About Qwipo
Qwipo is a company based in Hyderabad (India) founded in 2018 by Siva Prasad Mamidi and Siva Morisetti. Qwipo has raised $5.6 million across 15 funding rounds from investors including CriticalRiver, Viwito and unknown. The company has 10 employees as of April 05, 2024. Qwipo operates in a competitive market with competitors including IndiaMART, Moglix, HyperPure, Udaan and Jumbotail, among others.
- Headquarter Hyderabad, India
- Employees 10 as on 05 Apr, 2024
- Founders Siva Prasad Mamidi, Siva Morisetti
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Xavica Software Solutions Private Limited
- Date of Incorporation 22 Jan, 2015
- Jurisdiction Krishna, Andhra Pradesh, India
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Annual Revenue
$10.98 M (USD)-1.01as on Mar 31, 2023
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Net Profit
-$670.5 K (USD)43.72as on Mar 31, 2023
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EBITDA
-$600.23 K (USD)44.96as on Mar 31, 2023
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Total Equity Funding
$5.6 M (USD)
in 15 rounds
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Latest Funding Round
$381.21 K (USD), Seed
Apr 09, 2025
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Investors
CriticalRiver
& 5 more
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Employee Count
10
as on Apr 05, 2024
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People of Qwipo
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Funding Insights of Qwipo
Qwipo has successfully raised a total of $5.6M across 15 strategic funding rounds. The most recent funding activity was a Seed round of $381.21 thousand completed in April 2025. 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.
Investors in Qwipo
Qwipo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include CriticalRiver, Viwito and unknown.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on multiple sectors
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Multiple sectors are invested in by this private equity firm.
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Offers digital transformation, consulting, and managed services for industries.
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Investor details for Qwipo
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Investments & Acquisitions by Qwipo
Investment portfolio details for Qwipo
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Financial Statements - Qwipo
Detailed financials for Qwipo
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Qwipo Comparisons
Peer comparison for Qwipo
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Competitors of Qwipo
Qwipo 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 IndiaMART, Moglix, HyperPure, Udaan and Jumbotail, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online B2B marketplace connecting buyers and suppliers of diverse industrial products
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Multi-category products are supplied via a B2B marketplace platform.
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Food industry ingredients are supplied via a B2B platform.
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Online marketplace offering multi-category products
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B2B marketplace platform connecting retailers with brands and staples producers
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Local wholesale businesses are facilitated via an e-distribution platform.
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Detailed competitors of Qwipo
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Latest news on Qwipo
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Frequently Asked Questions about Qwipo
Qwipo was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Qwipo is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Siva Morisetti is the current CEO of Qwipo. They have also founded this company.
Qwipo is a funded company, having raised a total of $5.6M across 15 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Qwipo is 10.
Annual revenue of Qwipo is $10.98M as on Mar 31, 2023.
Qwipo was founded in 2018 and is headquartered in Hyderabad, India. A SaaS-based e-commerce platform is operated in the B2B sector to link manufacturers, prime vendors, and business retailers. Challenges in product discovery, sourcing, credit facilitation, and logistics are addressed through advanced technology integration. Secure transactions are facilitated among stakeholders, with operations focused on streamlining supply chain processes in the Indian market.
Qwipo has 6 investors. Key investors include CriticalRiver, Viwito, unknown, Sunhill Enterprises, and Invithal.
The valuation of Qwipo is $6.29M as of May 2021.