About StaTwig
StaTwig is a company based in Hyderabad (India) founded in 2016 by Harsha Kethineni, Keerthi Reddy Kotta, Nrupul Ponugoti, and Sid Chakravarthy. It operates as a Blockchain-as-a-Service and Managed Services. StaTwig has raised $25 thousand across 5 funding rounds from investors including Techstars, Trinity Challenge and UNICEF Innovation Fund. StaTwig offers products and services including VaccineLedger, Nutrition Supply Chain Solution, and Animal Health Supply Chain Solution. StaTwig operates in a competitive market with competitors including Trimble, FourKites, ORBCOMM, Amber Road and Everstream Analytics, among others.
- Headquarter Hyderabad, India
- Founders Harsha Kethineni, Keerthi Reddy Kotta, Nrupul Ponugoti, Sid Chakravarthy
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website statwig.com
- Social LinkedIn X Facebook YouTube
- Legal Name Statwig Technology Services Private Limited
- Date of Incorporation 25 Jul, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.27 Cr
FY 2024 · +89% YoY
- Net Profit₹12.1 Lakh
FY 2024 · 5% margin
- EBITDA₹19.3 Lakh
FY 2024 · 9% margin
- Total Equity Funding$25K (USD)
in 5 rounds
- InvestorsTechstars
& 4 more
Associated legal entities of StaTwig
StaTwig operates through Statwig Technology Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Statwig Technology Services Private Limited CIN U74999TG2016PTC111090 | Active | 25 Jul 2016 | Hyderabad, Telangana | ₹2.3 Cr | – | 3 | View details |
Products & Services of StaTwig
StaTwig offers a comprehensive portfolio of products and services, including VaccineLedger, Nutrition Supply Chain Solution, and Animal Health Supply Chain Solution.
Vaccine tracking is enabled from manufacturing to delivery.
Nutrition delivery is optimized for vulnerable population health.
Animal health products are tracked for food security.
Apps and channels of StaTwig
its YouTube channel StaTwig has 30 subscribers.
Funding Insights of StaTwig
StaTwig has successfully raised a total of $25K across 5 strategic funding rounds. 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 $25,000
- Total Rounds 5
- Investors Count 5
All 5 funding rounds of StaTwig 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 |
|---|---|---|---|---|---|
| Mar 2022 | – | Seed | – | Techstars | – |
| Jun 2021 | $660,000 | Grant | – | – | |
| Dec 2018 | $99,000 | Grant | – | – | |
| Jun 2018 | $25,000 | Seed | – | – | |
| Aug 2017 | – | Seed | – | – |
5 investors in total: 5 institutional.
Investors in StaTwig
StaTwig has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Techstars, Trinity Challenge and UNICEF Innovation Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Early-stage tech investments are made globally in innovative sectors. | – | unicefinnovationfund.org | New York, United States | |
Insurance Tech accelerator backed by The Hartford | – | hartfordinsurtechhub.com | Hartford, United States | |
IoT startups are accelerated by a Singapore government-backed program. | – | airmaker.sg | Singapore, Singapore | |
Counseling and personal development services are provided by Trinity Challenge. | – | trinitychallenge.com | Haslet, United States |
Investor details for StaTwig
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 Statwig Technology Services Private Limited (StaTwig)
Statwig Technology Services Private Limited is the primary company behind StaTwig. The board of Statwig Technology Services Private Limited currently have 3 directors; the longest-serving is Siddhartha Chakravarthy, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddhartha Chakravarthy DIN 07569335 | Director | 25 Jul 2016 | 10 yrs 2 mo | Statwig Technology Services Private Limited |
| Kuram Dhruthi DIN 07569336 | Director | 25 Jul 2016 | 10 yrs 2 mo | Statwig Technology Services Private Limited |
| Sri Harsha Kethineni DIN 01645508 | Director | 24 May 2022 | 4 yrs 4 mo | Statwig Technology Services Private Limited |
People of StaTwig
8 people are tracked at StaTwig (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Keerthi Reddy Kotta | Co-Founder & COO | Leadership |
Nrupul Ponugoti | Co-Founder | Leadership |
Sid Chakravarthy | Co-Founder & CEO | Leadership |
Jorge Fantin | Advisor and Latam Business Development Head | Leadership |
Mansi Shah | Head Of Product | Leadership |
Arjun Muthusamy | Full-stack Designer | Team |
Sandeep Raj | People/HR Business Manager | Team |
Complete people profiles for StaTwig
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 StaTwig
Figures of Statwig Technology Services Private Limited, the primary company behind StaTwig, for FY 2024. Revenue was ₹2.27 Cr (+89% year on year). Net profit was ₹12.1 Lakh (5% margin). EBITDA was ₹19.3 Lakh (9% margin). Revenue has grown at a compounded annual rate of +30% over five years.
- ₹2.27 CrRevenue · FY 2024 · +89% YoY
- ₹12.1 LakhNet profit · 5% margin
- ₹19.3 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Statwig Technology Services Private Limited are on its company page.
Detailed financial statements for StaTwig
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 StaTwig
3 dated milestones of StaTwig across 6 years, from founding to its latest funding, stage changes and deals.
- Founded StaTwig is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Competitors of StaTwig
StaTwig 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 Trimble, FourKites, ORBCOMM, Amber Road and Everstream Analytics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trimble.com | 1978 | Sunnyvale, United States | – | 12,700 | Cloud-based positioning solutions are offered for industrial sectors. | |
| fourkites.com | 2014 | Chicago, United States | $243.3M | 301 | AI and web-based visibility solutions for supply chains are developed. | |
| orbcomm.com | 1993 | Rochelle Park, United States | $136M | 305 | M2M communication solutions for asset tracking and management are provided. | |
| amberroad.com | 1990 | East Rutherford, United States | $69.12M | 315 | Cloud-based global trade management solutions are provided to enterprises. | |
| everstream.ai | 2021 | San Marcos, United States | $74M | 28 | Supply chain risks are analyzed via AI and SaaS platforms. | |
| sourcemap.com | 2011 | New York, United States | $31.2M | – | Cloud-based supply chain tracking and tracing solutions are provided. | |
| scantrust.com | 2014 | Beijing, China | $5.53M | – | Copy-proof QR codes are provided for counterfeiting protection. | |
| trustrace.com | 2016 | Coimbatore, India | $30M | 133 | Blockchain-based traceability and sustainability solutions for the fashion industry |
Detailed competitors of StaTwig
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.
Latest news on Statwig
Complete news archive for StaTwig
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 StaTwig
10 companies that operate in the same segment as StaTwig (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Frequently Asked Questions about StaTwig
StaTwig was founded in 2016 and raised its 1st funding round 1 year after it was founded.
StaTwig is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sid Chakravarthy is the current CEO of StaTwig. They have also founded this company.
StaTwig is a funded company, having raised a total of $25K across 5 funding rounds to date.
The primary company behind StaTwig, Statwig Technology Services Private Limited, reported revenue of ₹2.27 Cr for FY 2024, up 89% year on year.
StaTwig is engaged in providing blockchain-powered solutions for supply chain transparency and efficiency. Operations are centered on public health, nutrition, and animal health sectors. Advanced tracking and real-time data visibility are utilized to minimize waste and ensure accountability. Key solutions like VaccineLedger are deployed globally, impacting vaccine distribution in countries such as Bangladesh and Costa Rica. Partnerships with organizations like UNICEF and Gavi are maintained to address critical global health challenges.
StaTwig offers VaccineLedger, Nutrition Supply Chain Solution, and Animal Health Supply Chain Solution.
StaTwig has 5 investors. Key investors include Techstars, Trinity Challenge, UNICEF Innovation Fund, Hartford InsurTech Hub, and AIRmaker.
StaTwig operates through Statwig Technology Services Private Limited.
The legal entities of StaTwig currently have 3 directors, including Sri Harsha Kethineni, Siddhartha Chakravarthy, Kuram Dhruthi.