About Qwipo
Qwipo is a Retail company based in Hyderabad (India) founded in 2018 by Siva Prasad Mamidi and Siva Morisetti. SaaS e-commerce platform for the B2B sector, designed to connect manufacturers, prime vendors, and business retailers. Qwipo has raised $5.6 million across 15 funding rounds from investors including CriticalRiver, Viwito and viwito.com. The company has 10 employees. Qwipo was last valued at $6.29 million in May 2021. Its chief executive, as recorded, is Siva Morisetti. Its Indian entity Xavica Software Solutions Private Limited reported revenue of ₹83.58 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, B2B Ecommerce and Multi-Category. Its competitors include IndiaMART, HyperPure and Udaan; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 10
- Founders Siva Prasad Mamidi, Siva Morisetti
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website qwipo.com
- Social LinkedIn X Facebook
- Legal Name Xavica Software Solutions Private Limited
- Date of Incorporation 22 Jan, 2015
- Jurisdiction Krishna, Andhra Pradesh, India
- Annual Revenue₹83.58 Cr
FY 2025 · -9% YoY
- Net Loss-₹2.14 Cr
FY 2025 · -3% margin
- EBITDA-₹1.09 Cr
FY 2025 · -1% margin
- Total Equity Funding$5.6M (USD)
in 15 rounds
- Latest Funding Round$381.21K (USD), Seed
Apr 2025
- InvestorsCriticalRiver
& 5 more
- Employee Count10
Associated legal entities of Qwipo
Qwipo operates through Xavica Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xavica Software Solutions Private Limited CIN U72300AP2015PTC096074 | Active | 22 Jan 2015 | Krishna, Andhra Pradesh | ₹83.6 Cr | 10 | 2 | View details |
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.
- Total Funding $5.6M
- Total Rounds 15
- Last Round Seed — $381,210
- First Round $34,254
(Apr 2020)
- Investors Count 6
Latest 10 of 15 funding rounds of Qwipo 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 |
|---|---|---|---|---|---|
| Apr 2025 | $381,210 | Seed | – | – | – |
| Jun 2024 | $770,214 | Seed | – | Viwito | – |
| Jun 2024 | $386,667 | Seed | – | viwito.com | – |
| May 2024 | $96,677 | Seed | – | – | – |
| Aug 2023 | $519,427 | Seed | – | – | – |
| Mar 2023 | $49,695 | Seed | – | – | – |
| Mar 2023 | $581,418 | Seed | – | – | – |
| Apr 2022 | $365,980 | Seed | – | – | – |
| Jan 2022 | $589,719 | Seed | – | – | – |
| Jan 2022 | $971,863 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2021 | $6.29M | •••••••• |
Last known valuation $6.29M (May 2021). 6 investors in total: 6 institutional.
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 viwito.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | invithal.tcc.mode | Cupertino, United States | ||
Multiple sectors are invested in by this private equity firm. | moonhillproperties.tcc.mode | Henderson, United States | ||
Offers digital transformation, consulting, and managed services for industries. | 2014 | criticalriver.com | San Jose, United States | |
| viwito.com | ||||
| viwito.tcc.mode | ||||
| sunhillenterprises.tcc.mode |
Investor details for Qwipo
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 Xavica Software Solutions Private Limited (Qwipo)
Xavica Software Solutions Private Limited is the primary company behind Qwipo. The board of Xavica Software Solutions Private Limited currently have 2 directors; the longest-serving is Sivaramakrishna Morisetti, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivaramakrishna Morisetti DIN 08618861 | Director | 22 Nov 2019 | 6 yrs 11 mo | Xavica Software Solutions Private Limited |
| Siva Prasad Mamidi DIN 08618881 | Director | 22 Nov 2019 | 6 yrs 11 mo | Xavica Software Solutions Private Limited |
People of Qwipo
16 people are tracked at Qwipo (4 in leadership, 4 in board & advisors, 8 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Siva Morisetti | Co-Founder & CEO | Leadership |
| Co-founder & CTO | Leadership | |
Raja Srinivas Rao Bijarapu | Head Business Operations | Leadership |
Ghanim Eid Bin Wogayeh | Advisor | Board & advisors |
Priya Darisini | Advisor | Board & advisors |
Kumar Babu Vanapalli | Advisor | Board & advisors |
Manish Anand | Advisor | Board & advisors |
Venkat Rao Upputuri | Manager, Sales | Team |
Shalvi Charankar | Scrum Master | Team |
Rahul Ponnoju | Software Developer | Team |
Kranthi kiran Lebaka | Lead Software Engineer | Team |
Omkar Charankar | Associate Product Manager | Team |
Vamsi Reddy | Sales Team Lead | Team |
Shilpa Chaladi | HR Manager At Qwipo | Team |
Konda Ramesh Kumar | Manager, Procurement | Team |
Complete people profiles for Qwipo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Qwipo
Figures of Xavica Software Solutions Private Limited, the primary company behind Qwipo, for FY 2025. Revenue was ₹83.58 Cr (-9% year on year). Net loss was -₹2.14 Cr (-3% margin). EBITDA was -₹1.09 Cr (-1% margin). Revenue has grown at a compounded annual rate of -3% over three years and +63% over five years.
- ₹83.58 CrRevenue · FY 2025 · -9% YoY
- -₹2.14 CrNet loss · -3% margin
- -₹1.09 CrEBITDA · -1% margin
- ₹5.66 CrPaid-up capital
- 10Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xavica Software Solutions Private Limited are on its company page.
Detailed financial statements for Qwipo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Qwipo
4 dated milestones of Qwipo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Qwipo is founded.
- Funding First funding round of $34K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $381K.
Competitors of Qwipo
Qwipo has 3 listed competitors in our database, 3 of them funded. They include IndiaMART, HyperPure and Udaan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| hyperpure.com | 2015 | Delhi, India | $1.11M | 3,302 | Food industry ingredients are supplied via a B2B platform. | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products |
Detailed competitors of Qwipo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Qwipo
The website of Qwipo (qwipo.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 18.4% vs previous month
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Qwipo (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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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 CEO of Qwipo, as recorded in our data. They have also founded this company.
Qwipo is a funded company, having raised a total of $5.6M across 15 funding rounds to date. The company's 1st funding round was a Seed of $589.72K, raised on Apr 2020.
Qwipo has 10 employees.
The primary company behind Qwipo, Xavica Software Solutions Private Limited, reported revenue of ₹83.58 Cr for FY 2025, down 9% year on year.
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, viwito.com, Sunhill Enterprises, and Invithal.
The valuation of Qwipo is $6.29M as of May 2021.
Qwipo operates through Xavica Software Solutions Private Limited.
The legal entities of Qwipo currently have 2 directors, including Sivaramakrishna Morisetti, Siva Prasad Mamidi.