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 125 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Velocity. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 3 cases are pending. The company has 6 deals on record (4 rights issues, 2 secondary share transfers); the latest was in March 2022.
For more details, the company can be reached via its website velocity.in.
Company details
Contact details
White Wizard Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is velocity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address90B Delhi – Jaipur Expressway Sector – 18, Gurgaon, Haryana, India – 122001
- IndustryInternet, Online Financial Services
To see the full contact details of White Wizard Technologies Private Limited, buy the company report.
- 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
Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of White Wizard Technologies Private Limited, buy the company report.
Financials of White Wizard Technologies Private Limited
FY 2024 filings availableWhite Wizard Technologies Private Limited reported revenue of ₹34.53 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹16.49 Cr | ||||
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| Net Profit (PAT) | -₹16.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -47.8% | ||||
| Net Profit Margin | -48.1% | ||||
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To see the full financial statements and ratios of White Wizard Technologies Private Limited, buy the company report.
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 9 Months | Current |
| Saurav Swaroop Also directs: Revgro Capital Private Limited, Access Equity Private Limited | Director | 12 Nov 2020 | 6 Years 0 Months | Current |
| Atul Khichariya | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
Auditor
White Wizard Technologies Private Limited is audited by ASKM & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASKM & Associates | FY 2023 | 000165N |
Shareholding
The shareholding of White Wizard Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of White Wizard Technologies Private Limited, buy the company report.
Deals & funding
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 |
To see the full deal history of White Wizard Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
White Wizard Technologies Private Limited has 11 court cases on record: 4 filed by White Wizard Technologies, 7 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Yes Bank Ltd Through Its Authorised Officer Priya Bhange | Pending |
| High Court | Court case (CRL.P) | Filed against the company by French Crown Private Limited and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Trillionoans Fintech Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against individuals | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S S B Desings, Rep by Its Proprietor Byresh U D | Disposed |
To see the full case history of White Wizard Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for White Wizard Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
White Wizard Technologies Private Limited has a workforce of 125 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 125 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of White Wizard Technologies Private Limited, buy the company report.
GST
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 |
To see the full GST registrations and return filing status of White Wizard Technologies Private Limited, buy the company report.
Recent activity
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.
News
Frequently asked questions
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 has 3 current directors:
- Abhiroop Sharad Medhekar - Director
- Saurav Swaroop - Director
- Atul Khichariya - Director
The latest financial statements of White Wizard Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
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 11 court cases on record: 4 filed by the company and 7 filed against it. 3 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.
Saurav Swaroop was appointed as Director on 12 Nov 2020. Atul Khichariya was appointed as Director on 17 Feb 2020. Sharad Digamber Medhekar ceased to be Director on 17 Feb 2020. White Wizard Technologies has 4 board changes on record in total.
White Wizard Technologies can be reached through the website velocity.in. Its registered office is in Gurgaon, Haryana, India.
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