About Daana
Daana is a company based in Hyderabad (India) founded in 2014. Daana has raised $89.53 thousand across 1 funding round from investors including Mahesh Murthy and Mohd Azam Khan. Daana offers products and services including Organic Sesame Oil, Organic Coconut Oil, Organic Mustard Oil, Organic Safflower Oil, and Organic Groundnut Oil. Daana operates in a competitive market with competitors including JoybyNature, TrulyDesi, Kedia Organic Agro Product, Organic Kitchen and Ruralbasket, among others.
- Headquarter Hyderabad, India
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Sectors
Retail
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Phone
Locked
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Website
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Social
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- Legal Name Daana Farmers Network Private Limited
- Date of Incorporation 25 Apr, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$396.12 K (USD)-7.86as on Mar 31, 2022
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Net Profit
$8.14 K (USD)1725.27as on Mar 31, 2022
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EBITDA
$10.36 K (USD)478.13as on Mar 31, 2022
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Total Equity Funding
$89.53 K (USD)
in 1 rounds
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Latest Funding Round
$89.53 K (USD), Angel Round
Jun 30, 2018
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Investors
& 1 more
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Employee Count
Not available
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Products & Services of Daana
Daana offers a comprehensive portfolio of products and services, including Organic Sesame Oil, Organic Coconut Oil, Organic Mustard Oil, Organic Safflower Oil, and Organic Groundnut Oil.
Cold-pressed oil from single-origin farms in Mysuru.
Raw oil extracted traditionally from Karnataka farms.
Cold-pressed oil sourced from organic farms in Korwar.
Oil made via traditional methods from Gadag farms.
Cold-pressed oil from rain-fed farms in Havanur.
Oil from organic farms in Bedharahalli village.
Funding Insights of Daana
Daana has successfully raised a total of $89.53K through 1 strategic funding round. The most recent funding activity was a Angel Round of $89.53 thousand completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Daana
Daana has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Mahesh Murthy and Mohd Azam Khan.
| Investor | Description | Founded Year | Domain | Location |
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MM
Mahesh Murthy |
Veteran entrepreneur, angel investor, and founder of Pinstorm and Seedfund.
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MA
Mohd Azam Khan |
Angel investor and entrepreneur, focusing on tech startups in India.
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Locked | Locked | Locked |
Investor details for Daana
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Investments & Acquisitions by Daana
Investment portfolio details for Daana
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Financial Statements - Daana
Detailed financials for Daana
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Daana Comparisons
Peer comparison for Daana
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Competitors of Daana
Daana operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JoybyNature, TrulyDesi, Kedia Organic Agro Product, Organic Kitchen and Ruralbasket, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Organic and natural lifestyle products are retailed online.
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Farm-fresh Gir cow milk and dairy products are provided.
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Sells organic groceries, oils, dairy, and farm-fresh products online.
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Internet first brand of organic grocery products
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Online platform delivery grocery items from farm to home
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Manages an e-commerce store specializing in natural and organic products.
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Detailed competitors of Daana
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Latest news on Daana
Complete news archive for Daana
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Frequently Asked Questions about Daana
Daana was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Daana is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Daana is a funded company, having raised a total of $89.53K across 1 funding round to date.
Annual revenue of Daana is $396.12K as on Mar 31, 2022.
Daana was founded in 2014 in Hyderabad, India, within the organic food sector. Farm-to-table organic staples are supplied directly to consumers via an online platform, with bulk purchasing options provided. Produce quality is verified personally, and no chemicals are used in cultivation. Deliveries occur after 8 PM to minimize traffic disruptions. Expansion into handlooms and eco-friendly products is anticipated based on founder statements.
Daana's top competitors include JoybyNature, Organic Kitchen and TrulyDesi.
Daana offers Organic Sesame Oil, Organic Coconut Oil, Organic Mustard Oil, Organic Safflower Oil, and 2 more products and services.
Daana has 2 investors. Key investors include Mahesh Murthy, and Mohd Azam Khan.
The valuation of Daana is $382.35K as of Jun 2018.