Wylo

Chennai, India Founded: 2019 • Age: 7 yrs
Community platform for brands and creators
Annual revenue - Latest available
Total funding $98,261 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Wylo

Wylo is a company based in Chennai (India) founded in 2019 by Omnath Premnath. Wylo has raised $98.26 thousand across 2 funding rounds from investors including FITTR, Dbaconsultants and karthikkumar Nattamai Kumaresan. Wylo operates in a competitive market with competitors including Friendster, Spring.me, Omi, Friendable and Melon AI, among others.

  • Headquarter Chennai, India
  • Founders Omnath Premnath
  • Stage Minicorn
  • Sectors
    Technology
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wylo Networks Private Limited
  • Date of Incorporation 01 Apr, 2019
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$49.28 K (USD)
    -286.34
    as on Mar 31, 2022
  • EBITDA
    -$49.1 K (USD)
    -284.96
    as on Mar 31, 2022
  • Total Equity Funding
    $98.26 K (USD)

    in 2 rounds

  • Latest Funding Round
    $29.49 K (USD), Seed

    Sep 23, 2022

  • Investors
    FITTR

    & 5 more

  • Employee Count
    Not available
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Funding Insights of Wylo

Wylo has successfully raised a total of $98.26K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $29.49 thousand completed in September 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 Wylo

Wylo has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include FITTR, Dbaconsultants and karthikkumar Nattamai Kumaresan.

All
Institutional
Angel
Investor Description Founded Year Domain Location
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Personalized online fitness and nutrition coaching is provided.
Locked Locked Locked

karthikkumar Nattamai Kumaresan

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Investor details for Wylo

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Investments & Acquisitions by Wylo

Investments
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Investment portfolio details for Wylo

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  • Transaction dates
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Financial Statements - Wylo

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Detailed financials for Wylo

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Wylo Comparisons

Wylo Primary company
Description
Community platform for brands and creators
Location
Chennai, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
-$49.28 K (USD)
EBITDA
-$49.1 K (USD)
Employees
Not available
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Peer comparison for Wylo

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Competitors of Wylo

Wylo 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 Friendster, Spring.me, Omi, Friendable and Melon AI, among others.

Company Name Domain Founded year HQ Location Description
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User experience and data privacy are prioritized in social networking.
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Social networking portal
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A dating and social networking platform is provided by Omi.
Locked Locked Locked
Functions as an app-based platform to connect people socially.
Locked Locked Locked
Artificial intelligence solutions for business process automation are developed.
Locked Locked Locked
Cloud-based community platform is provided to enterprises for engagement.
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Detailed competitors of Wylo

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Latest news on Wylo

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Complete news archive for Wylo

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Frequently Asked Questions about Wylo

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

Wylo is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Omnath Premnath is the current CEO of Wylo. They have also founded this company.

Wylo is a funded company, having raised a total of $98.26K across 2 funding rounds to date.

Wylo was founded in 2019 in Chennai, India, as a community platform in the social technology sector. Real-time management is enabled through features like forums, chats, branding, and events. Creators can engage audiences and monetize via dedicated tools, while users select topics to connect with others sharing similar interests. Support is offered for brand, product, and learning communities. The platform is accessible via Android and iOS applications.

Wylo's top competitors include Omi, Spring.me and Friendster.

Wylo has 6 investors. Key investors include FITTR, Dbaconsultants, karthikkumar Nattamai Kumaresan, Aarthi Kochi Kishore Kumar, and Shree Viswa Shamanthan Laguduva Dhuvarakanath.

The valuation of Wylo is $2.86M as of Sep 2022.

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