Wishberg is shutting down!

WishbergIt was announced in the recent Wishberg blog post The Final Note – Thanks from Team Wishberg.

The founding team is joining forces with FreeCharge, an online recharge portal for prepaid, postpaid mobiles, DTH, and data cards. Wishberg founder Pravin Jadhav will lead efforts on Product & Growth and another founder Kulin Shah will lead efforts on Partnerships & Alliances at FreeCharge.

As mentioned on the blog, they said they tried to build Wishberg as a default destination for users to share their wishes and discover more interesting wishes from people around the world – things to do, things to buy, travel, adventure, experiences and so much more. However they set very high goals for themselves when they raised their first investment in April 2013. After reviewing their goals at the end of the year, they realised that they have trailed behind on few of them.

Wishberg acted as a platform for sharing wishes online. They had also introduced Wish Links – a feature that helped you complete your wishes through most relevant deals and partners who wanted to reach out to you. They opted for a crowd-sourced model letting anyone with knowledge of most relevant ways / deals to fulfill the wishes to share the same. On approval, the Wish Links was displayed to users from that respective country. It took between 6 to 12 hours for links to be approved, an email confirmation was sent on successful approval or rejection of Wish Link. The submissions to Wish Links was free. Wishberg was all about wishes and dreams coming true.

It had also introduced a collective buying feature called ShopMobs, which allowed Wishberg users looking to buy products to come together for buying products together offline. However, the company shut it down later, since it apparently saw limited participation offline.

Started in July 2011 as a social discovery site called Tyche’d, it was rebranded to Wishberg in July 2013. The company had raised seed funding of $150,000 from India Quotient and angel investors Vijay Shekhar Sharma, Founder and Managing Director of One97, and HeadHonchos CEO Uday Sodhi in October last year.