About Wii Tronics
Wii Tronics is a company based in Chennai (India) founded in 2013 by Sivaraman Sundaram and Geetha Natarajan. Wii Tronics has raised $110.94 thousand across 3 funding rounds from investors including RTBI, Sridhar Subramaniam and R A Venkitachalam. The company has 1 employees as of April 08, 2024. Wii Tronics offers products and services including ANPR Based Contactless Point-of-Sale Solution, Dynamic QR Based Point-of-Sale Solution, Mobile Point-of-Sale Solution (MPOS), Fastag Based Access Control Solution, and Wireless Sensor Based Parking Guidance Solution. Wii Tronics operates in a competitive market with competitors including Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.
- Headquarter Chennai, India
- Employees 1 as on 08 Apr, 2024
- Founders Sivaraman Sundaram, Geetha Natarajan
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Wii Tronics Solutions Private Limited
- Date of Incorporation 10 Sep, 2013
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$148.42 K (USD)85.68as on Mar 31, 2023
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Net Profit
$30.02 K (USD)278.69as on Mar 31, 2023
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EBITDA
$27.19 K (USD)9124.8as on Mar 31, 2023
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Total Equity Funding
$110.94 K (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
RTBI
& 5 more
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Employee Count
1
as on Apr 08, 2024
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Products & Services of Wii Tronics
Wii Tronics offers a comprehensive portfolio of products and services, including ANPR Based Contactless Point-of-Sale Solution, Dynamic QR Based Point-of-Sale Solution, Mobile Point-of-Sale Solution (MPOS), Fastag Based Access Control Solution, and Wireless Sensor Based Parking Guidance Solution.
Enables contactless parking entry via number plate recognition
Allows QR scanning for entry and access control
Facilitates mobile-based parking transactions and management
Uses RFID for automated vehicle access and tracking
Provides real-time parking availability via sensors
Detects parking slots using computer vision technology
Offers cloud services for real-time parking data management
Funding Insights of Wii Tronics
Wii Tronics has successfully raised a total of $110.94K across 3 strategic funding rounds. 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 Wii Tronics
Wii Tronics has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include RTBI, Sridhar Subramaniam and R A Venkitachalam.
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Startups in rural technologies are incubated by government-backed RTBI.
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Sridhar Subramaniam |
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R A Venkitachalam |
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Investor details for Wii Tronics
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Investments & Acquisitions by Wii Tronics
Investment portfolio details for Wii Tronics
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Financial Statements - Wii Tronics
Detailed financials for Wii Tronics
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Wii Tronics Comparisons
Peer comparison for Wii Tronics
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Competitors of Wii Tronics
Wii Tronics 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 Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.
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Provider of comprehensive parking management solutions
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Tech-enabled platform for parking and mobility management solutions is provided.
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Parking management systems are delivered via SaaS-enabled hardware and software.
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End-to-end parking management solutions are provided via an AI-enabled platform.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Parking management solutions for events and venues are provided.
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Detailed competitors of Wii Tronics
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Latest news on Wii Tronics
Complete news archive for Wii Tronics
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Frequently Asked Questions about Wii Tronics
Wii Tronics was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Wii Tronics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Wii Tronics is a funded company, having raised a total of $110.94K across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Wii Tronics is 1.
Annual revenue of Wii Tronics is $148.42K as on Mar 31, 2023.
Wii Tronics was founded in 2013 in Chennai, India, within the smart parking technology sector. Vehicle detection sensors are installed in parking areas to transmit presence data to a cloud server. This information is relayed to a mobile app, where real-time availability is checked by users. Space reservations are enabled, and analytics are supplied to traffic administrators for parking oversight and audits.
Wii Tronics's top competitors include Arrive, Parkhub and Metropolis.
Wii Tronics offers ANPR Based Contactless Point-of-Sale Solution, Dynamic QR Based Point-of-Sale Solution, Mobile Point-of-Sale Solution (MPOS), Fastag Based Access Control Solution, and 3 more products and services.
Wii Tronics has 6 investors. Key investors include RTBI, Sridhar Subramaniam, R A Venkitachalam, Arjun Natarajan, and R A Venkitachalam.
The valuation of Wii Tronics is $597.55K as of Apr 2019.