Watasale

Kochi, India Founded: 2018 • Age: 8 yrs Acquired By Amazon
Automated AI-based retail stores and smart cashier solutions are provided.
Annual revenue $952,276 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Watasale

Watasale is a company based in Kochi (India) founded in 2018 was acquired by Amazon in September 2022. Watasale operates in a competitive market with competitors including ITAB, Everseen, BillerX, Hopq and Zwing, among others.

  • Headquarter Kochi, India
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Nayasale Retail Private Limited
  • Date of Incorporation 26 Jul, 2018
  • Jurisdiction Cochin, Kerala, India
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $952.28 K (USD)
    8407.46
    as on Mar 31, 2020
  • Net Profit
    $29.47 K (USD)
    175.65
    as on Mar 31, 2020
  • EBITDA
    $24.18 K (USD)
    151.28
    as on Mar 31, 2020
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Amazon

    (Sep 30, 2022)

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Funding Insights of Watasale

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Detailed funding history for Watasale

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Investors in Watasale

Watasale has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Amazon.

All
Institutional
Investor Description Founded Year Domain Location
Multi-category products are offered through an online marketplace.
Locked Locked Locked
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Investor details for Watasale

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Investments & Acquisitions by Watasale

Investments
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Investment portfolio details for Watasale

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Financial Statements - Watasale

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Watasale Comparisons

Watasale Primary company
Description
Automated AI-based retail stores and smart cashier solutions...
Location
Kochi, India
Founded Year
2018
Annual Revenue
$952.28 K (USD)
Net Profit
$29.47 K (USD)
EBITDA
$24.18 K (USD)
Employees
Not available
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Peer comparison for Watasale

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Competitors of Watasale

Watasale 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 ITAB, Everseen, BillerX, Hopq and Zwing, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Self-checkout solutions are provided for retail businesses worldwide.
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AI-based theft detection is offered for offline retail stores.
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Provides a self-checkout solution for brick-and-mortar stores, enabling contactless payments to reduce queues and prevent cart abandonment.
Locked Locked Locked
Provides a cloud-based self-checkout system for offline retail stores.
Locked Locked Locked
Self-checkout is facilitated for offline retail via mobile QR scanning.
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Detailed competitors of Watasale

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Latest news on Watasale

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Complete news archive for Watasale

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Frequently Asked Questions about Watasale

Watasale was founded in 2018.

Watasale is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

Annual revenue of Watasale is $952.28K as on Mar 31, 2020.

Watasale was founded in 2018 in Kochi, India, within the AI-driven retail technology sector. An omnichannel self-service smart cashier solution is offered, incorporating consumer biometric identification, shopping path analysis, and purchasing behavior evaluation. Automated payment processing is facilitated, alongside other retail optimization features. A mobile application is available for Android and iOS users to support these operations.

Watasale's top competitors include ITAB, Everseen and Zwing.

Watasale has 1 investor. Key investors include Amazon.

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