TyrePlex Raises INR 12 Crore In Pre-Series A Round

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TyrePlex, B2B e-commerce player, has raised INR 12 crore in pre-Series A round co-led by 9Unicorns and AdvantEdge Founders and leading angel investors including Kunal Bahl, Rohit Bansal, Venture Catalysts, Abhishek Goyal, Sandeep Aggarwal and Rajesh Sawhney also participated in this round.

According to TyrePlex, The fresh fund utilized to bring 20% of all the country’s tyre dealers on its platform and expand its presence to the top 5 cities.

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Founded in 2020 by Puneet Bhaskar Co-Founder & CEO, Jiveshwar Sharma, Nikhil Kalra, and Rupendra Singh, TyrePlex is an eCommerce platform in the tyre aftermarket space. TyrePlex is enabling the over 100,000 independent multi-brand tyre dealers to set up their online stores, sell online, generate demand, procure tyres and manage their physical stores using TyrePlex’ s best in class Dealership Management System.

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