TSUYO - About the company
TSUYO is a seed company based in Delhi (India), founded in 2020 by Tripurari Kumar, Lalit Baid and Vijay Kumar. It operates as a Platform offering motors for multi-category electric-three wheelers. TSUYO has raised $4.5M in funding from Ramkrishna Forgings and Avaana Capital Advisors, with a current valuation of $*****. The company has 102 active competitors, including 19 funded and 8 that have exited. Its top competitors include companies like KPIT, IRP Systems and Pionix.
Company Details
Platform offering motors for multi-category electric-three wheelers. It develops various models of BDLC motors and compatible controllers for various three-wheeled electric vehicles like electric-rikshaw, electric carts, electric loaders, etc. It offers features like customized solutions, warranty, etc.
- Website
- tsuyo.co.in
- Email ID
- *****@tsuyo.co.in
- Phone Number
- +91 **********
- Registered Address
- Room No-1109, 11th Floor, Devika Tower-06, Nehru Place, New Delhi, Delhi, Delhi, India, 110019
Legal entities associated with TSUYO
TSUYO is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TSUYO MANUFACTURING PRIVATE LIMITED CIN: U31906DL2020PTC367759 , India, Active | Aug 10, 2020 | $3.69M (As on Mar 31, 2025) | - |
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TSUYO's funding and investors
TSUYO has raised a total funding of $4.5M over 2 rounds. Its first funding round was on Dec 15, 2022. Its latest funding round was a Seed round on Oct 20, 2025 for $*****. 1 investor participated in its latest round. TSUYO has 3 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of TSUYO:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 20, 2025 | 1058494 | Seed | 5108882 | 1201409 | 6333677 | 9009985 |
Dec 15, 2022 | 2998826 | Seed | 9056263 | 4048006 | 6490961 |
View details of TSUYO's funding rounds and investors
TSUYO's founders and board of directors
Founder? Claim ProfileThe founders of TSUYO are Tripurari Kumar, Lalit Baid and Vijay Kumar. Vijay Kumar is the CEO of TSUYO.
Here are the details of TSUYO's key team members:
- Tripurari Kumar: Co-Founder of TSUYO. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
- Lalit Baid: Co-Founder of TSUYO. They serve on the board of 1 company.Contact Info: 1 email address
- Vijay Kumar: Co-Founder & CEO of TSUYO. They serve on the board of 1 company.Contact Info: 1 email address
View details of TSUYO's Founder profiles and Board Members
TSUYO's employee count trend
TSUYO has 33 employees as of Aug 25. The total employee count is 22.0% more than what it was in Aug 24. Here is TSUYO's employee count trend over the years:
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TSUYO's Competitors and alternates
Top competitors of TSUYO include KPIT, IRP Systems and Pionix. Here is the list of Top 10 competitors of TSUYO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Autonomous driving solutions for vehicles | - | 75/100 | ||
2nd | Platform offering motors for multi-category electric-three wheelers | $4.5M | 63/100 | ||
3rd | IRP Systems 2015, Ness Ziona (Israel), Series C | Provider of software-defined electric powertrain system for micro mobility | $57M | 62/100 | |
4th | Provider of engineering services for electric vehicle charging solutions development | $15.1M | 58/100 | ||
5th | Hexagon Purus 2018, Alesund (Norway), Public | Provider of systems and solutions for clean transportation and energy applications | - | 57/100 | |
6th | Vitesco Technologies 2018, Hannover (Germany), Acquired | Developer of powertrain system for multi-category vehicles | - | 56/100 | |
7th | Equipmake 2002, Snetterton (United Kingdom), Public | Developer of electric drivetrain solutions for automotive, aerospace, and bus industries | - | 55/100 | |
8th | Electra EV 2017, Pune (India), Series B | Manufacturer of electric vehicle powertrains, battery systems, and energy storage | $25M | 53/100 | |
9th | Volektra 2020, Sacramento (United States), Seed | Developer of electric drivetrain systems and modular EV platforms | - | 50/100 | |
10th | Scalvy 2022, Mountain View (United States), Series A | Developer of powertrain system for multiple cateories of electric vehicles | $16.9M | 49/100 |
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TSUYO's Investments and acquisitions
TSUYO has made no investments or acquisitions yet.
Reports related to TSUYO
Here is the latest report on TSUYO's sector:
News related to TSUYO
Media has covered TSUYO for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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Tsuyo Begins Production Of India’s First Local EV Powertrain For Commercial Vehicleselectronicsforyou.biz•Oct 17, 2024•TSUYO
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Ramkrishna Forgings Limited’s Acquisition of a Stake in Tsuyo ManufacturingGlobal Legal Chronicle•Jun 27, 2023•TSUYO, Ramkrishna Forgings, Khaitan
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Tsuyo Manufacturing and IIT Delhi collaborate on EV powertrain solutionsTelematics Wire•Jun 20, 2023•TSUYO, IIT Delhi
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Board of Ramkrishna Forgings approves acquisition of up to 51% stake in TSUYO ManufacturingBusiness Standard•Dec 15, 2022•TSUYO, Ramkrishna Forgings
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