About Whizzard
Whizzard is a company based in Hyderabad (India) founded in 2019 by Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, and Arun Venkatrmani Rao was acquired by Mahindra Logistics in February 2022.. Whizzard has raised $578.85 thousand across 1 funding round from investors including Mahindra Logistics, Raina Marathe and Smitalee Prusty. Whizzard offers products and services including Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery. Whizzard operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, Prozo and Ripplr, among others.
- Headquarter Hyderabad, India
- Founders Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, Arun Venkatrmani Rao
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zipzap Logistics Private Limited
- Date of Incorporation 27 Jul, 2018
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$15.64 M (USD)16.57as on Mar 31, 2023
-
Net Profit
$-908.28 K (USD)-130.26as on Mar 31, 2023
-
EBITDA
$-748.13 K (USD)-116.83as on Mar 31, 2023
-
Total Equity Funding
$578.85 K (USD)
in 1 rounds
-
Latest Funding Round
$578.85 K (USD), Angel Round
Feb 06, 2019
-
Investors
Mahindra Logistics
& 23 more
-
Employee Count
Employee Count
-
Acquired by
Mahindra Logistics
(Feb 28, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Whizzard
Whizzard offers a comprehensive portfolio of products and services, including Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles same-day and next-day deliveries using electric vehicles for efficiency.
Manages order processing, inventory, and distribution for e-commerce clients.
Optimizes pick, pack, and dispatch for timely e-commerce deliveries.
Utilizes EVs and tech for reduced emissions in delivery operations.
Unlock access to complete
Unlock access to complete
Funding Insights of Whizzard
Whizzard has successfully raised a total of $578.85K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $578.85 thousand completed in February 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $578,852
-
First Round
First Round
(06 Feb 2019)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Angel Round - Whizzard | Valuation | Mohit Sethi , Ayush Kohli |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Whizzard
Whizzard has secured backing from 24 investors, including angel and institutional investors. Prominent investors backing the company include Mahindra Logistics, Raina Marathe and Smitalee Prusty. 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 |
|---|---|---|---|---|
|
Integrated supply chain and mobility solutions are provided globally.
|
Founded Year | Domain | Location | |
|
RM
Raina Marathe |
-
|
Founded Year | Domain | Location |
|
SP
Smitalee Prusty |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Whizzard
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Whizzard
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Whizzard Comparisons
Competitors of Whizzard
Whizzard 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 Delhivery, Shadowfax, XpressBees, Prozo and Ripplr, 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 |
Integrated logistics services including parcel delivery and warehousing are provided.
|
|
| domain | founded_year | HQ Location |
Express delivery logistics solutions are provided for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
|
|
| domain | founded_year | HQ Location |
Online platform offering wholesale and business-focused e-commerce solutions
|
|
| domain | founded_year | HQ Location |
End-to-end distribution and logistics solutions are provided across industries.
|
|
| domain | founded_year | HQ Location |
Provider of end-to-end logistics delivery services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Whizzard
Frequently Asked Questions about Whizzard
When was Whizzard founded?
Whizzard was founded in 2019.
Where is Whizzard located?
Whizzard is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Whizzard a funded company?
Whizzard is a funded company, having raised a total of $578.85K across 1 funding round to date. The company's 1st funding round was a Angel Round of $578.85K, raised on Feb 06, 2019.
What is the annual revenue of Whizzard?
Annual revenue of Whizzard is $15.64M as on Mar 31, 2023.
What does Whizzard do?
Whizzard was founded in 2019 in Hyderabad, India, within the e-commerce logistics sector. A network is offered to sellers for intracity last-mile deliveries and reverse logistics. Retailers and businesses are supported through a platform enabling same-day, next-day, intercity, and hyperlocal delivery options. Operations focus on efficient urban and regional fulfillment for online commerce.
Who are the top competitors of Whizzard?
Whizzard's top competitors include Delhivery, Shadowfax and XpressBees.
What products or services does Whizzard offer?
Whizzard offers Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery.
Who are Whizzard's investors?
Whizzard has 24 investors. Key investors include Mahindra Logistics, Raina Marathe, Smitalee Prusty, Rahul Apte, and Nidhi Pande.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.