Wheelocity

Wheelocity

Building the Rails for Bharat Commerce!

Founded 2021 212 employees Series A Total: $12.00M E-Commerce, Logistics +1

Wheelocity is building the rails for Bharat-Commerce in India. We believe the true potential for India lies beyond the top-200 cities. The 800 million consumers who live in India's semi-urban and rural regions account for 65% of its population, but are completely access-deprived across categories. By building high-frequency rails into these markets, we are unlocking the true potential of these markets, and bringing these hitherto-unconnected regions into the Digital-Commerce space. Our Vision: We are committed to improving Bharat's Quality of Life, by building the most reliable access rails. What we do & How we do it: India's semi-urban and rural markets represent a $1.1 trillion+ consumption opportunity, with digital adoption accelerating rapidly due to increasing smartphone penetration and improved internet connectivity. Despite this massive potential, these markets have been overlooked by existing commerce players due to - Very high cost to serve, due to Fragmented demand & high last mile costs - Diverse preferences, both in language and choice of categories and brands - Reliance on a distributor/reseller driven models, driven by challenges in reach/ economic viability Wheelocity's platform addresses semi-urban India by building: - High frequency direct access rails, starting with essential goods (fresh and grocery), and building discretionary categories on top - A hybrid "phygital" model that enables ease of buying for consumers who are embracing organized commerce for the first time - Economic viability with the lowest cost to serve for millions of consumers, leveraging its proprietary technology and supply chain network We are always looking to hire folks who share this vision with us, and ar eeen to create an impact that "breaks the last bastion of unconquered commerce" in India. If you're someone who enjoys navigating challenges everyday, and want to work amongst the smartest folks in the country - please join us! Always hiring :)

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$9.60M	2	Lightspeed India Partners, Anicut Capital	12 Jul 2022
Debt Financing	$2.40M	1	Anicut Capital	12 Jul 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$9.60M

Lightspeed India Partners, Anicut Capital

12 Jul 2022

Debt Financing

$2.40M

Anicut Capital

12 Jul 2022

FAQ About Wheelocity

Building the Rails for Bharat Commerce!

Wheelocity was founded in 2021.

Wheelocity operates in E-Commerce, Logistics and Supply Chain.

Wheelocity has approximately 212 employees.

Wheelocity has completed 2 funding rounds, raising a total of $12.00M. The latest funding stage is Series A.

Top alternatives and competitors to Wheelocity include Calii, Future Supply Chain Solutions Limited, VersaCold Logistics Services, EPS - Euro Pool System, TRAX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Wheelocity and Calii are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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