About Wizely
Wizely is a company based in Bengaluru (India) founded in 2016 by Nihar Bobba and Vijay Bobba.. Wizely has raised $1.32 million across 1 funding round from investors including Javelin Venture Partners. The company has 16 employees as of April 08, 2024. Wizely operates in a competitive market with competitors including Kaleidofin, Tala, Acru, Siply and Dvara Money, among others.
- Headquarter Bengaluru, India
- Employees 16 as on 08 Apr, 2024
- Founders Nihar Bobba, Vijay Bobba
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Cowper Labs Private Limited
- Date of Incorporation 31 Jul, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$906.76 K (USD)-5.41as on Mar 31, 2023
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Net Profit
$498.72 K (USD)1456.61as on Mar 31, 2023
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EBITDA
$263.51 K (USD)237.06as on Mar 31, 2023
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Total Equity Funding
$1.32 M (USD)
in 1 rounds
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Latest Funding Round
$1.32 M (USD), Seed
Sep 11, 2017
- Investors
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Employee Count
16
as on Apr 08, 2024
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Funding Insights of Wizely
Wizely has successfully raised a total of $1.32M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.32 million completed in September 2017. 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 — $1.3M
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First Round
First Round
(11 Sep 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Seed - Wizely | Valuation | Javelin Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wizely
Wizely has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Javelin Venture Partners. 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 |
|---|---|---|---|---|
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Seed and early-stage tech investments are made in US companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wizely
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wizely
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wizely Comparisons
Competitors of Wizely
Wizely 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 Kaleidofin, Tala, Acru, Siply and Dvara Money, 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 |
Provider of financial technology solutions for inclusive lending
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Micro-savings are enabled via app for mutual fund investments.
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| domain | founded_year | HQ Location |
Provider of micro‑savings and financial inclusion services via AI‑driven app
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| domain | founded_year | HQ Location |
Wealth management services are delivered via diversified tech-enabled accounts.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wizely
Frequently Asked Questions about Wizely
When was Wizely founded?
Wizely was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Wizely located?
Wizely is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Wizely?
Vijay Bobba is the current CEO of Wizely. They have also founded this company.
Is Wizely a funded company?
Wizely is a funded company, having raised a total of $1.32M across 1 funding round to date. The company's 1st funding round was a Seed of $1.32M, raised on Sep 11, 2017.
How many employees does Wizely have?
As of Apr 08, 2024, the latest employee count at Wizely is 16.
What is the annual revenue of Wizely?
Annual revenue of Wizely is $906.76K as on Mar 31, 2023.
What does Wizely do?
Wizely was established in 2016 in Bengaluru, India, as a fintech platform focused on personal savings. Bank accounts are linked by users to facilitate automated transfers based on custom rules, including spending percentages and durations. Savings goals for specific purchases are set within the app, enabling accumulation toward financial objectives in a streamlined manner.
Who are the top competitors of Wizely?
Wizely's top competitors include Kaleidofin, Tala and Acru.
Who are Wizely's investors?
Wizely has 1 investor. Key investors include Javelin Venture Partners.