TVS Motor Company
Established in 1911 by T.V. Sundaram Iyengar, TVS Motor Company is a leading Indian manufacturer of two-wheelers, three-wheelers, and auto components. Initially focused on transportation services, the company diversified into vehicle manufacturing under the leadership of Mr. Sundaram's sons. Today, it operates nine plants across India and Indonesia, producing over 4 million vehicles annually, with exports to more than 60 countries. TVS offers a wide range of products, from mopeds to high-performance motorcycles, and is renowned for its innovative, user-friendly, and environmentally conscious designs.
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Past deals in Motorcycles
DriveX
Corporate Round in 2022
DriveX is a digital platform that facilitates the buying and renting of pre-owned two-wheelers, ensuring quality checks and streamlined documentation processes. The company specializes in providing two-wheeler rental services, allowing customers to access motorcycles without the need for advance payments. DriveX manages all necessary insurance, enabling clients to obtain vehicles for their desired durations at affordable rates. This approach simplifies the ownership experience and makes two-wheeler access more convenient for a wider audience.
Norton Motorcycles
Corporate Round in 2022
Norton Motorcycles (UK) Ltd is a manufacturer of motorcycles based in Derby, United Kingdom. The company produces a range of motorcycles, accessories, and related products, distributing them to markets worldwide. With a focus on quality craftsmanship and engineering, Norton aims to serve motorcycle enthusiasts globally, upholding its reputation as a distinguished name in the motorcycle industry.
Rapido
Series D in 2022
Rapido is an Indian mobility platform that facilitates bike taxi bookings via its mobile app. Launched in 2015, the company aims to reduce traffic congestion and carbon emissions by connecting individuals traveling in similar directions. It offers economical intra-city travel options, including two-, three-, and four-wheeler rides.
Ultraviolette Automotive
Series C in 2021
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Ultraviolette Automotive
Series B in 2020
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Norton Motorcycles
Acquisition in 2020
Norton Motorcycles (UK) Ltd is a manufacturer of motorcycles based in Derby, United Kingdom. The company produces a range of motorcycles, accessories, and related products, distributing them to markets worldwide. With a focus on quality craftsmanship and engineering, Norton aims to serve motorcycle enthusiasts globally, upholding its reputation as a distinguished name in the motorcycle industry.
Ultraviolette Automotive
Series A in 2018
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
Ultraviolette Automotive
Corporate Round in 2017
Founded in 2016, Ultraviolette Automotive is a Bangalore-based startup developing electric two-wheelers. They focus on creating advanced engineering solutions and seamless user experiences through innovative design and technology.
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