About WeavedIn
WeavedIn is a Technology company based in Bengaluru (India) founded in 2013, and was acquired by Paytm in October 2018. Cloud-based eCommerce and POS solutions are enabled for offline retailers. It operates in the Technology and Retail sectors. Its Indian entity Weavedin Technologies Private Limited reported revenue of ₹40.7 Lakh. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Suite and In Store Retail Tech. Its competitors include Bizom and ZopSmart; 2 of its 2 listed competitors have raised funding.
Company details
WeavedIn was founded in 2013 in Bengaluru, India, within the retail technology sector. A cloud-based platform is provided, integrated with POS systems for offline stores. Online transitions are supported through webstores, encompassing inventory management, eCommerce fulfillment, delivery logistics, and product listings. Customer engagement features are included, alongside analytics tools for sales optimization. Operations focus on bridging offline and online retail channels.
- Headquarters Bengaluru, India
- Stage Acquired
- SectorsTechnologyRetail
- Website weavedin.com
- Social LinkedIn X Facebook
- Acquired by Paytm (Oct 2018)
- Legal Name Weavedin Technologies Private Limited
- Date of Incorporation 23 May, 2013
- Jurisdiction Alappuzha, Kerala, India
Associated legal entities of WeavedIn
WeavedIn operates through Weavedin Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Weavedin Technologies Private Limited CIN U72200KL2013PTC034165 | Strike Off | 23 May 2013 | Alappuzha, Kerala | ₹0.4 Cr | 2 | View details |
Investors in WeavedIn
WeavedIn has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Paytm.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | paytm.com | Noida, India |
Investor details for WeavedIn
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Board of directors of Weavedin Technologies Private Limited (WeavedIn)
Weavedin Technologies Private Limited is the primary company behind WeavedIn. The board of Weavedin Technologies Private Limited currently have 2 directors; the longest-serving is Manikathuparambil Josekuttan Baby, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manikathuparambil Josekuttan Baby DIN 02952205 | Director | 23 May 2013 | 13 yrs 5 mo | Weavedin Technologies Private Limited |
| Jacob Pattara Kurian DIN 06492031 | Director | 23 May 2013 | 13 yrs 5 mo | Weavedin Technologies Private Limited |
Financials of WeavedIn
Figures of Weavedin Technologies Private Limited, the primary company behind WeavedIn, for FY 2019. Revenue was ₹40.7 Lakh (+76% year on year). Net loss was -₹22.7 Lakh (-56% margin). EBITDA was ₹7 Lakh (17% margin). Revenue has grown at a compounded annual rate of +30% over three years.
- ₹40.7 LakhRevenue · FY 2019 · +76% YoY
- -₹22.7 LakhNet loss · -56% margin
- ₹7 LakhEBITDA · 17% margin
- ₹6.4 LakhPaid-up capital
- +30%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Weavedin Technologies Private Limited are on its company page.
Detailed financial statements for WeavedIn
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Timeline of WeavedIn
2 dated milestones of WeavedIn across 5 years, from founding to its latest funding, stage changes and deals.
- Founded WeavedIn is founded.
- Exit Acquired by Paytm.
Competitors of WeavedIn
WeavedIn has 2 listed competitors in our database, 2 of them funded. They include Bizom and ZopSmart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bizom.com | 2008 | Bengaluru, India | $19.18M | 401 | Retail intelligence platform is developed for brands and B2B retailers. | |
| zopsmart.com | 2011 | Bengaluru, India | $12.86M | 464 | Omni-channel solutions are provided for offline businesses. |
Detailed competitors of WeavedIn
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Related news about Weavedin
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Frequently Asked Questions about WeavedIn
WeavedIn was founded in 2013.
WeavedIn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind WeavedIn, Weavedin Technologies Private Limited, reported revenue of ₹40.7 Lakh for FY 2019, up 76% year on year.
WeavedIn was founded in 2013 in Bengaluru, India, within the retail technology sector. A cloud-based platform is provided, integrated with POS systems for offline stores. Online transitions are supported through webstores, encompassing inventory management, eCommerce fulfillment, delivery logistics, and product listings. Customer engagement features are included, alongside analytics tools for sales optimization. Operations focus on bridging offline and online retail channels.
WeavedIn has 1 investor. Key investors include Paytm.
WeavedIn operates through Weavedin Technologies Private Limited.
Yes. WeavedIn was acquired by Paytm in October 2018.
The legal entities of WeavedIn currently have 2 directors, including Manikathuparambil Josekuttan Baby, Jacob Pattara Kurian.