TowMan

TowMan

Private
Chennai, Tamil NaduMobility, Transportation & Logisticshttps://www.towman.in

Last Round

Accelerator

May 12, 2025

Total Funding Raised

$123,000

Momentum Score

75 /100

Company Overview

TowMan, legally known as Ywe Auto Assist India Private Limited, is a provider of 24/7 roadside assistance and vehicle towing services across India. Founded in 2021 and based in Chennai, the company offers support for bikes, cars, and commercial vehicles. Services include towing, flat tire assistance, jump starts, fuel delivery, and lockout services. TowMan is a venture-backed startup that received seed funding from the Government of Tamil Nadu as part of the StartupTN initiative to support entrepreneurs from SC/ST communities. The company aims to improve the roadside assistance industry through a network of verified vendors and a focus on safety, transparency, and quick response times.

Sector

Mobility, Transportation & Logistics

Verticals

Freight & Transportation, Subscription Commerce

Business Model

B2C

Customer Profile

Subscription SaaS, Marketplace Commission, Government Contracts

AI Layer

Non-AI

Keywords

roadside assistanceRSAtowing serviceroadside assistance subscriptionbreakdown serviceemergency vehicle servicecar towingbike towingbattery jumpstartflat tire assistanceroadside assistance applockout assistancefuel deliveryon-demand towing

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Caplight Momentum Score

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TowMan Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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TowMan Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
AcceleratorMay 12, 2025
SeedJan 27, 2023

Key People

Founding team and executive leadership

Silambarasan Ramakrishnan

Founder CEO

Founding Team

TowMan Investors

Notable investors and investment history

InvestorRounds
Government of Tamil NaduSeed
StartupTNSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 19, 2025

    Added atherelectricdealer, an EV startup, as a customer.

TowMan Filings

SEC and related filings with document metadata.

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TowMan Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about TowMan's valuation, stock price, and market status.

Firmographic Details

HeadquartersChennai, Tamil Nadu
Employee Range19
Year Founded2021
Last FundingMay 12, 2025

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