About DwiseSolutions
DwiseSolutions was a Technology company based in Bengaluru (India) founded in 2008. It provides comprehensive business process management solutions. It operates on a B2B model. DwiseSolutions has raised $25.52 thousand across 1 funding round from investors including Italent. The company has 6 employees. DwiseSolutions was last valued at $784.04 thousand in November 2009. The company is recorded as dissolved. Its focus areas include Information Technology, Business Services, Process Management and Solutions Provider. Its legal entity in India is Dwise Ites Private Limited (U72300KA2012PTC064173).
Company details
DwiseSolutions, based in Bengaluru, focuses on information technology, providing business support, process management, and solutions provider. Provides comprehensive business process management solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 6
- SectorsTechnology
- Website dwisesolutions.com
- Social Facebook
- Legal Name Dwise Ites Private Limited
- Date of Incorporation 29 May, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue$2.58 K (USD)as on Mar 31, 2022
- Total Equity Funding$25.52K (USD)
in 1 rounds
- Latest Funding Round$25.52K (USD), Seed
Nov 2009
- Employee Count6
Associated legal entities of DwiseSolutions
DwiseSolutions is associated with 3 registered companies on The Company Check; the primary company is Dwise Ites Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dwise Ites Private Limited CIN U72300KA2012PTC064173 | Strike Off | 29 May 2012 | Bangalore, Karnataka | 2 | View details | ||
| Xcelaudit Technologies Llp CIN AAV-2991 | Active | 31 Dec 2020 | Bangalore, Karnataka | 2 | View details | ||
| Dwise Solutions And Services Private Limited CIN U31409KA2007PTC042748 | Active | 09 May 2007 | Bangalore, Karnataka | ₹0.0 Cr | 10 | 2 | View details |
Funding Insights of DwiseSolutions
DwiseSolutions has successfully raised a total of $25.52K through 1 strategic funding round. The most recent funding activity was a Seed round of $25.52 thousand completed in November 2009. 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 $25,522
- Total Rounds 1
- Last Round Seed — $25,522
- First Round $25,522
(Nov 2009)
- Investors Count 1
All 1 funding rounds of DwiseSolutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2009 | $25,522 | Seed | $784,039 | Italent | – |
Last known valuation $784,039 (Nov 2009). 1 investors in total: 1 institutional.
Investors in DwiseSolutions
DwiseSolutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Italent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investor details for DwiseSolutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dwise Ites Private Limited (DwiseSolutions)
Dwise Ites Private Limited is the primary company behind DwiseSolutions. The boards of the 3 registered companies of DwiseSolutions currently have 3 directors; the longest-serving is Kumarasamy Srikanthan, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumarasamy Srikanthan DIN 05276283 | Director | 29 May 2012 | 14 yrs 5 mo | Dwise Ites Private Limited |
| Reena Koipuram Rasheed DIN 01226036 | Designated Partner | 31 Dec 2020 | 5 yrs 10 mo | Xcelaudit Technologies Llp, Dwise Solutions And Services Private Limited |
| Rasheed Vellooparam Riyad DIN 02241983 | Designated Partner | 31 Dec 2020 | 5 yrs 10 mo | Xcelaudit Technologies Llp, Dwise Ites Private Limited, Dwise Solutions And Services Private Limited |
Timeline of DwiseSolutions
2 dated milestones of DwiseSolutions across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DwiseSolutions is founded.
- Funding First funding round of $26K.
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Frequently Asked Questions about DwiseSolutions
DwiseSolutions was founded in 2008 and raised its 1st funding round 1 year after it was founded.
DwiseSolutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DwiseSolutions is a funded company, having raised a total of $25.52K across 1 funding round to date. The company's 1st funding round was a Seed of $25.52K, raised on Nov 2009.
DwiseSolutions has 6 employees.
Annual revenue of DwiseSolutions is $2.58K as on Mar 31, 2022.
DwiseSolutions, based in Bengaluru, focuses on information technology, providing business support, process management, and solutions provider. Provides comprehensive business process management solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
DwiseSolutions has 1 investor. Key investors include Italent.
The valuation of DwiseSolutions is $784.04K as of Nov 2009.
DwiseSolutions is associated with 3 legal entities: Dwise Ites Private Limited, Xcelaudit Technologies Llp, Dwise Solutions And Services Private Limited.
The legal entities of DwiseSolutions currently have 3 directors, including Reena Koipuram Rasheed, Rasheed Vellooparam Riyad, Kumarasamy Srikanthan.