Wetark Technologies - About the company
Wetark Technologies is a seed company based in Mumbai (India), founded in 2021 by Atharva Manas Padhye and Himank Jain. It operates as an Online platform to trade in event outcomes for individuals. Wetark Technologies has raised $93K in funding from Anicut Capital, with a current valuation of ₹*****. The company has 12 active competitors, including 5 that are funded. Its top competitors include companies like Probo, TradeX and Tube 11.
Company Details
Online platform to trade in event outcomes for individuals. The company offers a platform for users to trade opinions by speculating on future events. It allows users to select and trade from sports, politics, entertainment, finance, and many more sectors.
- Website
- wetark.in
- Registered Address
- 16, PLOT 192, 43, NEW MUNICIPAL BUILDING SEWREE WADALA ROAD NO 26 SAHAKAR NAGAR, Mumbai City, MUMBAI, Maharashtra, India, 400031
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$93K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Nov 12, 2022
Investors
Ranked
4th among 12 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Legal entities associated with Wetark Technologies
Wetark Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WETARK TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2021PTC370845 , India, Active | Nov 02, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
CRUX TECHNOLOGIES, INC CIN: 6935508 , United States, Active | Jul 27, 2022 | - | - | - |
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Wetark Technologies's funding and investors
Wetark Technologies has raised a total funding of $93K over 1 round. Its latest funding round was a Seed round on Nov 12, 2022 for $*****. 1 investor participated in its latest round. Wetark Technologies has 1 institutional investor.
Here is the list of recent funding rounds of Wetark Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 12, 2022 | 4531188 | Seed | 4799740 | 2395470 | 2068266 | 6704607 |
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Wetark Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Wetark Technologies are Atharva Manas Padhye and Himank Jain.
Here are the details of Wetark Technologies' key team members:
- Atharva Manas Padhye: Former Co-Founder of Wetark Technologies and founder of 2 other companies, Crux and Crux. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Himank Jain: Former Co-Founder of Wetark Technologies.
View details of Wetark Technologies's Founder profiles and Board Members
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Wetark Technologies's Competitors and alternates
Top competitors of Wetark Technologies include Probo, TradeX and Tube 11. Here is the list of Top 10 competitors of Wetark Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online platform for skill-based gaming activities and reward | $28.5M | 65/100 | ||
2nd | Online trading platform for social events | $1.5M | 50/100 | ||
3rd | Fantasy gaming application offering real-money rewards | $3.5M | 48/100 | ||
4th |  Wetark Technologies 2021, Mumbai (India), Seed | Online platform to trade in event outcomes for individuals | $93K | 35/100 | |
5th | Online platform for event-based trading | - | - | 32/100 | |
6th | Online platform to bet and trade on event outcomes | $487K | 31/100 | ||
7th | Luxefashion 2015, Bengaluru (India), Unfunded | Operator of an online platform for crash-style real currency betting | - | - | 24/100 |
8th | Provider of an online platform to predict event outcomes | - | - | 23/100 | |
9th | Platform enables users to make predictions on events and win rewards | - | - | 22/100 | |
10th |  Antarrashtriya Mumbai (India), Unfunded | Operator of mobile applications for wagering on professional cricket matches | - | - | 19/100 |
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Wetark Technologies's Latest cap tables and shareholding
Founders (largest shareholder) own 95.23% and Funds own 4.76%. The net worth of Wetark Technologies's founders is INR 15Cr as of Nov 12, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 95.23% | 15Cr | 8556261 | 8849564 | 9437640 | 5588335 |
1766844 | 1827871 | 1884877 | 4212285 | 7859200 | 8375862 | |
Fund | 4.76% | 75L | 1090 | 9357 | 3104 | 8182 |
2927 | 6383 | 9932 | 9486 | 2628 | 5050 | |
Total | 99.99% | 15.8Cr | 9353999 | 2218871 | 8122470 | 6324464 |
To unlock detailed Cap Table of Wetark Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Wetark Technologies's Shareholding
Wetark Technologies's Investments and acquisitions
Wetark Technologies has made no investments or acquisitions yet.
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