About Wishfie
Wishfie is a Media & Entertainment company based in Bengaluru (India) founded in 2017. Collaborative videos are created on mobile with network contributions. Wishfie has raised $79.01 thousand across 1 funding round from investors including Abhishek Singh and Mallik Prasad. Wishfie was last valued at $1.14 million in May 2018. Its focus areas include Consumer, Social Platforms, Horizontal and Video Sharing. Its legal entity in India is Wishfie App Private Limited (U74999DL2017PTC322035). Its competitors include VerSe, Josh and Chingari; 2 of its 3 listed competitors have raised funding.
Company details
Wishfie was founded in 2017 in Bengaluru, India, as a mobile platform in the digital media sector. Users are enabled to register and generate topics on various subjects, inviting contacts to record video responses via their device cameras. Contributions from networks are compiled into unified videos, which can be shared on social media. The application is offered on both Android and iOS stores, supporting collaborative content creation.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website wishfie.com
- Social LinkedIn X Facebook
- Legal Name Wishfie App Private Limited
- Date of Incorporation 11 Aug, 2017
- Jurisdiction Delhi, India
- Annual Revenue₹5,470
FY 2018
- Net Loss-₹10.2 Lakh
FY 2018 · -18724% margin
- EBITDA-₹10.2 Lakh
FY 2018 · -18724% margin
- Total Equity Funding$79.01K (USD)
in 1 rounds
- Latest Funding Round$79.01K (USD), Angel Round
May 2018
Associated legal entities of Wishfie
Wishfie operates through Wishfie App Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wishfie App Private Limited CIN U74999DL2017PTC322035 | Strike Off | 11 Aug 2017 | Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Funding Insights of Wishfie
Wishfie has successfully raised a total of $79.01K through 1 strategic funding round. The most recent funding activity was a Angel Round of $79.01 thousand completed in May 2018. 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 $79,008
- Total Rounds 1
- Last Round Angel Round — $79,008
- First Round $79,008
(May 2018)
- Investors Count 2
All 1 funding rounds of Wishfie with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $79,008 | Angel Round | $1.14M | Abhishek Singh |
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $1.14M | •••••••• |
Last known valuation $1.14M (May 2018). 2 investors in total: 0 institutional and 2 angel.
Investors in Wishfie
Wishfie has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Abhishek Singh and Mallik Prasad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AS Abhishek Singh | unknown_ba775194277f4d4da | |||
MP Mallik Prasad | unknown_5dd59396ea0540cea |
Investor details for Wishfie
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Wishfie App Private Limited (Wishfie)
Wishfie App Private Limited is the primary company behind Wishfie. The board of Wishfie App Private Limited currently have 2 directors; the longest-serving is Akshay Pruthi, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Pruthi DIN 03605887 | Director | 11 Aug 2017 | 9 yrs 2 mo | Wishfie App Private Limited |
| Durgesh Kaushik DIN 07864355 | Director | 11 Aug 2017 | 9 yrs 2 mo | Wishfie App Private Limited |
Financials of Wishfie
Figures of Wishfie App Private Limited, the primary company behind Wishfie, for FY 2018. Revenue was ₹5,470. Net loss was -₹10.2 Lakh (-18724% margin). EBITDA was -₹10.2 Lakh (-18724% margin).
- ₹5,470Revenue · FY 2018
- -₹10.2 LakhNet loss · -18724% margin
- -₹10.2 LakhEBITDA · -18724% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Wishfie App Private Limited are on its company page.
Detailed financial statements for Wishfie
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Wishfie
3 dated milestones of Wishfie across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Wishfie is founded.
- Funding First funding round of $79K.
- Milestone Reaches Minicorn status.
Competitors of Wishfie
Wishfie has 3 listed competitors in our database, 2 of them funded. They include VerSe, Josh and Chingari.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| verse.in | 2007 | Bengaluru, India | $1.68B | 669 | Developer of a short-video platform and technology infrastructure | |
| myjosh.in | 2016 | Bengaluru, India | 283 | Short videos are shared on a social platform by users. | ||
| chingari.io | 2018 | Bengaluru, India | $61.55M | 68 | Social media platform that helps users to create and monetize short-form video content |
Detailed competitors of Wishfie
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Verified entity values are shown only after access is granted.
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Related news about Wishfie
Complete news archive for Wishfie
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Frequently Asked Questions about Wishfie
Wishfie was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Wishfie is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Wishfie is a funded company, having raised a total of $79.01K across 1 funding round to date. The company's 1st funding round was a Angel Round of $79.01K, raised on May 2018.
The primary company behind Wishfie, Wishfie App Private Limited, reported revenue of ₹5,470 for FY 2018.
Wishfie was founded in 2017 in Bengaluru, India, as a mobile platform in the digital media sector. Users are enabled to register and generate topics on various subjects, inviting contacts to record video responses via their device cameras. Contributions from networks are compiled into unified videos, which can be shared on social media. The application is offered on both Android and iOS stores, supporting collaborative content creation.
Wishfie has 2 investors. Key investors include Abhishek Singh, and Mallik Prasad.
The valuation of Wishfie is $1.14M as of May 2018.
Wishfie operates through Wishfie App Private Limited.
The legal entities of Wishfie currently have 2 directors, including Akshay Pruthi, Durgesh Kaushik.