Wizcaps is backed by a set of passionate founders, financial & technology experts and industry stalwarts.
Individual investors, HUF / Proprietorship registered in India Institutional investors
Banks, NBFCs and other Financial Institutions
NRI investors (Provided you have an NRO account and comply with basic pre-defined KYC guidelines- Pan card and valid Indian address proof.)
You can start investing from a minimum of INR 50,000.
Yes, You can request to pull back full or partial amount from your Wizcaps account to Personal account. we credit your funds within 24 hrs of your request. You can pull back your funds from the Escrow Account unless they are deployed.
Buyers & Sellers can avail the services of Wizcaps. Eligibility and amount of funding is governed by the creditworthiness of the business and therefore they should be willing to share their financial information and other related documents.
Wizcaps does not play a role in deciding the discount rates of the invoices. Investors can set their preferences on the kind of investment deals and the minimum and max returns expected with the Wizcaps online account. Accordingly the system fetches deals matching your preferences and the amount in the account.
Wizcaps cannot guarantee returns, however, Wizcaps ensures all the investors Funds/deals are protected through legal frameworks, Post Dated Cheques and underwriting process . All invoices are thoroughly vetted by our risk management team before they are booked on the platform. Risks, Credit Insurance, Buyer/Seller info associated with the Deals will be upfront notified to the investor.
Any investment comes with its own associated risk. However, we have taken several steps to mitigate the risk – both strategically and operationally:
Credit insurance - All/some of the deals are backed by our partner insurance companies. However for the deals with no credit insurance we inform you ahead of the deal.
Comprehensive risk management framework – With our innovative risk management software and Detailed credit analysis of sellers & Buyers and their financials at onboarding
Verification process - All Invoices will be thoroughly validated and checked before they are booked on the platform.
Strong legal framework – All sellers and buyers are required to sign our legal agreements to ensure our investors are well protected.
If a company does not pay the invoice money in future – the small business is still liable to pay the money owed to the investor.
If the small business collapses, the blue-chip company would still pay the invoice money and this will be paid directly into the escrow account which will be transferred to the investor.