About WitBlox
WitBlox is a company based in Navi Mumbai (India) founded in 2017 by Amit Modi. WitBlox has raised $221.39 thousand across 2 funding rounds from investors including Aditya Sanghi, Vivek Lodha and Mikdad Saleem Merchant. WitBlox offers products and services including WitBlox Robotics Kit, WitBlox AI Edition, WitBlox WiFi Edition, and Record and Repeat Blox. WitBlox operates in a competitive market with competitors including Avishkaar, STEM Robo, Kalam Labs, Playto Labs and SP Robotic Works, among others.
- Headquarter Navi Mumbai, India
- Founders Amit Modi
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Sectors
TechnologyRetail Education
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Phone
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Website
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Social
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- Legal Name We Techshiksha Labs Private Limited
- Date of Incorporation 08 Mar, 2014
- Jurisdiction Ulwe, Maharashtra, India
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Annual Revenue
$246.12 K (USD)26.25as on Mar 31, 2023
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Net Profit
-$23.25 K (USD)67.92as on Mar 31, 2023
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EBITDA
-$50.61 K (USD)3.23as on Mar 31, 2023
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Total Equity Funding
$221.39 K (USD)
in 2 rounds
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Latest Funding Round
$182.89 K (USD), Seed
Dec 19, 2019
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Investors
& 8 more
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Employee Count
Not available
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Products & Services of WitBlox
WitBlox offers a comprehensive portfolio of products and services, including WitBlox Robotics Kit, WitBlox AI Edition, WitBlox WiFi Edition, and Record and Repeat Blox.
DIY kit for building robotics projects with modular components.
Kit for creating AI and coding projects using plug-and-play electronics.
Tools for IoT-based robotics and connectivity projects.
Device for recording and repeating actions in DIY builds.
Funding Insights of WitBlox
WitBlox has successfully raised a total of $221.39K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $182.89 thousand completed in December 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.
Investors in WitBlox
WitBlox has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Aditya Sanghi, Vivek Lodha and Mikdad Saleem Merchant.
| Investor | Description | Founded Year | Domain | Location |
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Aditya Sanghi |
Co-founder of Hotelogix, active angel investor in Indian startups
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Vivek Lodha |
Angel investor and entrepreneur, focusing on tech startups in India.
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Locked | Locked | Locked |
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Mikdad Saleem Merchant |
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Locked | Locked | Locked |
Investor details for WitBlox
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by WitBlox
Investment portfolio details for WitBlox
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - WitBlox
Detailed financials for WitBlox
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- Profit trends
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Witblox Comparisons
Peer comparison for WitBlox
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of WitBlox
WitBlox 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 Avishkaar, STEM Robo, Kalam Labs, Playto Labs and SP Robotic Works, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Robotics, AI, and coding STEM kits and courses are retailed.
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Developer of STEM and robotics DIY kits
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Educational programs in drone technology and aerial robotics are provided.
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Provider of robotics kits and online classes for children
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Provider of robotics, coding, and STEM education kits and classes
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Detailed competitors of WitBlox
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Latest news on Witblox
Complete news archive for WitBlox
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Frequently Asked Questions about WitBlox
WitBlox was founded in 2017 and raised its 1st funding round 1 year after it was founded.
WitBlox is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Amit Modi is the current CEO of WitBlox. They have also founded this company.
WitBlox is a funded company, having raised a total of $221.39K across 2 funding rounds to date.
Annual revenue of WitBlox is $246.12K as on Mar 31, 2023.
WitBlox was founded in 2017 in Navi Mumbai, India, as an internet-first brand in the educational technology sector. DIY kits designed for childrens robotics and engineering education are offered, incorporating electronic building blocks, sensors, lights, sounds, motors, and related components. A mobile application for Android users is provided to access video tutorials supporting the learning process. Operations focus on direct-to-consumer sales through online channels.
WitBlox's top competitors include Avishkaar, STEM Robo and SP Robotic Works.
WitBlox offers WitBlox Robotics Kit, WitBlox AI Edition, WitBlox WiFi Edition, and Record and Repeat Blox.
WitBlox has 9 investors. Key investors include Aditya Sanghi, Vivek Lodha, Mikdad Saleem Merchant, Mudit Jain, and Amit Pokarna.