About DigiValet
DigiValet is a company based in Indore (India) founded in 2008 by Rachana Salgia and Rahul Salgia.. DigiValet has raised $218.25 thousand across 1 funding round from investors including Arun Duggal. The company has 117 employees as of March 28, 2024. DigiValet offers products and services including Digital In-Room Solutions, Resident Engagement App, and Guest Experience Platform. DigiValet operates in a competitive market with competitors including Moviebeam, Yuvod, Select-TV, Groove Entertainment Technologies and Allin Interactive, among others.
- Headquarter Indore, India
- Employees 117 as on 28 Mar, 2024
- Founders Rachana Salgia, Rahul Salgia
- Stage Minicorn
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Sectors
Travel & Hospitality
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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 Paragon Business Solutions Limited
- Date of Incorporation 06 Jul, 1994
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$1.68 M (USD)22.52as on Mar 31, 2022
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Net Profit
$27 K (USD)150.73as on Mar 31, 2022
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EBITDA
$216.39 K (USD)0.09as on Mar 31, 2022
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Total Equity Funding
$218.25 K (USD)
in 1 rounds
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Latest Funding Round
$218.25 K (USD), Angel Round
Aug 11, 2017
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Investors
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Employee Count
117
as on Mar 28, 2024
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Products & Services of DigiValet
DigiValet offers a comprehensive portfolio of products and services, including Digital In-Room Solutions, Resident Engagement App, and Guest Experience Platform. 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.
Provides smart apps for hotel guest comfort and convenience
Facilitates interactions in residential and workplace settings
Enables seamless services like bookings and amenities management
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Funding Insights of DigiValet
DigiValet has successfully raised a total of $218.25K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $218.25 thousand completed in August 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 1
- Last Round Angel Round — $218,246
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First Round
First Round
(11 Aug 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2017 | Amount | Angel Round - DigiValet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 DigiValet
DigiValet has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Arun Duggal. 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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AD
Arun Duggal |
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 DigiValet
| 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 - DigiValet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Digivalet Comparisons
Competitors of DigiValet
DigiValet 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 Moviebeam, Yuvod, Select-TV, Groove Entertainment Technologies and Allin Interactive, 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 |
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| domain | founded_year | HQ Location |
Video-on-demand solutions are delivered for the hospitality sector.
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| domain | founded_year | HQ Location |
SaaS-enabled guest entertainment solutions are provided for hotels.
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| domain | founded_year | HQ Location |
IPTV solutions are delivered end-to-end for hospitality and telecom sectors.
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| domain | founded_year | HQ Location |
Provides technology integration and management for properties, hotels, and institutions worldwide.
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| domain | founded_year | HQ Location |
Guest management software is provided for the hospitality industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Digivalet
Frequently Asked Questions about DigiValet
When was DigiValet founded?
DigiValet was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is DigiValet located?
DigiValet is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Who is the current CEO of DigiValet?
Rahul Salgia is the current CEO of DigiValet. They have also founded this company.
Is DigiValet a funded company?
DigiValet is a funded company, having raised a total of $218.25K across 1 funding round to date. The company's 1st funding round was a Angel Round of $218.25K, raised on Aug 11, 2017.
How many employees does DigiValet have?
As of Mar 28, 2024, the latest employee count at DigiValet is 117.
What is the annual revenue of DigiValet?
Annual revenue of DigiValet is $1.68M as on Mar 31, 2022.
What does DigiValet do?
DigiValet is iPad based guest room solution for luxury hotels. A multilingual solution providing information on demand to the guests and assisting guests in controlling room.Digivalet is claimed to be compatible with guest management systems from leading brands like ABB, Schneider etc. and thermostat systems from brands like Daikin, Samsung, and Toshiba etc. ITC Grand Chola, Oberoi, Leela Palace are part of their clientele in India. International clients include So Sofitel Singapore, The Corinthia London, Armani hotel Italy and many luxury hotels in Dubai.
Who are the top competitors of DigiValet?
What products or services does DigiValet offer?
DigiValet offers Digital In-Room Solutions, Resident Engagement App, and Guest Experience Platform.
Who are DigiValet's investors?
DigiValet has 1 investor. Key investors include Arun Duggal.
What is DigiValet's valuation?
The valuation of DigiValet is $2.16M as of Aug 2017.
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