About Dawailelo
Dawailelo is a company based in Varanasi (India) founded in 2013 was acquired by Tata 1mg in August 2017.. Dawailelo has raised $52 thousand across 1 funding round from investors including Tata 1mg, Madhu Gopinath and Naveen Nishchal. Dawailelo operates in a competitive market with competitors including Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
- Headquarter Varanasi, India
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Dl Businesscare Private Limited
- Date of Incorporation 18 May, 2015
- Jurisdiction Varanasi, Uttar Pradesh, India
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Annual Revenue
$21.84 K (USD)-50.91as on Mar 31, 2021
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Net Profit
$-288.35 (USD)81.91as on Mar 31, 2021
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EBITDA
$256.84 (USD)129.14as on Mar 31, 2021
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Total Equity Funding
$52 K (USD)
in 1 rounds
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Latest Funding Round
$52 K (USD), Angel Round
Feb 05, 2016
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Investors
Tata 1mg
& 2 more
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Employee Count
Employee Count
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Acquired by
Tata 1mg
(Aug 31, 2017)
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Funding Insights of Dawailelo
Dawailelo has successfully raised a total of $52K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $52 thousand completed in February 2016. 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 Angel Round — $52,000
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First Round
First Round
(05 Feb 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Angel Round - Dawailelo | Valuation | Madhu Gopinath |
| 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 Dawailelo
Dawailelo has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Tata 1mg, Madhu Gopinath and Naveen Nishchal. 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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Provider of an online pharmacy with doctor listing and teleconsultation services
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Founded Year | Domain | Location | |
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MG
Madhu Gopinath |
Angel investor and entrepreneur, co-founder of MakeMyTrip, active in Indian startups
|
Founded Year | Domain | Location |
|
NN
Naveen Nishchal |
Co-founder of Cyble, cybersecurity expert, and active angel investor in tech 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
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Dawailelo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Dawailelo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dawailelo Comparisons
Competitors of Dawailelo
Dawailelo 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 Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, 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 |
Provider of an online pharmacy with doctor listing and teleconsultation services
|
|
| domain | founded_year | HQ Location |
Provider of an online store for medicines and healthcare products
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and telehealth platform
|
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and healthcare platforms
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| domain | founded_year | HQ Location |
Medicines and health products are retailed through pharmacy outlets.
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| domain | founded_year | HQ Location |
An online marketplace for healthcare products is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Dawailelo
When was Dawailelo founded?
Dawailelo was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Dawailelo located?
Dawailelo is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
Is Dawailelo a funded company?
Dawailelo is a funded company, having raised a total of $52K across 1 funding round to date. The company's 1st funding round was a Angel Round of $52K, raised on Feb 05, 2016.
What is the annual revenue of Dawailelo?
Annual revenue of Dawailelo is $21.84K as on Mar 31, 2021.
What does Dawailelo do?
Web platform to order for prescription based medicines for consumers and check for general physician details in their city. Users can browse through various categories of medicines such as child care, women care, oral care, health monitors, health foods etc. and buy medicines online. Recently, raised seed funding from angel investors Madhu Gopinath, founder of Opus Group of Companies, and Naveen Nischal, director at Cygnus Medicare.
Who are the top competitors of Dawailelo?
Dawailelo's top competitors include Tata 1mg, SastaSundar and PharmEasy.
Who are Dawailelo's investors?
Dawailelo has 3 investors. Key investors include Tata 1mg, Madhu Gopinath, and Naveen Nishchal.
What is Dawailelo's valuation?
The valuation of Dawailelo is $754.88K as of Feb 2016.