About Venwiz
Venwiz is a company based in Bengaluru (India) founded in 2020 by Rajesh Reddy and Sandesh Paturi. Venwiz has raised $11.36 million across 2 funding rounds from investors including Accel, Nexus Venture Partners and Riverwalk Holdings. The company has 52 employees as of April 02, 2024. Venwiz operates in a competitive market with competitors including Zetwerk, Bijnis, ZYOD, Fashinza and Prodo, among others.
- Headquarter Bengaluru, India
- Employees 52 as on 02 Apr, 2024
- Founders Rajesh Reddy, Sandesh Paturi
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingRetail
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Email
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Phone
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Website
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Social
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- Legal Name Venwiz Technologies Private Limited
- Date of Incorporation 24 Aug, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$164.34 K (USD)58.43as on Mar 31, 2023
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Net Profit
-$1.35 M (USD)-147.12as on Mar 31, 2023
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EBITDA
-$1.32 M (USD)-174.47as on Mar 31, 2023
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Total Equity Funding
$11.36 M (USD)
in 2 rounds
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Latest Funding Round
$8.3 M (USD), Series A
Feb 15, 2023
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Investors
Accel
& 21 more
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Employee Count
52
as on Apr 02, 2024
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People of Venwiz
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Funding Insights of Venwiz
Venwiz has successfully raised a total of $11.36M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.3 million completed in February 2023. 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 Venwiz
Venwiz has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Nexus Venture Partners and Riverwalk Holdings.
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Investment firm offering funding solutions to early stage tech companies
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Accel is recognized as a leading venture capital firm.
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Investor details for Venwiz
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Investments & Acquisitions by Venwiz
Investment portfolio details for Venwiz
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Financial Statements - Venwiz
Detailed financials for Venwiz
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Venwiz Comparisons
Peer comparison for Venwiz
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Competitors of Venwiz
Venwiz 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 Zetwerk, Bijnis, ZYOD, Fashinza and Prodo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturing solutions are provided for industrial and consumer sectors.
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Online platform offering B2B sourcing and trading solutions
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End-to-end fashion manufacturing support is provided through digital tools.
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AI-enabled production solutions are offered for the fashion industry.
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Manufacturing services are provided via an online digital marketplace.
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Detailed competitors of Venwiz
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Latest news on Venwiz
Complete news archive for Venwiz
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Frequently Asked Questions about Venwiz
Venwiz was founded in 2020.
Venwiz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rajesh Reddy is the current CEO of Venwiz. They have also founded this company.
Venwiz is a funded company, having raised a total of $11.36M across 2 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Venwiz is 52.
Annual revenue of Venwiz is $164.34K as on Mar 31, 2023.
Venwiz was established in 2020 and is based in Bengaluru, India. A digital marketplace is operated to handle capex procurement and vendor management in the manufacturing sector. Manufacturers are linked to vendors through a discovery-based approach, with project execution supported by a centralized system for industrial services. Operations focus on efficient sourcing and management processes across the industry.
Venwiz has 22 investors. Key investors include Accel, Nexus Venture Partners, Riverwalk Holdings, Kettleborough VC, and Force Ventures.
The valuation of Venwiz is $9.1M as of Dec 2020.