ki Mobility Solutions Revenue, Valuation, Funding & Investors

ki Mobility Solutions is valued at $842M as of November 2022, a 6.5x multiple on its last reported $129M revenue.

Last ki Mobility Solutions valuation

$842M

Strategic investment · Nov 2022

Last ki Mobility Solutions funding round

$60M

Strategic investment · Nov 2022

ki Mobility Solutions revenue

$129M

Strategic investment · Nov 2022

Key investors in ki Mobility Solutions

ki Mobility Solutions Overview

About ki Mobility Solutions

ki Mobility Solutions is a Gurugram-based automotive aftermarket platform offering parts, accessories, and repair services through 500 workshops in India. The company integrates telematics devices from Bosch and uses AI for predictive maintenance benefiting fleets from Ola and Uber.


Founded

2018

HQ

IndiaChennai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Services, Subscription

Revenue

$129M (Nov 2022)

Valuation

$842M (Nov 2022)

ki Mobility Solutions Valuation

ki Mobility Solutions is currently valued at $842M, based on its strategic investment round in November 2022.

The $60M round was led by Castrol India.

ki Mobility Solutions valuation by funding round

ki Mobility Solutions valuation by funding round
DateStageValuationRevenue Multiple
Nov 2022Strategic investment$842M6.5x

ki Mobility Solutions Revenue

ki Mobility Solutions' latest recorded revenue is $129M, as of its strategic investment round in November 2022. At a $842M valuation, that implies a 6.5x revenue multiple.

ki Mobility Solutions revenue by funding round

ki Mobility Solutions revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2022$129M$842M6.5xStrategic investment

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

ki Mobility Solutions Funding History

ki Mobility Solutions has raised a total of $71M across 2 funding rounds.

ki Mobility Solutions' first fundraising round was a $12M Series A in June 2021. The most recent completed round was a $60M strategic investment round in November 2022.

ki Mobility Solutions funding rounds

ki Mobility Solutions funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2022Strategic investmentCastrol India (lead)$60M$842Mki Mobility Solutions Private Limited (KMS), a digital subsidiary of TVS Automobile Solutions and part of the USD 2 billion TVS Mobility Group, operates India's first full-stack online-to-offline (O2O) platform via myTVS, offering standardized automotive service, maintenance, repair, and spares to vehicle owners, targeting the fragmented aftermarket for ICE and EV vehicles. On November 25, 2022, Castrol India announced acquisition of a 7.09% fully diluted stake for up to INR 487.5 crore (USD 59.7-85 million equivalent in some reports), completed January 10, 2023, marking Castrol's largest all-cash deal to co-brand service networks, leverage myTVS digital capabilities, and prepare for EV transition. The investment values ki Mobility at approximately INR 6,875 million post-money, aligning with an equity issuance of INR 6,910 million by end-December 2022 as projected by management. Funds aim to scale O2O model, expand network, enhance technology platform, and grow the automotive aftermarket ecosystem, with potential globalization beyond India. This builds on prior rounds, totaling over USD 71 million raised, positioning KMS as a leader disrupting India's auto aftermarket through digital scale and proprietary tech. Castrol India, a leading lubricant provider with nationwide manufacturing and 100,000+ retail outlets, partners to combine brand equity with KMS's operations for B2C dominance and synergies in services, technology, and international markets.
Jun 2021Series APratithi Investments (lead); SeaLink Capital Partners (lead)$12M--

Who has invested in ki Mobility Solutions?

3 investors have backed ki Mobility Solutions across its funding rounds, including Pratithi Investments, SeaLink Capital Partners and Castrol India.

Lead investors include Castrol India, Pratithi Investments and SeaLink Capital Partners.


ki Mobility Solutions Investors

Investors in ki Mobility Solutions by funding rounds participated
InvestorHQRoundsRoleFirst check
SeaLink Capital PartnersIndiaMumbai1LeadJun 2021

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ki Mobility Solutions Competitors

ki Mobility Solutions competitors include listed companies like Riskified, ODDITY Tech and Rezolve AI, and private ones like Codat, Typeform and Sendcloud.

Public and private companies comparable to ki Mobility Solutions
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RiskifiedUnited StatesUnited StatesPublicly listed$345M($31M)$833M1.6x
CodatUnited KingdomLondonPrivate--$825M-
ODDITY TechUnited StatesUnited StatesPublicly listed$810M$131M$889M1.8x
TypeformSpainBarcelonaPrivate$70M-$935M13.4x
SendcloudNetherlandsEindhovenPrivate--$750M-
Rezolve AIUnited KingdomUnited KingdomPublicly listed$47M($109M)$950M4.0x

ki Mobility Solutions Public Comps

ki Mobility Solutions is still privately-owned, but its public comps include Riskified, IDOM, ODDITY Tech, Hangzhou Raycloud Tech, Shiprocket, Rezolve AI, Auction Technology Group, Auto Nejma, Vtex and THG.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Riskified$345M($31M)1.8x1.6x(20.3x)19.0x
IDOM$3.6B$147M0.4x0.3x9.0x7.8x
ODDITY Tech$810M$131M1.5x1.8x9.6x18.3x
Hangzhou Raycloud Tech$84M$719K10.6x9.8x1238.3x-
Shiprocket$211M($7M)4.3x-(131.1x)-
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)
Auction Technology Group$190M($93M)4.6x3.5x(9.3x)10.1x
Auto Nejma$444M$58M1.4x-10.7x-

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Common questions about ki Mobility Solutions

When was ki Mobility Solutions founded?ki Mobility Solutions was founded in 2018.
Where is ki Mobility Solutions headquartered?ki Mobility Solutions is headquartered in Chennai, India.
Is ki Mobility Solutions publicly listed?No, ki Mobility Solutions is a private, VC-backed company.
What is ki Mobility Solutions' valuation?ki Mobility Solutions was last valued at $842M in its strategic investment round in November 2022.
How much funding has ki Mobility Solutions raised?ki Mobility Solutions has raised $71M across 2 funding rounds.
What was ki Mobility Solutions' last funding round?ki Mobility Solutions' last funding round was a $60M strategic investment round in November 2022, led by Castrol India.
Who are ki Mobility Solutions' investors?ki Mobility Solutions' investors include SeaLink Capital Partners, Castrol India and Pratithi Investments.
What is ki Mobility Solutions' revenue?ki Mobility Solutions' latest recorded revenue is $129M (November 2022).
What is ki Mobility Solutions' revenue multiple?ki Mobility Solutions' latest valuation implies a 6.5x revenue multiple ($842M valuation on $129M of revenue).
Which companies are comparable to ki Mobility Solutions?Companies comparable to ki Mobility Solutions include Riskified, Codat, ODDITY Tech, Typeform, Sendcloud and Rezolve AI.

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