About Dezy
Dezy is a company based in Bengaluru (India) founded in 2019 by Sourav Sarkar, Jatin Kakrani, and Hitesh Kakrani.. Dezy has raised $31.01 million across 5 funding rounds from investors including Angel List, Peak XV Partners and peercheque. The company has 245 employees as of April 02, 2024. Dezy offers products and services including Aligners and Consultations. Dezy operates in a competitive market with competitors including Clove Dental, Sabka Dentist, Dentzz Dental, Smiles.ai and MyDentist, among others.
- Headquarter Bengaluru, India
- Employees 245 as on 02 Apr, 2024
- Founders Sourav Sarkar, Jatin Kakrani, Hitesh Kakrani
- Stage Minicorn
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Sectors
Healthcare
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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 Abita Innovations Private Limited
- Date of Incorporation 09 Jul, 2018
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$2.31 M (USD)1849.64as on Mar 31, 2023
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Net Profit
$-4.37 M (USD)-5787.97as on Mar 31, 2023
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EBITDA
$-4.76 M (USD)-5940.24as on Mar 31, 2023
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Total Equity Funding
$31.01 M (USD)
in 5 rounds
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Latest Funding Round
$6 M (USD), Series A
Oct 08, 2024
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Investors
Angel List
& 25 more
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Employee Count
245
as on Apr 02, 2024
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Products & Services of Dezy
Dezy offers a comprehensive portfolio of products and services, including Aligners and Consultations. 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.
Custom trays for gradually straightening teeth alignment.
Free sessions for dental checkups and advice.
Funding Insights of Dezy
Dezy has successfully raised a total of $31.01M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $6.0M
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First Round
First Round
(21 Nov 2019)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Dezy | Valuation |
investors |
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| Nov, 2022 | Amount | Series A - Dezy | Valuation | AUM Ventures | |
| Jan, 2022 | Amount | Series A - Dezy | Valuation | Alpha Wave Global |
| 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 Dezy
Dezy has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Peak XV Partners and peercheque. 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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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location | |
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Acceleration is provided to startups across multiple sectors by Surge.
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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 Dezy
| 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 - Dezy
| 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 |
Dezy Comparisons
Competitors of Dezy
Dezy 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 Clove Dental, Sabka Dentist, Dentzz Dental, Smiles.ai and MyDentist, 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 |
Chain of dental clinics offering general and specialized dentistry services.
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| domain | founded_year | HQ Location |
A chain of dental clinics is operated to provide treatments.
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| domain | founded_year | HQ Location |
A chain of dental clinics is operated across India.
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| domain | founded_year | HQ Location |
Chain of dental clinics
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| domain | founded_year | HQ Location |
Dental clinics are operated as a chain across India.
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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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Latest news on Dezy
Frequently Asked Questions about Dezy
When was Dezy founded?
Dezy was founded in 2019.
Where is Dezy located?
Dezy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Dezy?
Hitesh Kakrani is the current CEO of Dezy. They have also founded this company.
Is Dezy a funded company?
Dezy is a funded company, having raised a total of $31.01M across 5 funding rounds to date. The company's 1st funding round was a Series A of $23M, raised on Nov 21, 2019.
How many employees does Dezy have?
As of Apr 02, 2024, the latest employee count at Dezy is 245.
What is the annual revenue of Dezy?
Annual revenue of Dezy is $2.31M as on Mar 31, 2023.
What does Dezy do?
Dezy was established in 2019 and is based in Bengaluru, India. A network of dental clinics is operated, focusing on healthcare in the dental sector. Services such as general consultations, tooth cleaning, aligners, root canals, implants, tooth extractions, teeth whitening, removable dentures, and fillings are delivered to patients. Operations emphasize accessible dental care within the local geography.
Who are the top competitors of Dezy?
Dezy's top competitors include Clove Dental, Sabka Dentist and Smiles.ai.
What products or services does Dezy offer?
Dezy offers Aligners and Consultations.
Who are Dezy's investors?
Dezy has 26 investors. Key investors include Angel List, Peak XV Partners, peercheque, Alpha Wave Global, and Chiratae Ventures.
What is Dezy's valuation?
The valuation of Dezy is $44.74M as of Nov 2022.