About TyrePlex
TyrePlex is a company based in Gurugram (India) founded in 2020 by Nikhil Kalra, Jiveshwar Sharma, Puneet Bhaskar, Rupendra Pratap Singh, and Sunish Kumar. TyrePlex has raised $6.1 million across 5 funding rounds from investors including Angel List, Lunchbox and Wellfound. The company has 43 employees as of April 02, 2024. TyrePlex offers products and services including Car Tyres, Bike Tyres, Scooter Tyres, and Commercial Tyres. TyrePlex operates in a competitive market with competitors including Koovers, Garaaz, Autoverse, Autozilla and SparesHub, among others.
- Headquarter Gurugram, India
- Employees 43 as on 02 Apr, 2024
- Founders Nikhil Kalra, Jiveshwar Sharma, Puneet Bhaskar, Rupendra Pratap Singh, Sunish Kumar
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Tyreplex Technologies And Commerce Private Limited
- Date of Incorporation 02 Mar, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.7 M (USD)547.95as on Mar 31, 2023
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Net Profit
-$601 K (USD)-165.86as on Mar 31, 2023
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EBITDA
-$629.21 K (USD)-178.16as on Mar 31, 2023
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Total Equity Funding
$6.1 M (USD)
in 5 rounds
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Latest Funding Round
$1.9 M (USD), Seed
Mar 10, 2025
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Investors
Angel List
& 34 more
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Employee Count
43
as on Apr 02, 2024
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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.
People of TyrePlex
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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.
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.
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Venture capital firm investing in seed to Series A startups across FinTech, Health-Tech, and other tech sectors, based in India.
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Investments are made in early-stage companies by Titan Capital.
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A startup accelerator offering funding and support to early-stage companies.
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Investor details for TyrePlex
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Investments & Acquisitions by TyrePlex
Investment portfolio details for TyrePlex
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Financial Statements - TyrePlex
Detailed financials for TyrePlex
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Tyreplex Comparisons
Peer comparison for TyrePlex
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Competitors of TyrePlex
TyrePlex 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 Koovers, Garaaz, Autoverse, Autozilla and SparesHub, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based platform offering car spare parts and accessories
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Omni channel marketplace and SaaS platform that facilitates the distribution of automobile spare parts
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Digital auto parts are distributed to garages and vendors.
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Online B2B marketplace to buy & sell auto parts
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Auto parts and accessories are offered via an online marketplace.
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Detailed competitors of TyrePlex
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Latest news on Tyreplex
Complete news archive for TyrePlex
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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 current CEO of TyrePlex. They have also founded this company.
TyrePlex is a funded company, having raised a total of $6.1M across 5 funding rounds to date.
As of Apr 02, 2024, the latest employee count at TyrePlex is 43.
Annual revenue of TyrePlex is $2.7M as on Mar 31, 2023.
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.