About WellRx Technologies
WellRx Technologies is a company based in Rewari (India) founded in 2019 by Shaily Nimodia, Rahul Gupta, Deepak Diwaker, and Sudhir Sharawat. WellRx Technologies has raised $306.93 thousand across 1 funding round from investors including ONGC. The company has 46 employees as of April 05, 2024. WellRx Technologies offers products and services including Completion Equipment and Liner Systems.
- Headquarter Rewari, India
- Employees 46 as on 05 Apr, 2024
- Founders Shaily Nimodia, Rahul Gupta, Deepak Diwaker, Sudhir Sharawat
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Wellrx Technologies Private Limited
- Date of Incorporation 06 Nov, 2019
- Jurisdiction Imt Bawal, Haryana, India
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Annual Revenue
$1.4 M (USD)1802.18as on Mar 31, 2022
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Net Profit
$70.2 K (USD)839.82as on Mar 31, 2022
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EBITDA
$109.07 K (USD)1192as on Mar 31, 2022
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Total Equity Funding
$306.93 K (USD)
in 1 rounds
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Latest Funding Round
$306.93 K (USD), Seed
Dec 01, 2022
- Investors
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Employee Count
46
as on Apr 05, 2024
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Products & Services of WellRx Technologies
WellRx Technologies offers a comprehensive portfolio of products and services, including Completion Equipment and Liner Systems.
Completion equipment is provided to optimize well operations through a range of products that are fully integrated and engineered for various applications.
Liner systems are utilized to reduce CAPEX by suspending casing strings in previous ones, thereby offering completion solutions in oilfield environments.
Funding Insights of WellRx Technologies
WellRx Technologies has successfully raised a total of $306.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $306.93 thousand completed in December 2022. 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 WellRx Technologies
WellRx Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ONGC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of crude oil & natural gas exploration and production services
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Locked | Locked | Locked |
Investor details for WellRx Technologies
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Investments & Acquisitions by WellRx Technologies
Investment portfolio details for WellRx Technologies
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Financial Statements - WellRx Technologies
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Wellrx Technologies Comparisons
Peer comparison for WellRx Technologies
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Competitors of WellRx Technologies
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Latest news on Wellrx Technologies
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Frequently Asked Questions about WellRx Technologies
WellRx Technologies was founded in 2019 and raised its 1st funding round 3 years after it was founded.
WellRx Technologies is headquartered in Rewari, India. It is registered at Rewari, Haryana, India.
Rahul Gupta is the current CEO of WellRx Technologies. They have also founded this company.
WellRx Technologies is a funded company, having raised a total of $306.93K across 1 funding round to date.
As of Apr 05, 2024, the latest employee count at WellRx Technologies is 46.
Annual revenue of WellRx Technologies is $1.4M as on Mar 31, 2022.
WellRx Technologies was founded in 2019 in Rewari, India, as a provider of oilfield equipment and services. Specialization is maintained in oilfield technology and engineering services, with focus on advanced well construction, well intervention, and production enhancement within the oil and gas industry. Integrated well intervention solutions and proprietary workflows are utilized. Operations have extended to renewable energy sectors, alongside RD efforts in broader energy applications.
WellRx Technologies offers Completion Equipment and Liner Systems.
WellRx Technologies has 1 investor. Key investors include ONGC.
The valuation of WellRx Technologies is $3.63M as of Dec 2022.