BeWo Techno

Chennai, India Founded: 2010 • Age: 16 yrs Minicorn
Hardware and software terminals for rural financial payments are developed.

About BeWo Techno

BeWo Techno is a company based in Chennai (India) founded in 2010. BeWo Techno has raised $1.52 million across 4 funding rounds from investors including T T Jagannathan, Tiruvallur Thatai Lakshman and Mukund Tiruvallur Thatai. BeWo Techno operates in a competitive market with competitors including Ezetap, Presto, Mswipe, Payswiff and Innoviti, among others.

Key Metrics
  • Annual Revenue
    ₹2.97 Cr

    FY 2015 · +1851% YoY

  • Net Profit
    ₹0.00 Cr

    FY 2015 · 0% margin

  • EBITDA
    ₹0.09 Cr

    FY 2015 · 3% margin

  • Total Equity Funding
    $1.52 M (USD)

    in 4 rounds

  • Latest Funding Round
    $931.39 K (USD), Seed

    Apr 25, 2014

  • Investors

Funding Insights of BeWo Techno

BeWo Techno has successfully raised a total of $1.52M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $931.39 thousand completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.5M
  • Total Rounds 4
  • Last Round Seed — $931,391
  • First Round $45,894

    (21 Sep 2011)

  • Investors Count 8

All 4 funding rounds of BeWo Techno with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
25 Apr 2014$931,391Seed$4.1MTiruvallur Thatai Lakshman , Mukund Tiruvallur Thatai
20 Sep 2013$340,240Seed$3.1MT T Jagannathan
07 Feb 2013$206,996Angel Round$•••••Jitendra Maheshwari
–
21 Sep 2011$45,894Seed$•••••UCLA Foundation
–
Valuation history
DateValuationStage
25 Apr 2014$4.1M••••••••
20 Sep 2013$3.1M••••••••
07 Feb 2013$•••••••••••••
21 Sep 2011$•••••••••••••
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Full valuation and stage history of BeWo Techno

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
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Verified entity values are shown only after access is granted.

Last known valuation $4.1M (Apr 2014). 8 investors in total: 1 institutional and 7 angel.

Investors in BeWo Techno

BeWo Techno has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include T T Jagannathan, Tiruvallur Thatai Lakshman and Mukund Tiruvallur Thatai.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Manages endowment funds to support the University of California.
1945uclafoundation.orgLos Angeles, United States

T T Jagannathan

-
–unknown_9bf9695266c943889-

Tiruvallur Thatai Lakshman

-
–unknown_c8619d2efba042029-

Mukund Tiruvallur Thatai

-
–unknown_3c2fa91ce592476ea-

Venkatesh Tiruvallur Thatai

-
–unknown_df10230179384d0db-

Glenn Sherron Azevedo

-
–unknown_bef7784fd6344b648-

R Sampath

Angel investor and entrepreneur, co-founder of Quikr, active in Indian startup ecosystem
–unknown_5b28278f97d34a039-

Jitendra Maheshwari

-
–unknown_abc901cccd2a4a9fb-
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Investor details for BeWo Techno

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Bewo Technologies Private Limited (BeWo Techno)

Bewo Technologies Private Limited is the primary company behind BeWo Techno. The board of Bewo Technologies Private Limited currently have 2 directors; the longest-serving is Ramachandran Sampath Kumar, appointed in 2010. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramachandran Sampath Kumar
DIN 03102742
Managing Director13 Sep 201016 yrsBewo Technologies Private Limited
Sharad Pawar Narayanarao
DIN 03108712
Managing Director13 Sep 201016 yrsBewo Technologies Private Limited

Financials of BeWo Techno

Figures of Bewo Technologies Private Limited, the primary company behind BeWo Techno, for FY 2015. Revenue was ₹2.97 Cr (+1851% year on year). Net profit was ₹0.00 Cr (0% margin). EBITDA was ₹0.09 Cr (3% margin).

  • ₹2.97 CrRevenue · FY 2015 · +1851% YoY
  • ₹0.00 CrNet profit · 0% margin
  • ₹0.09 CrEBITDA · 3% margin
  • ₹0.02 CrPaid-up capital
  • 57Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Bewo Technologies Private Limited are on its company page.

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Detailed financial statements for BeWo Techno

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of BeWo Techno

4 dated milestones of BeWo Techno across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded BeWo Techno is founded.
  2. Funding First funding round of $46K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $931K.

Competitors of BeWo Techno

BeWo Techno operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ezetap, Presto, Mswipe, Payswiff and Innoviti, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ezetap.com2011Bengaluru, India$66.4M532
Cloud-based mPOS software and hardware solutions are provided for businesses.
presto.com2008San Carlos, United States$82.6M137
Drive-through automation solutions for restaurants are provided using AI.
mswipe.com2011Mumbai, India$125.9M1,088
Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
payswiff.com2013Hyderabad, India$12.8M457
Provider of POS and MPOS solutions for businesses to accept card payments
innoviti.com2002Bengaluru, India$141.0M198
Integrated online and offline payment solutions are provided for businesses.
evolute.in1970Mumbai, India$240,671213
Embedded systems for fintech and payments are designed and manufactured.
myoxigen.com2004Gurugram, India$50.2M159
POS software is offered for online and offline business transactions.
2can.ru2012Moscow, Russia$9.6M–
Card payments are enabled on smartphones for Russian merchants.
signcatch.com2014Delhi, India$1.5M2
SaaS-based PoS platform integrates systems with websites and mobile apps.
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Detailed competitors of BeWo Techno

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Latest news on Bewo Techno

BeWo to expand presence
The Hindu • 9 years ago
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Complete news archive for BeWo Techno

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to BeWo Techno

10 companies that operate in the same segment as BeWo Techno (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about BeWo Techno

BeWo Techno was founded in 2010 and raised its 1st funding round 1 year after it was founded.

BeWo Techno is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

BeWo Techno is a funded company, having raised a total of $1.52M across 4 funding rounds to date. The company's 1st funding round was a Seed of $45.89K, raised on Sep 21, 2011.

The primary company behind BeWo Techno, Bewo Technologies Private Limited, reported revenue of ₹2.97 Cr for FY 2015, up 1851% year on year.

BeWo Techno was founded in 2010 in Chennai, India, focusing on the fintech sector. Hardware and software-based terminals are provided for the rural financial market, allowing merchants to process credit and debit card payments. Additional solutions for billing and inventory management are offered to support operations in underserved areas. The companys domain is bewotechno.com.

BeWo Techno's top competitors include Ezetap, Presto and Mswipe.

BeWo Techno has 8 investors. Key investors include T T Jagannathan, Tiruvallur Thatai Lakshman, Mukund Tiruvallur Thatai, Venkatesh Tiruvallur Thatai, and Glenn Sherron Azevedo.

The valuation of BeWo Techno is $4.13M as of Apr 2014.

BeWo Techno operates through Bewo Technologies Private Limited.

The legal entities of BeWo Techno currently have 2 directors, including Ramachandran Sampath Kumar, Sharad Pawar Narayanarao.

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