When was TyrePlex founded?

TyrePlex was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is TyrePlex located?

TyrePlex is headquartered in Gurugram, India. It is registered at SECOND FLOOR, 22-A, ASAF ALI ROAD, Ajmeri Gate Extn., Central Delhi, New Delhi, Delhi, India, 110002.

Who is the current CEO of TyrePlex?

Puneet Bhaskar of TyrePlex. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is TyrePlex associated with?

TyrePlex is associated with TYREPLEX TECHNOLOGIES AND COMMERCE PRIVATE LIMITED.

How many employees does TyrePlex have?

As of Aug 31, 2025, TyrePlex has 63 employees, reflecting a 44% year-over-year growth in headcount.

Is TyrePlex a funded company?

TyrePlex is a funded company, having raised a total of $6.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 30, 2020.

How much is TyrePlex worth?

The latest valuation of TyrePlex is $***** as of Jul 02, 2025.

When was the latest funding round of TyrePlex?

TyrePlex's latest funding was a $***** Seed round on Mar 10, 2025, with participation from 2 investors. Its primary sector is Auto E-Commerce & Content. In India, the Auto E-Commerce & Content sector has seen $60.5M in funding in 2026 to date.

What is the annual revenue of TyrePlex?

Annual revenue of TyrePlex is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does TyrePlex rank among its competitors?

TyrePlex ranks 1st amongst 4 active competitors, only 1 of which is funded. TyrePlex, which secured $1.9M in Mar, 2025.

Who are the top competitors of TyrePlex?

TyrePlex's top competitors include Tyre Book, The Motoshina SPB and https://alloywheelskart.com/. Among them, TyrePlex secured the most recent funding round in March, 2025.

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

TyrePlex is a seed company based in Gurugram (India), founded in 2020 by Sunish Kumar, Puneet Bhaskar and Jiveshwar Sharma. It operates as an Online retailer of tyres for cars, bikes, and commercial vehicles. TyrePlex has raised $6.1M in funding from investors like PeerCapital, AdvantEdge and ADvantage VC, with a current valuation of $*****. The company has 4 active competitors, including 1 that is funded. Its top competitors include companies like Tyre Book, The Motoshina SPB and https://alloywheelskart.com/.

Company Details

Online retailer of tyres for cars, bikes, and commercial vehicles. The company provides a search tool to find appropriate tyres by vehicle type, size, or vehicle number. It offers a tyre pressure search function. The website also lists accessories such as batteries and alloy wheels. Customers can compare tyres and find local dealers.

Website: www.tyreplex.com/
Social
Email ID: *****@tyreplex.com
Phone Number: +91 **********
Registered Address: SECOND FLOOR, 22-A, ASAF ALI ROAD, Ajmeri Gate Extn., Central Delhi, New Delhi, Delhi, India, 110002

Key Metrics

Founded Year

2020

Location

Gurugram, India

Stage

Seed

Total Funding

$6.1M in 5 rounds

Latest Funding Round

Seed, Mar 10, 2025, $*****

Post Money Valuation

$***** as on Jul 02, 2025

Investors

PeerCapital & 38 more

Ranked

1^st among 4 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

63 as on Aug 31, 2025

Similar Companies

WYZauto & 10 more

View TyrePlex's full profile

TyrePlex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TYREPLEX TECHNOLOGIES AND COMMERCE PRIVATE LIMITED CIN: U72900DL2020PTC362468 , India, Active	Mar 02, 2020	₹50 - ₹100 Cr (As on Mar 31, 2025)	63 (As on Aug 01, 2025)

TyrePlex has raised a total funding of $6.1M over 5 rounds. Its first funding round was on Jul 30, 2020. Its latest funding round was a Seed round on Mar 10, 2025 for $*****. 2 investors participated in its latest round. TyrePlex has 24 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of TyrePlex:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2025	8214233	Seed	6919551	9223929	2746458	8891410
Dec 04, 2024	1678377	Seed	7708909	7640612	4789515	Titan Capital & 1 more
Apr 27, 2022	3715046	Seed	6954032	1845791	ADvantage VC & 2 more	Z Nation Lab & 19 more

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View details of TyrePlex's funding rounds and investors

The founders of TyrePlex are Sunish Kumar, Puneet Bhaskar and Jiveshwar Sharma. Puneet Bhaskar is the CEO of TyrePlex.

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

Sunish Kumar: Co-Founder of TyrePlex. They are also an angel investor in 3 startups.
Contact Info: 1 email address
Puneet Bhaskar: Co-Founder & CEO of TyrePlex. They are also an angel investor in 2 startups.
Contact Info: 1 email address and 1 phone number
Jiveshwar Sharma: Founder and CTO of TyrePlex.

TyrePlex's Board of Directors

TyrePlex's board has 2 active members. Puneet Bhaskar and Rupendra Pratap Singh are part of team.

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

Name	Type	Representing	Status	Duration
Puneet Bhaskar	Team	-	Current	6y 6m
Rupendra Pratap Singh	Team	-	Current	5y 5m

View details of TyrePlex's Founder profiles and Board Members

TyrePlex's employee count trend

TyrePlex has 63 employees as of Aug 25. The total employee count is 43.0% more than what it was in Aug 24. Here is TyrePlex's employee count trend over the years:

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Top competitors of TyrePlex include Tyre Book, The Motoshina SPB and https://alloywheelskart.com/. Here is the list of Top 10 competitors of TyrePlex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TyrePlex 2020, Gurugram (India), Seed	Online retailer of tyres for cars, bikes, and commercial vehicles	$6.1M	CapFort Ventures, Z Nation Lab & 37 others	52/100
2nd	Tyre Book Gurugram (India), Unfunded	Provider of digital marketplace and fleet management software for tyres	-	-	16/100
3rd	The Motoshina SPB 2019, Bengaluru (India), Unfunded	Online platform for buying motorcycle tires with free delivery.	-	-	16/100
4th	https://alloywheelskart.com/ 2014, Mumbai (India), Unfunded	Provider of alloy wheels for cars	-	-	16/100
5th	Mk Car Care Center 2023, Akola (India), Deadpooled	Provider of tyre sales, wheel alignment, and balancing services	-	-	15/100

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Looking for more details on TyrePlex's competitors? Click here to see the top ones

Founders own 37.50%, Funds (largest shareholder) own 37.55%, Enterprises own 5.84% and Angels own 4.57%. The net worth of TyrePlex's founders is INR 39.4Cr as of Jul 02, 2025. The cap table displayed below is for TYREPLEX TECHNOLOGIES AND COMMERCE PRIVATE LIMITED which is the legal entity associated with TyrePlex.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	37.50%	39.4Cr	1000984	3316795	2364628	4357868
Puneet Bhaskar	4731677	4532275	5439578	9518385	8554279	5983232
Fund	37.55%	39.5Cr	4210982	4289422	4644539	2227792
AdvantEdge	1651924	9331956	7089170	7984075	2168209	8840244
PeerCapital	4257796	6452505	2362464	3376171	3519655	2494895
Titan Capital	18711	80257	55437	58414	92545	62696
Enterprise	5.84%	6.14Cr	13642	51677	63695	19480
Angel	4.57%	4.81Cr	3879	3346	2472	5402
Akhil Sikri	0	0	0	0	0	0
Other People	4.39%	4.61Cr	2104	7769	7437	5741
ESOP Pool	10.11%	10.6Cr	7654369	7482580	5054019	9214363
Total	99.96%	105Cr	6503793	1842116	5208689	5105409