YWE Auto Assist

Chennai, India Founded: 2021 • Age: 5 yrs
YWE Auto Assist India is a leading provider of emergency roadside assistance in India.

About YWE Auto Assist

YWE Auto Assist is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2021 by Silambarasan Ramakrishnan. YWE Auto Assist India is a leading provider of emergency roadside assistance in India. YWE Auto Assist has raised $122.7 thousand across 1 funding round from investors including StartupTN. Its chief executive, as recorded, is Silambarasan Ramakrishnan. Its Indian entity Ywe Auto Assist India Private Limited reported revenue of β‚Ή70.1 Lakh. Its focus areas include Auto, Auto Retail & Aftersales, Repair & Maintenance and Roadside Assistance. Its competitors include Towfixers, Road Runner Autohub and Jyotiba Towing Service.

Company details

YWE Auto Assist was founded in 2021 and is based in Chennai, India. Operations focus on the automotive assistance sector, where emergency roadside services are delivered nationwide. Key offerings include pickup and drop transportation as well as parking support. The company serves vehicle owners requiring on-site aid in various regions of the country.

Key Metrics
  • Annual Revenue
    ₹70.1 Lakh

    FY 2024 · +145% YoY

  • Net Loss
    -₹46.3 Lakh

    FY 2024 · -66% margin

  • EBITDA
    -₹59.5 Lakh

    FY 2024 · -85% margin

  • Total Equity Funding
    $122.7K (USD)

    in 1 rounds

  • Latest Funding Round
    $122.7K (USD), Seed

    Jan 2023

  • Investors

Funding Insights of YWE Auto Assist

YWE Auto Assist has successfully raised a total of $122.7K through 1 strategic funding round. The most recent funding activity was a Seed round of $122.7 thousand completed in January 2023. 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 $122,699
  • Total Rounds 1
  • Last Round Seed β€” $122,699
  • First Round $122,699

    (Jan 2023)

  • Investors Count 1

All 1 funding rounds of YWE Auto Assist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2023$122,699Seed–StartupTN
–
Valuation history

1 investors in total: 1 institutional.

Investors in YWE Auto Assist

YWE Auto Assist has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include StartupTN.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Potato farming, grain marketing, and equipment services in Maine.
2021startuptn.inChennai, India
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Investor details for YWE Auto Assist

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Board of directors of Ywe Auto Assist India Private Limited (YWE Auto Assist)

Ywe Auto Assist India Private Limited is the primary company behind YWE Auto Assist. The board of Ywe Auto Assist India Private Limited currently have 2 directors; the longest-serving is Ramakrishnan Silambarasan, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ramakrishnan Silambarasan
DIN 09038374
Director21 Jan 20215 yrs 9 moYwe Auto Assist India Private Limited
Uthukktan Sekar
DIN 09581055
Director16 Apr 20224 yrs 7 moYwe Auto Assist India Private Limited

People of YWE Auto Assist

1 people are tracked at YWE Auto Assist (1 in leadership).

NameRoleGroup
Founder & CEOLeadership
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Complete people profiles for YWE Auto Assist

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Financials of YWE Auto Assist

Figures of Ywe Auto Assist India Private Limited, the primary company behind YWE Auto Assist, for FY 2024. Revenue was ₹70.1 Lakh (+145% year on year). Net loss was -₹46.3 Lakh (-66% margin). EBITDA was -₹59.5 Lakh (-85% margin).

  • ₹70.1 LakhRevenue · FY 2024 · +145% YoY
  • -₹46.3 LakhNet loss · -66% margin
  • -₹59.5 LakhEBITDA · -85% margin
  • ₹1.3 LakhPaid-up capital
  • 12Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Ywe Auto Assist India Private Limited are on its company page.

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Detailed financial statements for YWE Auto Assist

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Timeline of YWE Auto Assist

2 dated milestones of YWE Auto Assist across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded YWE Auto Assist is founded.
  2. Funding First funding round of $123K.

Competitors of YWE Auto Assist

YWE Auto Assist has 3 listed competitors in our database. They include Towfixers, Road Runner Autohub and Jyotiba Towing Service.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
towfixers.in2013Mumbai, India
Delivers comprehensive roadside assistance services to users.
rnrautohub.com2021Bengaluru, India
Provides comprehensive online car towing services for efficient vehicle recovery.
jyotibatowingservice.com2023Pune, India
Provides reliable vehicle towing and emergency services.
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Detailed competitors of YWE Auto Assist

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Top companies in Automotive Retail & Aftersales

3 companies that operate in the same segment as YWE Auto Assist (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
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Frequently Asked Questions about YWE Auto Assist

YWE Auto Assist was founded in 2021 and raised its 1st funding round 2 years after it was founded.

YWE Auto Assist is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Silambarasan Ramakrishnan is the CEO of YWE Auto Assist, as recorded in our data. They have also founded this company.

YWE Auto Assist is a funded company, having raised a total of $122.7K across 1 funding round to date. The company's 1st funding round was a Seed of $122.7K, raised on Jan 2023.

The primary company behind YWE Auto Assist, Ywe Auto Assist India Private Limited, reported revenue of β‚Ή70.1 Lakh for FY 2024, up 145% year on year.

YWE Auto Assist was founded in 2021 and is based in Chennai, India. Operations focus on the automotive assistance sector, where emergency roadside services are delivered nationwide. Key offerings include pickup and drop transportation as well as parking support. The company serves vehicle owners requiring on-site aid in various regions of the country.

YWE Auto Assist's top competitors include Road Runner Autohub, Towfixers and Jyotiba Towing Service.

YWE Auto Assist has 1 investor. Key investors include StartupTN.

YWE Auto Assist operates through Ywe Auto Assist India Private Limited.

The legal entities of YWE Auto Assist currently have 2 directors, including Uthukktan Sekar, Ramakrishnan Silambarasan.

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