Home
Portfolio
Apply
About Us
Team
iSafe
Investor Hub
arrow-icon
Founders' Hub
arrow-icon
Partners
arrow-icon
News and Views
arrow-icon
Analyst Trainee Program
Contact Us
photo
100X.VC Team
Written by various collaborators within Team 100X.VC
Recent Memos
Inzpira: 100X Investment Thesis
Read more
Why We Invested in AgriGator
Read more
Roopya: 100X.VC Investment Thesis
Read more
DataKund: 100X Investment Thesis
Read more
date-icon
Jun 24, 2023
Topic

Introduction:

Wyse, a collaboration platform for professionals, addresses the limitations of existing professional networking platforms and offers a modern solution for seamless collaboration. With a focused go-to-market strategy and multiple monetization avenues, Wyse has the potential to tap into the untapped market of professionals seeking a better networking and collaboration experience.

Investment Thesis:

Existing professional networking platforms lack effective collaboration features, leading users to explore alternative platforms. However, these alternatives suffer from issues such as pseudonymity, low discoverability, and unthreaded discussions, creating a fragmented user experience.

Wyse provides a comprehensive collaboration platform that enables professionals to connect, communicate, and collaborate effectively. With communities of like-minded professionals, enabling users to build reputation by getting vouched by their existing network ,allowing them to create profile and collaboration requests powered by video clips, Wyse promises to accelerate professional growth by 10x. 

Wyse focuses its initial efforts on tech and product professionals, leveraging an inbuilt flywheel to drive user engagement and downloads. By onboarding existing communities, running social media campaigns, and implementing referral modules, Wyse aims to acquire and retain a growing user base.

Wyse plans to generate revenue through subscription plans for business and professional use, targeting high-value users. This multi-faceted approach ensures sustainable revenue streams and establishes a robust business model.


The Wyse team consists of highly accomplished individuals driving the company's success. Nishant Shukla, the CEO and an IIT Kanpur graduate, brings expertise in finance and strategy. Saiyam Surana, the COO and an IIT Kanpur alumni, excels in marketing and category management. Shivam Jaiswal, the CTO and an IIT BHU graduate, leads the technological advancements. Together, they form a formidable team with diverse skills and experience, propelling Wyse towards its vision of revolutionizing professional collaboration.



 

Market Opportunity:

Wyse targets 50 million white-collar employees and 10 million freelancers in India who lack access to a good professional network. By offering a simplified and organised platform, Wyse aims to tap into this vast market and enhance productivity and collaboration among professionals.

100X Thesis:

Wyse team are very complimentary and the problem statement they are building for remains a huge gap. Their initial MVP has been promising, addressing engagement and creating stickiness.

Conclusion:

In summary, Wyse offers a compelling investment opportunity with its comprehensive collaboration platform for professionals. By addressing the limitations of existing platforms, adopting a focused go-to-market strategy, and offering multiple monetization avenues, Wyse is poised to disrupt the professional networking landscape. We believe in Wyse's potential to empower professionals worldwide and create a thriving community of collaboration and networking.


 

Related topics
sales-logo
watch-logo.svg3 min
Inzpira: 100X Investment Thesis
Inzpira is an AI enabled, personalized soft skills training, simulator and measuring platform with a...
Read morenext-arrow
james100X.VC Team
May 19, 2021
sales-logo
watch-logo.svg3 Min min
Why We Invested in AgriGator
AgriGator is a digital platform where traders, millers and processors can buy & sell grain commoditi...
Read morenext-arrow
james100X.VC Team
Sep 14, 2020
sales-logo
watch-logo.svg3 min
Roopya: 100X.VC Investment Thesis
Read why 100X invested in Roopya which is India’s First ‘Specified User Fintech’ Powering Lenders wi...
Read morenext-arrow
Tags:
Fintech
james100X.VC Team
Jun 24, 2023
logo-footer
100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes.
Send Your pitches to us at:
www.100x.vc/apply
For other queries, please contact us at:
Portfolio
Apply
About Us
Team
iSafe
Partners
Investor Hub
Founders Hub
News and Views
Contact Us
© 2000-2021, All Rights Reserved