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 Noida, 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 Mar 31, 2026, the latest employee count at Spark Minda is 3260.

Is Spark Minda a funded company?

Spark Minda is a funded company, having raised a total of $25.2M across 2 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, 2026

Where does Spark Minda rank among its competitors?

Spark Minda ranks 15th amongst 6855 active competitors, of which 65 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was VisIC Tech, which secured $26M in Dec, 2025.

Who are the top competitors of Spark Minda?

Spark Minda's top competitors include Uno Minda, CIE Automotive and Delta Electronics. Among them, VisIC Tech secured the most recent funding round in December, 2025.

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

Noida, India

Stage

Public

Total Funding

$25.2M in 2 rounds

Latest Funding Round

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

Investors

Phi Capital

Ranked

15^th among 6855 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

3,260 as on Mar 31, 2026

Investment & Acquisitions

EVQPoint & 5 more

Similar Companies

Delta Electronics & 5 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)
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 MANAGEMENT SERVICES LIMITED CIN: U74140DL2004PLC125552 , India, Amalgamated	Apr 01, 2004	₹10 - ₹50 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)
MINDA CORPORATION LIMITED CIN: L74899DL1985PLC020401 , India, Active	Mar 11, 1985	₹1,000+ Cr (As on Mar 31, 2026)	2788 (As on Oct 31, 2024)

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 2 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	8550344	Post IPO	9313187	2068301	9248098	7461337
Feb 09, 2012	4438685	Series B	1096553	1956208	9171526	8274232

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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 and Joy Panda are the CEOs of Spark Minda.

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

Shadi Lal Minda: Former Founder 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
sdjsqhu	Team	-	Current	2y 1m
razxpeo	Team	-	Current	5y 1m
Laxman Ramnarayan	Independent board member	-	Current	2y 3m
it{jqbu	Independent board member	-	Current	6y 7m
zssoaki	Independent board member	-	Past	6y 9m

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

Spark Minda's employee count trend

Spark Minda has 3,260 employees as of Mar 26. Here is Spark Minda's employee count trend over the years:

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Top competitors of Spark Minda include Uno Minda, CIE Automotive and Delta Electronics. 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	$8.5M	Motilal Oswal Private Equity, IDFC First Bank ... & 6 others	71/100
2nd	CIE Automotive 2002, Bilbao (Spain), Public	Manufacturer and supplier of major auto components to OEMs and tier 1 companies	$16.3M	Kedaara, Ainos Holdings & 19 others	69/100
3rd	Delta Electronics 1971, Taipei (Taiwan), Public	Power management and thermal solutions provider	-	OSTI	69/100
4th	Varroc 1990, Aurangabad (India), Public	Manufacturer of automotive components	$50M	Tata Opportunities Fund, Nepean Capital & 1 others	67/100
5th	Motherson Group 1975, Noida (India), Public	Global manufacturing and engineering specialist delivering integrated design, production, and logistics solutions across automotive and life‑science sectors	-	Nepean Capital, India Capital Growth & 1 others	67/100
6th	Continental 1871, Hannover (Germany), Public	Manufacturer & supplier of tires, brake systems, chassis, safety, and power train components	-	Economy And Finance, TPG & 4 others	66/100
7th	Rane Group 1929, Chennai (India), Public	Manufacturer of safety and critical automotive components for mobility applications	-	Blue River Capital	65/100
8th	VisIC Tech 2010, Rehovot (Israel), Public	Developer of GaN power semiconductors for electric vehicle and industrial applications	$92.6M	MediaTek, GSR Capital & 6 others	65/100
9th	MAHLE 1920, Stuttgart (Germany), Public	Manufacturer of automotive cooling, piston systems, and aftermarket components	-	Bundesministerium fur Wirtschaft und Klimaschutz, European Investment Bank ... & 5 others	65/100
10th	Delphi Technologies 1994, Auburn Hills (United States), Acquired	Manufacturer and supplier of automotive parts to OEMs	-	Goldman Sachs, Appaloosa Management & 5 others	65/100
15th	Spark Minda 1958, Noida (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	63/100

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Spark Minda has made 1 investments in companies including EVQPoint. Spark Minda has also acquired 5 companies including EI Labs India Pvt Ltd. and Tectro.

Here is the list of investments & acquisitions: