It is not Wunderbake, the actual name is - Wunderbaked Technologies Private Limited.

WazirX and Wunderbaked Technologies are not related companies. Wunderbaked is the fintech company which provides banking APIs to other tech companies so that they can automate their banking operations. Wunderbaked works under the brand name 'Hypto'. You can visit: https://www.hypto.in/ to know more.

WazirX uses Hypto APIs to make automated withdrawals to the users' account so that withdrawals are instant. That's why you see Wunderbaked Technologies Pvt. Ltd. on every withdrawal received from WazirX.