Wiom, a Delhi-based internet services company, has raised $40 million in a fresh funding round led by Bertelsmann India Investments and Accel. The round also saw participation from Prosus, Promaft Partners and existing investor RTP Global.
The funds raised will be used to expand its product stack, invest in talent across functions, scale operations, and accelerate rollout across underserved cities and districts.
Wiom, previously known as i2e1, was founded in 2015 by Satyam Darmora, Nishit Aggarwal, Ashutosh Mishra, and Maanas Dwivedi and rebranded in 2021.
The company offers an innovative, asset-light internet distribution platform that allows individuals and small Internet Service Providers (ISPs) to resell home broadband as sachet-sized internet packs, starting at just ₹5. Through this model, users can share their broadband connection and earn money, often reducing or eliminating their own internet bills.
The company partners with local internet operators to extend broadband access to communities where traditional connectivity models are often economically unviable.
The company has scaled by closely aligning with the Government of India’s PM-WANI (Prime Minister Wi-Fi Access Network Interface) initiative. Under this framework, WIOM became India’s first licensed Public Data Office Aggregator (PDOA), granting it the unique capability to aggregate surplus bandwidth from multiple Local Cable Operators (LCOs) and resell it to consumers.
This asset-light model significantly reduces the cost per connection, while ensuring regulatory compliance and centralized registration through WIOM’s proprietary backend platform and router software.
Satyam Darmora, Founder of Wiom said, “We believe everyone deserves the right to dream big. Access to information is key to realising one’s dreams—but it is often unaffordable for many. At Wiom, we’re committed to making any and as much information available to every individual, at as little as ₹10. This funding is not just capital—it’s a step forward in building a more inclusive digital future.”
Rohit Sood, Partner, Bertelsmann India Investments, said, “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. At BII, we’re proud to back visionary founders solving real problems at scale, and Wiom is a textbook case of purpose-driven innovation, built for India’s realities.”
Pratik Agarwal, Partner at Accel said, “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.”
