About Wiz
Wiz is a Transportation, Automotive & Logistics company based in Singapore (Singapore) founded in 2020 by Ramkumar Govindarajan and Ramkumar Ramachandran. AI-enabled freight forwarding solutions are provided for global shipping. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Wiz has raised $57.37 million across 8 funding rounds from investors including Nippon Express, Alteria Capital and Axilor Ventures. The company has 341 employees. Wiz was last valued at $82.7 million in April 2021. Its chief executive, as recorded, is Ramkumar Govindarajan. Wiz offers products and services including Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and Bulk Shipping. Its focus areas include Transportation, Logistics and Freight Forwarding.
Company details
Wiz is established as a digital freight forwarder focused on modern logistics solutions. Services are provided across ocean, air, and surface transportation, alongside customs compliance and bulk shipping. A tech platform is integrated for end-to-end operations, including instant booking, live tracking, and digital payments. Operations are supported in multiple verticals such as electronics, furniture, automobile, chemicals, solar, and fashion. A global network is maintained with presence in over 30 locations, particularly in Asia Pacific, Indian Subcontinent, Middle East, and Southeast Asia.
- Headquarters Singapore, Singapore
- Employees 341
- Founders Ramkumar Govindarajan, Ramkumar Ramachandran
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website wizfreight.com
- Social LinkedIn
- Annual Revenue$157.1 M (USD)282as on Mar 31, 2023
- Net Profit-$11.2 M (USD)-1223as on Mar 31, 2023
- EBITDA-$3.11 M (USD)-301as on Mar 31, 2023
- Total Equity Funding$57.37M (USD)
in 8 rounds
- Latest Funding Round$1.81M (USD), Angel Round
Jan 2025
- InvestorsNippon Express
& 45 more
- Employee Count341
Associated legal entities of Wiz
Wiz is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wiz Tracks Private Limited CIN U63030TN2020PTC136455 | Active | 17 Jul 2020 | Chennai, Tamil Nadu | ₹13.2 Cr | 50 | 2 | View details |
| Radar Ventures Private Limited CIN U63030TN2020PTC133596 | Active | 03 Jan 2020 | Chennai, Tamil Nadu | ₹296 Cr | 390 | 2 | View details |
Products & Services of Wiz
Wiz offers a comprehensive portfolio of products and services, including Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and Bulk Shipping.
Ocean freight services are provided for FCL and LCL shipments.
Air freight services are offered for quick, reliable delivery.
Surface transport services are managed for point-to-point delivery.
Customs and trade advisory services are provided for compliance.
Bulk shipping services are offered for dry and break bulk.
Tech platform is provided for end-to-end freight management.
Funding Insights of Wiz
Wiz has successfully raised a total of $57.37M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $1.81 million completed in January 2025. 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 $57.37M
- Total Rounds 8
- Last Round Angel Round — $1.81M
- First Round $228,304
(Apr 2020)
- Investors Count 46
All 8 funding rounds of Wiz 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 |
|---|---|---|---|---|---|
| Jan 2025 | $1.81M | Angel Round | – | Sugumar Nagarajan | |
| Jan 2024 | $15.01M | Series B | – | SBI Investment | |
| May 2023 | Debt – Conventional | – | – | ||
| Mar 2022 | $36.35M | Series A | – | Tiger Global Management | |
| Mar 2022 | Debt – Conventional | – | – | ||
| Jan 2022 | $2.71M | Debt – Conventional | – | – | |
| Apr 2021 | $3.97M | Seed | $82.7M | Axilor Ventures, Arali Ventures | |
| Apr 2020 | $228,304 | Angel Round | $757,901 | Daniel Richner | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $82.7M | •••••••• |
Last known valuation $82.7M (Apr 2021). 46 investors in total: 15 institutional and 31 angel.
Investors in Wiz
Wiz has secured backing from 46 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Nippon Express, Alteria Capital and Axilor Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funds are managed to support unlisted companies' growth. | sbinvestment.co.jp | Minato City, Japan | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm investing in early-stage startups in technology sectors. | 2014 | axilor.com | Bengaluru, India | |
Investment in B2B tech startups at pre-seed and seed stages across various sectors. | 2018 | araliventures.in | Bengaluru, India | |
| unikonshippingventures.tcc.mode | ||||
Investments are made in AEC and construction technology globally. | foundamental.com | |||
Claris Capital is engaged in investing in startup businesses. | clariscapital.in | Ahmedabad, India | ||
Private investment arm of Kris Gopalakrishnan Family Office. | 2014 | pratithi.com | Bengaluru, India | |
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India |
Investor details for Wiz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Wiz
The boards of the 2 registered companies of Wiz currently have 2 directors; the longest-serving is Ramkumar Ramachandran, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramkumar Ramachandran DIN 00620912 | Director | 17 Jul 2020 | 6 yrs 3 mo | Wiz Tracks Private Limited, Radar Ventures Private Limited |
| Ramkumar Govindarajan DIN 03602170 | Director | 17 Jul 2020 | 6 yrs 3 mo | Wiz Tracks Private Limited, Radar Ventures Private Limited |
People of Wiz
7 people are tracked at Wiz (4 in leadership, 3 in team); the tracked headcount is 341.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Amalraj Yetukuri | Chief People Officer | Leadership |
Aravindhan Ashok | Head Of Engineering | Leadership |
Jagadeesh Deivasigamani | Engineering Manager | Team |
Sangeetha Vilvanathan | Senior Manager- Corporate Human Resource | Team |
Priya Dharshini | Lead Associate - HR Operations | Team |
Complete people profiles for Wiz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Wiz
Figures of Wiz Tracks Private Limited, the primary company behind Wiz, for FY 2024. Revenue was ₹13.25 Cr. Net loss was -₹25.04 Cr (-189% margin). EBITDA was -₹33.44 Cr (-252% margin). Revenue has grown at a compounded annual rate of +254% over three years.
- ₹13.25 CrRevenue · FY 2024
- -₹25.04 CrNet loss · -189% margin
- -₹33.44 CrEBITDA · -252% margin
- ₹70,000Paid-up capital
- 50Employees (provident fund records)
- +254%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Wiz Tracks Private Limited are on its company page.
Detailed financial statements for Wiz
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Wiz
4 dated milestones of Wiz across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Wiz is founded.
- Funding First funding round of $228K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $1.8M.
Web traffic of Wiz
The website of Wiz (wizfreight.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 6.8% vs previous month
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Complete news archive for Wiz
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Frequently Asked Questions about Wiz
Wiz was founded in 2020.
Wiz is headquartered in Singapore, Singapore.
Ramkumar Govindarajan is the CEO of Wiz, as recorded in our data. They have also founded this company.
Wiz is a funded company, having raised a total of $57.37M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $228.3K, raised on Apr 2020.
Wiz has 341 employees.
Annual revenue of Wiz is $157.1M as on Mar 31, 2023.
Wiz is established as a digital freight forwarder focused on modern logistics solutions. Services are provided across ocean, air, and surface transportation, alongside customs compliance and bulk shipping. A tech platform is integrated for end-to-end operations, including instant booking, live tracking, and digital payments. Operations are supported in multiple verticals such as electronics, furniture, automobile, chemicals, solar, and fashion. A global network is maintained with presence in over 30 locations, particularly in Asia Pacific, Indian Subcontinent, Middle East, and Southeast Asia.
Wiz offers Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and 2 more products and services.
Wiz has 46 investors. Key investors include Nippon Express, Alteria Capital, Axilor Ventures, Arali Ventures, and Pratithi Investments.
The valuation of Wiz is $82.7M as of Apr 2021.
Wiz is associated with 2 legal entities: Wiz Tracks Private Limited, Radar Ventures Private Limited.
The legal entities of Wiz currently have 2 directors, including Ramkumar Ramachandran, Ramkumar Govindarajan.