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
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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. 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.
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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(12 Jul 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Wii Tronics | Valuation |
investors |
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| Apr, 2019 | Amount | Angel Round - Wii Tronics | Valuation | Sridhar Subramaniam | |
| Jul, 2017 | Amount | Angel Round - Wii Tronics | Valuation | Sridhar Subramaniam |
| 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 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. 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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Startups in rural technologies are incubated by government-backed RTBI.
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Founded Year | Domain | Location | |
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SS
Sridhar Subramaniam |
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Founded Year | Domain | Location |
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RA
R A Venkitachalam |
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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 Wii Tronics
| 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 - Wii Tronics
| 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 |
Wii Tronics Comparisons
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. 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 comprehensive parking management solutions
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| domain | founded_year | HQ Location |
Tech-enabled platform for parking and mobility management solutions is provided.
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| domain | founded_year | HQ Location |
Parking management systems are delivered via SaaS-enabled hardware and software.
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| domain | founded_year | HQ Location |
End-to-end parking management solutions are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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| domain | founded_year | HQ Location |
Parking management solutions for events and venues are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Wii Tronics
When was Wii Tronics founded?
Wii Tronics was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Wii Tronics located?
Wii Tronics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Wii Tronics a funded company?
Wii Tronics is a funded company, having raised a total of $110.94K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $30.95K, raised on Jul 12, 2017.
How many employees does Wii Tronics have?
As of Apr 08, 2024, the latest employee count at Wii Tronics is 1.
What is the annual revenue of Wii Tronics?
Annual revenue of Wii Tronics is $148.42K as on Mar 31, 2023.
What does Wii Tronics do?
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.
Who are the top competitors of Wii Tronics?
Wii Tronics's top competitors include Arrive, Parkhub and Metropolis.
What products or services does Wii Tronics offer?
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.
Who are Wii Tronics's investors?
Wii Tronics has 6 investors. Key investors include RTBI, Sridhar Subramaniam, R A Venkitachalam, Arjun Natarajan, and R A Venkitachalam.
What is Wii Tronics's valuation?
The valuation of Wii Tronics is $597.55K as of Apr 2019.