Where is Tunwal located?

Tunwal is headquartered in Gandhinagar, 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.

Is Tunwal a funded company?

Tunwal is a funded company, having raised a total of $***** in its 1st and only funding round.

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 27th amongst 492 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was RapteeHV, which secured $2.7M in Mar, 2026.

Who are the top competitors of Tunwal?

Tunwal's top competitors include Ather Energy, Gogoro and Oben Electric. Among them, RapteeHV secured the most recent funding round in March, 2026.

Tunwal - 2026 Company Profile, Team, Competitors & Financials

Tunwal is a public company based in Gandhinagar (India), founded in 2014 by Jhumarmal Tunwal. It operates as an Electric two-wheeler manufacturing company. The company has 492 active competitors, including 52 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.

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

Gandhinagar, India

Stage

Public

Ranked

27^th among 492 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2023

Employee Count

60 as on Aug 31, 2024

Similar Companies

Ather Energy & 634 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	$1M - $10M (As on Mar 31, 2025)	1 (As on Mar 31, 2021)
Tunwal E-vehicle India Private Limited CIN: U34209GJ2016PTC091806 , India, Active	May 02, 2016	$1M - $10M (As on Mar 31, 2023)	1 (As on Mar 31, 2021)
TUNWAL E-MOTORS LIMITED CIN: L34300PN2018PLC180950 , India, Active	Dec 21, 2018	$10M - $50M (As on Mar 31, 2025)	72 (As on Oct 31, 2024)

Tunwal got listed on Jul 23, 2024.

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

Tunwal has not raised any funding rounds yet.

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 0m
Sangita Tunwal	Team	-	Current	10y 0m
gdymerj	Team	-	Past	5y 3m
leprcix	Independent board member	-	Past	1y 7m
glvqoaj	Independent board member	-	Past	7y 7m

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 Oben Electric. 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 electric scooters, charging infrastructure, smart helmets, and accessories	$502M	Hero MotoCorp, NIIF & 31 others	84/100
2nd	Gogoro 2011, Taipei (Taiwan), Public	Platform offering electric scooters and operator of battery swapping networks	$765M	Sumitomo Corporation, Temasek & 14 others	77/100
3rd	Oben Electric 2020, Bengaluru (India), Series A	Platform offering two wheeler motorcycle products	$37.6M	We Founder Circle, India Ev Angels & 87 others	75/100
4th	BGauss 2020, Mumbai (India), Series A	Manufacturer of electric scooters designed for urban and developing environments	$31.1M	RR Global, Bharat Value Fund & 17 others	70/100
5th	Ola Electric 2017, Bengaluru (India), Public	Manufacturer of electric scooters, motorcycles, and energy storage solutions	$1B	Temasek, Tiger Global Management & 65 others	68/100
6th	Simpl Energy 2019, Bengaluru (India), Series A	Manufacturer of electric scooters designed for urban and long-distance travel	$85.6M	Vasavi Green Tech, Srinivas Balajee Enterprise ... & 77 others	67/100
7th	RapteeHV 2018, Chennai (India), Seed	Platform offering electric motorcycles	$15.9M	Pointel Solutions, Reliable Lifestyle Venture ... & 56 others	66/100
8th	Motovolt 2019, Kolkata (India), Seed	Manufacturer of electric scooters, electric cycles, and electric mopeds	$1.92M	WAMI Capital, Sivaswamy Holdings & 22 others	66/100
9th	Bounce Infinity 2014, Gurugram (India), Series F	Manufacturer of electric scooters featuring removable batteries for portable charging	$226M	Accel, B Capital & 51 others	65/100
10th	Tork Motors 2010, Pune (India), Series B	Provider of high performance electric vehicles and charging infrastructure manufacturing solutions	$10.2M	Brand Capital, Maxis Capital & 24 others	64/100
27th	Tunwal 2014, Gandhinagar (India), Public	Electric two-wheeler manufacturing company	-	-	49/100