About TyrePlex
TyrePlex is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2020 by Nikhil Kalra, Jiveshwar Sharma, Puneet Bhaskar, Rupendra Pratap Singh, and Sunish Kumar. B2B marketplace for tyre dealers. It operates in the Transportation, Automotive & Logistics and Retail sectors. TyrePlex has raised $6.1 million across 5 funding rounds from investors including Angel List, Lunchbox and Wellfound. The company has 43 employees. TyrePlex was last valued at $12.25 million in March 2025. Its chief executive, as recorded, is Puneet Bhaskar. Its website tyreplex.com draws about 89 thousand monthly visits. Its Indian entity Tyreplex Technologies And Commerce Private Limited reported revenue of ₹44.92 Cr. TyrePlex offers products and services including Car Tyres, Bike Tyres, Scooter Tyres, and Commercial Tyres. Its focus areas include B2B E-Commerce, Automotive, Parts and Marketplace. Its competitors include Koovers, Garaaz and Autoverse; 3 of its 3 listed competitors have raised funding.
Company details
TyrePlex was founded in 2020 in Gurugram, India, within the automotive sector. A platform is provided for tyre dealers to search tyres by vehicle type, size, and brand, access tire pressure details, and locate nearby dealers. Procurement of tyres, inventory management, customer invoicing, online store setup, and operations are enabled. Accessories including batteries and alloy wheels are offered through the website.
- Headquarters Gurugram, India
- Employees 43
- Founders Nikhil Kalra, Jiveshwar Sharma, Puneet Bhaskar, Rupendra Pratap Singh, Sunish Kumar
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsRetail
- Website category Vehicles · Automotive Industry
- Email••••••••
- Phone•••• ••••
- Website tyreplex.com
- Social LinkedIn X Facebook
- Legal Name Tyreplex Technologies And Commerce Private Limited
- Date of Incorporation 02 Mar, 2020
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹44.92 Cr
FY 2024 · +100% YoY
- Net Loss-₹10.99 Cr
FY 2024 · -24% margin
- EBITDA-₹10.98 Cr
FY 2024 · -24% margin
- Total Equity Funding$6.1M (USD)
in 5 rounds
- Latest Funding Round$1.9M (USD), Seed
Mar 2025
- InvestorsAngel List
& 34 more
- Employee Count43
Associated legal entities of TyrePlex
TyrePlex operates through Tyreplex Technologies And Commerce 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 |
|---|---|---|---|---|---|---|---|
| Tyreplex Technologies And Commerce Private Limited CIN U72900DL2020PTC362468 | Active | 02 Mar 2020 | New Delhi, Delhi | ₹44.9 Cr | 43 | 2 | View details |
Products & Services of TyrePlex
TyrePlex offers a comprehensive portfolio of products and services, including Car Tyres, Bike Tyres, Scooter Tyres, and Commercial Tyres.
Tyres for cars available for online purchase and comparison.
Tyres for bikes and motorcycles offered online.
Tyres for scooters with size and brand options.
Tyres for commercial vehicles for bulk ordering.
Funding Insights of TyrePlex
TyrePlex has successfully raised a total of $6.1M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.9 million completed in March 2025. 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 $6.1M
- Total Rounds 5
- Last Round Seed — $1.9M
- First Round $100,370
(Jul 2020)
- Investors Count 35
All 5 funding rounds of TyrePlex 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 |
|---|---|---|---|---|---|
| Mar 2025 | $1.9M | Seed | $12.25M | PeerCapital | |
| Dec 2024 | $2.31M | Seed | – | PeerCapital, Sattva Group | |
| Apr 2022 | $1.56M | Seed | $9.74M | ADvantage VC, 100Unicorns | |
| Jun 2021 | $227,584 | Seed | $••••• | AdvantEdge | |
| Jul 2020 | $100,370 | Seed | $••••• | Rayosol | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2025 | $12.25M | •••••••• |
| Apr 2022 | $9.74M | •••••••• |
| Jun 2021 | $••••• | •••••••• |
Full valuation and stage history of TyrePlex
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $12.25M (Mar 2025). 35 investors in total: 21 institutional and 14 angel.
Investors in TyrePlex
TyrePlex has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Lunchbox and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in seed to Series A startups across FinTech, Health-Tech, and other tech sectors, based in India. | 2022 | peercapital.in | Bengaluru, India | |
Investments are made in early-stage companies by Titan Capital. | titancapital.vc | Gurugram, India | ||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital fund focused on sports tech startups | 2018 | advantage.vc | Jerusalem, Israel | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage startups are funded by the Luckbox venture capital fund. | luckbox.vc | Bengaluru, India | ||
Venture capital funding and support for mobility and electric vehicle startups in India. | 2015 | advantedge.vc | Delhi, India | |
Delivers comprehensive real estate development and facility management consulting for residential and commercial projects. | 1986 | sattvagroup.in | Bengaluru, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States |
Investor details for TyrePlex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tyreplex Technologies And Commerce Private Limited (TyrePlex)
Tyreplex Technologies And Commerce Private Limited is the primary company behind TyrePlex. The board of Tyreplex Technologies And Commerce Private Limited currently have 2 directors; the longest-serving is Puneet Bhaskar, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puneet Bhaskar DIN 08349104 | Director | 02 Mar 2020 | 6 yrs 7 mo | Tyreplex Technologies And Commerce Private Limited |
| Rupendra Pratap Singh DIN 08547624 | Director | 13 Apr 2021 | 5 yrs 6 mo | Tyreplex Technologies And Commerce Private Limited |
People of TyrePlex
8 people are tracked at TyrePlex (8 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
Nikhil Kalra | Co-Founder & Chief Product Officer | Leadership |
Jiveshwar Sharma | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder | Leadership | |
Ravi Kumar | Regional Head | Leadership |
Vivek Taneja | Head Of Sales And Business Development | Leadership |
Ca Naviin Guptaa | Head Of Finance | Leadership |
Complete people profiles for TyrePlex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TyrePlex
Figures of Tyreplex Technologies And Commerce Private Limited, the primary company behind TyrePlex, for FY 2024. Revenue was ₹44.92 Cr (+100% year on year). Net loss was -₹10.99 Cr (-24% margin). EBITDA was -₹10.98 Cr (-24% margin). Revenue has grown at a compounded annual rate of +259% over three years.
- ₹44.92 CrRevenue · FY 2024 · +100% YoY
- -₹10.99 CrNet loss · -24% margin
- -₹10.98 CrEBITDA · -24% margin
- ₹10.2 LakhPaid-up capital
- 43Employees (provident fund records)
- +259%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tyreplex Technologies And Commerce Private Limited are on its company page.
Detailed financial statements for TyrePlex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of TyrePlex
4 dated milestones of TyrePlex across 5 years, from founding to its latest funding, stage changes and deals.
- Founded TyrePlex is founded.
- Funding First funding round of $100K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.9M.
Competitors of TyrePlex
TyrePlex has 3 listed competitors in our database, 3 of them funded. They include Koovers, Garaaz and Autoverse.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| koovers.in | 2015 | Bengaluru, India | $3.5M | 479 | App-based platform offering car spare parts and accessories | |
| garaaz.com | 2019 | Jaipur, India | $567,507 | 5 | Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts | |
| autoversemobility.in | 2023 | Bengaluru, India | $2.9M | 80 | Digital auto parts are distributed to garages and vendors. |
Detailed competitors of TyrePlex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TyrePlex
The website of TyrePlex (tyreplex.com) receives about 89.5K visits a month and ranks #346,578 among all websites worldwide, #8,433 in Automotive Industry.
- Monthly visits89.5K
▼ 20.7% vs previous month
- Unique visitors67.5K
per month
- Global rank#346,578
among all websites
- Category rank#8,433
Vehicles · Automotive Industry
- Bounce rate54%
- Pages per visit2.2
- Average visit26 sec
- DevicesDesktop 8% · Mobile 92%
Websites whose visitors overlap most with TyrePlex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shop.apollotyres.com | shop.apollotyres.com | 100% | – | ||
tyrehub.com | tyrehub.com | 97% | #572,336 | – | |
michelin.in | michelin.in | 94% | #189,084 | – | |
| tirepressure.com | 93% | 680.7K | #1,263,027 | View details | |
| bkt-tires.com | 92% | 119.1K | #387,456 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for TyrePlex
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as TyrePlex (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Tyreplex
Complete news archive for TyrePlex
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TyrePlex
TyrePlex was founded in 2020.
TyrePlex is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Puneet Bhaskar is the CEO of TyrePlex, as recorded in our data. They have also founded this company.
TyrePlex is a funded company, having raised a total of $6.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $100.37K, raised on Jul 2020.
TyrePlex has 43 employees.
The primary company behind TyrePlex, Tyreplex Technologies And Commerce Private Limited, reported revenue of ₹44.92 Cr for FY 2024, up 100% year on year.
TyrePlex was founded in 2020 in Gurugram, India, within the automotive sector. A platform is provided for tyre dealers to search tyres by vehicle type, size, and brand, access tire pressure details, and locate nearby dealers. Procurement of tyres, inventory management, customer invoicing, online store setup, and operations are enabled. Accessories including batteries and alloy wheels are offered through the website.
TyrePlex offers Car Tyres, Bike Tyres, Scooter Tyres, and Commercial Tyres.
TyrePlex has 35 investors. Key investors include Angel List, Lunchbox, Wellfound, Venture Catalysts, and Sattva Group.
The valuation of TyrePlex is $12.25M as of Mar 2025.
TyrePlex operates through Tyreplex Technologies And Commerce Private Limited.