Wizzy

Ahmedabad, India Founded: 2019 • Age: 7 yrs
AI-powered eCommerce search solutions are provided for businesses.
Annual revenue - Latest available
Total funding $333,540 2 rounds
Employees 1 Tracked headcount
Investors 31 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Wizzy

Wizzy is a company based in Ahmedabad (India) founded in 2019 by Alok Patel and Aenik Shah. Wizzy has raised $333.54 thousand across 2 funding rounds from investors including Concept Communication, Manipal Technologies and Sat Industries. The company has 1 employees as of April 06, 2024. Wizzy operates in a competitive market with competitors including Syte, nyris, JustVisual, ViSenze and ImageVision, among others.

  • Headquarter Ahmedabad, India
  • Employees 1 as on 06 Apr, 2024
  • Founders Alok Patel, Aenik Shah
  • Stage Minicorn
  • Sectors
    Technology
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wizzy Softech Private Limited
  • Date of Incorporation 02 Nov, 2021
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $333.54 K (USD)

    in 2 rounds

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

    Feb 19, 2022

  • Investors
  • Employee Count
    1

    as on Apr 06, 2024

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Funding Insights of Wizzy

Wizzy has successfully raised a total of $333.54K across 2 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.

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
Investor Description Founded Year Domain Location
Venture capital firm focused on early stage companies
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Early-stage startups are funded by 100X.VC venture capital firm.
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PP/HDPE woven bags are manufactured by Sat Industries.
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Investor details for Wizzy

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Investments & Acquisitions by Wizzy

Investments
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Investment portfolio details for Wizzy

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Financial Statements - Wizzy

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Detailed financials for Wizzy

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Wizzy Comparisons

Wizzy Primary company
Description
AI-powered eCommerce search solutions are provided for busin...
Location
Ahmedabad, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Wizzy

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Competitors of Wizzy

Wizzy 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 Syte, nyris, JustVisual, ViSenze and ImageVision, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Visual search platform for e-commerce is provided using image recognition.
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AI-based software for object and image recognition is provided.
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Provides advanced visual search and image recognition API solutions for businesses.
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AI-based visual search and recognition tools are provided for e-tailers.
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Imaging and computer vision solutions are offered for various applications.
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Visual recognition technology for MRO parts identification is offered.
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Detailed competitors of Wizzy

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Latest news on Wizzy

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Complete news archive for 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 current CEO of Wizzy. They have also founded this company.

Wizzy is a funded company, having raised a total of $333.54K across 2 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Wizzy is 1.

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.

Wizzy's top competitors include nyris, Syte and ViSenze.

Wizzy has 31 investors. Key investors include Concept Communication, Manipal Technologies, Sat Industries, Kolte Patil Family Office, and Udayavani.

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

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