About WitWorks
WitWorks is a company based in Bengaluru (India) founded in 2015 was acquired by Myntra in April 2018.. WitWorks has raised $475.85 thousand across 1 funding round from investors including Myntra, P39 Capital and Manish Singhal. WitWorks offers products and services including Improv Workshops, Training Sessions, and Consultations. WitWorks operates in a competitive market with competitors including Withings, Fitbit, Whoop, iHealth Labs and Mobvoi, among others.
- Headquarter Bengaluru, India
-
Sectors
HealthcareTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Witworks Consumer Technologies Private Limited
- Date of Incorporation 24 Sep, 2015
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$79.93 K (USD)0as on Mar 31, 2017
-
Net Profit
$-169.69 K (USD)0as on Mar 31, 2017
-
EBITDA
$-169.65 K (USD)0as on Mar 31, 2017
-
Total Equity Funding
$475.85 K (USD)
in 1 rounds
-
Latest Funding Round
$475.85 K (USD), Seed
Aug 25, 2016
-
Investors
Myntra
& 19 more
-
Employee Count
Employee Count
-
Acquired by
Myntra
(Apr 16, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of WitWorks
WitWorks offers a comprehensive portfolio of products and services, including Improv Workshops, Training Sessions, and Consultations. 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.
Interactive sessions using improv to boost collaboration and creativity
Exercises focused on adaptability and communication for workplace enhancement
Customized planning for team events to improve engagement and productivity
Funding Insights of WitWorks
WitWorks has successfully raised a total of $475.85K through 1 strategic funding round. The most recent funding activity was a Seed round of $475.85 thousand completed in August 2016. 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 1
- Last Round Seed — $475,853
-
First Round
First Round
(25 Aug 2016)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Seed - WitWorks | Valuation | Manish Singhal , Fireside Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WitWorks
WitWorks has secured backing from 20 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Myntra, P39 Capital and Manish Singhal. 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 |
|---|---|---|---|---|
|
Indian tech and offline startups are funded by P39 Capital.
|
Founded Year | Domain | Location | |
|
Early-stage consumer brand companies are invested in by Fireside Ventures.
|
Founded Year | Domain | Location | |
|
Startups are funded and accelerated by Investopad's venture capital programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WitWorks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - WitWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Witworks Comparisons
Competitors of WitWorks
WitWorks 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 Withings, Fitbit, Whoop, iHealth Labs and Mobvoi, 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 |
Connected devices for health, sleep, and activity monitoring are developed.
|
|
| domain | founded_year | HQ Location |
Smartwatches and fitness trackers are provided for activity monitoring.
|
|
| domain | founded_year | HQ Location |
Provider of a smart wearable device for physical activities monitoring
|
|
| domain | founded_year | HQ Location |
Personal healthcare devices for vital monitoring are designed and produced.
|
|
| domain | founded_year | HQ Location |
Developer of AI-powered voice interaction and generative AI technologies
|
|
| domain | founded_year | HQ Location |
Smart fitness trackers and watches are developed for performance monitoring.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Witworks
Frequently Asked Questions about WitWorks
When was WitWorks founded?
WitWorks was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is WitWorks located?
WitWorks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is WitWorks a funded company?
WitWorks is a funded company, having raised a total of $475.85K across 1 funding round to date. The company's 1st funding round was a Seed of $475.85K, raised on Aug 25, 2016.
What is the annual revenue of WitWorks?
Annual revenue of WitWorks is $79.93K as on Mar 31, 2017.
What does WitWorks do?
WitWorks was founded in 2015 in Bengaluru, India, and operates in the wearable technology sector. A smartwatch named Blink is produced, featuring voice-enabled navigation, fitness tracking, and music playback through an in-house interface called Marvin. Connectivity to Android and iOS devices is supported for notifications, with a 35-hour battery life provided. Partnerships with Titan and HMT are maintained for watch designs.
Who are the top competitors of WitWorks?
What products or services does WitWorks offer?
WitWorks offers Improv Workshops, Training Sessions, and Consultations.
Who are WitWorks's investors?
WitWorks has 20 investors. Key investors include Myntra, P39 Capital, Manish Singhal, Pranay Jivrajka, and Maninder Gulati.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.