# VenWiz Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/venwiz-technologies-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.venwiz.com
- Total disclosed funding: $11M
- Latest round: Series A (Feb 15, 2023)
- Investors on record: 7

## About

Based in Bengaluru, India, and founded in 2020, VenWiz Technologies Private Limited offers an online business-to-business (B2B) service platform intended to transform discovery procurement and execution of industrial services. Founders Rajesh Kumar Reddy Mandadi and Sandesh Paturiwho met at ITC Ltd and have spent a larger part of their career running operations and projects including McKinsey, Dupont, and Capillary to name a few. The company has approximately 10 employees. There was a recent seed funding received led by Accel India and Nexus Venture Partners.

The company is a manufacturing-focused business-to-business industrial service market network that connects manufacturers with service vendors for collaboration on the service engagement to enable manufacturers and vendors to partner based on capabilities and past experience.

VenWiz plans to launch its pilot in Bengaluru and Hyderabad within the next 3-4 months and will be using the funds for talent acquisition, strengthening technology, and business expansion in pan-India.

## Funding rounds

- Series A, Feb 15, 2023, $8.3M — Accel, Nexus Venture Partners, JIF Capital, Force Ventures, Riverwalk Holdings, Sorin Investments
- Seed, Dec 18, 2020, $3M — Accel, Nexus Venture Partners, Titan Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A
- Titan Capital — Seed
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series A
- Force Ventures (https://capitalatlas.ai/funds/force-ventures) — Series A
- Riverwalk Holdings (https://capitalatlas.ai/funds/riverwalk-holdings) — Series A
- Sorin Investments (https://capitalatlas.ai/funds/sorin-investments) — Series A