About Direct2U
Direct2U is a company based in Gurugram (India) founded in 2022 by Gaurav Ahlawat. Direct2U has raised $220.6 thousand across 1 funding round from investors including IP Ventures. The company has 24 employees as of April 09, 2024. Direct2U operates in a competitive market with competitors including Newegg, Letsbuy, Digicartz, AskmeA2Z and GearWale, among others.
- Headquarter Gurugram, India
- Employees 24 as on 09 Apr, 2024
- Founders Gaurav Ahlawat
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Sectors
Retail
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Phone
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Website
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- Legal Name 72 Networks Private Limited
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$5.55 M (USD)-41.16as on Mar 31, 2023
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Net Profit
$24.42 K (USD)-22.21as on Mar 31, 2023
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EBITDA
$157.64 K (USD)28.06as on Mar 31, 2023
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Total Equity Funding
$220.6 K (USD)
in 1 rounds
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Latest Funding Round
$220.6 K (USD), Seed
Apr 14, 2023
- Investors
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Employee Count
24
as on Apr 09, 2024
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Funding Insights of Direct2U
Direct2U has successfully raised a total of $220.6K through 1 strategic funding round. The most recent funding activity was a Seed round of $220.6 thousand completed in April 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.
Investors in Direct2U
Direct2U has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IP Ventures.
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Investor details for Direct2U
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Investments & Acquisitions by Direct2U
Investment portfolio details for Direct2U
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Financial Statements - Direct2U
Detailed financials for Direct2U
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Direct2u Comparisons
Peer comparison for Direct2U
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Competitors of Direct2U
Direct2U 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 Newegg, Letsbuy, Digicartz, AskmeA2Z and GearWale, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category electronic products are sold via an online marketplace.
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Online retailer of consumer electronics
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An online platform offering a wide range of consumer electronic products.
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Online platform for buying electronics, fashion, and home appliances.
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Online store selling smartphone accessories such as covers and tempered glass.
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Online platform selling electronics, accessories, and groceries to consumers.
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Detailed competitors of Direct2U
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Latest news on Direct2u
Complete news archive for Direct2U
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Frequently Asked Questions about Direct2U
Direct2U was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Direct2U is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Gaurav Ahlawat is the current CEO of Direct2U. They have also founded this company.
Direct2U is a funded company, having raised a total of $220.6K across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Direct2U is 24.
Annual revenue of Direct2U is $5.55M as on Mar 31, 2023.
Direct2U was established in 2022 and is based in Gurugram, India. An e-commerce platform is maintained for distributing consumer electronic products across various categories. The inventory encompasses coolers, home appliances, mobiles with accessories, televisions, refrigerators, mixers, grinders, air pods, and additional items. Operations center on online sales within the electronics sector.
Direct2U has 1 investor. Key investors include IP Ventures.