Where is Tunwal located?

Tunwal is headquartered in Pune, India. It is registered at 54-55, T.F. 1606 PHASE-3 Rudraksh co. Complex Behind Gayatri Restaurant, VatvaNA-Ahmedabad-Gujarat-382440-India.

Which legal entities is Tunwal associated with?

Tunwal is associated with Tunwal E-vehicle India Private Limited and 2 others.

How many employees does Tunwal have?

As of Aug 31, 2024, the latest employee count at Tunwal is 60.

What is the annual revenue of Tunwal?

Annual revenue of Tunwal is between ₹10 Cr and ₹50 Cr as on Mar 31, 2023

Where does Tunwal rank among its competitors?

Tunwal ranks 75th amongst 527 active competitors, of which 58 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was BGauss, which secured $11.6M in Aug, 2026.

Who are the top competitors of Tunwal?

Tunwal's top competitors include Ather Energy, Gogoro and Ultraviolette. Among them, BGauss secured the most recent funding round in August, 2026.

Tunwal - 2026 Company Profile, Team, Funding, Competitors & Financials

Tunwal is a public company based in Pune (India), founded in 2014 by Jhumarmal Tunwal. It operates as an Electric two-wheeler manufacturing company. The company has 527 active competitors, including 58 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Ultraviolette.

Company Details

Tunwal is an electric two-wheeler manufacturing company. Produces a range of battery-powered scooters with varied designs, technical specifications, and performance metrics. Its vehicle features a Lead Acid/Li-ion battery, an Anti-theft alarm, a digital display, and tubeless tires.

Website: www.tunwal.com/
Social
Email ID: *****@tunwal.com
Phone Number: +91 **********
Registered Address: 54-55, T.F. 1606 PHASE-3 Rudraksh co. Complex Behind Gayatri Restaurant, VatvaNA-Ahmedabad-Gujarat-382440-India

Key Metrics

Founded Year

2014

Location

Pune, India

Stage

Public

Investors

Startopreneur360 Innovations

Ranked

75^th among 527 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

60 as on Aug 31, 2024

Similar Companies

Ather Energy & 668 more

Exit Details

Public

View Tunwal's full profile

Tunwal is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Tunwal E-vehicle India Private Limited CIN: U34209PN2016PTC229376 , India, Active	May 03, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	1 (As on Mar 31, 2021)
TUNWAL E-MOTORS LIMITED CIN: L34300PN2018PLC180950 , India, Active	Dec 21, 2018	₹100 - ₹500 Cr (As on Mar 31, 2025)	72 (As on Oct 31, 2024)
Tunwal E-vehicle India Private Limited CIN: U34209GJ2016PTC091806 , India, Active	May 02, 2016	₹10 - ₹50 Cr (As on Mar 31, 2023)	1 (As on Mar 31, 2021)

Tunwal got listed on Jul 23, 2024.

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

Tunwal is a funded company. Tunwal has 1 institutional investor.

View details of Tunwal's funding rounds and investors

The founders of Tunwal is Jhumarmal Tunwal.

Here are the details of Tunwal's key team members:

Jhumarmal Tunwal: Founder of Tunwal. They serve on the board of 1 company.
Contact Info: 1 email address

Tunwal's Board of Directors

Tunwal's board has 5 active members. Jhumarmal Tunwal, Sangita Tunwal and Amit Kumar Mali are part of team and Pravin Ganeshbhai Chaudhari and Jagdish Mulchandbhai Patel are independent board members.

Here is the list of Tunwal's board of directors:

Name	Type	Representing	Status	Duration
Jhumarmal Tunwal	Team	-	Current	10y 4m
Sangita Tunwal	Team	-	Current	10y 4m
stnnzsm	Team	-	Past	1y 8m
pomjllq	Independent board member	-	Past	8y 1m
syllpbv	Independent board member	-	Past	8y 1m

View details of Tunwal's Founder profiles and Board Members

Tunwal's employee count trend

Tunwal has 60 employees as of Aug 24. The total employee count is 11.0% more than what it was in Aug 23. Here is Tunwal's employee count trend over the years:

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Top competitors of Tunwal include Ather Energy, Gogoro and Ultraviolette. Here is the list of Top 10 competitors of Tunwal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ather Energy 2013, Bengaluru (India), Public	Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services	$502M	Hero MotoCorp, NIIF & 40 others	85/100
2nd	Gogoro 2011, Taipei (Taiwan), Public	Platform offering electric scooters and operator of battery swapping networks	$765M	Sumitomo Corporation, Generation Investment Management ... & 15 others	77/100
3rd	Ultraviolette 2016, Bengaluru (India), Series E	Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure	$101M	TVS Motor, Qualcomm Ventures & 48 others	75/100
4th	Oben Electric 2020, Bengaluru (India), Series A	Platform offering two wheeler motorcycle products	$37.6M	India Ev Angels, Stride Ventures & 87 others	75/100
5th	BGauss 2020, Mumbai (India), Series D	Manufacturer of electric scooters designed for urban and developing environments	$42.7M	RR Global, Bharat Value Fund & 18 others	71/100
6th	Simpl Energy 2019, Bengaluru (India), Series B	Manufacturer of electric scooters designed for urban and long-distance travel	$98.9M	Vasavi Green Tech, Srinivas Balajee Enterprise ... & 131 others	67/100
7th	Hero Electric 2007, Gurugram (India), Series B	Manufacturer offering electric scooters and mobility solutions	$130M	GII, Vocean & 54 others	67/100
8th	Motovolt 2019, Kolkata (India), Seed	Manufacturer of electric bicycles mopeds and smart battery powered scooters	$1.92M	WAMI Capital, Sivaswamy Holdings & 22 others	66/100
9th	Ola Electric 2017, Bengaluru (India), Public	Manufacturer of electric scooters, motorcycles, and energy storage solutions	$1B	Temasek, SoftBank & 72 others	65/100
10th	Rideriver 2020, Bengaluru (India), Series C	Manufacturer of electric scooters designed for personal and professional use	$174M	Maniv Mobility, Al-Futtaim & 20 others	65/100
75th	Tunwal 2014, Pune (India), Public	Electric two-wheeler manufacturing company	-	Startopreneur360 Innovations	36/100