2 Cr | 45 | 3 | View details |
Funding Insights of TSUYO
TSUYO has successfully raised a total of $4.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.5 million completed in October 2025. 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 $4.5M
- Total Rounds 2
- Last Round Seed — $4.5M
- Investors Count 2
All 2 funding rounds of TSUYO 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 |
|---|---|---|---|---|---|
| Oct 2025 | $4.5M | Seed | – | – | |
| Dec 2022 | Seed | – | Ramkrishna Forgings | – |
2 investors in total: 2 institutional.
Investors in TSUYO
TSUYO has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Ramkrishna Forgings and Avaana Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Avaana Capital is engaged in venture capital investments for deep tech startups. | avaanacapital.com | Mumbai, India | ||
Ramkrishna Forgings is engaged in metal forming and manufacturing. | 1981 | ramkrishnaforgings.com | Kolkata, India |
Investor details for TSUYO
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Board of directors of Tsuyo Manufacturing Private Limited (TSUYO)
Tsuyo Manufacturing Private Limited is the primary company behind TSUYO. The board of Tsuyo Manufacturing Private Limited currently have 3 directors; the longest-serving is Lalit Baid, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Baid DIN 07983963 | Director | 10 Aug 2020 | 6 yrs 3 mo | Tsuyo Manufacturing Private Limited |
| Vijay Kumar DIN 07490591 | Director | 10 Aug 2020 | 6 yrs 3 mo | Tsuyo Manufacturing Private Limited |
| Tripurari Kumar DIN 09432741 | Director | 11 Dec 2021 | 4 yrs 11 mo | Tsuyo Manufacturing Private Limited |
People of TSUYO
3 people are tracked at TSUYO (3 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TSUYO
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Verified entity values are shown only after access is granted.
Financials of TSUYO
Figures of Tsuyo Manufacturing Private Limited, the primary company behind TSUYO, for FY 2025. Revenue was ₹31.17 Cr (+92% year on year). Net profit was ₹7.9 Lakh (0% margin). EBITDA was ₹1.68 Cr (5% margin). Revenue has grown at a compounded annual rate of +105% over three years.
- ₹31.17 CrRevenue · FY 2025 · +92% YoY
- ₹7.9 LakhNet profit · 0% margin
- ₹1.68 CrEBITDA · 5% margin
- ₹3 LakhPaid-up capital
- 45Employees (provident fund records)
- +105%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tsuyo Manufacturing Private Limited are on its company page.
Detailed financial statements for TSUYO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of TSUYO
3 dated milestones of TSUYO across 5 years, from founding to its latest funding, stage changes and deals.
- Founded TSUYO is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $4.5M.
Competitors of TSUYO
TSUYO has 3 listed competitors in our database, 3 of them funded. They include Chara, Revoh and Physics Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chara.co.in | 2019 | Bengaluru, India | $11.86M | 75 | Manufacturer of motors for electric vehicles | |
| revoh.in | 2017 | Chennai, India | $637,096 | 24 | End-to-end hardware and software solutions for electric vehicles are provided. | |
| physicsmotors.com | 2017 | Bengaluru, India | $3.51M | 66 | Electric vehicle drive train systems are designed and manufactured. |
Detailed competitors of TSUYO
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Web traffic of TSUYO
The website of TSUYO (tsuyo.co.in) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 10.2% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as TSUYO (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Tsuyo
Complete news archive for TSUYO
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Frequently Asked Questions about TSUYO
TSUYO was founded in 2020 and raised its 1st funding round 2 years after it was founded.
TSUYO is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Vijay Kumar is the CEO of TSUYO, as recorded in our data. They have also founded this company.
TSUYO is a funded company, having raised a total of $4.5M across 2 funding rounds to date.
TSUYO has 2 employees.
The primary company behind TSUYO, Tsuyo Manufacturing Private Limited, reported revenue of ₹31.17 Cr for FY 2025, up 92% year on year.
TSUYO was founded in 2020 in Delhi, India, within the electric vehicle sector. Various models of BDLC motors and compatible controllers are produced for three-wheeled vehicles, including electric rickshaws, carts, and loaders. Operations focus on multi-category applications, with customized solutions and warranties provided to support vehicle manufacturers in the region.
TSUYO's top competitors include Chara, Physics Motors and Revoh.
TSUYO has 2 investors. Key investors include Ramkrishna Forgings, and Avaana Capital.
TSUYO operates through Tsuyo Manufacturing Private Limited.
The legal entities of TSUYO currently have 3 directors, including Lalit Baid, Vijay Kumar, Tripurari Kumar.