About Dhama Innovations
Dhama Innovations is a company based in Hyderabad (India) founded in 2008 by Vistakula Damayanthi.. Dhama Innovations has raised $1.11 million across 3 funding rounds from investors including Mumbai Angels, Reliance Capital and Reliance Venture Asset Management. The company has 4 employees as of April 08, 2024. Dhama Innovations offers products and services including dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief. Dhama Innovations operates in a competitive market with competitors including Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, among others.
- Headquarter Hyderabad, India
- Employees 4 as on 08 Apr, 2024
- Founders Vistakula Damayanthi
- Stage Minicorn
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Sectors
TechnologyHealthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Dhama Innovations Private Limited
- Date of Incorporation 17 Jan, 2008
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$100.58 K (USD)-53.57as on Mar 31, 2021
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Net Profit
$-97.49 K (USD)-42as on Mar 31, 2021
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EBITDA
$-18.32 K (USD)-121.63as on Mar 31, 2021
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Total Equity Funding
$1.11 M (USD)
in 3 rounds
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Latest Funding Round
$554.67 K (USD), Angel Round
Mar 31, 2017
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Investors
Mumbai Angels
& 35 more
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Employee Count
4
as on Apr 08, 2024
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Products & Services of Dhama Innovations
Dhama Innovations offers a comprehensive portfolio of products and services, including dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief. 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.
Enhances athletic performance and recovery through targeted cooling.
Provides weather-adaptive comfort for everyday outdoor activities.
Offers heat therapy for instant relief from menstrual pain.
Delivers heating and cooling for automotive and office comfort.
Applies alternating hot and cold therapy for joint pain relief.
Funding Insights of Dhama Innovations
Dhama Innovations has successfully raised a total of $1.11M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $554.67 thousand completed in March 2017. 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 Angel Round — $554,668
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First Round
First Round
(06 Jun 2009)
- Investors Count 36
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Angel Round - Dhama Innovations | Valuation | Rishab Ajmera | |
| Mar, 2015 | Amount | Seed - Dhama Innovations | Valuation | Dhama | |
| Jun, 2009 | Amount | Seed - Dhama Innovations | Valuation | Reliance Venture Asset Management , Reliance Capital |
| 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 Dhama Innovations
Dhama Innovations has secured backing from 36 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Mumbai Angels, Reliance Capital and Reliance Venture Asset Management. 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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Corporate-backed venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Financial services including loans, insurance, and asset management are provided.
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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 Dhama Innovations
| 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 - Dhama Innovations
| 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 |
Dhama Innovations Comparisons
Competitors of Dhama Innovations
Dhama Innovations 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 Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, 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 |
Therapeutic devices for pain management are developed and manufactured.
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| domain | founded_year | HQ Location |
Provider of rehabilitation solutions for patients and doctors
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| domain | founded_year | HQ Location |
Non-invasive neuromodulation therapies
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| domain | founded_year | HQ Location |
Pioneers non-invasive devices for chronic pain relief through medical innovation.
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| domain | founded_year | HQ Location |
Wearable bioelectronic devices for acoustic medicine treatments are developed.
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| domain | founded_year | HQ Location |
Wearable therapeutic fabrics for pain management are offered by Nufabrx.
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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 Dhama Innovations
When was Dhama Innovations founded?
Dhama Innovations was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Dhama Innovations located?
Dhama Innovations is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Dhama Innovations a funded company?
Dhama Innovations is a funded company, having raised a total of $1.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $186.17K, raised on Jun 06, 2009.
How many employees does Dhama Innovations have?
As of Apr 08, 2024, the latest employee count at Dhama Innovations is 4.
What is the annual revenue of Dhama Innovations?
Annual revenue of Dhama Innovations is $100.58K as on Mar 31, 2021.
What does Dhama Innovations do?
Founded in 2008 in Hyderabad, India, the company specializes in wearable electronics that utilize patented ClimaCon technology to maintain temperatures from 4C to 60C. Products for medical pain relief, sports, and leisuresuch as scarves, jackets, and coastersare developed, with manufacturing handled by contractors. Early funding was secured from Reliance Ventures and Mumbai Angels, and incubation occurred at NID in Ahmedabad under the governments Technopreneur Promotion Program, which provided 0.5 million.
Who are the top competitors of Dhama Innovations?
Dhama Innovations's top competitors include Theranica, Mainstay Medical and Nufabrx.
What products or services does Dhama Innovations offer?
Dhama Innovations offers dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief.
Who are Dhama Innovations's investors?
Dhama Innovations has 36 investors. Key investors include Mumbai Angels, Reliance Capital, Reliance Venture Asset Management, Souhiti Infraproject, and Alpin Mehta.
What is Dhama Innovations's valuation?
The valuation of Dhama Innovations is $17.73M as of Mar 2017.