About DhiWise
DhiWise is a company based in Surat (India) founded in 2021 by Vishal Virani and Rahul Vallabhbhai Shingala.. DhiWise has raised $9.96 million across 5 funding rounds from investors including Angel List, Accel and Dholakia Ventures. The company has 57 employees as of March 29, 2024. DhiWise offers products and services including Requirement Builder, Project Planner, Design Converter, and Coding Assistant. DhiWise operates in a competitive market with competitors including Locofy, Anima, Kombai, Uizard and Codejet, among others.
- Headquarter Surat, India
- Employees 57 as on 29 Mar, 2024
- Founders Vishal Virani, Rahul Vallabhbhai Shingala
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Dhiwise Private Limited
- Date of Incorporation 20 Apr, 2021
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$248.53 K (USD)437.73as on Mar 31, 2023
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Net Profit
$-905.28 K (USD)-11.32as on Mar 31, 2023
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EBITDA
$-1.13 M (USD)-37.84as on Mar 31, 2023
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Total Equity Funding
$9.96 M (USD)
in 5 rounds
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Latest Funding Round
$65.95 K (USD), Series A
Mar 13, 2024
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Investors
Angel List
& 10 more
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Employee Count
57
as on Mar 29, 2024
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Products & Services of DhiWise
DhiWise offers a comprehensive portfolio of products and services, including Requirement Builder, Project Planner, Design Converter, and Coding Assistant. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates generation of project requirements from ideas quickly.
Streamlines architecture and task planning for efficient projects.
Converts Figma designs into production-ready code instantly.
Automates repetitive coding tasks and API integrations easily.
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Funding Insights of DhiWise
DhiWise has successfully raised a total of $9.96M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $65.95 thousand completed in March 2024. 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 Total Funding
- Total Rounds 5
- Last Round Series A — $65,951
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First Round
First Round
(18 Jan 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series A - DhiWise | Valuation | Angel List |
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| Nov, 2022 | Amount | Series A - DhiWise | Valuation |
investors |
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| Aug, 2022 | Amount | Series A - DhiWise | Valuation | Accel , Together |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DhiWise
DhiWise has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Accel and Dholakia Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Pre-seed acceleration is provided sector-agnostically to startups by Accel Atoms.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage investments are made in AI-native startups by Together Fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DhiWise
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DhiWise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dhiwise Comparisons
Competitors of DhiWise
DhiWise 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 Locofy, Anima, Kombai, Uizard and Codejet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Platform offering low code web application development software
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| domain | founded_year | HQ Location |
Automated UI/UX prototyping is enabled through a cloud-based platform.
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| domain | founded_year | HQ Location |
AI is leveraged to convert UI designs into frontend code.
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| domain | founded_year | HQ Location |
Designs are transformed into code via cloud-based neural networks.
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| domain | founded_year | HQ Location |
Designs are converted into production-ready code via the platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DhiWise
When was DhiWise founded?
DhiWise was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is DhiWise located?
DhiWise is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Who is the current CEO of DhiWise?
Vishal Virani is the current CEO of DhiWise. They have also founded this company.
Is DhiWise a funded company?
DhiWise is a funded company, having raised a total of $9.96M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jan 18, 2022.
How many employees does DhiWise have?
As of Mar 29, 2024, the latest employee count at DhiWise is 57.
What is the annual revenue of DhiWise?
Annual revenue of DhiWise is $248.53K as on Mar 31, 2023.
What does DhiWise do?
DhiWise was founded in 2021 in Surat, India, within the software development sector. A platform is offered for automating the programming process, where designs are translated into code. Reusable components are generated to support the development lifecycle. Key features encompass component identification, real-time previews, and Flutter integration, aiding developers in code creation across operations.
What products or services does DhiWise offer?
DhiWise offers Requirement Builder, Project Planner, Design Converter, and Coding Assistant.
Who are DhiWise's investors?
DhiWise has 11 investors. Key investors include Angel List, Accel, Dholakia Ventures, India Quotient, and Accel Atoms.
What is DhiWise's valuation?
The valuation of DhiWise is $30.88M as of Mar 2024.