About TVS Automobile Solutions
TVS Automobile Solutions is a company based in Madurai (India) founded in 2009.. The company has 127 employees as of March 21, 2024. TVS Automobile Solutions has completed 2 acquisitions, including GoBumpr and Mahindra First Choice Services. TVS Automobile Solutions operates in a competitive market with competitors including Mahindra, Ford, Eicher Motors, Motovolt and Tata Motors, among others.
- Headquarter Madurai, India
- Employees 127 as on 21 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Tvs Automobile Solutions Private Limited
- Date of Incorporation 24 Apr, 2009
- Jurisdiction Madurai, Tamil Nadu, India
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Funding Insights of TVS Automobile Solutions
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2020 | Amount | Seed - TVS Automobile Solutions | Valuation | Mahindra |
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| 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 TVS Automobile Solutions
TVS Automobile Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mahindra. 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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Diversified operations span automotive, agriculture, and financial services.
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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 TVS Automobile Solutions
TVS Automobile Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GoBumpr and Mahindra First Choice Services. 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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App-based garage aggregation for auto repair and maintenance is offered.
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2015 | ||||
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Repair and maintenance services for cars are provided nationwide.
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2008 |
| 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 - TVS Automobile Solutions
| 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 |
Tvs Automobile Solutions Comparisons
Competitors of TVS Automobile Solutions
TVS Automobile Solutions 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 Mahindra, Ford, Eicher Motors, Motovolt and Tata Motors, 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 |
Diversified operations span automotive, agriculture, and financial services.
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| domain | founded_year | HQ Location |
Automobiles and commercial vehicles are manufactured by Ford.
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| domain | founded_year | HQ Location |
Commercial vehicles and two-wheelers are manufactured by Eicher Motors.
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| domain | founded_year | HQ Location |
Electric bicycles with advanced features are developed by Motovolt.
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| domain | founded_year | HQ Location |
Cars, trucks, buses, and electric vehicles are manufactured.
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| domain | founded_year | HQ Location |
Bikes, mopeds, and three-wheelers are manufactured as core products.
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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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Latest news on Tvs Automobile Solutions
Frequently Asked Questions about TVS Automobile Solutions
When was TVS Automobile Solutions founded?
TVS Automobile Solutions was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is TVS Automobile Solutions located?
TVS Automobile Solutions is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.
Who is the current CEO of TVS Automobile Solutions?
Sanjay Nigam is the current CEO of TVS Automobile Solutions.
How many employees does TVS Automobile Solutions have?
As of Mar 21, 2024, the latest employee count at TVS Automobile Solutions is 127.
What is the annual revenue of TVS Automobile Solutions?
Annual revenue of TVS Automobile Solutions is $190.88M as on Mar 31, 2022.
What does TVS Automobile Solutions do?
TVS Automobile Solutions was established in 2009 in Madurai, India, within the automobile sector. Passenger cars, trucks, and buses are produced as core operations. Manufacturing activities are centered in the region, with focus on vehicle assembly and distribution. The company is led by CEO Sanjay Nigam, overseeing production and market presence in domestic and potential export areas. Domain operations are managed via tvsautomobilesolutions.com.
Who are the top competitors of TVS Automobile Solutions?
TVS Automobile Solutions's top competitors include Mahindra, Tata Motors and Ford.
How many acquisitions has TVS Automobile Solutions made?
TVS Automobile Solutions has made 2 acquisitions, including GoBumpr, and Mahindra First Choice Services.
Who are TVS Automobile Solutions's investors?
TVS Automobile Solutions has 1 investor. Key investors include Mahindra.