Statwig - About the company
Statwig is a seed company based in Hyderabad (India), founded in 2016 by Sid Chakravarthy, Harsha Kethineni, Keerthi Reddy Kotta, Nrupul Ponugoti, Ravi Kumar and Keerthi Reddy Kotta. It operates as a Provider of blockchain solutions for supply chain transparency and efficiency. Statwig has raised $25K in funding from Techstars. The company has 457 active competitors, including 94 funded and 38 that have exited. Its top competitors include companies like IoTeX, Project44 and ORBCOMM.
Company Details
Provider of blockchain solutions for supply chain transparency and efficiency. The company offers a platform for tracking products across various industries. It focuses on enhancing visibility and accountability throughout the supply chain. The company’s technology aims to minimize waste and improve the delivery of essential goods. It serves organizations seeking to optimize their supply chain operations.
- Website
- statwig.com
- Social
- Email ID
- *****@statwig.com
- Phone Number
- +91 **********
- Registered Address
- Survey No. 330/1 and 331/1 and 2, FIat No 302, E.Block, Aparna One Apartments, Old Mumbai Highway, Shaikpet, Toli Chowki, Hyderabad, Golconda, Telangana, India, 500008
Key Metrics
Founded Year
2016
Location
Hyderabad, India
Stage
Seed
Total Funding
$25K in 5 rounds
Latest Funding Round
Ranked
58th among 457 active competitors
Annual Revenue
₹1.52Cr as on Mar 31, 2025
Employee Count
14 as on Feb 28, 2026
Legal entities associated with Statwig
Statwig is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
STATWIG TECHNOLOGY SERVICES PRIVATE LIMITED CIN: U74999TG2016PTC111090 , India, Active | Jul 25, 2016 | $179K (As on Mar 31, 2025) | - |
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Statwig's funding and investors
Statwig has raised a total funding of $25K over 5 rounds. Its first funding round was on Aug 03, 2017. Its latest funding round was a Seed round on Mar 21, 2022 for $*****. 1 investor participated in its latest round. Statwig has 12 institutional investors.
Here is the list of recent funding rounds of Statwig:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2022 | 6295197 | Seed | 4711585 | 6217601 | 6889994 | 8485549 |
Jun 25, 2021 | 2996620 | Grant (prize money) | 9422348 | 9204829 | 7173060 | |
Dec 10, 2018 | 6496938 | Grant (prize money) | 4382129 | 2966181 | 4183271 |
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Statwig's founders and board of directors
Founder? Claim ProfileThe founders of Statwig are Sid Chakravarthy, Harsha Kethineni, Keerthi Reddy Kotta, Nrupul Ponugoti, Ravi Kumar and Keerthi Reddy Kotta. Sid Chakravarthy is the CEO of Statwig.
Here are the details of Statwig's key team members:
- Sid Chakravarthy: Co-Founder & CEO of Statwig and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Harsha Kethineni: Co-Founder of Statwig. They serve on the board of 1 company.Contact Info: 1 email address
- Keerthi Reddy Kotta: Co-Founder & COO of Statwig.
- Nrupul Ponugoti: Co-Founder of Statwig.
- Ravi Kumar: Former Co-Founder of Statwig.
Statwig's Board of Directors
Statwig's board has 4 active members. Sid Chakravarthy, Harsha Kethineni, Kuram Dhruthi and Dhruthi Kuram are part of team.Here is the list of Statwig's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 4m | |
Team | - | Current | 3y 6m | |
urhlpjy | Team | - | Current | 3y 2m |
cuphxzc | Team | - | Current | 5y 6m |
View details of Statwig's Founder profiles and Board Members
Statwig's employee count trend
Statwig has 14 employees as of Feb 26. Here is Statwig's employee count trend over the years:
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Statwig's Competitors and alternates
Top competitors of Statwig include IoTeX, Project44 and ORBCOMM. Here is the list of Top 10 competitors of Statwig, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IoTeX 2017, Tortola (United Kingdom), Series A | Developer of infrastructure providing real-time data for artificial intelligence applications | $50M | 78/100 | |
2nd | Project44 2014, Chicago (United States), Series G | Provider of cloud-based cargo and supply chain visibility tracking solutions | $912M | 73/100 | |
3rd | ORBCOMM 1993, Rochelle Park (United States), Acquired | Provider of industrial Internet of Things solutions for asset management | $136M | 73/100 | |
4th |  FourKites 2014, Chicago (United States), Series D | Developer of AI and web-based visibility solutions for the supply chain | $243M | 71/100 | |
5th | Blockchain-based traceability and sustainability solutions for the fashion industry | $30M | 68/100 | ||
6th |  Amber Road 1990, East Rutherford (United States), Acquired | Global Trade Management Software and Solutions | $54.1M | 64/100 | |
7th | Sourcemap 2011, New York City (United States), Series B | Offers cloud-based supply chain track and trace solutions | $47M | 64/100 | |
8th | Developer of a decentralized infrastructure for building and securing digital interactions | - | 63/100 | ||
9th |  Everstream Analytics 2021, San Marcos (United States), Series B | Provider of supply chain risk management platform using data and AI | $74M | 61/100 | |
10th | Arviem 2008, Baar (Switzerland), Public | Integrated solutions for real-time cargo monitoring | $15M | 60/100 | |
58th | Provider of blockchain solutions for supply chain transparency and efficiency | $25K | 36/100 |
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Statwig's Investments and acquisitions
Statwig has made no investments or acquisitions yet.
Reports related to Statwig
Here is the latest report on Statwig's sector:
News related to Statwig
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StaTwig joins LACChain Global Alliance to offer vaccine supply solutionBusiness Line•Jun 16, 2021•Statwig, LACChain
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For better vaccine delivery, Apollo LogiSolutions announces an integrated platformFinancial Express•Apr 11, 2021•Apollo LogiSolutions, IndiGo, UNICEF, Statwig
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GMR Hyderabad Air Cargo signs pact with StaTwig for vaccine shipmentsBusiness Standard•Mar 25, 2021•Gmrhydcargo, Statwig
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Hyd-based StaTwig emerges runner up in ‘Newsweek Blockchain Impact Awards 2019’TheNewsMinute•Feb 26, 2019•Statwig
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UNICEF Invests in Hyderabad-based StaTwig, 5 other blockchain startupsStartup Wonders•Dec 11, 2018•Statwig, AtixLabs, Prescrypto
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UNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’Cryptoscoop•Dec 10, 2018•AtixLabs, Prescrypto, Statwig, and 2 others
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