About DigiSparsh
DigiSparsh is a company based in Mumbai (India) founded in 2020 by Saurabh Soni and Akhilesh Gandhi.. DigiSparsh has raised $422.68 thousand across 5 funding rounds from investors including Windrose Capital, Srinivasa Rao Ravuri and Ramachandra Vijaykumar Pandit. The company has 1 employees as of April 10, 2024. DigiSparsh operates in a competitive market with competitors including GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, among others.
- Headquarter Mumbai, India
- Employees 1 as on 10 Apr, 2024
- Founders Saurabh Soni, Akhilesh Gandhi
- Stage Minicorn
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Sectors
Financial Services
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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 Digisparsh Private Limited
- Date of Incorporation 17 Jun, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$187.92 K (USD)193.4as on Mar 31, 2023
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Net Profit
$-216.27 K (USD)-101.58as on Mar 31, 2023
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EBITDA
$-171.49 K (USD)-59.98as on Mar 31, 2023
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Total Equity Funding
$422.68 K (USD)
in 5 rounds
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Latest Funding Round
$35.55 K (USD), Angel Round
Nov 10, 2024
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Investors
Windrose Capital
& 7 more
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Employee Count
1
as on Apr 10, 2024
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Funding Insights of DigiSparsh
DigiSparsh has successfully raised a total of $422.68K across 5 strategic funding rounds. The most recent funding activity was a Angel Round round of $35.55 thousand completed in November 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 Angel Round — $35,545
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Angel Round - DigiSparsh | Valuation |
investors |
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| Jul, 2023 | Amount | Angel Round - DigiSparsh | Valuation | Srinivasa Rao Ravuri | |
| Jun, 2022 | Amount | Seed - DigiSparsh | Valuation |
investors |
| 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 DigiSparsh
DigiSparsh has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Windrose Capital, Srinivasa Rao Ravuri and Ramachandra Vijaykumar Pandit. 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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Early-stage investment and advisory services for digitally native Indian startups.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded primarily in the US.
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Founded Year | Domain | Location | |
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Startup jobs are connected to seekers via an online platform.
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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 DigiSparsh
| 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 - DigiSparsh
| 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 |
Digisparsh Comparisons
Competitors of DigiSparsh
DigiSparsh 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 GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, 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 |
Financial services for healthcare providers and patients are offered.
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| domain | founded_year | HQ Location |
Healthcare financing is integrated via crowdfunding, lending, and assurance marketplaces.
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| domain | founded_year | HQ Location |
Medical loans are extended to unbankable individuals and families.
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| domain | founded_year | HQ Location |
Healthcare loans are provided via an online marketplace for patients.
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| domain | founded_year | HQ Location |
Multiple installment payment options for healthcare are offered.
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| domain | founded_year | HQ Location |
Developer of a healthcare loans lending platform
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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 DigiSparsh
When was DigiSparsh founded?
DigiSparsh was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is DigiSparsh located?
DigiSparsh is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of DigiSparsh?
Saurabh Soni is the current CEO of DigiSparsh. They have also founded this company.
Is DigiSparsh a funded company?
DigiSparsh is a funded company, having raised a total of $422.68K across 5 funding rounds to date.
How many employees does DigiSparsh have?
As of Apr 10, 2024, the latest employee count at DigiSparsh is 1.
What is the annual revenue of DigiSparsh?
Annual revenue of DigiSparsh is $187.92K as on Mar 31, 2023.
What does DigiSparsh do?
Developer of financial services for the healthcare ecosystem. It provides users with a company that offers lending solutions to hospitals, patients, and suppliers. Products include credit for medical expenses, working capital solutions for hospitals to address insurance claim delays, and instant invoice settlements for hospital suppliers. The company aims to improve access to healthcare financing across the entire value chain.
Who are the top competitors of DigiSparsh?
DigiSparsh's top competitors include CarePal Group, GMoney and Arogya Finance.
Who are DigiSparsh's investors?
DigiSparsh has 8 investors. Key investors include Windrose Capital, Srinivasa Rao Ravuri, Ramachandra Vijaykumar Pandit, Srikar Reddy, and Wellfound.
What is DigiSparsh's valuation?
The valuation of DigiSparsh is $3.59M as of Nov 2024.