About DGV
DGV is a company based in Mumbai (India) founded in 2019 by Ragavan Venkatesan.. DGV has raised $9.56 million across 3 funding rounds from investors including Apex Group, Temasek and Omidyar Network India. The company has 105 employees as of April 08, 2024. DGV operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Mumbai, India
- Employees 105 as on 08 Apr, 2024
- Founders Ragavan Venkatesan
- Stage Minicorn
-
Sectors
Financial ServicesAgriculture
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Digivriddhi Technologies Private Limited
- Date of Incorporation 17 Dec, 2019
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$102.32 K (USD)81.07as on Mar 31, 2023
-
Net Profit
$-1.7 M (USD)-161.74as on Mar 31, 2023
-
EBITDA
$-1.39 M (USD)-166.82as on Mar 31, 2023
-
Total Equity Funding
$9.56 M (USD)
in 3 rounds
-
Latest Funding Round
$6 M (USD), Series A
May 25, 2023
-
Investors
Apex Group
& 25 more
-
Employee Count
105
as on Apr 08, 2024
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
Unlock access to complete
Unlock access to complete
Funding Insights of DGV
DGV has successfully raised a total of $9.56M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in May 2023. 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 3
- Last Round Series A — $6.0M
-
First Round
First Round
(05 Jun 2020)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - DGV | Valuation | Omidyar Network India , Apex Group | |
| Nov, 2021 | Amount | Seed - DGV | Valuation | Omnivore , Info Edge Ventures |
|
| Jun, 2020 | Amount | Angel Round - DGV | Valuation | Sabita Venkatesan |
| 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 DGV
DGV has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Apex Group, Temasek and Omidyar Network India. 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 |
|---|---|---|---|---|
|
Investments are made in digital society, education, and employability sectors.
|
Founded Year | Domain | Location | |
|
Agritech startups are funded by Omnivore, a venture capital entity.
|
Founded Year | Domain | Location | |
|
Venture capital firm backed by Info Edge and Temasek
|
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 DGV
| 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 - DGV
| 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 |
Dgv Comparisons
Competitors of DGV
DGV 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, 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 |
Payment processing and card issuance solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
|
|
| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
|
| 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.
|
Latest news on Dgv
Frequently Asked Questions about DGV
When was DGV founded?
DGV was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is DGV located?
DGV is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of DGV?
Ragavan Venkatesan is the current CEO of DGV. They have also founded this company.
Is DGV a funded company?
DGV is a funded company, having raised a total of $9.56M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $466.2K, raised on Jun 05, 2020.
How many employees does DGV have?
As of Apr 08, 2024, the latest employee count at DGV is 105.
What is the annual revenue of DGV?
Annual revenue of DGV is $102.32K as on Mar 31, 2023.
What does DGV do?
Provider of dairy fintech, insurtech, and marketplace platform. It is a marketplace platform for discovering indigenous and crossbred bovine breeds, dairy equipment, feed supplements, insurance, and AI services with embedded financing options. Its mobile and web-based fintech platform enables doorstep banking services at milk collection points, facilitating secure and transparent financial transactions. It also offers customized financial products such as cattle loans and cattle insurance tailored for dairy farmers.
Who are DGV's investors?
DGV has 26 investors. Key investors include Apex Group, Temasek, Omidyar Network India, Omnivore, and Info Edge Ventures.
What is DGV's valuation?
The valuation of DGV is $20.81M as of May 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.