Vahanwire

Noida, India Founded: 2019 • Age: 7 yrs Minicorn
Multi-category automobile services are located via an online platform.

About Vahanwire

Vahanwire is a company based in Noida (India) founded in 2019 by Mithilesh Jha. Vahanwire has raised $154.27 thousand across 2 funding rounds from investors including Mohammad Meeraj and Naresh Kumar. Vahanwire offers products and services including Emergency Services, Pre-Appointment, VahanMoney, and Market Place. Vahanwire operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.

  • Headquarter Noida, India
  • Founders Mithilesh Jha
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Email
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  • Phone
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  • Website vahanwire.com
  • Social LinkedIn X
  • Legal Name Vahanwire Technologies Private Limited
  • Date of Incorporation 01 Aug, 2019
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Net Loss
    -₹30.9 Lakh

    FY 2023 · -3025626% margin

  • EBITDA
    -₹30.9 Lakh

    FY 2023 · -3025581% margin

  • Total Equity Funding
    $154.27K (USD)

    in 2 rounds

  • Latest Funding Round
    $35.55K (USD), Angel Round

    Nov 2024

Products & Services of Vahanwire

Vahanwire offers a comprehensive portfolio of products and services, including Emergency Services, Pre-Appointment, VahanMoney, and Market Place.

Emergency Services
Assistance

Platform to locate and call nearest mechanics for immediate vehicle help

Pre-Appointment
Booking

Service for scheduling visits to verified automotive centers

VahanMoney
Payment

Tool for easy bill payments and transactions via integrated gateway

Market Place
Ecommerce

Online hub to buy automotive parts from multiple vendors

Funding Insights of Vahanwire

Vahanwire has successfully raised a total of $154.27K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $35.55 thousand completed in November 2024. 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 $154,267
  • Total Rounds 2
  • Last Round Angel Round β€” $35,550
  • First Round $118,717

    (Jun 2024)

  • Investors Count 2

All 2 funding rounds of Vahanwire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$35,550Angel Round$7.28MMohammad Meeraj
–
Jun 2024$118,717Angel Round$6.11MNaresh Kumar
–
Valuation history
DateValuationStage
Nov 2024$7.28Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2024$6.11Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $7.28M (Nov 2024). 2 investors in total: 0 institutional and 2 angel.

Investors in Vahanwire

Vahanwire has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Mohammad Meeraj and Naresh Kumar.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Mohammad Meeraj

-
–unknown_053a2957734646c08-

Naresh Kumar

Angel investor and tech entrepreneur with focus on Indian startups
–unknown_32032b4a9c9d4324b-
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Investor details for Vahanwire

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Vahanwire Technologies Private Limited (Vahanwire)

Vahanwire Technologies Private Limited is the primary company behind Vahanwire. The board of Vahanwire Technologies Private Limited currently have 3 directors; the longest-serving is Mithilesh Kumar Jha, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Mithilesh Kumar Jha
DIN 06707588
Director01 Aug 20197 yrs 2 moVahanwire Technologies Private Limited
Prasoon Mani Tripathi
DIN 08255604
Director01 Aug 20197 yrs 2 moVahanwire Technologies Private Limited
Naresh Kumar
DIN 10556958
Director01 Jun 20242 yrs 4 moVahanwire Technologies Private Limited

People of Vahanwire

1 people are tracked at Vahanwire (1 in leadership).

NameRoleGroup
Founder & CEOLeadership
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Financials of Vahanwire

Figures of Vahanwire Technologies Private Limited, the primary company behind Vahanwire, for FY 2023. Net loss was -₹30.9 Lakh (-3025626% margin). EBITDA was -₹30.9 Lakh (-3025581% margin). Revenue has grown at a compounded annual rate of -90% over three years.

  • -₹30.9 LakhNet loss · -3025626% margin
  • -₹30.9 LakhEBITDA · -3025581% margin
  • ₹1 LakhPaid-up capital
  • -90%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Vahanwire Technologies Private Limited are on its company page.

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Detailed financial statements for Vahanwire

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Timeline of Vahanwire

4 dated milestones of Vahanwire across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vahanwire is founded.
  2. Funding First funding round of $119K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $36K.

Competitors of Vahanwire

Vahanwire 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 GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gomechanic.in2016Gurugram, India$62.01M171
Provider of car service and repair network
mytvs.in2003Chennai, India$223.22M1,292
Online platform for booking automotive repair and maintenance services
gobumpr.com2015Chennai, India$2.66M1,051
App-based garage aggregation for auto repair and maintenance is offered.
vehiclecare.in2019Gurugram, India$374,81163
AI-based car repair and maintenance services are delivered.
kimobility.in2020Chennai, India$11.45M1,151
Digital automotive marketplace platform
hoopy.in2016Bengaluru, India$1.64M45
Online platform for news articles on sports, entertainment, and current events worldwide.
honc.io2020Hyderabad, India$433,29625
App-based onsite car service, wash and detailing service booking platform
fixcraft.in2018Gurugram, India$2.29M2
Online car repair and maintenance services are provided.
carcrew.in2015Mumbai, India$2.72M17
Online portal for car servicing
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Detailed competitors of Vahanwire

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.

Similar companies to Vahanwire

10 companies that operate in the same segment as Vahanwire (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pre-owned vehicles are sold online with financing and valuation services.
2012Phoenix, Arizona, United StatesUSD 460 MUSD 20.32 B17,400
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 716.48 MUSD 446.48 M3,992
Pre-owned cars are certified, inspected, and traded online via Kavak.
2016Lerma De Villada, Estado De Mexico, MexicoUSD 1.98 B–2,500
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Second-hand cars are listed online to connect buyers and sellers.
2003Mumbai, Maharashtra, IndiaUSD 5.89 MUSD 5.28 M451
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Full-stack marketplace services for car ownership are provided.
2015Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,000
Retailer of new automobiles, used vehicles, and related automotive news
2008Jaipur, Rajasthan, IndiaUSD 60 MUSD 289.58 M721
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Frequently Asked Questions about Vahanwire

Vahanwire was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Vahanwire is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Mithilesh Jha is the current CEO of Vahanwire. They have also founded this company.

Vahanwire is a funded company, having raised a total of $154.27K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $118.72K, raised on Jun 2024.

Annual revenue of Vahanwire is $1.23 as on Mar 31, 2023.

Vahanwire was founded in 2019 in Noida, India, within the automobile services sector. An online platform is operated to help users locate nearby fuel stations, mechanics, petrol pumps, and service centers. Access to these services is enabled by submitting location data, user details, and payment information, supporting multi-category needs in the automotive domain.

Vahanwire's top competitors include GoMechanic, MyTVS and VehicleCare.

Vahanwire offers Emergency Services, Pre-Appointment, VahanMoney, and Market Place.

Vahanwire has 2 investors. Key investors include Mohammad Meeraj, and Naresh Kumar.

The valuation of Vahanwire is $7.28M as of Nov 2024.

Vahanwire operates through Vahanwire Technologies Private Limited.

The legal entities of Vahanwire currently have 3 directors, including Mithilesh Kumar Jha, Naresh Kumar, Prasoon Mani Tripathi.

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