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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.
Social
Facebook
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
Key Metrics
Founded Year
2020
Location
Delhi, India
Stage
Seed
Total Funding
$4.5M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 20, 2025
Ranked
Annual Revenue
₹31.2Cr as on Mar 31, 2025
Employee Count
33 as on Aug 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
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TSUYO's founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for TSUYO
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for KPIT
KPIT
1990, Pune (India), Public
Autonomous driving solutions for vehicles
-
75/100
2nd
Logo for TSUYO
TSUYO
2020, Delhi (India), Seed
Platform offering motors for multi-category electric-three wheelers
$4.5M
63/100
3rd
Logo for IRP Systems
IRP Systems
2015, Ness Ziona (Israel), Series C
Provider of software-defined electric powertrain system for micro mobility
$57M
62/100
4th
Logo for Pionix
Pionix
2021, Bad Schonborn (Germany), Seed
Provider of engineering services for electric vehicle charging solutions development
$15.1M
58/100
5th
Logo for Hexagon Purus
Hexagon Purus
2018, Alesund (Norway), Public
Provider of systems and solutions for clean transportation and energy applications
-
57/100
6th
Logo for Vitesco Technologies
Vitesco Technologies
2018, Hannover (Germany), Acquired
Developer of powertrain system for multi-category vehicles
-
56/100
7th
Logo for Equipmake
Equipmake
2002, Snetterton (United Kingdom), Public
Developer of electric drivetrain solutions for automotive, aerospace, and bus industries
-
55/100
8th
Logo for Electra EV
Electra EV
2017, Pune (India), Series B
Manufacturer of electric vehicle powertrains, battery systems, and energy storage
$25M
53/100
9th
Logo for Volektra
Volektra
2020, Sacramento (United States), Seed
Developer of electric drivetrain systems and modular EV platforms
-
50/100
10th
Logo for Scalvy
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 Latest cap tables and shareholding

Founders (largest shareholder) own 71.11% and Funds own 28.89%. The net worth of TSUYO's founders is INR 91.1Cr as of Oct 20, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
71.11%
91.1Cr
4222915
8691251
3186412
9464043
8727137
7652899
4295175
2568569
8185939
8025115
5524035
1494887
5742633
4505832
6451442
2613000
Fund
28.89%
37Cr
6498960
4173342
9698307
8207850
9768761
7703262
9820894
5419066
9111458
2620871
Total
100.00%
128Cr
5020906
6347301
4325867
8711901
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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 TSUYO's Shareholding

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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