About Daraz
Daraz is a company based in Singapore (Singapore) founded in 2012 by Rajeev Amatya and Ahmed Khan was acquired by Alibaba Group in May 2018. Daraz has raised $56.32 million across 1 funding round from investors including Alibaba Group, British International Investment and The Asia Pacific Internet Group. Daraz operates in a competitive market with competitors including Amazon, Groupon, Paytm Mall, Arive and Lesara, among others.
- Headquarter Singapore, Singapore
- Founders Rajeev Amatya, Ahmed Khan
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Daraz Singapore Private Limited
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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
$56.32 M (USD)
in 1 rounds
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Latest Funding Round
$56.32 M (USD), Series B
Sep 22, 2015
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Investors
Alibaba Group
& 2 more
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Employee Count
Not available
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Acquired by
Alibaba Group
(May 08, 2018)
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People of Daraz
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Leadership Team
23 people
Head Team
23 people
Operations Team
19 people
Software Development Team
19 people
Sales and Marketing
16 people
Human Resources and Administration
15 people
Finance and Accounting
13 people
Key Team
12 people
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Funding Insights of Daraz
Daraz has successfully raised a total of $56.32M through 1 strategic funding round. The most recent funding activity was a Series B round of $56.32 million completed in September 2015. 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 Daraz
Daraz has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba Group, British International Investment and The Asia Pacific Internet Group.
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Early-stage VC investments and incubation services are provided.
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Government agency focused on small and medium-sized businesses
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Conglomerate group operating a portfolio of businesses
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Investor details for Daraz
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Daraz
Investment portfolio details for Daraz
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Financial Statements - Daraz
Detailed financials for Daraz
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Daraz Comparisons
Peer comparison for Daraz
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Competitors of Daraz
Daraz 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 Amazon, Groupon, Paytm Mall, Arive and Lesara, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are offered through an online marketplace.
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Online marketplace offering deals on multi-category products and services
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Multi-category consumer products are offered via an app-based marketplace.
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Multi-category products are retailed online by Arive with quick delivery.
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Operates an e-commerce platform specializing in fashion and lifestyle products.
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Detailed competitors of Daraz
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Latest news on Daraz
Complete news archive for Daraz
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Frequently Asked Questions about Daraz
Daraz was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Daraz is headquartered in Singapore, Singapore.
Nick O'Donohoe is the current CEO of Daraz.
Daraz is a funded company, having raised a total of $56.32M across 1 funding round to date.
Daraz was founded in 2012 and is operated as an e-commerce platform in Singapore. Sellers and buyers are connected via its mobile app, available on Android and iOS, for the exchange of products. Categories covered include consumer electronics, household goods, beauty and health items, fashion, groceries, and others. Transactions are enabled across these sectors, supporting multi-category retail operations.
Daraz's top competitors include Amazon, Paytm Mall and Groupon.
Daraz has 3 investors. Key investors include Alibaba Group, British International Investment, and The Asia Pacific Internet Group.