When was GM Modular founded?

GM Modular was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Where is GM Modular located?

GM Modular is headquartered in Mumbai, India. It is registered at 405, Shalimar Morya Park Premises,CHS. LTD., Opp. Infiniti Mall Off., New Link Road, Andheri(W), Mumbai City, Mumbai, Maharashtra, India, 400053.

Which legal entities is GM Modular associated with?

GM Modular is associated with GM MODULAR PRIVATE LIMITED and 3 others.

How many employees does GM Modular have?

As of Aug 31, 2026, the latest employee count at GM Modular is 1227.

Is GM Modular a funded company?

GM Modular is a funded company, having raised a total of $580K across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 31, 2007.

How much is GM Modular worth?

The latest valuation of GM Modular is ₹***** as of Jan 30, 2017.

When was the latest funding round of GM Modular?

GM Modular's latest funding was a $***** Unattributed round on Jan 30, 2017, with participation from 1 investor.

What is the annual revenue of GM Modular?

Annual revenue of GM Modular is more than ₹1,000 Cr as on Mar 31, 2025

Where does GM Modular rank among its competitors?

GM Modular ranks 16th amongst 393 active competitors, of which 8 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Sterlite Electric, which secured $85.4M in Dec, 2024.

Who are the top competitors of GM Modular?

GM Modular's top competitors include Wonderchef, CG Power & Industrial Solutions and V-Guard Industries. Among them, Sterlite Electric secured the most recent funding round in December, 2024.

GM Modular - 2026 Company Profile, Team, Funding, Competitors & Financials

GM Modular is an early stage company based in Mumbai (India), founded in 2000. It operates as a Manufacturer of switches, home automation systems, lighting, and electrical products. GM Modular has raised $580K in funding from Alka Diamond Industries and Million Foundation, with a current valuation of ₹*****. The company has 393 active competitors, including 8 funded and 38 that have exited. Its top competitors include companies like Wonderchef, CG Power & Industrial Solutions and V-Guard Industries.

Company Details

Manufacturer of switches, home automation systems, lighting, and electrical products. The company provides a range of items, including switches and accessories, home automation solutions, and various lighting options. These lighting products include tube lights, wall lights, strip lights, and flood lights. Additionally, the company offers fans, wires, cables, pipes, and home protection devices like distribution boards.

Website: www.gmmodular.com/
Social
Email ID: *****@gmmodular.com
Phone Number: +91 **********
Part Of
Registered Address: 405, Shalimar Morya Park Premises,CHS. LTD., Opp. Infiniti Mall Off., New Link Road, Andheri(W), Mumbai City, Mumbai, Maharashtra, India, 400053

Key Metrics

Founded Year

2000

Location

Mumbai, India

Stage

Early Stage

Total Funding

$580K in 2 rounds

Latest Funding Round

Unattributed, Jan 30, 2017, $*****

Post Money Valuation

₹***** as on Jan 30, 2017

Investors

Alka Diamond Industries & 36 more

Ranked

16^th among 393 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,227 as on Aug 31, 2026

Investment & Acquisitions

EUME & 2 more

Similar Companies

Wonderchef & 1038 more

View GM Modular's full profile

GM Modular is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
GM CABLES & SWITCHES PRIVATE LIMITED CIN: U31909AP2013PTC088912 , India, Active	Jul 10, 2013	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
GM NEXUS INDIA PRIVATE LIMITED CIN: U31909MH2021PTC357287 , India, Active	Mar 18, 2021	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
G NINE MODULAR PRIVATE LIMITED CIN: U31400MH2011PTC215898 , India, Active	Apr 07, 2011	₹100 - ₹500 Cr (As on Mar 31, 2025)	46 (As on May 31, 2025)
GM MODULAR PRIVATE LIMITED CIN: U31900MH1999PTC120544 , India, Active	Jun 25, 1999	₹1,000+ Cr (As on Mar 31, 2025)	1137 (As on May 01, 2026)

GM Modular has raised a total funding of $580K over 2 rounds. Its first funding round was on Mar 31, 2007. Its latest funding round was a Unattributed round on Jan 30, 2017 for $*****. 1 investor participated in its latest round. GM Modular has 23 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of GM Modular:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2017	7172353	Unattributed	4769491	2856344	7354783	2833309
Mar 31, 2007	3458826	Unattributed	3797268	2262030	Alka Diamond Industries	Montrealtradingco & 5 more

Access funding benchmarks and valuations. Sign up today!

View details of GM Modular's funding rounds and investors

GM Modular's Board of Directors

GM Modular's board has 4 active members. Jayantilal Jain, Aakash Jain, Ramesh Kumar Kumar Jain and Kumarpal Babulal Banda are independent board members.

Here is the list of GM Modular's board of directors:

Name	Type	Representing	Status	Duration
Jayantilal Jain	Independent board member	-	Current	27y 2m
zjcmzol	Independent board member	-	Current	8y 5m
tbyxbbw	Independent board member	-	Current	2y 3m
bwioqj{	Independent board member	-	Past	9y 1m

GM Modular's employee count trend

GM Modular has 1,227 employees as of Aug 26. Here is GM Modular's employee count trend over the years:

Uncover GM Modular's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of GM Modular include Wonderchef, CG Power & Industrial Solutions and V-Guard Industries. Here is the list of Top 10 competitors of GM Modular, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wonderchef 2009, Mumbai (India), Series C	Internet first brand of multi-category cookware and kitchen appliances	$49.3M	Vervima Company, Amicus Capital Partners ... & 40 others	75/100
2nd	CG Power & Industrial Solutions 1937, Mumbai (India), Acquired	Manufacturer of Industrial and Consumer Electric Equipment	-	Yes Bank, L & T Finance Holdings & 6 others	74/100
3rd	V-Guard Industries 1977, Kochi (India), Public	Manufacturer of consumer electrical appliances, including voltage stabilizers, inverters, and related power solutions	-	Nalanda Capital, MCap Fund Advisors	68/100
4th	Delta Electronics 1971, Taipei (Taiwan), Public	Power management and thermal solutions provider	-	OSTI	66/100
5th	Godrej 1897, Mumbai (India), Funding Raised	Traditional conglomerate with a diverse business portfolio	-	Innoeversity, Baring Private Equity Partners ... & 10 others	65/100
6th	Contact Philips 1930, Gurugram (India), Funding Raised	Retailer of personal care, mother and child care, and healthcare products	-	Analah Ventures, OSTI	60/100
7th	Sterlite Electric 2015, Pune (India), Late Stage	Manufacturers of high power electric cables	$85.4M	PFC, L & T Finance Holdings & 10 others	60/100
8th	Salasar 2006, Delhi (India), Public	Manufacturer of transmission line towers	-	-	59/100
9th	RR Kabel 2002, Mumbai (India), Public	Manufacturer of wires, cables, and consumer electrical products	$85.4M	Oasis, TPG & 20 others	58/100
10th	Advait Group 2009, Bengaluru (India), Public	Manufacturer of power transmission and renewable energy solutions	-	-	56/100
16th	GM Modular 2000, Mumbai (India), Early Stage	Manufacturer of switches, home automation systems, lighting, and electrical products	$580K	Aarii Ventures, Marudhar Mudra & 35 others	53/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on GM Modular's competitors? Click here to see the top ones

Founders own 32.54%, Enterprises (largest shareholder) own 34.72% and Other People own 32.75%. The net worth of GM Modular's founders is INR 9.58Cr as of Jan 30, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.54%	9.58Cr	8340923	7710602	9254744	2669195
Enterprise	34.72%	10.2Cr	2086668	8997466	9310210	6921629
Other People	32.75%	9.64Cr	7811630	4447899	5618987	5327968
Total	100.00%	29.4Cr	9502229	9462550	2082534	4009388

To unlock detailed Cap Table of GM Modular Sign up today!

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of GM Modular's Shareholding

GM Modular has made 3 investments including EUME, EVRides and Tride Mobility. GM Modular has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 16, 2022	Investments	EUME	2018	Mumbai (India)
Oct 22, 2022	Investments	EVRides	2022	Hyderabad (India)
Sep 30, 2022	Investments	Tride Mobility	2020	Hyderabad (India)