About Tusker Cars
Tusker Cars is a company based in Watford (United Kingdom) founded in 2000 was acquired by Lloyds Banking Group in February 2023.. Tusker Cars offers products and services including Salary Sacrifice Car Scheme and EV Hub. Tusker Cars operates in a competitive market with competitors including The Automobile Association, ClickMechanic, Fixter, Autoglass and Innovative Repair Group, among others.
- Headquarter Watford, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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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 Tuskerdirect Limited
- Date of Incorporation 25 Oct, 1999
- Jurisdiction WATFORD, HERTFORDSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Lloyds Banking Group
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Tusker Cars
Tusker Cars offers a comprehensive portfolio of products and services, including Salary Sacrifice Car Scheme and EV Hub. 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.
Enables access to new cars via salary deductions with full maintenance.
Provides tools for EV charging and mileage comparisons.
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Software Development Team
13 people
Product Management Team
12 people
Sales and Marketing
12 people
Leadership Team
9 people
Legal and Compliance
4 people
Operations Team
3 people
Data Analysis and Operations Team
2 people
Head Team
2 people
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Funding Insights of Tusker Cars
| 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 |
Investors in Tusker Cars
Tusker Cars has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Lloyds Banking Group and ECI Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Commercial banking and insurance services are offered to clients worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tusker Cars
| 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 - Tusker Cars
| 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 |
Tusker Cars Comparisons
Competitors of Tusker Cars
Tusker Cars 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 The Automobile Association, ClickMechanic, Fixter, Autoglass and Innovative Repair Group, 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 |
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| domain | founded_year | HQ Location |
Breakdown cover, insurance, lessons, loans, and motoring advice are provided.
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| domain | founded_year | HQ Location |
Online garage aggregator for vehicle repair & maintenance services
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| domain | founded_year | HQ Location |
Car maintenance services are facilitated via an online marketplace platform.
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| domain | founded_year | HQ Location |
On-demand vehicle glass repair and maintenance services are delivered online.
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| domain | founded_year | HQ Location |
Provider of automotive vehicle repair and maintenance services
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| domain | founded_year | HQ Location |
Provider of repair 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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tusker Cars
Frequently Asked Questions about Tusker Cars
When was Tusker Cars founded?
Tusker Cars was founded in 2000.
Where is Tusker Cars located?
Tusker Cars is headquartered in Watford, United Kingdom. It is registered at Watford, Hertfordshire, United Kingdom.
Who is the current CEO of Tusker Cars?
Paul Gilshan is the current CEO of Tusker Cars.
What does Tusker Cars do?
Tusker was founded in 2000 and is based in Watford, United Kingdom. Operations focus on the automotive sector, where maintenance services for traditional vehicles and charging solutions for electric cars are delivered. These services support vehicle upkeep and infrastructure needs across the region, with leadership provided by CEO Paul Gilshan. The company maintains a domain at tuskercars.com for its activities.
Who are the top competitors of Tusker Cars?
Tusker Cars's top competitors include The Automobile Association, Fixter and Autoglass.
What products or services does Tusker Cars offer?
Tusker Cars offers Salary Sacrifice Car Scheme and EV Hub.
Who are Tusker Cars's investors?
Tusker Cars has 2 investors. Key investors include Lloyds Banking Group, and ECI Partners.
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