About Wydr
Wydr is a Retail company based in Gurugram (India) founded in 2015 by Hitha Giridhar Uchil. It operates as a wholesale transactions are enabled via a mobile-first online marketplace. Wydr has raised $3.6 million across 4 funding rounds from investors including Bessemer Venture Partners, Stellaris Venture Partners and Jungle Ventures. The company has 1 employees. Wydr was last valued at $9.2 million in February 2018. Its focus areas include B2B E-Commerce, Horizontal and Marketplace. Its competitors include IndiaMART, Moglix, Udaan, Solv and ProcMart and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Wydr was founded in 2015 and is based in Gurugram, India. The platform operates as a mobile-first online marketplace focused on wholesale transactions within the e-commerce sector. A reverse auction model is utilized to provide procurers with negotiation advantages, while assured repayment is ensured for sellers based on agreed terms. Real-time communication is facilitated through an integrated chat feature for all involved parties.
- Annual Revenue$397.06 (USD)-100as on Mar 31, 2024
- Net Profit-$33.19 K (USD)-138as on Mar 31, 2024
- EBITDA-$31.3 K (USD)-135as on Mar 31, 2024
- Total Equity Funding$3.6M (USD)
in 4 rounds
- Latest Funding Round$336.88K (USD), Series A
Apr 2018
- InvestorsBessemer Venture Partners
& 6 more
- Employee Count1
Associated legal entities of Wydr
Wydr is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ayn Network Private Limited CIN U74140DL2015PTC274943 | Strike Off | 03 Jan 2015 | New Delhi, Delhi | – | – | 2 | View details |
| Techwider Technologies Private Limited CIN U72900DL2016PTC292911 | Active | 21 Mar 2016 | Delhi, Delhi | ₹0.0 Cr | 22 | 2 | View details |
Funding Insights of Wydr
Wydr has successfully raised a total of $3.6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $336.88 thousand completed in April 2018. 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 $3.6M
- Total Rounds 4
- Last Round Series A — $336,877
- First Round $1.92M
(Nov 2016)
- Investors Count 7
All 4 funding rounds of Wydr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $336,877 | Series A | – | – | – |
| Feb 2018 | $341,774 | Series A | $9.2M | Jungle Ventures, Stellaris Venture Partners | – |
| Jul 2017 | $1.01M | Series A | $9M | Stellaris Venture Partners | |
| Nov 2016 | $1.92M | Series A | – | Stellaris Venture Partners |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2018 | $9.2M | •••••••• |
| Jul 2017 | $9M | •••••••• |
Last known valuation $9.2M (Feb 2018). 7 investors in total: 4 institutional and 3 angel.
Investors in Wydr
Wydr has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Stellaris Venture Partners and Jungle Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors. | – | jungle.vc | - | |
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Seed & early stage focused VC firm investing in the US, India & China | – | axis-cap.com | Hong Kong, China | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
SS Shamsher Singh Sindhu | - | – | unknown_54de7f32828643228 | - |
RS Ramakanth Sharma | - | – | unknown_e612a0934dd04f4aa | - |
SS Shamser Singh Sidhu | - | – | unknown_41c7b8c05a3d4023b | - |
Investor details for Wydr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Wydr
The boards of the 2 registered companies of Wydr currently have 2 directors; the longest-serving is Devesh Rai Gadegawalia, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devesh Rai Gadegawalia DIN 06692674 | Director | 22 Nov 2016 | 9 yrs 10 mo | Techwider Technologies Private Limited, Ayn Network Private Limited |
| Hitha Uchil DIN 02452876 | Director | 22 Nov 2016 | 9 yrs 10 mo | Techwider Technologies Private Limited, Ayn Network Private Limited |
People of Wydr
1 people are tracked at Wydr (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Wydr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Wydr
Figures of Techwider Technologies Private Limited, the primary company behind Wydr, for FY 2024. Revenue was ₹32,867 (-100% year on year). Net loss was -₹27.5 Lakh (-8359% margin). EBITDA was -₹25.9 Lakh (-7882% margin). Revenue has grown at a compounded annual rate of +212% over three years and -68% over five years.
- ₹32,867Revenue · FY 2024 · -100% YoY
- -₹27.5 LakhNet loss · -8359% margin
- -₹25.9 LakhEBITDA · -7882% margin
- ₹7.1 LakhPaid-up capital
- 22Employees (provident fund records)
- +212%Revenue CAGR, 3 years
- -68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techwider Technologies Private Limited are on its company page.
Detailed financial statements for Wydr
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Wydr
4 dated milestones of Wydr across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Wydr is founded.
- Funding First funding round of $1.9M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $337K.
Competitors of Wydr
Wydr has 8 listed competitors in our database, 7 of them funded. They include IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| udaan.com | 2016 | Bengaluru, India | $2.7B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 423 | Online platform offering procurement and supply chain solutions | |
| tradeindia.com | 1996 | Noida, India | – | 1,213 | Multi-category products are facilitated via a B2B marketplace platform. | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| anar.biz | 2019 | Mumbai, India | $6.46M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of Wydr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in B2B Marketplaces & Wholesale
10 companies that operate in the same segment as Wydr (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 30,125 | |
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 1,193 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – |
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Related news about Wydr
Complete news archive for Wydr
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Frequently Asked Questions about Wydr
Wydr was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Wydr is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Wydr is a funded company, having raised a total of $3.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.92M, raised on Nov 2016.
Wydr has 1 employees.
Annual revenue of Wydr is $397.06 as on Mar 31, 2024.
Wydr was founded in 2015 and is based in Gurugram, India. The platform operates as a mobile-first online marketplace focused on wholesale transactions within the e-commerce sector. A reverse auction model is utilized to provide procurers with negotiation advantages, while assured repayment is ensured for sellers based on agreed terms. Real-time communication is facilitated through an integrated chat feature for all involved parties.
Wydr has 7 investors. Key investors include Bessemer Venture Partners, Stellaris Venture Partners, Jungle Ventures, Axis Capital Partners, and Shamsher Singh Sindhu.
The valuation of Wydr is $9.2M as of Feb 2018.
Wydr is associated with 2 legal entities: Techwider Technologies Private Limited, Ayn Network Private Limited.
The legal entities of Wydr currently have 2 directors, including Devesh Rai Gadegawalia, Hitha Uchil.