About TVS Automobile Solutions
TVS Automobile Solutions is a Transportation, Automotive & Logistics company based in Madurai (India) founded in 2009. Passenger cars, trucks, and buses are manufactured in India. TVS Automobile Solutions has raised $44.12 million across 2 funding rounds from investors including Mahindra and Crescent Enterprises. The company has 127 employees. TVS Automobile Solutions has completed 2 acquisitions, including GoBumpr and Mahindra First Choice Services. Its chief executive, as recorded, is Sanjay Nigam. Its Indian entity Tvs Automobile Solutions Private Limited reported revenue of ₹902 Cr. Its focus areas include Auto, Auto Brands and Multi Category. Its competitors include Mahindra, Eicher Motors and Motovolt; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Madurai, India
- Employees 127
- SectorsTransportation, Automotive & Logistics
- Website tvsautomobilesolutions.com
- Social LinkedIn
- Legal Name Tvs Automobile Solutions Private Limited
- Date of Incorporation 24 Apr, 2009
- Jurisdiction Madurai, Tamil Nadu, India
Associated legal entities of TVS Automobile Solutions
TVS Automobile Solutions operates through Tvs Automobile Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tvs Automobile Solutions Private Limited CIN U34100TN2009PTC071439 | Active | 24 Apr 2009 | Madurai, Tamil Nadu | ₹902 Cr | 1,257 | 14 | View details |
Funding Insights of TVS Automobile Solutions
TVS Automobile Solutions has successfully raised a total of $44.12M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $44.12 million completed in October 2026. 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 $44.12M
- Total Rounds 2
- Last Round Series D — $44.12M
- Investors Count 2
All 2 funding rounds of TVS Automobile Solutions 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 2026 | $44.12M | Series D | – | – | |
| Nov 2020 | Seed | – | Mahindra | – |
2 investors in total: 2 institutional.
Investors in TVS Automobile Solutions
TVS Automobile Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mahindra and Crescent Enterprises.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified operations span automotive, agriculture, and financial services. | 1945 | mahindra.com | Mumbai, India | |
| crescententerprises.com |
Investor details for TVS Automobile Solutions
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Board of directors of Tvs Automobile Solutions Private Limited (TVS Automobile Solutions)
Tvs Automobile Solutions Private Limited is the primary company behind TVS Automobile Solutions. The board of Tvs Automobile Solutions Private Limited currently have 12 directors; the longest-serving is Ramachandhran Dinesh, appointed in 2010. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramachandhran Dinesh DIN 00363300 | Director | 12 Nov 2010 | 15 yrs 11 mo | Tvs Automobile Solutions Private Limited |
| Sachin Nithyanand Kamath DIN 01592593 | Director | 12 Jan 2011 | 15 yrs 9 mo | Tvs Automobile Solutions Private Limited |
| Aroon Raman DIN 00201205 | Director | 13 Jun 2011 | 15 yrs 4 mo | Tvs Automobile Solutions Private Limited |
| Muthuswami Lakshminarayan DIN 00064750 | Director | 11 Jul 2012 | 14 yrs 3 mo | Tvs Automobile Solutions Private Limited |
| Srinivasa Raghavan Gopalan DIN 06683396 | Whole-time director | 03 Feb 2014 | 12 yrs 8 mo | Tvs Automobile Solutions Private Limited |
| Shobhana Ramachandhran DIN 00273837 | Director | 20 Jun 2016 | 10 yrs 4 mo | Tvs Automobile Solutions Private Limited |
| Yutaka Yoshida DIN 08516640 | Director | 02 Sep 2023 | 3 yrs 2 mo | Tvs Automobile Solutions Private Limited |
| Kenji Nakatani DIN 10701217 | Director | 01 Aug 2024 | 2 yrs 3 mo | Tvs Automobile Solutions Private Limited |
| Gael Escribe DIN 09218085 | Director | 28 Nov 2024 | 1 yr 11 mo | Tvs Automobile Solutions Private Limited |
| Ashish Kaushik DIN 09289238 | Director | 28 Nov 2024 | 1 yr 11 mo | Tvs Automobile Solutions Private Limited |
| Takehiro Fujioka DIN 05358386 | Director | 23 Aug 2025 | 1 yr 2 mo | Tvs Automobile Solutions Private Limited |
| Saugata Basuray DIN 09522239 | Additional Director | 01 Jan 2026 | 10 mo | Tvs Automobile Solutions Private Limited |
People of TVS Automobile Solutions
1 people are tracked at TVS Automobile Solutions (1 in leadership); the tracked headcount is 127.
| Name | Role | Group |
|---|---|---|
Sanjay Nigam | CEO | Leadership |
Complete people profiles for TVS Automobile Solutions
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Financials of TVS Automobile Solutions
Figures of Tvs Automobile Solutions Private Limited, the primary company behind TVS Automobile Solutions, for FY 2024. Revenue was ₹902 Cr (-10% year on year). Net loss was -₹139 Cr (-8% margin). EBITDA was -₹27.54 Cr (-2% margin). Revenue has grown at a compounded annual rate of +15% over three years and +11% over five years.
- ₹902 CrRevenue · FY 2024 · -10% YoY
- -₹139 CrNet loss · -8% margin
- -₹27.54 CrEBITDA · -2% margin
- ₹17.13 CrPaid-up capital
- 1,257Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tvs Automobile Solutions Private Limited are on its company page.
Detailed financial statements for TVS Automobile Solutions
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based garage aggregation for auto repair and maintenance is offered. | gobumpr.com | Chennai, India | 2015 | Jun 2021 | •••• | |
Repair and maintenance services for cars are provided nationwide. | mahindrafirstchoiceservices.com | Mumbai, India | 2008 | Nov 2020 | $2.91M |
Complete acquisition details for TVS Automobile Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of TVS Automobile Solutions
5 dated milestones of TVS Automobile Solutions across 17 years, from founding to its latest funding, stage changes and deals.
- Founded TVS Automobile Solutions is founded.
- Funding First funding round.
- Acquisition Acquires Mahindra First Choice Services.
- Acquisition Acquires GoBumpr.
- Funding Latest funding round, Series D, of $44.1M.
Competitors of TVS Automobile Solutions
TVS Automobile Solutions has 3 listed competitors in our database, 1 of them funded. They include Mahindra, Eicher Motors and Motovolt.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mahindra.com | 1945 | Mumbai, India | 3,779 | Diversified operations span automotive, agriculture, and financial services. | ||
| eicher.in | 1948 | Gurugram, India | 5,101 | Commercial vehicles and two-wheelers are manufactured by Eicher Motors. | ||
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. |
Detailed competitors of TVS Automobile Solutions
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as TVS Automobile Solutions (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Tvs Automobile Solutions
Complete news archive for TVS Automobile Solutions
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Frequently Asked Questions about TVS Automobile Solutions
TVS Automobile Solutions was founded in 2009 and raised its 1st funding round 11 years after it was founded.
TVS Automobile Solutions is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.
Sanjay Nigam is the CEO of TVS Automobile Solutions, as recorded in our data.
TVS Automobile Solutions is a funded company, having raised a total of $44.12M across 2 funding rounds to date.
TVS Automobile Solutions has 127 employees.
The primary company behind TVS Automobile Solutions, Tvs Automobile Solutions Private Limited, reported revenue of ₹902 Cr for FY 2024, down 10% year on year.
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.
TVS Automobile Solutions's top competitors include Mahindra, Eicher Motors and Motovolt.
TVS Automobile Solutions has made 2 acquisitions, including GoBumpr, and Mahindra First Choice Services.
TVS Automobile Solutions has 2 investors. Key investors include Mahindra, and Crescent Enterprises.
TVS Automobile Solutions operates through Tvs Automobile Solutions Private Limited.
The legal entities of TVS Automobile Solutions currently have 14 directors, including Srinivasa Raghavan Gopalan, Muthuswami Lakshminarayan, Takehiro Fujioka and others.