Dhiway

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Blockchain solutions for managing digital credentials are provided by Dhiway.

About Dhiway

Dhiway is a Technology company based in Bengaluru (India) founded in 2019 by Sreevidya Satish, Satish Mohan, Amar Surynarayan Tumballi, and Kakkayur Pradeep. Blockchain solutions for managing digital credentials are provided by Dhiway. Dhiway has raised $1.51 million across 3 funding rounds from investors including Cornerstone Venture Partners Fund, Sunicon and Amar Surynarayan Tumballi. Dhiway was last valued at $5.84 million in September 2022. Its chief executive, as recorded, is Kakkayur Pradeep. Its Indian entity Dhiway Networks Private Limited reported revenue of β‚Ή40.5 Lakh. Its focus areas include Enterprise Applications, Digital Transaction Management, Document Management and Certificate Management.

Company details

Dhiway was established in 2019 in Bengaluru, India, within the blockchain technology sector. An open-source platform is utilized for issuing verifiable digital credentials, badges, and certificates. Records are managed, data is exchanged securely, credentials are stamped and revoked, and documents are edited as needed. Sectors including education, finance, insurance, supply chain, legal, and logistics are supported. An API is offered for handling CORD transitions.

  • Headquarters Bengaluru, India
  • Founders Sreevidya Satish, Satish Mohan, Amar Surynarayan Tumballi, Kakkayur Pradeep
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website dhiway.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Dhiway Networks Private Limited
  • Date of Incorporation 28 Nov, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹40.5 Lakh

    FY 2025 · -31% YoY

  • Net Loss
    -₹7.42 Cr

    FY 2025 · -1834% margin

  • EBITDA
    -₹7.03 Cr

    FY 2025 · -1738% margin

  • Total Equity Funding
    $1.51M (USD)

    in 3 rounds

  • Latest Funding Round
    $1M (USD), Seed

    Sep 2022

  • Investors

Funding Insights of Dhiway

Dhiway has successfully raised a total of $1.51M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in September 2022. 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 $1.51M
  • Total Rounds 3
  • Last Round Seed β€” $1M
  • First Round $417,233

    (Feb 2020)

  • Investors Count 17

All 3 funding rounds of Dhiway with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$1MSeed$5.84MCornerstone Venture Partners Fund, Sunicon
Aug 2021$94,336Angel Round$5.22MK P Praveen, V R Satishkumar
–
Feb 2020$417,233Angel Round$β€’β€’β€’β€’β€’Krishnadas S Plakkat, Manoj Velayudhan Marar
Valuation history
DateValuationStage
Sep 2022$5.84Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2021$5.22Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Dhiway

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Last known valuation $5.84M (Sep 2022). 17 investors in total: 2 institutional and 15 angel.

Investors in Dhiway

Dhiway has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include Cornerstone Venture Partners Fund, Sunicon and Amar Surynarayan Tumballi.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in B2B technologies and enterprise solutions in India.
2018csvpfund.comMumbai, India
Early-stage investments are made across sectors by Sunicon in India.
sunicon.vcMumbai, India

Amar Surynarayan Tumballi

Angel investor and tech leader, ex-Google, focused on Indian startups
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Satish Mohan

Angel investor and tech entrepreneur, co-founder of Drip Capital, focused on fintech.
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Kakkayur Pradeep

Angel investor and entrepreneur, focused on tech startups in India.
unknown_71108019243849499

K P Praveen

unknown_ac8872c857af41bfa

V R Satishkumar

unknown_034bb58b576040c78

Krishnadas S Plakkat

unknown_e1a075065ab9411a8

Manoj Velayudhan Marar

unknown_af964ae5fddb4dd99

Meenu Jaitley

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Investor details for Dhiway

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Board of directors of Dhiway Networks Private Limited (Dhiway)

Dhiway Networks Private Limited is the primary company behind Dhiway. The board of Dhiway Networks Private Limited currently have 6 directors; the longest-serving is Sreevidya Viswanath, appointed in 2019. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sreevidya Viswanath
DIN 07999358
Director28 Nov 20196 yrs 11 moDhiway Networks Private Limited
Satish Mohan
DIN 08624393
Director28 Nov 20196 yrs 11 moDhiway Networks Private Limited
Amar Surynarayan Tumballi
DIN 06660514
Director21 Jun 20215 yrs 4 moDhiway Networks Private Limited
Vatsal Jasmin Bavishi
DIN 08564006
Nominee Director10 Nov 20223 yrs 11 moDhiway Networks Private Limited
Kakkayur Palliyil Pradeep
DIN 05190515
Director04 Mar 20242 yrs 8 moDhiway Networks Private Limited
Sureshkumar Pukhraj Jain
DIN 00048463
Nominee Director28 Aug 20251 yr 2 moDhiway Networks Private Limited

People of Dhiway

4 people are tracked at Dhiway (4 in leadership).

NameRoleGroup
Sreevidya Satish
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
Co-Founder & CEOLeadership
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Financials of Dhiway

Figures of Dhiway Networks Private Limited, the primary company behind Dhiway, for FY 2025. Revenue was ₹40.5 Lakh (-31% year on year). Net loss was -₹7.42 Cr (-1834% margin). EBITDA was -₹7.03 Cr (-1738% margin). Revenue has grown at a compounded annual rate of +131% over three years and +28% over five years.

  • ₹40.5 LakhRevenue · FY 2025 · -31% YoY
  • -₹7.42 CrNet loss · -1834% margin
  • -₹7.03 CrEBITDA · -1738% margin
  • ₹1.3 LakhPaid-up capital
  • 17Employees (provident fund records)
  • +131%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Dhiway Networks Private Limited are on its company page.

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Detailed financial statements for Dhiway

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Timeline of Dhiway

4 dated milestones of Dhiway across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dhiway is founded.
  2. Funding First funding round of $417K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.0M.

Web traffic of Dhiway

The website of Dhiway (dhiway.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▲ 12.9% vs previous month

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Related news about Dhiway

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Frequently Asked Questions about Dhiway

Dhiway was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Dhiway is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Kakkayur Pradeep is the CEO of Dhiway, as recorded in our data. They have also founded this company.

Dhiway is a funded company, having raised a total of $1.51M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $417.23K, raised on Feb 2020.

The primary company behind Dhiway, Dhiway Networks Private Limited, reported revenue of β‚Ή40.5 Lakh for FY 2025, down 31% year on year.

Dhiway was established in 2019 in Bengaluru, India, within the blockchain technology sector. An open-source platform is utilized for issuing verifiable digital credentials, badges, and certificates. Records are managed, data is exchanged securely, credentials are stamped and revoked, and documents are edited as needed. Sectors including education, finance, insurance, supply chain, legal, and logistics are supported. An API is offered for handling CORD transitions.

Dhiway has 17 investors. Key investors include Cornerstone Venture Partners Fund, Sunicon, Amar Surynarayan Tumballi, Satish Mohan, and Kakkayur Pradeep.

The valuation of Dhiway is $5.84M as of Sep 2022.

Dhiway operates through Dhiway Networks Private Limited.

The legal entities of Dhiway currently have 6 directors, including Sreevidya Viswanath, Kakkayur Palliyil Pradeep, Vatsal Jasmin Bavishi and others.

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