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WORTGAGE TECHNOLOGIES PRIVATE LIMITED

WeRize

U72900KA2018PTC116006

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees232
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹208.59 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About WeRize

WeRize is a full-stack provider, both manufacturing and distributing a wide portfolio of customized credit, insurance, and savings products for 300Mn individuals spread across the 4000+ Tier 2 to Tier 4 towns. This $200 Billion market expects a very different product set as well as distribution model which traditional private banks, insurers, and mutual fund companies are unable to provide. The economics of these products as well as operating in small cities for traditional companies is unfeasible due to their high-cost branch-based distribution model.

Business Model

Full-stack financial services platform WeRize sells and distributes a wide portfolio of customized credit, insurance, and savings products. The company leverages insights from these data points to create customized credit, group insurance, and savings products.

Top Competitors
HE
HesaU72500TG2020PTC143242
SU
SuvidhaaL72900GJ2007PLC109642
FI
FingpayU72900MP2016PTC040639
WeRize Funding Details
Funding Highlights
Latest Funding Roundpre-Series B
Total Funding Raised₹208.59 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • Orios Ventures, 3One4 Capital, Kalaari Capital
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
WeRize Financial Details
Financial Highlights
FY 2023-24 Revenue₹147.61 Cr
FY 2023-24 Expenses₹141.48 Cr
FY 2023-24 Profit/Loss₹5.4 Cr
Net Cash Flow From Operations-₹32.91 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
WeRize Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

VC
Vishal ChopraCo-Founder & CEO
HG
Himanshu GuptaCo-Founder & COO

Board Members/Directors

VC
Vishal ChopraDirector
HG
Himanshu GuptaDirector
WeRize Documents

AY - 2018-19

Profit and Loss statement - WeRize - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - WeRize - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - WeRize - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - WeRize - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - WeRize - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - WeRize - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - WeRize - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - WeRize - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - WeRize - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2022-23
₹249.00 ₹498.00
Balance sheet - WeRize - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - WeRize - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of WeRize for FY 2023-24
₹249.00 ₹498.00
Balance sheet - WeRize - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of WeRize for FY 2023-24
₹249.00 ₹498.00

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