Wazzeer

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Legal, accounting, and HR services are provided by Wazzeer.

About Wazzeer

Wazzeer is a Professional & Legal Services company based in Bengaluru (India) founded in 2015. Legal, accounting, and HR services are provided by Wazzeer. It operates on a Professional Services model. Wazzeer has raised $191.51 thousand across 1 funding round from investors including Oak Technology. Wazzeer was last valued at $5 million in December 2016. Its Indian entity Wazzeer Internet Private Limited reported revenue of β‚Ή52.4 Lakh. Wazzeer offers products and services including Legal and Compliance Services, Accounting and Tax Services, and HR Services. Its focus areas include Professional Services, Business Consulting and Legal and Compliance Services. Its competitors include Zolvit, Online Legal India and Corpbiz; 1 of its 3 listed competitors has raised funding.

Company details

End-to-end legal, accounting, compliance, and HR services are offered by Wazzeer to startups, SMEs, and foreign companies entering India. Support is provided for business registration, tax filings, intellectual property protection, contracts, and funding compliances. Focus is placed on leveraging technology and defined processes to ensure virtual delivery and client satisfaction. Expertise is tailored for specific needs of businesses entering the Indian market.

Key Metrics
  • Annual Revenue
    ₹52.4 Lakh

    FY 2024 · +11% YoY

  • Net Loss
    -₹1.6 Lakh

    FY 2024 · -3% margin

  • EBITDA
    ₹4.8 Lakh

    FY 2024 · 9% margin

  • Total Equity Funding
    $191.51K (USD)

    in 1 rounds

  • Latest Funding Round
    $191.51K (USD), Seed

    Dec 2016

  • Investors

Products & Services of Wazzeer

Wazzeer offers a comprehensive portfolio of products and services, including Legal and Compliance Services, Accounting and Tax Services, and HR Services.

Legal and Compliance Services
Professional Services

Legal and compliance support is provided for businesses.

Accounting and Tax Services
Professional Services

Accounting and tax filing services are offered comprehensively.

HR Services
Professional Services

HR solutions are delivered to support business operations.

Funding Insights of Wazzeer

Wazzeer has successfully raised a total of $191.51K through 1 strategic funding round. The most recent funding activity was a Seed round of $191.51 thousand completed in December 2016. 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 $191,513
  • Total Rounds 1
  • Last Round Seed β€” $191,513
  • First Round $191,513

    (Dec 2016)

  • Investors Count 1

All 1 funding rounds of Wazzeer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2016$191,513Seed$5MOak Technology
–
Valuation history
DateValuationStage
Dec 2016$5Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $5M (Dec 2016). 1 investors in total: 1 institutional.

Investors in Wazzeer

Wazzeer has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Oak Technology.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Wireless telecommunication infrastructures are provided to clients.
oaktechnology.co.ukCheltenham, United Kingdom
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Investor details for Wazzeer

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 Wazzeer Internet Private Limited (Wazzeer)

Wazzeer Internet Private Limited is the primary company behind Wazzeer. The board of Wazzeer Internet Private Limited currently have 2 directors; the longest-serving is Abhishek Arvind Kadam, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Abhishek Arvind Kadam
DIN 06647393
Director09 Jan 201610 yrs 10 moWazzeer Internet Private Limited
Chandan Kumar
DIN 06647421
Director09 Jan 201610 yrs 10 moWazzeer Internet Private Limited

Financials of Wazzeer

Figures of Wazzeer Internet Private Limited, the primary company behind Wazzeer, for FY 2024. Revenue was ₹52.4 Lakh (+11% year on year). Net loss was -₹1.6 Lakh (-3% margin). EBITDA was ₹4.8 Lakh (9% margin). Revenue has grown at a compounded annual rate of +11% over three years and +2% over five years.

  • ₹52.4 LakhRevenue · FY 2024 · +11% YoY
  • -₹1.6 LakhNet loss · -3% margin
  • ₹4.8 LakhEBITDA · 9% margin
  • ₹1 LakhPaid-up capital
  • +11%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wazzeer Internet Private Limited are on its company page.

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Detailed financial statements for Wazzeer

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 Wazzeer

3 dated milestones of Wazzeer across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wazzeer is founded.
  2. Funding First funding round of $192K.
  3. Milestone Reaches Minicorn status.

Competitors of Wazzeer

Wazzeer has 3 listed competitors in our database, 1 of them funded. They include Zolvit, Online Legal India and Corpbiz.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zolvit.com2011Chennai, India$15.36M1
Platform offering business incorporation solutions
onlinelegalindia.com2019Kolkata, India269
Offers comprehensive legal advice and services through an online platform.
corpbiz.io2019Noida, India
Offers services for company incorporation, registration, legal documentation, and compliance.
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Detailed competitors of Wazzeer

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 Wazzeer

The website of Wazzeer (wazzeer.com) receives about 3K visits a month.

  • Monthly visits
    3K

    ▲ 91% vs previous month

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Frequently Asked Questions about Wazzeer

Wazzeer was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Wazzeer is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Wazzeer is a funded company, having raised a total of $191.51K across 1 funding round to date. The company's 1st funding round was a Seed of $191.51K, raised on Dec 2016.

The primary company behind Wazzeer, Wazzeer Internet Private Limited, reported revenue of β‚Ή52.4 Lakh for FY 2024, up 11% year on year.

End-to-end legal, accounting, compliance, and HR services are offered by Wazzeer to startups, SMEs, and foreign companies entering India. Support is provided for business registration, tax filings, intellectual property protection, contracts, and funding compliances. Focus is placed on leveraging technology and defined processes to ensure virtual delivery and client satisfaction. Expertise is tailored for specific needs of businesses entering the Indian market.

Wazzeer's top competitors include Zolvit, Online Legal India and Corpbiz.

Wazzeer offers Legal and Compliance Services, Accounting and Tax Services, and HR Services.

Wazzeer has 1 investor. Key investors include Oak Technology.

The valuation of Wazzeer is $5M as of Dec 2016.

Wazzeer operates through Wazzeer Internet Private Limited.

The legal entities of Wazzeer currently have 2 directors, including Abhishek Arvind Kadam, Chandan Kumar.

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