Wiztrit

Mumbai, India Founded: 2015 • Age: 11 yrs
Mobile-first summaries of novels are delivered in concise formats.

About Wiztrit

Wiztrit is a Media & Entertainment company based in Mumbai (India) founded in 2015. Mobile-first summaries of novels are delivered in concise formats. Its Indian entity Closelook Info Technology Private Limited reported revenue of β‚Ή8.7 Lakh. Wiztrit offers products and services including Memoir Writing Service, Hardbound Book, and eBook. Its focus areas include Book Tech and Book Summarization Platforms.

Company details

Wiztrit was founded in 2015 in Mumbai, India, within the literary technology sector. Ten-minute summaries of prominent novels are provided through its website and mobile app. The platform functions as a resource for book discovery among users. Excerpts from summaries can be selected on the app for offline reading. Core operations remain based in India, supported by a founder who graduated from IIT-G.

Key Metrics
  • Annual Revenue
    ₹8.7 Lakh

    FY 2024 · +41% YoY

  • Net Profit
    ₹48,510

    FY 2024 · 6% margin

  • EBITDA
    ₹48,771

    FY 2024 · 6% margin

Products & Services of Wiztrit

Wiztrit offers a comprehensive portfolio of products and services, including Memoir Writing Service, Hardbound Book, and eBook.

Memoir Writing Service
Content Creation

Transforms personal life stories into written biographies through interviews.

Hardbound Book
Publishing

Physical book version of completed memoirs for personal keepsakes.

eBook
Digital Media

Electronic formats like EPUB for easy sharing of memoirs.

Board of directors of Closelook Info Technology Private Limited (Wiztrit)

Closelook Info Technology Private Limited is the primary company behind Wiztrit. The board of Closelook Info Technology Private Limited currently have 2 directors; the longest-serving is Akshat Khare, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Akshat Khare
DIN 07832081
Director15 May 20179 yrs 5 moCloselook Info Technology Private Limited
Mridul Khare
DIN 07186130
Director15 May 20179 yrs 5 moCloselook Info Technology Private Limited

Financials of Wiztrit

Figures of Closelook Info Technology Private Limited, the primary company behind Wiztrit, for FY 2024. Revenue was ₹8.7 Lakh (+41% year on year). Net profit was ₹48,510 (6% margin). EBITDA was ₹48,771 (6% margin). Revenue has grown at a compounded annual rate of -6% over three years and 0% over five years.

  • ₹8.7 LakhRevenue · FY 2024 · +41% YoY
  • ₹48,510Net profit · 6% margin
  • ₹48,771EBITDA · 6% margin
  • ₹1 LakhPaid-up capital
  • -6%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Closelook Info Technology Private Limited are on its company page.

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Detailed financial statements for Wiztrit

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Top companies in Book & Digital Reading Platforms

3 companies that operate in the same segment as Wiztrit (Book & Digital Reading Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
An audio streaming platform for series and stories is operated.
2018Bengaluru, Karnataka, IndiaUSD 196.66 MUSD 30.62 M1,044
Platform connecting readers and writers, offering digital literature in multiple languages
2014Bengaluru, Karnataka, IndiaUSD 92.65 MUSD 6.84 M162
Audiobooks and stories in multiple Indian languages are provided.
2018Mumbai, Maharashtra, IndiaUSD 122.32 MUSD 12.17 M310
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Frequently Asked Questions about Wiztrit

Wiztrit was founded in 2015.

Wiztrit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Wiztrit, Closelook Info Technology Private Limited, reported revenue of β‚Ή8.7 Lakh for FY 2024, up 41% year on year.

Wiztrit was founded in 2015 in Mumbai, India, within the literary technology sector. Ten-minute summaries of prominent novels are provided through its website and mobile app. The platform functions as a resource for book discovery among users. Excerpts from summaries can be selected on the app for offline reading. Core operations remain based in India, supported by a founder who graduated from IIT-G.

Wiztrit offers Memoir Writing Service, Hardbound Book, and eBook.

Wiztrit operates through Closelook Info Technology Private Limited.

The legal entities of Wiztrit currently have 2 directors, including Akshat Khare, Mridul Khare.

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