About WiSig Networks
WiSig Networks is a Telecommunications company based in Hyderabad (India) founded in 2016. Systems for 5G base stations and IoT solutions are provided. WiSig Networks has raised $143.59 thousand across 1 funding round from investors including Iith, Scarletelectronics and Uday Babulal Desai. The company has 61 employees. WiSig Networks was last valued at $2.26 million in July 2024. Its Indian entity Wisig Networks Private Limited reported revenue of ₹4.05 Cr. WiSig Networks offers products and services including O-CU and DU, O-RU, and Massive MIMO Technology. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Equipment.
Company details
WiSig Networks was founded in 2016 in Hyderabad, India, within the telecommunications sector. 5G-enabled wireless modems and IoT systems are developed by the company. Components such as O-CU, DU, and O-RU are offered, incorporating technologies like MIMO and ULPI to support radio capacity and coverage. An ORAN-compliant RIC is provided, integrated with AI and ML engines for network operations.
- Headquarters Hyderabad, India
- Employees 61
- Stage Minicorn
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website wisig.com
- Social LinkedIn X YouTube
- Legal Name Wisig Networks Private Limited
- Date of Incorporation 21 Jul, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.05 Cr
FY 2024 · -20% YoY
- Net Loss-₹97.3 Lakh
FY 2024 · -24% margin
- EBITDA₹30.8 Lakh
FY 2024 · 8% margin
- Total Equity Funding$143.59K (USD)
in 1 rounds
- Latest Funding Round$143.59K (USD), Seed
Jul 2024
- InvestorsIith
& 2 more
- Employee Count61
Associated legal entities of WiSig Networks
WiSig Networks operates through Wisig Networks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wisig Networks Private Limited CIN U74999TG2016PTC111037 | Active | 21 Jul 2016 | Hyderabad, Telangana | ₹4.1 Cr | 61 | 3 | View details |
Products & Services of WiSig Networks
WiSig Networks offers a comprehensive portfolio of products and services, including O-CU and DU, O-RU, and Massive MIMO Technology.
Central and distributed units for 5G wireless networks
Radio units enabling 5G O-RAN interoperability
Enhances radio capacity and coverage in 5G systems
Apps and channels of WiSig Networks
its YouTube channel WiSig Networks has 84 subscribers and 1 videos.
Videos from WiSig Networks
The most watched videos on WiSig Networks's YouTube channel, WiSig Networks (84 subscribers). Click a video to play it here.
More on WiSig Networks.
Funding Insights of WiSig Networks
WiSig Networks has successfully raised a total of $143.59K through 1 strategic funding round. The most recent funding activity was a Seed round of $143.59 thousand completed in July 2024. 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 $143,592
- Total Rounds 1
- Last Round Seed — $143,592
- First Round $143,592
(Jul 2024)
- Investors Count 3
All 1 funding rounds of WiSig Networks 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 |
|---|---|---|---|---|---|
| Jul 2024 | $143,592 | Seed | $2.26M | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $2.26M | •••••••• |
Last known valuation $2.26M (Jul 2024). 3 investors in total: 2 institutional and 1 angel.
Investors in WiSig Networks
WiSig Networks has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Iith, Scarletelectronics and Uday Babulal Desai.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Undergraduate and graduate programs in engineering and sciences are offered. | 2019 | iith.ac.in | Hyderabad, India | |
UB Uday Babulal Desai | unknown_5962d0fda3f949fa8 |
Investor details for WiSig Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Wisig Networks Private Limited (WiSig Networks)
Wisig Networks Private Limited is the primary company behind WiSig Networks. The board of Wisig Networks Private Limited currently have 3 directors; the longest-serving is Kiran Kumar Kuchi, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Kumar Kuchi DIN 07522584 | Director | 21 Jul 2016 | 10 yrs 3 mo | Wisig Networks Private Limited |
| Venkataramaiah Choudary Kuchi DIN 07522593 | Director | 21 Jul 2016 | 10 yrs 3 mo | Wisig Networks Private Limited |
| Srujana Tiruveedhi DIN 07915336 | Managing Director | 26 Dec 2017 | 8 yrs 10 mo | Wisig Networks Private Limited |
Financials of WiSig Networks
Figures of Wisig Networks Private Limited, the primary company behind WiSig Networks, for FY 2024. Revenue was ₹4.05 Cr (-20% year on year). Net loss was -₹97.3 Lakh (-24% margin). EBITDA was ₹30.8 Lakh (8% margin). Revenue has grown at a compounded annual rate of 0% over three years and -1% over five years.
- ₹4.05 CrRevenue · FY 2024 · -20% YoY
- -₹97.3 LakhNet loss · -24% margin
- ₹30.8 LakhEBITDA · 8% margin
- ₹9.4 LakhPaid-up capital
- 61Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wisig Networks Private Limited are on its company page.
Detailed financial statements for WiSig Networks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of WiSig Networks
3 dated milestones of WiSig Networks across 8 years, from founding to its latest funding, stage changes and deals.
- Founded WiSig Networks is founded.
- Funding First funding round of $144K.
- Milestone Reaches Minicorn status.
Web traffic of WiSig Networks
The website of WiSig Networks (wisig.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 24.8% vs previous month
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Related news about Wisig Networks
Complete news archive for WiSig Networks
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Frequently Asked Questions about WiSig Networks
WiSig Networks was founded in 2016 and raised its 1st funding round 8 years after it was founded.
WiSig Networks is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
WiSig Networks is a funded company, having raised a total of $143.59K across 1 funding round to date. The company's 1st funding round was a Seed of $143.59K, raised on Jul 2024.
WiSig Networks has 61 employees.
The primary company behind WiSig Networks, Wisig Networks Private Limited, reported revenue of ₹4.05 Cr for FY 2024, down 20% year on year.
WiSig Networks was founded in 2016 in Hyderabad, India, within the telecommunications sector. 5G-enabled wireless modems and IoT systems are developed by the company. Components such as O-CU, DU, and O-RU are offered, incorporating technologies like MIMO and ULPI to support radio capacity and coverage. An ORAN-compliant RIC is provided, integrated with AI and ML engines for network operations.
WiSig Networks offers O-CU and DU, O-RU, and Massive MIMO Technology.
WiSig Networks has 3 investors. Key investors include Iith, Scarletelectronics, and Uday Babulal Desai.
The valuation of WiSig Networks is $2.26M as of Jul 2024.
WiSig Networks operates through Wisig Networks Private Limited.
The legal entities of WiSig Networks currently have 3 directors, including Srujana Tiruveedhi, Kiran Kumar Kuchi, Venkataramaiah Choudary Kuchi.