About DgNote
DgNote is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2014 by Manish Rele. Digital freight forwarding and workflow automation are facilitated online. DgNote has raised $404.8 thousand across 3 funding rounds from investors including Devi Advisors, Ashish Karandikar and Pranay Mittal. The company has 26 employees. DgNote was last valued at $4.64 million in January 2018. Its chief executive, as recorded, is Manish Rele. Its Indian entity Dgnote Technologies Private Limited reported revenue of ₹6.61 Cr. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal.
Company details
DgNote was established in 2014 in Mumbai, India, within the logistics sector. An online platform is operated to automate freight forwarding workflows. Partnerships with various logistics providers are utilized to allow booking of warehousing space and online inventory management. Value-added services, including freight insurance and trailers, are made available. Document management, invoicing, online payments, and real-time trailer tracking are also supported through the platform.
- Headquarters Mumbai, India
- Employees 26
- Founders Manish Rele
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website dgnote.com
- Social LinkedIn Facebook
- Legal Name Dgnote Technologies Private Limited
- Date of Incorporation 16 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.61 Cr
FY 2025 · +14% YoY
- Net Profit₹23.6 Lakh
FY 2025 · 4% margin
- EBITDA₹34.3 Lakh
FY 2025 · 5% margin
- Total Equity Funding$404.8K (USD)
in 3 rounds
- Latest Funding Round$209.6K (USD), Seed
Jan 2018
- InvestorsDevi Advisors
& 13 more
- Employee Count26
Associated legal entities of DgNote
DgNote operates through Dgnote Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dgnote Technologies Private Limited CIN U74900MH2014PTC260186 | Active | 16 Dec 2014 | Mumbai, Maharashtra | ₹6.6 Cr | 26 | 2 | View details |
Funding Insights of DgNote
DgNote has successfully raised a total of $404.8K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $209.6 thousand completed in January 2018. 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 $404,800
- Total Rounds 3
- Last Round Seed — $209,601
- First Round $57,613
(Mar 2015)
- Investors Count 14
All 3 funding rounds of DgNote with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $209,601 | Seed | $4.64M | Devi Advisors, Ashish Karandikar | |
| Jul 2015 | $137,586 | Angel Round | $1.9M | Ashish Choudhary, Praveen Sinha | |
| Mar 2015 | $57,613 | Seed | $••••• | Shib Nath Chakraborty, Sushil Kumar Bansal |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $4.64M | •••••••• |
| Jul 2015 | $1.9M | •••••••• |
Last known valuation $4.64M (Jan 2018). 14 investors in total: 2 institutional and 12 angel.
Investors in DgNote
DgNote has secured backing from 14 investors, including institutional and angel investors. Prominent investors backing the company include Devi Advisors, Ashish Karandikar and Pranay Mittal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information is available on Devi Advisors' core activities. | deviadvisors.tcc.mode | |||
Master Group is engaged in maritime logistics and renewable energy solutions. | mastergroups.com | Mumbai, India | ||
AK Ashish Karandikar | unknown_dbdf7f885d484742b | |||
PM Pranay Mittal | unknown_e139765e3c9a47b48 | |||
RM Rahul Mehta | Angel investor, founder of multiple ventures, focused on tech startups | unknown_e7bccb7449b443ae9 | ||
RM Rahul Mehta | unknown_2356c1a5f544447c8 | |||
AC Ashish Choudhary | unknown_711e019daad64228b | |||
PS Praveen Sinha | Co-founder of Jabong, active angel investor in Indian startups | unknown_90e9b140c4bb4cac9 | ||
AM Anil Menon | unknown_24709f32147443a59 | |||
PP Prashant Popat | unknown_ce21fcad5dcb44618 |
Investor details for DgNote
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dgnote Technologies Private Limited (DgNote)
Dgnote Technologies Private Limited is the primary company behind DgNote. The board of Dgnote Technologies Private Limited currently have 2 directors; the longest-serving is Puja Manish Rele, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puja Manish Rele DIN 06992455 | Director | 16 Dec 2014 | 11 yrs 10 mo | Dgnote Technologies Private Limited |
| Manish Umesh Rele DIN 03083527 | Director | 16 Dec 2014 | 11 yrs 10 mo | Dgnote Technologies Private Limited |
People of DgNote
2 people are tracked at DgNote (2 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| Leadership |
Complete people profiles for DgNote
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of DgNote
Figures of Dgnote Technologies Private Limited, the primary company behind DgNote, for FY 2025. Revenue was ₹6.61 Cr (+14% year on year). Net profit was ₹23.6 Lakh (4% margin). EBITDA was ₹34.3 Lakh (5% margin). Revenue has grown at a compounded annual rate of -27% over three years and -5% over five years.
- ₹6.61 CrRevenue · FY 2025 · +14% YoY
- ₹23.6 LakhNet profit · 4% margin
- ₹34.3 LakhEBITDA · 5% margin
- ₹28.4 LakhPaid-up capital
- 26Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dgnote Technologies Private Limited are on its company page.
Detailed financial statements for DgNote
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of DgNote
4 dated milestones of DgNote across 4 years, from founding to its latest funding, stage changes and deals.
- Founded DgNote is founded.
- Funding First funding round of $58K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $210K.
Web traffic of DgNote
The website of DgNote (dgnote.com) receives about 5.2K visits a month.
- Monthly visits5.2K
▼ 53.3% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as DgNote (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Frequently Asked Questions about DgNote
DgNote was founded in 2014 and raised its 1st funding round 1 year after it was founded.
DgNote is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Manish Rele is the CEO of DgNote, as recorded in our data. They have also founded this company.
DgNote is a funded company, having raised a total of $404.8K across 3 funding rounds to date. The company's 1st funding round was a Seed of $57.61K, raised on Mar 2015.
DgNote has 26 employees.
The primary company behind DgNote, Dgnote Technologies Private Limited, reported revenue of ₹6.61 Cr for FY 2025, up 14% year on year.
DgNote was established in 2014 in Mumbai, India, within the logistics sector. An online platform is operated to automate freight forwarding workflows. Partnerships with various logistics providers are utilized to allow booking of warehousing space and online inventory management. Value-added services, including freight insurance and trailers, are made available. Document management, invoicing, online payments, and real-time trailer tracking are also supported through the platform.
DgNote has 14 investors. Key investors include Devi Advisors, Ashish Karandikar, Pranay Mittal, Rahul Mehta, and Rahul Mehta.
The valuation of DgNote is $4.64M as of Jan 2018.
DgNote operates through Dgnote Technologies Private Limited.
The legal entities of DgNote currently have 2 directors, including Puja Manish Rele, Manish Umesh Rele.