When was Spark Minda founded?

Spark Minda was founded in 1958 and raised its 1st funding round 54 years after it was founded.

Where is Spark Minda located?

Spark Minda is headquartered in Gurugram, India. It is registered at A-15, Ashok Vihar, Phase - 1, New Delhi, Delhi, Delhi, India, 110052.

How many employees does Spark Minda have?

As of May 31, 2026, the latest employee count at Spark Minda is 86.

Is Spark Minda a funded company?

Spark Minda is a funded company, having raised a total of $25.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Feb 09, 2012.

When was the latest funding round of Spark Minda?

Spark Minda's latest funding was a $***** Post IPO round on May 24, 2018, with participation from 0 investor.

What is the annual revenue of Spark Minda?

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

Where does Spark Minda rank among its competitors?

Spark Minda ranks 9th amongst 6338 active competitors, of which 50 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Continental, which secured $52.8M in Dec, 2023.

Who are the top competitors of Spark Minda?

Spark Minda's top competitors include Uno Minda, Cooper Standard and Motherson Group. Among them, Continental secured the most recent funding round in December, 2023.

Spark Minda - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of automotive components including vehicle access systems, die cast parts, electrical distribution systems, interior plastics, instrument clusters, electronic devices, sensors, and starter motors. The company produces hardware and electronic solutions for various vehicle categories. Operations include the design and fabrication of connective solutions, mechatronics, and mobility management devices. The product portfolio encompasses components for vehicle security, access control, and power management. Engineering teams develop embedded technology and mechanical parts to support vehicle functionality and performance.

Website: sparkminda.com
Social
Email ID: *****@mindacorporation.com
Phone Number: +91 **********
Registered Address: A-15, Ashok Vihar, Phase - 1, New Delhi, Delhi, Delhi, India, 110052

Key Metrics

Founded Year

1958

Location

Gurugram, India

Stage

Public

Total Funding

$25.2M in 3 rounds

Latest Funding Round

Post IPO, May 24, 2018, $*****

Investors

Phi Capital

Ranked

9^th among 6338 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

86 as on May 31, 2026

Investment & Acquisitions

EVQ Point

Similar Companies

Uno Minda & 6961 more

Exit Details

Public

View Spark Minda's full profile

Spark Minda is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MINDA VAST ACCESS SYSTEMS PRIVATE LIMITED CIN: U34300DL2007PTC157344 , India, Active	Jan 03, 2007	₹100 - ₹500 Cr (As on Mar 31, 2025)	9 (As on May 31, 2026)
MINDA MANAGEMENT SERVICES LIMITED CIN: U74140DL2004PLC125552 , India, Amalgamated	Apr 01, 2004	₹10 - ₹50 Cr (As on Mar 31, 2018)	-
MINDA CORPORATION LIMITED CIN: L74899DL1985PLC020401 , India, Active	Mar 11, 1985	₹1,000+ Cr (As on Mar 31, 2025)	2788 (As on Oct 31, 2024)
SPARK MINDA GREEN MOBILITY SYSTEMS PRIVATE LIMITED CIN: U34100DL2021PTC377353 , India, Active	Feb 22, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	64 (As on May 31, 2026)
MINDA AUTOMOTIVE SOLUTIONS LIMITED CIN: U51909DL1985PLC021049 , India, Amalgamated	May 27, 1985	₹100 - ₹500 Cr (As on Mar 31, 2018)	-
MINDA INFAC PRIVATE LIMITED CIN: U29309DL2021PTC385027 , India, Active	Aug 10, 2021	₹10 - ₹50 Cr (As on Mar 31, 2025)	13 (As on May 31, 2026)

Spark Minda got listed on Oct 16, 2014.

Click here to take a look at Spark Minda's IPO in detail

Spark Minda has raised a total funding of $25.2M over 3 rounds. Its first funding round was on Feb 09, 2012. Spark Minda has 1 institutional investor.

Here is the list of recent funding rounds of Spark Minda:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 24, 2018	2926442	Post IPO	3329358	1698040	1816180	5386486
Jul 12, 2017	3874875	Post IPO	8055173	4524575	2391370	9539958
Feb 09, 2012	9487650	Series B	7422933	6976928	9047483	2935305

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View details of Spark Minda's funding rounds and investors

The founders of Spark Minda is Shadi Lal Minda. Ashok Minda is the CEO of Spark Minda.

Here are the details of Spark Minda's key team members:

Shadi Lal Minda: Former Founder of Spark Minda.
Neeraj Sharan: CEO of Spark Minda.

Spark Minda's Board of Directors

Spark Minda's board has 5 active members. Pratima Ram and Ashok Minda are part of team and Ashok Kumar Jha, Laxman Ramnarayan and Ravi Sud are independent board members.

Here is the list of Spark Minda's board of directors:

Name	Type	Representing	Status	Duration
{kotall	Team	-	Current	9y 7m
wdhol{d	Team	-	Current	4y 4m
Ashok Kumar Jha	Independent board member	-	Current	11y 6m
lhgqglp	Independent board member	-	Current	7y 2m
xkpaxcy	Independent board member	-	Current	7y 4m

View details of Spark Minda's Founder profiles and Board Members

Spark Minda's employee count trend

Spark Minda has 86 employees as of May 26. The total employee count is 5.0% lower than what it was in May 25. Here is Spark Minda's employee count trend over the years:

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Top competitors of Spark Minda include Uno Minda, Cooper Standard and Motherson Group. Here is the list of Top 10 competitors of Spark Minda, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uno Minda 1958, Gurugram (India), Public	Manufacturer of automotive components and systems for original equipment manufacturers	$260M	Motilal Oswal Private Equity, IDFC First Bank ... & 7 others	73/100
2nd	Cooper Standard 1960, Novi (United States), Acquired	Global supplier of sealing, fluid handling systems, and material science solutions	$51.1M	-	69/100
3rd	Motherson Group 1975, Noida (India), Public	Manufactures electrical distribution systems for automobiles	-	India Capital Growth, Nepean Capital & 2 others	69/100
4th	CIE Automotive 2002, Bilbao (Spain), Public	Manufacturer and supplier of major auto components to OEMs and tier 1 companies	$16.3M	Kedaara, Ainos Holdings & 18 others	68/100
5th	Delphi Technologies 1994, Auburn Hills (United States), Acquired	Manufacturer and supplier of automotive parts to OEMs	-	Goldman Sachs, Appaloosa Management & 5 others	68/100
6th	Faurecia 1997, Nanterre (France), Public	Manufacturer of automotive components and systems	-	Europa, NUMA & 3 others	68/100
7th	Schaeffler 1946, Herzogenaurach (Germany), Public	Manufacturer of bearings for the automotive industry	-	Europa, Gov.cz	67/100
8th	Continental 1871, Hannover (Germany), Public	Manufacturer & supplier of tires, brake systems, chassis, safety, and power train components	-	Europa, TPG & 4 others	66/100
9th	Spark Minda 1958, Gurugram (India), Public	Manufacturer of automotive components including vehicle access systems, die cast parts, electrical distribution systems, interior plastics, instrument clusters, electronic devices, sensors, and starter motors	$25.2M	Phi Capital	56/100
10th	Varroc 1988, Aurangabad (India), Public	Manufacturer of automotive components	$50.1M	Tata Opportunities Fund, Kotak Mahindra Bank ... & 3 others	65/100