About Varun Motors
Varun Motors is a company based in Hyderabad (India) founded in 1996. It operates as a B2C, and Retail. The company has 10,368 employees as of March 31, 2023. Varun Motors offers products and services including Maruti Suzuki Cars, Car Servicing, Car Finance, and Insurance Services. Varun Motors operates in a competitive market with competitors including Khivraj Motors, Kalyani Motors, Siddhivinayak Motors, BMW Bavaria Motors and Amana Toyota, among others.
- Headquarter Hyderabad, India
- Employees 10368 as on 31 Mar, 2023
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Varun Motors Private Limited
- Date of Incorporation 22 Nov, 1993
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
-
Annual Revenue
$556.46 M (USD)50.61as on Mar 31, 2023
-
Net Profit
$15.38 M (USD)5.67as on Mar 31, 2023
-
EBITDA
$5.63 M (USD)-42as on Mar 31, 2023
-
Latest Funding Round
-
Investors
-
Employee Count
10368
as on Mar 31, 2023
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
Products & Services of Varun Motors
Varun Motors offers a comprehensive portfolio of products and services, including Maruti Suzuki Cars, Car Servicing, Car Finance, and Insurance Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Range of hatchbacks and SUVs for personal and family use.
Professional repairs and maintenance for Maruti vehicles.
Options for loans and EMI plans on vehicle purchases.
Purchase and renewal of car insurance coverage.
Funding Insights of Varun Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Varun Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Varun Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Varun Motors Comparisons
Competitors of Varun Motors
Varun Motors 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 Khivraj Motors, Kalyani Motors, Siddhivinayak Motors, BMW Bavaria Motors and Amana Toyota, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Khivraj Motors is engaged in selling Maruti Suzuki vehicles.
|
|
| domain | founded_year | HQ Location |
A car dealership that simplifies the buying process with comprehensive information.
|
|
| domain | founded_year | HQ Location |
An authorized dealership offering a range of cars and related services.
|
|
| domain | founded_year | HQ Location |
BMW dealership providing new cars, used vehicles, services, and finance options.
|
|
| domain | founded_year | HQ Location |
Offers Toyota vehicle sales, test drives, and exchange services through dealerships.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Varun Motors
Frequently Asked Questions about Varun Motors
When was Varun Motors founded?
Varun Motors was founded in 1996.
Where is Varun Motors located?
Varun Motors is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Varun Motors have?
As of Mar 31, 2023, the latest employee count at Varun Motors is 10,368.
What is the annual revenue of Varun Motors?
Annual revenue of Varun Motors is $556.46M as on Mar 31, 2023.
What does Varun Motors do?
Varun Motors Pvt. Ltd. operates as an authorized Maruti Suzuki dealership in Hyderabad and other Indian regions. They offer sales of new and used cars, along with services like finance, insurance, accessories, and vehicle maintenance at multiple showrooms. Customers can access driving schools and roadside assistance, serving individuals in Telangana, Andhra Pradesh, and Karnataka with reliable automotive solutions.
Who are the top competitors of Varun Motors?
Varun Motors's top competitors include Advaith Motors, Kalyani Motors and Khivraj Motors.
What products or services does Varun Motors offer?
Varun Motors offers Maruti Suzuki Cars, Car Servicing, Car Finance, and Insurance Services.