About Wheels Wisdom
Wheels Wisdom is a company based in Bengaluru (India) founded in 2015 by Sandeep Menon.. Wheels Wisdom has raised $404.04 thousand across 2 funding rounds from investors including Rammohan Venugopal, Deepthi Menon and Nithin Pradeep Thazheveetil. Wheels Wisdom operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.
- Headquarter Bengaluru, India
- Founders Sandeep Menon
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name Wisdomtech Services Private Limited
- Date of Incorporation 20 Jun, 2016
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$145.13 K (USD)-24.94as on Mar 31, 2021
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Net Profit
$-58.73 K (USD)-8.07as on Mar 31, 2021
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EBITDA
$-62.7 K (USD)-12.15as on Mar 31, 2021
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Total Equity Funding
$404.04 K (USD)
in 2 rounds
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Latest Funding Round
$329.66 K (USD), Angel Round
Apr 15, 2017
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Investors
& 11 more
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Employee Count
Employee Count
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Funding Insights of Wheels Wisdom
Wheels Wisdom has successfully raised a total of $404.04K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $329.66 thousand completed in April 2017. 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $329,663
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First Round
First Round
(23 Jul 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Angel Round - Wheels Wisdom | Valuation | Hareendran Kochanujan , Sajeev Sukumaran Nair | |
| Jul, 2016 | Amount | Angel Round - Wheels Wisdom | Valuation | Ramachandra Narayan Kulkarni , Ramachandra Narayan Kulkarni |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wheels Wisdom
Wheels Wisdom has secured backing from 12 investors, including angel investors. Prominent investors backing the company include Rammohan Venugopal, Deepthi Menon and Nithin Pradeep Thazheveetil. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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RV
Rammohan Venugopal |
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Founded Year | Domain | Location |
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DM
Deepthi Menon |
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Founded Year | Domain | Location |
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NP
Nithin Pradeep Thazheveetil |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wheels Wisdom
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wheels Wisdom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wheels Wisdom Comparisons
Competitors of Wheels Wisdom
Wheels Wisdom 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 GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of car service and repair network
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| domain | founded_year | HQ Location |
Online platform for booking automotive repair and maintenance services
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| domain | founded_year | HQ Location |
App-based garage aggregation for auto repair and maintenance is offered.
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| domain | founded_year | HQ Location |
AI-based car repair and maintenance services are delivered.
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| domain | founded_year | HQ Location |
Digital automotive marketplace platform
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| domain | founded_year | HQ Location |
Online platform for news articles on sports, entertainment, and current events worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wheels Wisdom
Frequently Asked Questions about Wheels Wisdom
When was Wheels Wisdom founded?
Wheels Wisdom was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Wheels Wisdom located?
Wheels Wisdom is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Wheels Wisdom a funded company?
Wheels Wisdom is a funded company, having raised a total of $404.04K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $74.38K, raised on Jul 23, 2016.
What is the annual revenue of Wheels Wisdom?
Annual revenue of Wheels Wisdom is $145.13K as on Mar 31, 2021.
What does Wheels Wisdom do?
Wheels Wisdom was founded in 2015 in Bengaluru, India, as an online platform in the automotive services sector. Bookings for used car inspections, routine servicing, and repairs on vehicles outside warranty are enabled through the platform. A knowledge base is also maintained, offering factual answers on car repair topics, including explanations of car assembly functions. Operations focus on streamlining access to these maintenance services for users.
Who are the top competitors of Wheels Wisdom?
Wheels Wisdom's top competitors include GoMechanic, MyTVS and VehicleCare.
Who are Wheels Wisdom's investors?
Wheels Wisdom has 12 investors. Key investors include Rammohan Venugopal, Deepthi Menon, Nithin Pradeep Thazheveetil, Hareendran Kochanujan, and Praveen Pathiyil.
What is Wheels Wisdom's valuation?
The valuation of Wheels Wisdom is $4.85M as of Apr 2017.
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