Latest news with #Tunwal
Business Standard
29-05-2025
- Automotive
- Business Standard
Tunwal E-Motors Limited (NSE SYMBOL: TUNWAL) Achieves 75% Revenue Growth in FY 25 to Rs184.86 Cr
PNN Mumbai (Maharashtra) [India], May 29: Tunwal E-Motors Ltd (NSE - Tunwal), a leading electric two-wheeler manufacturer in India, has delivered an outstanding performance in FY 2024-25 with a 75.17% increase in revenue, totaling Rs184.86 crore, compared to Rs105.53 crore in the previous fiscal year. This significant growth highlights the company's strong foothold in the rapidly evolving electric mobility space. Tunwal also reported a net profit of Rs11.85 crore for FY25, with Earnings Per Share (EPS) at Rs2.32. The Board of Directors declared a final dividend of Rs0.10 per share, reflecting confidence in the company's long-term growth and profitability. Strong H2 Performance and Channel Expansion In the second half of FY25 alone, Tunwal registered Rs109.41 crore in revenue, representing a robust 82.28% year-on-year growth. Net profit for the period stood at Rs6.47 crore. This performance is backed by growing demand, expanding dealer networks, and rising brand trust. Successful Participation at Auto Cluster Expo 2025 | Strengthens Market Expansion with 200+ units B2B Orders at Auto Cluster Expo Tunwal's impactful participation at the Auto Cluster Expo 2025, held from 23rd to 25th May 2025, showcased the company's momentum in both consumer and business segments. Tunwal generated direct and measurable returns. On the B2B front, over 200 electric two-wheeler orders were placed by dealers, with exclusive rewards offered on select volumes. Additionally, 2 vehicles were sold directly to consumers (B2C), validating rising walk-in interest and market pull.
Business Mayor
24-05-2025
- Business
- Business Mayor
India Ranks Second Globally in Funding for Women-Led Tech Startups
A Thriving Ecosystem As of 2025, India is home to over 7,000 active women-led startups, representing around 7.5% of all startups in the country. While this percentage may appear modest, the funding figures tell a more encouraging story. The year 2021 proved to be a landmark year for women-led startups in India, with funding peaking at $6.3 billion. Bengaluru Leads the Charge Among Indian cities, Bengaluru stands out as the clear leader—not only in terms of the number of women-led startups but also the total funding raised. Mumbai and Delhi NCR follow closely, reflecting the emergence of robust startup ecosystems in these metro areas. Unicorn Highs and Lows IPOs and Acquisitions Five women-led startups successfully went public in 2024—MobiKwik, Usha Financial, Tunwal, Interiors & More, and LawSikho. However, acquisitions have seen a noticeable decline. From 45 in 2021, the number dropped to 16 in 2024, suggesting a need for more robust exit opportunities and industry confidence. India on the Global Stage Sectors Powering the Growth Retail leads the pack as the most funded sector for women entrepreneurs, with $7.8 billion raised. Edtech follows at $5.4 billion, and enterprise technology at $5 billion. B2C e-commerce, internet-first brands, and fashion tech are also gaining momentum, signalling a healthy diversification across industries. Women at the Helm of Change Prominent women-led startups like Zomato ($1.7 billion in funding), Pine Labs, and Lenskart ($1 billion each) have proven that women-led companies can scale significantly and go public. Others like OfBusiness, and ACKO are making waves in sectors such as B2B commerce, health tech, and insurtech. Read More Thierry Bolloré joins About:Energy's Board of Directors Ventures like LivSpace, Amagi, Table Space, and The Good Glamm Group are pushing the envelope in proptech, SaaS, and digital-first consumer brands—sectors that are shaping the future of business and lifestyle in India. The Road Ahead While women-led startups have made remarkable progress, the road ahead calls for greater ecosystem support. Addressing funding disparities, creating more inclusive mentorship channels, and celebrating success stories can inspire the next generation of women entrepreneurs.
