Telecom Startup Wiom raises $40M in growth funding

Internet services aggregator WIOM has raised $40 million in a growth equity round led by Bertelsmann India Investments and Accel.

The round also saw participation from Prosus, Promaft Partners, and existing backer RTP Global.

The funding round is primarily a primary investment, with a small secondary component, according to founder Satyam Darmora.

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The startup plans to use the capital for product development, expanding its tech and operations teams and scaling distribution to underserved towns and districts across the country.

“Wiom is addressing one of the most fundamental yet underserved challenges in India—affordable and unlimited internet for the masses. Using its unique asset-light, scalable approach, Wiom is laying the foundation for digital infrastructure that can serve the next 500 million Indians," said Rohit Sood, Partner, Bertelsmann India Investments. 

“We’re inspired by founders who don’t just make things better—they rethink entire industries. Satyam, Nishit, Ashutosh and Maanas are doing exactly that. Only 10% of India’s 200 million households have access to affordable unlimited internet, and they’ve made it their mission to change that. We’re proud to back this team as they work to close India’s digital divide,” said Pratik Agarwal, Partner at Accel.

About Wiom 

Founded in 2015 as i2e1 and rebranded as Wiom in 2021, Wiom operates a unique asset-light platform that enables individuals and small ISPs to redistribute their home broadband as sachet-sized internet packs, starting at just ₹5.

As India’s largest licensed Public Data Office Aggregator (PDOA) under the PM-WANI scheme, Wiom is working to make affordable public Wi-Fi widely available, especially in rural and underserved areas.

Using proprietary software installed on home routers, Wiom allows nearby users to connect through a simple hotel-style login portal—no app download required. A share of the revenue goes back to the original broadband user, helping offset their own internet costs.

Wiom partners with around 100 small ISPs, mainly in Tier II and III towns across Uttar Pradesh and Eastern India and currently serves about 1 million monthly active users.

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