About WeeClu
WeeClu is a company based in Hyderabad (India) founded in 2016 by Krishnaveni Panda, Gopal Panigrahy, and Laxmibilas Panigrahi. WeeClu has raised $604.91 thousand across 2 funding rounds from investors including Axilor Ventures, Dominor and Ambicare Clinics. The company has 12 employees as of March 30, 2024. WeeClu operates in a competitive market with competitors including Square, SpotOn, Clover, Clip and ShopKeep, among others.
- Headquarter Hyderabad, India
- Employees 12 as on 30 Mar, 2024
- Founders Krishnaveni Panda, Gopal Panigrahy, Laxmibilas Panigrahi
- Stage Minicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Weeclu Solutions Private Limited
- Date of Incorporation 06 Dec, 2016
- Jurisdiction Ganjam, Orissa, India
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Annual Revenue
$59.68 K (USD)221.79as on Mar 31, 2020
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Net Profit
-$202.44 K (USD)-264.02as on Mar 31, 2020
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EBITDA
-$199.08 K (USD)-271.99as on Mar 31, 2020
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Total Equity Funding
$604.91 K (USD)
in 2 rounds
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Latest Funding Round
$575.97 K (USD), Seed
Aug 10, 2019
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Investors
Axilor Ventures
& 41 more
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Employee Count
12
as on Mar 30, 2024
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Funding Insights of WeeClu
WeeClu has successfully raised a total of $604.91K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $575.97 thousand completed in August 2019. 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 WeeClu
WeeClu has secured backing from 42 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Axilor Ventures, Dominor and Ambicare Clinics.
| Investor | Description | Founded Year | Domain | Location |
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Angel investor network investing in early-stage startups
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Investment firm focusing on early stage, venture capital, and equities investments.
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Multiple-stage venture capital investments are managed by Haystack.
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Investor details for WeeClu
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Investments & Acquisitions by WeeClu
Investment portfolio details for WeeClu
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Financial Statements - WeeClu
Detailed financials for WeeClu
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Weeclu Comparisons
Peer comparison for WeeClu
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Competitors of WeeClu
WeeClu 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 Square, SpotOn, Clover, Clip and ShopKeep, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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POS solutions are provided for retail businesses.
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Provider of cloud-based POS software solutions for businesses and service providers
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Cloud-based mPOS system for small business operations is offered.
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POS solutions are provided to offline retailers via mobile devices.
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Cloud-based point-of-sale software is provided for retailers and restaurants.
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Payment processing solutions are offered to merchants and businesses.
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Detailed competitors of WeeClu
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Latest news on Weeclu
Complete news archive for WeeClu
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Frequently Asked Questions about WeeClu
WeeClu was founded in 2016 and raised its 1st funding round 3 years after it was founded.
WeeClu is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
WeeClu is a funded company, having raised a total of $604.91K across 2 funding rounds to date.
As of Mar 30, 2024, the latest employee count at WeeClu is 12.
Annual revenue of WeeClu is $59.68K as on Mar 31, 2020.
WeeClu was founded in 2016 in Hyderabad, India, as a provider of cloud-based point-of-sale solutions for businesses. Enterprise applications are offered, incorporating analytics-driven real-time reports and business insights. Store operations are supported through features that enable management and performance monitoring. The platform operates within the retail technology sector, focusing on operational efficiency across various business scales.
WeeClu has 42 investors. Key investors include Axilor Ventures, Dominor, Ambicare Clinics, Vinayender Tulla, and Kiran Peddi.
The valuation of WeeClu is $1.92M as of Aug 2019.