The India Bizz Startup News Website
WIOM raises Rs 30 Cr in seed round
Funding

WIOM raises Rs 30 Cr in seed round

WIOM, a telecom, and technology-focused startup have raised Rs 30 crore from YourNest, 9Unicorns, and a global tech giant. Few angel investors along with existing investors Omidyar Network India and Auxano have also participated in the round.

WIOM plans to utilize this investment to enhance its product offerings and scales the business.

Founded in 2021 by Satyam Darmora, Nishit Aggarwal, Ashutosh Mishra, Natraj Akella, and Maanas Dwivedi, WIOM is creating a blockchain-based model to create a distributed “Internet Delivery Model” in the country.

WIOM is currently available only in Delhi with plans to expand across regions. To date, over 10,000 WIOM subscribers are consuming affordable internet daily. The startup plans to scale up 25X times in the next 12 months.

Desk

Desk

Verified

2756 Articles Startup & Business Expert

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Get Startup News Before Everyone Else

Join founders, investors and startup enthusiasts reading The India Bizz daily.

Desk

Verified Journalist

2756 Articles
Startup & Business Expert
Media Contributor

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Desk

Verified Journalist

Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

Startup Expert Business Media 2756 Articles

Author

  • Discover the latest startup, business, and funding news. Get insights on trends, IPOs, mergers, and acquisitions. Perfect for entrepreneurs, investors.

    View all posts

Related posts

Cloud kitchen startup Bigspoon raises Series A funding from IAN, NB Ventures, Mouni Roy

Desk

Rapido Enters Unicorn Club With $120 Mn Investment From WestBridge Capital

Desk

AstroTalk Eyes Unicorn Status with $100M Funding Talks

Desk

Leave a Comment