Tyremarket

Bengaluru, India Founded: 2015 • Age: 11 yrs
Online marketplace for buying car and bike tyre
Annual revenue - Latest available
Total funding $727,146 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Tyremarket

Tyremarket is a company based in Bengaluru (India) founded in 2015 by Rajesh Agarwal and Indu Agrawal. Tyremarket has raised $727.15 thousand across 3 funding rounds from investors including Michael Welch, Kamal Sanghi and Sunil Gupta. Tyremarket offers products and services including Tyre Buying Platform, Doorstep Delivery, and In-Shop Fitment. Tyremarket operates in a competitive market with competitors including TyresNMore, Tyrewaale, My Tyre Point, Buy Tyres India and Change MyTyre, among others.

  • Headquarter Bengaluru, India
  • Founders Rajesh Agarwal, Indu Agrawal
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $727.15 K (USD)

    in 3 rounds

  • Latest Funding Round
    $498.05 K (USD), Angel Round

    Feb 06, 2018

  • Investors

    & 5 more

  • Employee Count
    Not available
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Products & Services of Tyremarket

Tyremarket offers a comprehensive portfolio of products and services, including Tyre Buying Platform, Doorstep Delivery, and In-Shop Fitment.

Product name locked
Category locked
Primary

Online service for selecting and purchasing vehicle tyres

Product name locked
Category locked
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Service for delivering tyres to customers' locations

Product name locked
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Tyre fitting at partnered centers across India

People of Tyremarket

Headcount 50-200
Employee Profiles 3
Employee Profiles
People
Sahil Parab
Executive- Product & Content
People
Lalit Agrawal
Chief Technology Officer

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Funding Insights of Tyremarket

Tyremarket has successfully raised a total of $727.15K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $498.05 thousand completed in February 2018. 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.

Investors in Tyremarket

Tyremarket has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Michael Welch, Kamal Sanghi and Sunil Gupta.

All
Angel
Investor Description Founded Year Domain Location

Michael Welch

British entrepreneur, angel investor in India, founder of multiple ventures
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Kamal Sanghi

-
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Sunil Gupta

Angel investor, ex-Amazon leader, supports Indian startups
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Investor details for Tyremarket

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Investments & Acquisitions by Tyremarket

Investments
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Investment portfolio details for Tyremarket

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Tyremarket

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Detailed financials for Tyremarket

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  • Profit trends
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Tyremarket Comparisons

Tyremarket Primary company
Description
Online marketplace for buying car and bike tyre
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Tyremarket

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Tyremarket

Tyremarket 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 TyresNMore, Tyrewaale, My Tyre Point, Buy Tyres India and Change MyTyre, among others.

Company Name Domain Founded year HQ Location Description
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Online tyre retailer
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Online platform for buying car tyres with doorstep delivery and fitting services.
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Operates online and offline stores for multi-branded tyres in India.
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Operates an online portal for purchasing automotive tires.
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Hosts a digital marketplace for tyre sales and services.
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Detailed competitors of Tyremarket

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Latest news on Tyremarket

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Complete news archive for Tyremarket

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  • Older coverage
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Frequently Asked Questions about Tyremarket

Tyremarket was founded in 2015.

Tyremarket is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Tyremarket is a funded company, having raised a total of $727.15K across 3 funding rounds to date.

TyreMarket was founded in 2015 in Bengaluru, India, within the e-commerce sector focused on automotive parts. An online platform is provided where users search for tyres by vehicle type, model, and brand. Delivery to home or installation sites is arranged, with 10 payment required at order placement and the balance settled upon delivery or pickup. Operations center on facilitating tyre transactions for cars and bikes across India.

Tyremarket's top competitors include TyresNMore, My Tyre Point and Change MyTyre.

Tyremarket offers Tyre Buying Platform, Doorstep Delivery, and In-Shop Fitment.

Tyremarket has 6 investors. Key investors include Michael Welch, Kamal Sanghi, Sunil Gupta, Anuraag Gupta, and Rajesh Agarwal.

The valuation of Tyremarket is $847.19K as of Mar 2017.

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