Diro

Noida, India Founded: 2014 • Age: 12 yrs
Collaborative phonebooks and user-managed decentralized IAM are provided for smartphones.
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About Diro

Diro is a company based in Noida (India) founded in 2014 by Per Jirstrand, Arjun Singh, Vishal Gupta, Nikhil Rai, and Sumeet Singh.. Diro has raised $147 thousand across 3 funding rounds from investors including Info Edge, FIS and FV Bank. Diro offers products and services including Bank Account Verification, Utility Bill Verification, and Identity Verification. Diro operates in a competitive market with competitors including Perfios, Signicat, IDnow, Onfido and IDfy, among others.

  • Headquarter Noida, India
  • Founders Per Jirstrand, Arjun Singh, Vishal Gupta, Nikhil Rai, Sumeet Singh
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Delhi Call Centers Private Limited
  • Date of Incorporation 05 Sep, 2000
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $0 (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    $-1.24 K (USD)
    98.13
    as on Mar 31, 2022
  • EBITDA
    $-926.08 (USD)
    98.59
    as on Mar 31, 2022
  • Total Equity Funding
    $147 K (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    Info Edge

    & 2 more

  • Employee Count
    Employee Count
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Products & Services of Diro

Diro offers a comprehensive portfolio of products and services, including Bank Account Verification, Utility Bill Verification, and Identity Verification. 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.

Primary

Instant verification of bank accounts from any country worldwide.

Real-time check of utility statements for proof of address globally.

Authenticates user identities using bank and government data securely.

Funding Insights of Diro

Diro has successfully raised a total of $147K across 3 strategic funding rounds. 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 Rounds 3
  • Last Round
  • First Round

    (05 Dec 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series A - Diro Valuation FIS
Jan, 2022 Amount Series A - Diro Valuation FV Bank
Dec, 2016 Amount Seed - Diro Valuation Info Edge
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Diro

Diro has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Info Edge, FIS and FV Bank. 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.

All
Institutional
Investor Description Founded Year Domain Location
Software suites for banks and financial institutions are provided.
Founded Year Domain Location
Enterprise banking systems are provided for fintech and blockchain companies.
Founded Year Domain Location
A multi-group online classifieds company operating across diversified sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Diro

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Diro

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Diro Comparisons

Employees
+
Add Comparison
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Competitors of Diro

Diro 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 Perfios, Signicat, IDnow, Onfido and IDfy, 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
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
Software solutions for identity management are provided via APIs.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
Identity verification solutions are provided, including document and biometric authentication.
domain founded_year HQ Location
Identity verification, background screening, and fraud prevention solutions are provided.
domain founded_year HQ Location
Mobile platform offering credit cards
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Diro

Frequently Asked Questions about Diro

When was Diro founded?

Diro was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Diro located?

Diro is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Who is the current CEO of Diro?

Vishal Gupta is the current CEO of Diro. They have also founded this company.

Is Diro a funded company?

Diro is a funded company, having raised a total of $147K across 3 funding rounds to date. The company's 1st funding round was a Seed of $147K, raised on Dec 05, 2016.

What does Diro do?

Diro was founded in 2014 in Noida, India, and operates in the technology sector focused on identity and access management. Collaborative phonebooks are enabled on smartphones, allowing users to create and share contact lists for family, work, friends, alumni, clubs, and local services. Office scenarios are supported through synchronized employee additions. Decentralized IAM features are integrated for user-controlled access.

Who are the top competitors of Diro?

Diro's top competitors include IDnow, Perfios and IDfy.

What products or services does Diro offer?

Diro offers Bank Account Verification, Utility Bill Verification, and Identity Verification.

Who are Diro's investors?

Diro has 3 investors. Key investors include Info Edge, FIS, and FV Bank.

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