About Tyre Express
Tyre Express is a company based in Mumbai (India) founded in 2015 by Dinesh Wakale, Vinit Palkar, and Brijesh Shukla. It operates as a B2B. Tyre Express has raised $195.19 thousand across 5 funding rounds from investors including VentureNursery, Tj Green Energy R&D and Rohitash Gupta. Tyre Express operates in a competitive market with competitors including WheelRight, Ruedata, BANF, Tire Guru and TyreOps, among others.
- Headquarter Mumbai, India
- Founders Dinesh Wakale, Vinit Palkar, Brijesh Shukla
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$5.3 K (USD)0as on Mar 31, 2022
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Net Profit
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EBITDA
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Total Equity Funding
$195.19 K (USD)
in 5 rounds
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Latest Funding Round
$47.58 K (USD), Seed
Feb 24, 2021
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Investors
VentureNursery
& 5 more
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Employee Count
Employee Count
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Funding Insights of Tyre Express
Tyre Express has successfully raised a total of $195.19K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $47.58 thousand completed in February 2021. 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 Total Funding
- Total Rounds 5
- Last Round Seed — $47,575
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Tyre Express | Valuation | Tj Green Energy R&D | |
| Aug, 2018 | Amount | Angel Round - Tyre Express | Valuation | Bindia Bhagat Upreti , Rohitash Gupta |
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| Apr, 2017 | Amount | Angel Round - Tyre Express | Valuation | Rohitash Gupta |
| 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 |
Investors in Tyre Express
Tyre Express has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include VentureNursery, Tj Green Energy R&D and Rohitash Gupta. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Angel network of Wharton University alumni
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Founded Year | Domain | Location | |
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Multiple sector focused accelerator program
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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 Tyre Express
| 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 - Tyre Express
| 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 |
Tyre Express Comparisons
Competitors of Tyre Express
Tyre Express 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 WheelRight, Ruedata, BANF, Tire Guru and TyreOps, 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 |
Vehicle tire pressures are measured via road-mounted sensor plates.
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| domain | founded_year | HQ Location |
AI-driven data analytics for automotive tire management is provided.
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| domain | founded_year | HQ Location |
Develops sensors for monitoring tire health, road conditions, and vehicle safety.
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| domain | founded_year | HQ Location |
Offers software and tools for tire shops to manage operations, inventory, and customer communications.
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| domain | founded_year | HQ Location |
Offers SaaS-driven management software for automotive tire businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Tyre Express
Frequently Asked Questions about Tyre Express
When was Tyre Express founded?
Tyre Express was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tyre Express located?
Tyre Express is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Tyre Express a funded company?
Tyre Express is a funded company, having raised a total of $195.19K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $112.02K, raised on Feb 24, 2016.
What is the annual revenue of Tyre Express?
Annual revenue of Tyre Express is $5.3K as on Mar 31, 2022.
What does Tyre Express do?
Tyre Express offers an iot-based platform for tire performance measurement and tracking in commercial fleets, focusing on leveraging cutting-edge technology, iot, managing fleet operations, and tire monitoring. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of Tyre Express?
Tyre Express's top competitors include Ruedata, WheelRight and TireCheck.
Who are Tyre Express's investors?
Tyre Express has 6 investors. Key investors include VentureNursery, Tj Green Energy R&D, Rohitash Gupta, Bindia Bhagat Upreti, and IIT Delhi.
What is Tyre Express's valuation?
The valuation of Tyre Express is $863.27K as of Feb 2021.