About DaLocal
DaLocal is a company based in Bengaluru (India) founded in 2020 by B Kaustav, Rajat Gupta, Jyotirmaya Mohanty, and Ravi Lalchand Chatpar. DaLocal has raised $37.28 thousand across 1 funding round from investors including Vijay Pillai and Sanjay Jadhav. The company has 1 employees as of April 07, 2024. DaLocal operates in a competitive market with competitors including Revolut, TONIK, Allica Bank, OakNorth Bank and Paytm Payments Bank, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 07 Apr, 2024
- Founders B Kaustav, Rajat Gupta, Jyotirmaya Mohanty, Ravi Lalchand Chatpar
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Dalocal Technologies Private Limited
- Date of Incorporation 05 Sep, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$37.28 K (USD)
in 1 rounds
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Latest Funding Round
$37.28 K (USD), Angel Round
Dec 21, 2024
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Investors
& 1 more
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Employee Count
1
as on Apr 07, 2024
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Funding Insights of DaLocal
DaLocal has successfully raised a total of $37.28K through 1 strategic funding round. The most recent funding activity was a Angel Round of $37.28 thousand completed in December 2024. 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 DaLocal
DaLocal has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Vijay Pillai and Sanjay Jadhav.
| Investor | Description | Founded Year | Domain | Location |
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VP
Vijay Pillai |
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Locked | Locked | Locked |
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SJ
Sanjay Jadhav |
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Locked | Locked | Locked |
Investor details for DaLocal
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Investments & Acquisitions by DaLocal
Investment portfolio details for DaLocal
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Financial Statements - DaLocal
Detailed financials for DaLocal
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Dalocal Comparisons
Peer comparison for DaLocal
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of DaLocal
DaLocal 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 Revolut, TONIK, Allica Bank, OakNorth Bank and Paytm Payments Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Banking solutions are provided for retail customers and businesses.
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| Locked | Locked | Locked |
Digital banking solutions for individuals are provided by TONIK.
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| Locked | Locked | Locked |
Internet-first banking services are offered to individuals and businesses.
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| Locked | Locked | Locked |
Commercial bank
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| Locked | Locked | Locked |
Digital banking solutions are offered for individuals and businesses.
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| Locked | Locked | Locked |
Payments Bank
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Detailed competitors of DaLocal
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Latest news on Dalocal
Complete news archive for DaLocal
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Frequently Asked Questions about DaLocal
DaLocal was founded in 2020 and raised its 1st funding round 4 years after it was founded.
DaLocal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DaLocal is a funded company, having raised a total of $37.28K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at DaLocal is 1.
AI-based platform offering banking management. It offers digital accounts with no maintenance fees or average balance requirements, along with a complimentary debit card featuring various partnership. It also allows users to access tailored saving and investment plans.
DaLocal's top competitors include Revolut, Allica Bank and OakNorth Bank.
DaLocal has 2 investors. Key investors include Vijay Pillai, and Sanjay Jadhav.
The valuation of DaLocal is $2.51M as of Dec 2024.