Tech Company Financing Transactions
Whizzo Funding Round
Lightspeed India Partners and BEENEXT invested in a $4.2 million Seed funding round for Whizzo. The round closed on 1/28/2025.
Transaction Overview
Company Name
Announced On
1/28/2025
Transaction Type
Venture Equity
Amount
$4,200,000
Round
Seed
Investors
Lightspeed India Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to drive advancements in materials science R&D, establish a state-of-the-art design lab for fashion-engineered textiles, and strengthen its supply chain infrastructure across India, Vietnam, China, Bangladesh, and Indonesia.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Ground Floor, EBC Space, 1471, 13th Cross Rd, Vanganahalli,
Bengaluru, Karnataka, 560102
India
Bengaluru, Karnataka, 560102
India
Phone
Website
Email Address
Overview
We are a VC-backed start-up specializing in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion. By transforming customer insights into viable products, and leveraging a robust multi-echelon supply chain, we ensure fast, reliable delivery of cutting-edge textile solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Shrestha Kukreja
VP - Bus. Development
Gaurav Jaiswal
VP - Finance
Ashok Dangi
VP - Operations
Susheel Dureja
VP - Sales
Dhirendra Lodha
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