About SW Wallet
SW Wallet was a Technology company based in Bengaluru (India) founded in 2017. It serves as a mobile wallet app for secure transactions. It operates on a B2C model. Its Indian entity Swbuddy Services India Private Limited reported revenue of ₹12 Lakh. The company is recorded as dissolved. Its focus areas include Finance, Fintech, Mobile Payments and Wallet Applications. Similar companies include PhonePe, MobiKwik and Paytm; 3 of its 3 listed similar companies have raised funding.
Company details
SW Wallet operates with a B2C model, focusing on finance, fintech, facilitating mobile payments, and wallet applications. Serves as a mobile wallet app for secure transactions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website swwallet.com
- Legal Name Swbuddy Services India Private Limited
- Date of Incorporation 24 May, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹12 Lakh
FY 2020 · +6610% YoY
- Net Loss-₹60,409
FY 2020 · -5% margin
- EBITDA₹4.4 Lakh
FY 2020 · 37% margin
Associated legal entities of SW Wallet
SW Wallet operates through Swbuddy Services India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Swbuddy Services India Private Limited CIN U74999KA2017PTC103292 | Active | 24 May 2017 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Board of directors of Swbuddy Services India Private Limited (SW Wallet)
Swbuddy Services India Private Limited is the primary company behind SW Wallet. The board of Swbuddy Services India Private Limited currently have 2 directors; the longest-serving is Anirudh, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anirudh DIN 08999424 | Director | 18 Dec 2020 | 5 yrs 10 mo | Swbuddy Services India Private Limited |
| Suryaprakash DIN 08999348 | Director | 18 Dec 2020 | 5 yrs 10 mo | Swbuddy Services India Private Limited |
Financials of SW Wallet
Figures of Swbuddy Services India Private Limited, the primary company behind SW Wallet, for FY 2020. Revenue was ₹12 Lakh (+6610% year on year). Net loss was -₹60,409 (-5% margin). EBITDA was ₹4.4 Lakh (37% margin).
- ₹12 LakhRevenue · FY 2020 · +6610% YoY
- -₹60,409Net loss · -5% margin
- ₹4.4 LakhEBITDA · 37% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Swbuddy Services India Private Limited are on its company page.
Detailed financial statements for SW Wallet
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Similar companies to SW Wallet
SW Wallet has 3 listed similar companies in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed similar companies of SW Wallet
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Frequently Asked Questions about SW Wallet
SW Wallet was founded in 2017.
SW Wallet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind SW Wallet, Swbuddy Services India Private Limited, reported revenue of ₹12 Lakh for FY 2020, up 6610% year on year.
SW Wallet operates with a B2C model, focusing on finance, fintech, facilitating mobile payments, and wallet applications. Serves as a mobile wallet app for secure transactions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
SW Wallet operates through Swbuddy Services India Private Limited.
The legal entities of SW Wallet currently have 2 directors, including Anirudh, Suryaprakash.