Amount Raised
₹1.4 Billion
Round Type
Funding Round
New DelhiE CommerceInternetInvestors
Description
Homegrown tech startup Wiom focused on democratising internet access in India on Thursday announced that it has raised Rs 140 crore in Series A round.The Series A round was led by RTP Global while YourNest and Omidyar Network India, an investment firm focused on impact, also participated, along with Global Brain, Blume Founders Fund, Alteria Capital, Stride Ventures, Stride One and 9 Unicorns. The company said that it will now focus on expanding its footprint to cities throughout India while investing in high-quality talent and distributed delivery architecture. "Using cutting edge technological disruptions, Wiom paves the way for a future where connectivity knows no boundaries, where dreams can be realised, and where every Indian can harness the transformative power of the internet," Satyam Darmora, founder of Wiom, said in a statement. Home Wi-Fi penetration is currently 10 per cent, compared to the global average of 80-85 per cent
Quick answer
Wiom raised ₹1.4 Billion in a Funding Round round, dated July 28, 2023. Investors: Omidyar Network. Wiom is based in New Delhi, Delhi, India.
- How much did Wiom raise?
- Wiom raised ₹1.4 Billion in a Funding Round round on July 28, 2023.
- Who invested in Wiom?
- Omidyar Network is named as investors in this round.
- What does Wiom do?
- Wiom is disrupting internet access with a decentralized, affordable, and unlimited approach built for Bharat.
- Where is Wiom based and how big is it?
- Wiom is based in New Delhi, Delhi, India. Fundz records about 246 employees.
- Who are the decision-makers at Wiom?
- Fundz holds 1 contact at Wiom. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Internet around the same time
Companies in the same sectors as Wiom that raised within 45 days of this round, from Fundz verified event records.
- Starcart raised $3.8M (Seed) on August 28, 2023.
- Kudos raised $17M on September 7, 2023.
- Revlon raised $51M on September 6, 2023.
- Momofuku Goods raised an undisclosed amount (Funding Round) on September 6, 2023.
- GoodGudi raised an undisclosed amount (Funding Round) on September 5, 2023.
- Ivy raised $20M (Funding Round) on August 31, 2023.
Who to call at Wiom, and when
A new round usually means Wiom is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Wiom raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wiom, from your own LinkedIn network
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Fundz sees it the moment Wiom raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Wiom raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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