About WizIQ
WizIQ is a company based in Sahibzada Ajit Singh Nagar (India) founded in 2006 by Harbir Khurana.. WizIQ has raised $4 million across 2 funding rounds from investors including Bertelsmann India Investments, Kaizenvest and Rajan Anandan. WizIQ operates in a competitive market with competitors including Baijiayun, Class, Impartus, ClassIn and Edflex, among others.
- Headquarter Sahibzada Ajit Singh Nagar, India
- Founders Harbir Khurana
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Sectors
EducationTechnology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$806.5 K (USD)-29as on Mar 31, 2023
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Net Profit
$-41.7 K (USD)-198as on Mar 31, 2023
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EBITDA
$-8.57 K (USD)-119as on Mar 31, 2023
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series B
Jan 24, 2013
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Investors
Bertelsmann India Investments
& 2 more
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Employee Count
Employee Count
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Funding Insights of WizIQ
WizIQ has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in January 2013. 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 2
- Last Round Series B — $4.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series B - WizIQ | Valuation | Kaizenvest | |
| Jun, 2006 | Amount | Angel Round - WizIQ | Valuation | Rajan Anandan |
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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 WizIQ
WizIQ has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Bertelsmann India Investments, Kaizenvest and Rajan Anandan. 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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Venture capital firm backed by Bertelsmann
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Founded Year | Domain | Location | |
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Venture capital investments in education sectors are managed by Kaizenvest.
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Founded Year | Domain | Location | |
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RA
Rajan Anandan |
Managing Director at Peak XV, ex-Google India head, prolific angel investor
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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 WizIQ
| 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 - WizIQ
| 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 |
Wiziq Comparisons
Competitors of WizIQ
WizIQ 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 Baijiayun, Class, Impartus, ClassIn and Edflex, 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 |
Online virtual learning solutions for broadcasting and training are provided.
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| domain | founded_year | HQ Location |
Virtual classroom solutions are provided for online learning and training.
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| domain | founded_year | HQ Location |
Online virtual classes platform is offered for schools and colleges.
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| domain | founded_year | HQ Location |
Online classroom solutions for teaching and conferencing are provided.
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| domain | founded_year | HQ Location |
Online platform for virtual training and learning system
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| domain | founded_year | HQ Location |
AI-based business management software for creators and tutors
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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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Frequently Asked Questions about WizIQ
When was WizIQ founded?
WizIQ was founded in 2006.
Where is WizIQ located?
WizIQ is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.
Is WizIQ a funded company?
WizIQ is a funded company, having raised a total of $4M across 2 funding rounds to date.
What is the annual revenue of WizIQ?
Annual revenue of WizIQ is $806.5K as on Mar 31, 2023.
What does WizIQ do?
Founded in 2006 in Sahibzada Ajit Singh Nagar, India, WizIQ operates in the edtech sector as an online learning platform. Tools are offered for educators and organizations to create, manage, and deliver courses to institutions and enterprises. Features encompass real-time video interactions, collaborative whiteboards, attendance tracking, assessments with question banks, and integrations with third-party systems. A subscription-based pricing model is utilized.
Who are the top competitors of WizIQ?
Who are WizIQ's investors?
WizIQ has 3 investors. Key investors include Bertelsmann India Investments, Kaizenvest, and Rajan Anandan.
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