When was Multistrada founded?

Multistrada was founded in 1988 and raised its 1st funding round 22 years after it was founded.

Where is Multistrada located?

Multistrada is headquartered in Jakarta, Indonesia.

How many employees does Multistrada have?

As of Jul 31, 2026, the latest employee count at Multistrada is 1030.

Is Multistrada a funded company?

Multistrada is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on 2010.

When was the latest funding round of Multistrada?

Multistrada's latest funding was a $***** Post IPO round on 2010, with participation from 1 investor.

Where does Multistrada rank among its competitors?

Multistrada ranks 8th amongst 813 active competitors, only 1 of which is funded. Nokian Tyres, which secured $109M in Aug, 2024.

Who are the top competitors of Multistrada?

Multistrada's top competitors include Pirelli, Michelin and Bridgestone. Among them, Nokian Tyres secured the most recent funding round in August, 2024.

Multistrada - 2026 Company Profile, Funding & Competitors

Q: Is Multistrada an acquired company?

Multistrada got acquired by Michelin on Jan 23, 2019.

Multistrada is an acquired company based in Jakarta (Indonesia), founded in 1988. It operates as a Provides distribution of tires, machinery, and spare parts.. Multistrada has raised an undisclosed amount in funding. The company has 813 active competitors, including 1 funded and 99 that have exited. Its top competitors include companies like Pirelli, Michelin and Bridgestone.

Company Details

PT Multistrada Arah Sarana together with its subsidiaries, manufactures tires for motor vehicles. They offer passenger car, sports utility vehicle, light truck tires under the Achilles brand name and two-wheeled vehicle tires under the Corsa brand name. It is also involved in the investment, development, and improvement of industrial timber plantations, industrial estate management activities, distribution of tires, machinery, and spare parts and provision of business management consultation services.

Website: www.multistrada.co.id
Social
Email ID: *****@multistrada.co.id
Phone Number: +62 **********

Key Metrics

Founded Year

1988

Location

Jakarta, Indonesia

Stage

Acquired

Latest Funding Round

Post IPO, 2010, $*****

Investors

George Investment Group & 2 more

Ranked

8^th among 813 active competitors

Employee Count

1,030 as on Jul 31, 2026

Similar Companies

Pirelli & 801 more

Exit Details

Acquired by Michelin (Jan 23, 2019)

View Multistrada's full profile

Multistrada got acquired by Michelin on Jan 23, 2019 at an acquisition amount of $*****.

Click here to take a look at Multistrada's acquisition in detail

Multistrada has raised funding over 1 round. Its latest funding round was a Post IPO round on 2010 for $*****. 1 investor participated in its latest round. Multistrada has 3 institutional investors.

Here is the list of recent funding rounds of Multistrada:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2010	9813	Post IPO	5463	6277	1643	8470

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View details of Multistrada's funding rounds and investors

Multistrada's employee count trend

Multistrada has 1,030 employees as of Jul 26. Here is Multistrada's employee count trend over the years:

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Top competitors of Multistrada include Pirelli, Michelin and Bridgestone. Here is the list of Top 10 competitors of Multistrada, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pirelli 1872, Milan (Italy), Public	Manufacturer and supplier of tyres	-	Trilantic Europe, One Equity Partners & 6 others	69/100
2nd	Michelin 1889, Clermont Ferrand (France), Public	Manufacturer of composites	-	National Oceanic and Atmospheric Administration, Europa ... & 1 others	67/100
3rd	Bridgestone 1931, Tokyo (Japan), Public	Manufacturer and supplier of tyres and tubes	-	Triodos Investment Management, DOE & 2 others	65/100
4th	Goodyear 1898, Akron (United States), Public	Manufacturer and supplier of tyres	-	Appaloosa Management, OSTI & 1 others	62/100
5th	Nokian Tyres 1898, Nokia (Finland), Public	Manufacturer and supplier of tyres	-	Solidium, Norvestia & 1 others	60/100
6th	TVS Srichakra 1982, Madurai (India), Public	Manufacturer and exporter of two, three wheeler, and off-highway tyres	-	-	59/100
7th	Ceat Tyres 1958, Mumbai (India), Public	Manufacturer of tires for passenger & commercial vehicles	-	WestBridge Capital	59/100
8th	Multistrada 1988, Jakarta (Indonesia), Acquired	Provides distribution of tires, machinery, and spare parts.	-	George Investment Group, Northstar Group & 1 others	58/100
9th	Hankook Tire 1941, South Korea, Public	Manufacturer of tires for passenger vehicles, motorsport, and commercial use	-	-	57/100
10th	Brisa 1974, Istanbul (Turkey), Public	Manufacturer and supplier of tires	-	-	55/100