About White Wizard Technologies Private Limited
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White Wizard Technologies Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Bizmo Technologies Pte Ltd. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 12 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2019PTC078467. Its GSTIN is 29AACCW3721H1ZA (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹20.42 Lakh. It is led by directors including Abhiroop Sharad Medhekar and Saurav Swaroop.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 90B Delhi – Jaipur Expressway Sector – 18, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.53 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹16.62 Cr (net margin -48.1%) and EBITDA of -₹16.49 Cr (EBITDA margin -47.8%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years and 235% over five years.
The company has about 151 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velocity. Court records list 10 cases involving the company, including 3 filed by the company and 4 filed against it; 2 cases are pending. The company has 6 deals on record (4 rights issues, 2 secondary share transfers); the latest was in March 2022. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Mojo Markets Private Limited with revenue of ₹35.13 Cr.
For more details, the company can be reached via its website velocity.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address90B Delhi – Jaipur Expressway Sector – 18, Gurgaon, Haryana, India – 122001
- IndustryInternet, Online Financial Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with White Wizard Technologies Private Limited
White Wizard Technologies operates one associated brand: Velocity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Revenue-based financing and tools are offered to e-commerce businesses. | velocity.in |
Business Activity of White Wizard Technologies Private Limited
The main business activity of White Wizard Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of White Wizard Technologies Private Limited FY 2024 filings available
White Wizard Technologies Private Limited reported revenue of ₹34.53 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of White Wizard Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 235% over five years, including 55% growth in the latest year. EBITDA rose 59% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of White Wizard Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹16.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹16.62 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of White Wizard Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -48.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of White Wizard Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of White Wizard Technologies Private Limited
White Wizard Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhiroop Sharad Medhekar Also directs: Revgro Capital Private Limited, White Wizard Solutions Private Limited, Crenovative Ideas Private Limited and 1 more | Director | 12 Feb 2019 | 7 Years 8 Months | Current |
| Saurav Swaroop Also directs: Revgro Capital Private Limited, Access Equity Private Limited | Director | 12 Nov 2020 | 5 Years 11 Months | Current |
| Atul Khichariya | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
Peer Comparison of White Wizard Technologies Private Limited
White Wizard Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mojo Markets Private Limited | ₹35.13 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| SL Chokhany Leasing & Finance Company Private Limited | ₹35.11 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | West Bengal, India |
| Ecofy Finance Private Limited | ₹34.91 Cr (FY 2024) | •••• | •••• | 1009.0% | •••• | Mumbai, Maharashtra, India |
| Decentro Tech Private Limited | ₹34.82 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Haryana, India |
| Finhaat Technologies Private Limited | ₹34.59 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| White Wizard Technologies Private Limited this company | ₹34.53 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Gurgaon, Haryana, India |
| B R D Finance Limited | ₹34.38 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Thrissur, Kerala, India |
| Zikzuk Technologies Private Limited | ₹34.33 Cr (FY 2024) | •••• | •••• | 157.0% | •••• | Hyderabad, Telangana, India |
| Indmoney Global (Ifsc) Private Limited | ₹34.03 Cr (FY 2025) | •••• | •••• | 3521.0% | •••• | Gandhinagar, Gujarat, India |
| Valueplus Technologies Private Limited | ₹33.92 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Chennai, Tamil Nadu, India |
| Amazon Finance India Private Limited | ₹33.8 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below White Wizard Technologies by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of White Wizard Technologies Private Limited
White Wizard Technologies Private Limited is audited by ASKM & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASKM & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of White Wizard Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of White Wizard Technologies Private Limited
White Wizard Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of White Wizard Technologies Private Limited
White Wizard Technologies Private Limited has 6 deals on record (4 rights issues, 2 secondary share transfers); the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹37.87 Cr | Investors: Bizmo Technologies Pte. Ltd. |
| Feb 2022 | Rights issue | ₹37.51 Cr | Investors: Bizmo Technologies Pte. Ltd. |
| Sep 2021 | Rights issue | ₹24.97 Cr | Investors: Bizmo Technologies Pte. Ltd. |
| Dec 2020 | Rights issue | ₹22.03 Cr | Investors: Bizmo Technologies Pte. Ltd. |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Bizmo Technologies Pte. Ltd. Seller: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of White Wizard Technologies Private Limited
White Wizard Technologies Private Limited has 10 court cases on record: 3 filed by White Wizard Technologies, 4 filed against it, 3 where it is another party. 2 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Yes Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed by the company against Government of Gujarat | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at White Wizard Technologies Private Limited
White Wizard Technologies Private Limited has a workforce of 151 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on White Wizard Technologies Private Limited
White Wizard Technologies Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Saurav Swaroop was appointed as Director on 12 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for White Wizard Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by White Wizard Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of White Wizard Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of White Wizard Technologies Private Limited
White Wizard Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW3721H1ZA | Karnataka | Active | 06 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of White Wizard Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about White Wizard Technologies Private Limited
Frequently Asked Questions about White Wizard Technologies Private Limited
White Wizard Technologies is an active private limited company based in Gurgaon, Haryana, India. The company works in online financial services, within the internet industry. It was incorporated on 12 February 2019 (7+ years old) and is registered under CIN U72900HR2019PTC078467.
White Wizard Technologies reported revenue of ₹34.53 Cr for FY 2025 (up 55% YoY).
White Wizard Technologies has 3 current directors:
- Abhiroop Sharad Medhekar - Director
- Saurav Swaroop - Director
- Atul Khichariya - Director
White Wizard Technologies reported a net loss of ₹16.62 Cr (net margin -48.1%) and EBITDA of -₹16.49 Cr (EBITDA margin -47.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of White Wizard Technologies is 89% over three years and 235% over five years. In the latest year (FY 2025) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of White Wizard Technologies is 29AACCW3721H1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of White Wizard Technologies is U72900HR2019PTC078467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
White Wizard Technologies has 10 court cases on record: 3 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
White Wizard Technologies was incorporated on 12 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
White Wizard Technologies has 6 deals on record (4 rights issues, 2 secondary share transfers); the latest was in March 2022.
The peers of White Wizard Technologies by revenue are Mojo Markets Private Limited, SL Chokhany Leasing & Finance Company Private Limited, Ecofy Finance Private Limited, Decentro Tech Private Limited, Finhaat Technologies Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).