About danamojo
danamojo is a company based in Bengaluru (India) founded in 2015 by Dhaval Udani.. danamojo has raised $408.93 thousand across 1 funding round from investors including Rohini Nilekani, Social Alpha and Pravin Gandhi. danamojo offers products and services including Payment Solutions Platform, Committed Giving Platform, and QR Code Platform. danamojo operates in a competitive market with competitors including GoodBox, Giverly and SocietyPay, among others.
- Headquarter Bengaluru, India
- Founders Dhaval Udani
- Stage Minicorn
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Sectors
Government & Social SectorFinancial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Danamojo Online Solutions Private Limited
- Date of Incorporation 02 Dec, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$96.54 K (USD)15.57as on Mar 31, 2023
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Net Profit
$-38.67 K (USD)-85.44as on Mar 31, 2023
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EBITDA
$-24.12 K (USD)-1621.84as on Mar 31, 2023
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Total Equity Funding
$408.93 K (USD)
in 1 rounds
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Latest Funding Round
$408.93 K (USD), Seed
Jul 05, 2021
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Investors
Social Alpha
& 3 more
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Employee Count
Employee Count
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Products & Services of danamojo
danamojo offers a comprehensive portfolio of products and services, including Payment Solutions Platform, Committed Giving Platform, and QR Code Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure platform for NGOs to process online donations
System for managing monthly recurring contributions
Tool for quick and easy donation via QR codes
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Funding Insights of danamojo
danamojo has successfully raised a total of $408.93K through 1 strategic funding round. The most recent funding activity was a Seed round of $408.93 thousand completed in July 2021. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $408,928
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First Round
First Round
(05 Jul 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - danamojo | Valuation | Rohini Nilekani |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in danamojo
danamojo has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Rohini Nilekani, Social Alpha and Pravin Gandhi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sustainable startups are supported via innovation curation and venture funding.
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Founded Year | Domain | Location | |
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RN
Rohini Nilekani |
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Founded Year | Domain | Location |
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PG
Pravin Gandhi |
Veteran angel investor, co-founder of Seedfund, focused on early-stage Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by danamojo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - danamojo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Danamojo Comparisons
Competitors of danamojo
danamojo 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 GoodBox, Giverly and SocietyPay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hardware terminals for cashless charity donations are supplied.
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| domain | founded_year | HQ Location |
NFC-enabled prepaid corporate cards are issued for employee expenses.
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| domain | founded_year | HQ Location |
Online platform for housing society login, management, and resident interactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about danamojo
When was danamojo founded?
danamojo was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is danamojo located?
danamojo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of danamojo?
Dhaval Udani is the current CEO of danamojo. They have also founded this company.
Is danamojo a funded company?
danamojo is a funded company, having raised a total of $408.93K across 1 funding round to date. The company's 1st funding round was a Seed of $408.93K, raised on Jul 05, 2021.
What is the annual revenue of danamojo?
Annual revenue of danamojo is $96.54K as on Mar 31, 2023.
What does danamojo do?
DanaMojo was established in 2015 in Bengaluru, India, focusing on payment solutions within the fintech sector for non-governmental organizations. NGOs are required to register by submitting legal and official details, enabling the integration of the payment gateway onto their websites. Support is extended for recurring donations and QR code-based transactions, facilitating efficient financial handling in the non-profit domain. Operations are centered on simplifying payment processes for such entities.
Who are the top competitors of danamojo?
danamojo's top competitors include GoodBox, Giverly and SocietyPay.
What products or services does danamojo offer?
danamojo offers Payment Solutions Platform, Committed Giving Platform, and QR Code Platform.
Who are danamojo's investors?
danamojo has 4 investors. Key investors include Rohini Nilekani, Social Alpha, Pravin Gandhi, and Vasanthi Anand.
What is danamojo's valuation?
The valuation of danamojo is $1.2M as of Jul 2021.