Wetark Technologies

Mumbai, India Founded: 2021 • Age: 5 yrs
Event outcome trading is enabled online for individual users.
Annual revenue $140,388 Latest available
Total funding $92,980 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Wetark Technologies

Wetark Technologies is a company based in Mumbai (India) founded in 2021. Wetark Technologies has raised $92.98 thousand across 1 funding round from investors including Anicut Capital. Wetark Technologies operates in a competitive market with competitors including Probo, TradeX, Trago, PredChamp and Grooks, among others.

  • Headquarter Mumbai, India
  • Stage Minicorn
  • Sectors
    Technology
    Consumer
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Consumer → Sports, Leisure & Outdoor Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $140.39 K (USD)
    196
    as on Mar 31, 2024
  • Net Profit
    -$17.29 K (USD)
    -441
    as on Mar 31, 2024
  • EBITDA
    -$14.88 K (USD)
    -293
    as on Mar 31, 2024
  • Total Equity Funding
    $92.98 K (USD)

    in 1 rounds

  • Latest Funding Round
    $92.98 K (USD), Seed

    Nov 12, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Wetark Technologies

Wetark Technologies has successfully raised a total of $92.98K through 1 strategic funding round. The most recent funding activity was a Seed round of $92.98 thousand completed in November 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 Wetark Technologies

Wetark Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Anicut Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Investor details for Wetark Technologies

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Investments & Acquisitions by Wetark Technologies

Investments
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Investment portfolio details for Wetark Technologies

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Financial Statements - Wetark Technologies

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Detailed financials for Wetark Technologies

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Wetark Technologies Comparisons

Wetark Technologies Primary company
Description
Event outcome trading is enabled online for individual users...
Location
Mumbai, India
Founded Year
2021
Annual Revenue
$140.39 K (USD)
Net Profit
-$17.29 K (USD)
EBITDA
-$14.88 K (USD)
Employees
Not available
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Peer comparison for Wetark Technologies

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Competitors of Wetark Technologies

Wetark Technologies 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 Probo, TradeX, Trago, PredChamp and Grooks, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
An online platform for skill-based gaming competitions is provided.
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Predictions on world events are traded through an online platform.
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Online platform to bet and trade on event outcomes
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An online platform for predicting event outcomes.
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Operates a digital hub for event-based trading activities.
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Detailed competitors of Wetark Technologies

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Latest news on Wetark Technologies

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Complete news archive for Wetark Technologies

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Frequently Asked Questions about Wetark Technologies

Wetark Technologies was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Wetark Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Wetark Technologies is a funded company, having raised a total of $92.98K across 1 funding round to date.

Annual revenue of Wetark Technologies is $140.39K as on Mar 31, 2024.

Wetark Technologies was founded in 2021 and is based in Mumbai, India. An online platform is operated by the company within the prediction markets sector, where individuals trade on event outcomes. Speculation on future events is facilitated across categories including sports, politics, entertainment, and finance. Users select and engage in trades to express opinions, with operations centered on digital accessibility for participants.

Wetark Technologies's top competitors include Probo, TradeX and Trago.

Wetark Technologies has 1 investor. Key investors include Anicut Capital.

The valuation of Wetark Technologies is $1.96M as of Nov 2022.

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