About Wylo
Wylo is a Technology company based in Chennai (India) founded in 2019 by Omnath Premnath. Community platform for brands and creators. It operates in the Technology and Media & Entertainment sectors. Wylo has raised $98.26 thousand across 2 funding rounds from investors including FITTR, Dbaconsultants and karthikkumar Nattamai Kumaresan. Wylo was last valued at $2.86 million in September 2022. Its chief executive, as recorded, is Omnath Premnath. Its Indian entity Wylo Networks Private Limited reported revenue of ₹7.7 Lakh. Its focus areas include Consumer, Social Platforms, Interest Based and Horizontal.
Company details
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.
- Headquarters Chennai, India
- Founders Omnath Premnath
- Stage Minicorn
- SectorsTechnologyMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website wyloapp.com
- Social LinkedIn X Facebook Instagram
- Legal Name Wylo Networks Private Limited
- Date of Incorporation 01 Apr, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹7.7 Lakh
FY 2024 · +3881% YoY
- Net Loss-₹49.2 Lakh
FY 2024 · -636% margin
- EBITDA-₹49.2 Lakh
FY 2024 · -636% margin
- Total Equity Funding$98.26K (USD)
in 2 rounds
- Latest Funding Round$29.49K (USD), Seed
Sep 2022
- InvestorsFITTR
& 5 more
Associated legal entities of Wylo
Wylo operates through Wylo Networks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wylo Networks Private Limited CIN U74999TN2019PTC128451 | Active | 01 Apr 2019 | Chennai, Tamil Nadu | ₹0.1 Cr | 2 | View details |
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.
- Total Funding $98,261
- Total Rounds 2
- Last Round Seed — $29,494
- First Round $68,767
(Mar 2021)
- Investors Count 6
All 2 funding rounds of Wylo 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 |
|---|---|---|---|---|---|
| Sep 2022 | $29,494 | Seed | $2.86M | Dbaconsultants | |
| Mar 2021 | $68,767 | Seed | $460,238 | FITTR | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $2.86M | •••••••• |
Last known valuation $2.86M (Sep 2022). 6 investors in total: 3 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| dbaconsultants.co.in | ||||
Personalized online fitness and nutrition coaching is provided. | 2016 | fittr.com | Pune, India | |
KN karthikkumar Nattamai Kumaresan | unknown_67836e398750412e9 | |||
AK Aarthi Kochi Kishore Kumar | unknown_811053a8533042c48 | |||
SV Shree Viswa Shamanthan Laguduva Dhuvarakanath | unknown_3830648dcd83494f9 | |||
Investor details for Wylo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Wylo Networks Private Limited (Wylo)
Wylo Networks Private Limited is the primary company behind Wylo. The board of Wylo Networks Private Limited currently have 2 directors; the longest-serving is Puliadi Amarnath Aswinkumaar, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puliadi Amarnath Aswinkumaar DIN 07294296 | Director | 01 Apr 2019 | 7 yrs 7 mo | Wylo Networks Private Limited |
| Puliadi Premnath Omnath DIN 08076466 | Managing Director | 01 Apr 2019 | 7 yrs 7 mo | Wylo Networks Private Limited |
People of Wylo
1 people are tracked at Wylo (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Wylo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Wylo
Figures of Wylo Networks Private Limited, the primary company behind Wylo, for FY 2024. Revenue was ₹7.7 Lakh (+3881% year on year). Net loss was -₹49.2 Lakh (-636% margin). EBITDA was -₹49.2 Lakh (-636% margin).
- ₹7.7 LakhRevenue · FY 2024 · +3881% YoY
- -₹49.2 LakhNet loss · -636% margin
- -₹49.2 LakhEBITDA · -636% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Wylo Networks Private Limited are on its company page.
Detailed financial statements for Wylo
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
Verified entity values are shown only after access is granted.
Timeline of Wylo
4 dated milestones of Wylo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Wylo is founded.
- Funding First funding round of $69K.
- Funding Latest funding round, Seed, of $29K.
- Milestone Reaches Minicorn status.
Web traffic of Wylo
The website of Wylo (wyloapp.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 38.4% vs previous month
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Related news about Wylo
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 CEO of Wylo, as recorded in our data. They have also founded this company.
Wylo is a funded company, having raised a total of $98.26K across 2 funding rounds to date. The company's 1st funding round was a Seed of $68.77K, raised on Mar 2021.
The primary company behind Wylo, Wylo Networks Private Limited, reported revenue of ₹7.7 Lakh for FY 2024, up 3881% year on year.
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 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.
Wylo operates through Wylo Networks Private Limited.
The legal entities of Wylo currently have 2 directors, including Puliadi Amarnath Aswinkumaar, Puliadi Premnath Omnath.