About DawaSwift
DawaSwift is a company based in Toronto (Canada) founded in 2019 by Odero Otieno was acquired by DawaSwift in July 2020.. DawaSwift has raised $120 thousand across 2 funding rounds from investors including McGill University and DawaSwift. DawaSwift operates in a competitive market with competitors including Well.ca, Felix, My Lil’ Healthbot, Sinclair Dental and MedsOnWheels, among others.
- Headquarter Toronto, Canada
- Founders Odero Otieno
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$120 K (USD)
in 2 rounds
-
Latest Funding Round
$120 K (USD), Seed
Jun 01, 2019
-
Investors
McGill University
& 1 more
-
Employee Count
Employee Count
-
Acquired by
DawaSwift
(Jul 05, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of DawaSwift
DawaSwift has successfully raised a total of $120K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2019. 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 2
- Last Round Seed — $120,000
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - DawaSwift | Valuation |
investors |
|
| Jun, 2019 | Amount | Seed - DawaSwift | Valuation |
investors |
|
| 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 |
Investors in DawaSwift
DawaSwift has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include McGill University and DawaSwift. 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 |
|---|---|---|---|---|
|
Diversified degrees and research programs are offered at the university.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
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 | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by DawaSwift
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - DawaSwift
| 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 |
Dawaswift Comparisons
Competitors of DawaSwift
DawaSwift 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 Well.ca, Felix, My Lil’ Healthbot, Sinclair Dental and MedsOnWheels, 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 |
Health, beauty, and baby products are retailed online in Canada.
|
|
| domain | founded_year | HQ Location |
Medicines are ordered online and delivered to doorsteps through Felix.
|
|
| domain | founded_year | HQ Location |
Medicines and health products are ordered via digital health bots.
|
|
| domain | founded_year | HQ Location |
Online pharmacy for the purchase of drugs and medical equipment
|
|
| domain | founded_year | HQ Location |
Offers delivery solutions for pharmacy medications nationwide.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about DawaSwift
When was DawaSwift founded?
DawaSwift was founded in 2019.
Where is DawaSwift located?
DawaSwift is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of DawaSwift?
Odero Otieno is the current CEO of DawaSwift. They have also founded this company.
Is DawaSwift a funded company?
DawaSwift is a funded company, having raised a total of $120K across 2 funding rounds to date.
What does DawaSwift do?
DawaSwift was established in 2019 in Toronto, Canada, as an online pharmacy in the healthcare sector. A digital platform is operated where medications for various health conditions can be browsed by category and purchased. Orders are processed for home delivery, enabling access to pharmaceutical products without physical store visits. The service focuses on user convenience in medication procurement.
Who are the top competitors of DawaSwift?
DawaSwift's top competitors include Well.ca, Felix and Sinclair Dental.
Who are DawaSwift's investors?
DawaSwift has 2 investors. Key investors include McGill University, and DawaSwift.