Wizzy

Ahmedabad, India Founded: 2019 • Age: 7 yrs Minicorn
AI-powered eCommerce search solutions are provided for businesses.

About Wizzy

Wizzy is a Technology company based in Ahmedabad (India) founded in 2019 by Alok Patel and Aenik Shah. AI-powered eCommerce search solutions are provided for businesses. It operates in the Technology and Retail sectors. Wizzy has raised $333.54 thousand across 3 funding rounds from investors including Concept Communication, Manipal Technologies and Sat Industries. The company has 1 employees. Wizzy was last valued at $1.94 million in February 2022. Its chief executive, as recorded, is Aenik Shah. Its Indian entity Wizzy Softech Private Limited reported revenue of β‚Ή1.83 Cr. Its focus areas include E-Commerce Enablers, Customer Experience Management, Visual Search and High Tech.

Company details

Founded in 2019 in Ahmedabad, India, Wizzy operates in the AI sector for eCommerce. Search queries from visitors are analyzed using artificial intelligence and machine learning to generate relevant results. Features such as smart suggestions, filtering options, behavior tracking, and performance insights are included. Integration with platforms including Shopify and Magento is enabled, with services offered on a subscription model.

  • Headquarters Ahmedabad, India
  • Employees 1
  • Founders Alok Patel, Aenik Shah
  • Stage Minicorn
  • Sectors
    Technology
    Retail
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website wizzy.ai
  • Social LinkedIn X Facebook
  • Legal Name Wizzy Softech Private Limited
  • Date of Incorporation 02 Nov, 2021
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹1.83 Cr

    FY 2025 · +138% YoY

  • Net Loss
    -₹10 Lakh

    FY 2025 · -5% margin

  • EBITDA
    -₹9.1 Lakh

    FY 2025 · -5% margin

  • Total Equity Funding
    $333.54K (USD)

    in 3 rounds

  • Latest Funding Round
    $300K (USD), Seed

    Feb 2022

  • Investors
  • Employee Count
    1

Funding Insights of Wizzy

Wizzy has successfully raised a total of $333.54K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in February 2022. 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 $333,540
  • Total Rounds 3
  • Last Round Seed β€” $300,000
  • First Round $33,540

    (Nov 2021)

  • Investors Count 31

All 3 funding rounds of Wizzy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$300,000Seed$1.94MUdayavani, Concept Communication
Jan 2022Seed––
–
Nov 2021$33,540Seed$399,485100X.VC
–
Valuation history
DateValuationStage
Feb 2022$1.94Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.94M (Feb 2022). 31 investors in total: 7 institutional and 24 angel.

Investors in Wizzy

Wizzy has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Concept Communication, Manipal Technologies and Sat Industries.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early stage companies
kpfoventures.comMumbai, India
Early-stage startups are funded by 100X.VC venture capital firm.
100x.vcMumbai, India
PP/HDPE woven bags are manufactured by Sat Industries.
1984satgroup.inMumbai, India
Kannada language daily newspaper operating in Karnataka
udayavani.comManipal, India
Marketing and advertising services are provided in Mumbai, India.
1969conceptindia.comMumbai, India
Diversified conglomerate operating across multiple industries
1941manipaltechnologies.comManipal, India
Agricultural joint venture producing and selling sustainable oils, grains, seeds, and crops.
2010quattroventures.caBow Island, Canada

Amogh Agashe

unknown_6f7c5b65d11f45d2b

Saguna Desai

unknown_c12c120970834a029

Nikita Bhuta

unknown_02f5e1a9e0e64cb98
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Investor details for Wizzy

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Board of directors of Wizzy Softech Private Limited (Wizzy)

Wizzy Softech Private Limited is the primary company behind Wizzy. The board of Wizzy Softech Private Limited currently have 2 directors; the longest-serving is Alok Kamleshbhai Patel, appointed in 2021.

DirectorDesignationAppointedTenureEntity
Alok Kamleshbhai Patel
DIN 08023632
Director02 Nov 20214 yrs 11 moWizzy Softech Private Limited
Aenik Nikhilkumar Shah
DIN 09385449
Director02 Nov 20214 yrs 11 moWizzy Softech Private Limited

People of Wizzy

2 people are tracked at Wizzy (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
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Financials of Wizzy

Figures of Wizzy Softech Private Limited, the primary company behind Wizzy, for FY 2025. Revenue was ₹1.83 Cr (+138% year on year). Net loss was -₹10 Lakh (-5% margin). EBITDA was -₹9.1 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +343% over three years.

  • ₹1.83 CrRevenue · FY 2025 · +138% YoY
  • -₹10 LakhNet loss · -5% margin
  • -₹9.1 LakhEBITDA · -5% margin
  • ₹26.2 LakhPaid-up capital
  • +343%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Wizzy Softech Private Limited are on its company page.

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Detailed financial statements for Wizzy

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Timeline of Wizzy

4 dated milestones of Wizzy across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wizzy is founded.
  2. Funding First funding round of $34K.
  3. Funding Latest funding round, Seed, of $300K.
  4. Milestone Reaches Minicorn status.

Web traffic of Wizzy

The website of Wizzy (wizzy.ai) receives about 9.4K visits a month.

  • Monthly visits
    9.4K

    ▼ 24% vs previous month

Similar websites

Websites whose visitors overlap most with Wizzy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
reachy.ai
reachy.ai
100%
#4,104,869–
textbuilder.ai
textbuilder.ai
94%
#880,323–
cinema8.com
cinema8.com
87%
#483,243–
miros.ai
65%
3.3K#6,014,404View details
dremio.com
51%
174.5K#252,456View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Wizzy

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Frequently Asked Questions about Wizzy

Wizzy was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Wizzy is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Aenik Shah is the CEO of Wizzy, as recorded in our data. They have also founded this company.

Wizzy is a funded company, having raised a total of $333.54K across 3 funding rounds to date. The company's 1st funding round was a Seed of $33.54K, raised on Nov 2021.

Wizzy has 1 employees.

The primary company behind Wizzy, Wizzy Softech Private Limited, reported revenue of β‚Ή1.83 Cr for FY 2025, up 138% year on year.

Founded in 2019 in Ahmedabad, India, Wizzy operates in the AI sector for eCommerce. Search queries from visitors are analyzed using artificial intelligence and machine learning to generate relevant results. Features such as smart suggestions, filtering options, behavior tracking, and performance insights are included. Integration with platforms including Shopify and Magento is enabled, with services offered on a subscription model.

The valuation of Wizzy is $1.94M as of Feb 2022.

Wizzy operates through Wizzy Softech Private Limited.

The legal entities of Wizzy currently have 2 directors, including Alok Kamleshbhai Patel, Aenik Nikhilkumar Shah.

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