Company Intelligence Profile

Wheelsemi Private Limited

Wheelsemi Private Limited (WheelsEMI) is a Pune-based non-banking finance company that finances pre-owned two-wheeler purchases in India.

CIN: U65900PN1997PTC174673ActiveRoC Maharashtra

Last updated 26 October 2026

AI OverviewGenerated from public records

Wheelsemi Private Limited, known as WheelsEMI, is a non-banking finance company based in Pune, Maharashtra. It finances pre-owned two-wheeler purchases in India and securitises vehicle loan receivables. The company was incorporated on 15 April 1997 and is an unlisted private company. It raised a Series B of about ₹100 Cr in 2019, after a Series A of ₹23 Cr in 2017. Revenue for FY2023-24 was in the ₹100-500 Cr band.

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

See what AICA knows about Wheelsemi

Deeper analysis, financial signals and peer comparisons.

Book a demo

Company Identity

Registered nameWheelsemi Private Limited
CINU65900PN1997PTC174673
StatusActive
ListingUnlisted
Incorporated15 April 1997
ROCRoC Maharashtra
Sector (NIC)Financial Services
Registered address3A Sham Shankuntal Heights, Modi Baug, Ganeshkhind Road, behind Deccan Wheels Showroom, Shivajinagar, Pune, Maharashtra 411016
Authorized capitalRs 55.8 crore
Paid-up capitalRs 50.1 crore

Business Overview

  • Wheelsemi Private Limited is a non-banking finance company (NBFC) based in Pune, Maharashtra.
  • It finances the purchase of pre-owned two-wheelers in India under the WheelsEMI name.
  • It also securitises vehicle loan receivables.
  • The company was incorporated on 15 April 1997 and is an unlisted private company.

Directors

NameDINRoleAppointed
Srinivas Kantheti07175444Managing Director-
Karunakaran Vadakkepat07622601Whole-time Director-
Milind Shripad Sarwate00109854Director-
Aditya Deepak Parekh02848538Nominee Director-
Dilip Moreshwar Apte07873563Director-
Christina Stefanie Juhasz06451902Nominee Director-
Shikha Gupta00418080Nominee Director-

Financials

FY2023-24
  • Revenue band ₹100-500 Cr

Funding

  • 2019: Series B of about ₹100 Cr (about US$14M); Faering Capital invested ₹64 Cr and Elevar Equity invested ₹36 Cr
  • 2017: Series A of ₹23 Cr from Elevar

Charges & Borrowings

Catalyst Trusteeship Limited₹183.2 Cr
Northern Arc Capital Limited₹160.0 Cr
MAS Financial Services Limited₹110.0 Cr

Frequently Asked Questions

What does Wheelsemi Private Limited do?
Wheelsemi Private Limited, known as WheelsEMI, is a non-banking finance company. It finances pre-owned two-wheeler purchases in India and also securitises vehicle loan receivables.
When was Wheelsemi Private Limited incorporated?
Wheelsemi Private Limited was incorporated on 15 April 1997. It is an unlisted private company.
Where is Wheelsemi Private Limited registered?
The registered office is in Shivajinagar, Pune, Maharashtra 411016. The company is registered with the Registrar of Companies, Maharashtra.
What is the CIN of Wheelsemi Private Limited?
The CIN of Wheelsemi Private Limited is U65900PN1997PTC174673.
Who are the directors of Wheelsemi Private Limited?
Directors include Srinivas Kantheti (Managing Director), Karunakaran Vadakkepat (Whole-time Director), Milind Shripad Sarwate, Dilip Moreshwar Apte, and nominee directors Aditya Deepak Parekh, Christina Stefanie Juhasz and Shikha Gupta.

Recur Market

Which lenders fit a company like Wheelsemi Private Limited?

Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.

Similar Financial Services companies

More on Recur Club

Explore on Recur Club

More from Recur Club

Looking for business funding?

Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.