About Docswallet
Docswallet is an Education company based in Chennai (India) founded in 2010 by Shameem Jaleel. Cloud and blockchain-based platform to store and share official documents. Docswallet has raised $1.78 million across 5 funding rounds from investors including Startupbootcamp, Galal Kulaib and Faheem A Pudussery. The company has 14 employees. Docswallet was last valued at $6.45 million in February 2016. Its website docswallet.com draws about 17 thousand monthly visits. Its Indian entity Tharakan Web Innovations Private Limited reported revenue of ₹5.95 Cr. Its focus areas include EdTech, Higher Education Tech, College IT and Admin Solutions.
Company details
Docswallet is a cloud and blockchain-based platform to store and share official documents. The locker owners can select and request Institutes to provide them with official documents like degree certificates, mark-sheets, transcripts and certificates of origin. The documents are directly stored in the online locker, and can be accessed and shared with other institutions. Its clients include Mount Carmel College, Karunya University and CUST. It has been featured in TOI, ET and The Business Standard.
- Headquarters Chennai, India
- Employees 14
- Founders Shameem Jaleel
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Website docswallet.com
- Legal Name Tharakan Web Innovations Private Limited
- Date of Incorporation 26 Mar, 2008
- Jurisdiction Kochi, Kerala, India
- Annual Revenue₹5.95 Cr
FY 2025 · -7% YoY
- Net Profit₹12.7 Lakh
FY 2025 · 2% margin
- EBITDA₹69.6 Lakh
FY 2025 · 12% margin
- Total Equity Funding$1.78M (USD)
in 5 rounds
- InvestorsStartupbootcamp
& 6 more
- Employee Count14
Associated legal entities of Docswallet
Docswallet operates through Tharakan Web Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tharakan Web Innovations Private Limited CIN U72900KL2008PTC022141 | Active | 26 Mar 2008 | Kochi, Kerala | ₹5.9 Cr | 14 | 2 | View details |
Funding Insights of Docswallet
Docswallet has successfully raised a total of $1.78M across 5 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 $1.78M
- Total Rounds 5
- First Round $94,362
(Jun 2010)
- Investors Count 7
All 5 funding rounds of Docswallet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | Seed | – | Startupbootcamp | – | |
| Feb 2016 | $19,827 | Seed | $6.45M | Galal Kulaib | – |
| May 2014 | $1.63M | Angel Round | $11.68M | – | |
| Aug 2012 | $36,005 | Angel Round | $••••• | Faheem A Pudussery | – |
| Jun 2010 | $94,362 | Angel Round | $••••• | V Nirmala | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2016 | $6.45M | •••••••• |
| May 2014 | $11.68M | •••••••• |
| Aug 2012 | $••••• | •••••••• |
Full valuation and stage history of Docswallet
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.45M (Feb 2016). 7 investors in total: 1 institutional and 6 angel.
Investors in Docswallet
Docswallet has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Startupbootcamp, Galal Kulaib and Faheem A Pudussery.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused global accelerator firm | startupbootcamp.org | London, United Kingdom | ||
GK Galal Kulaib | Angel investor and entrepreneur focused on tech startups in India and MENA. | unknown_3679129004864a59a | ||
FA Faheem A Pudussery | unknown_8c34c086ea814802a | |||
PM P M Phillip | unknown_1002ae7e077446519 | |||
RP Rajesh Prabhurajan | unknown_f17f35ec68c04544b | |||
CN Cyriac Njavally | unknown_85b50af94def4cfc8 | |||
VN V Nirmala | unknown_7f7bd5f4840e4eb8b |
Investor details for Docswallet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Tharakan Web Innovations Private Limited (Docswallet)
Tharakan Web Innovations Private Limited is the primary company behind Docswallet. The board of Tharakan Web Innovations Private Limited currently have 2 directors; the longest-serving is Shameem Jaleel Palykandy, appointed in 2010. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shameem Jaleel Palykandy DIN 03127850 | Director | 12 Aug 2010 | 16 yrs 2 mo | Tharakan Web Innovations Private Limited |
| Atul Arora DIN 07328947 | Director | 17 Nov 2020 | 5 yrs 11 mo | Tharakan Web Innovations Private Limited |
People of Docswallet
1 people are tracked at Docswallet (1 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership |
Complete people profiles for Docswallet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Docswallet
Figures of Tharakan Web Innovations Private Limited, the primary company behind Docswallet, for FY 2025. Revenue was ₹5.95 Cr (-7% year on year). Net profit was ₹12.7 Lakh (2% margin). EBITDA was ₹69.6 Lakh (12% margin). Revenue has grown at a compounded annual rate of -9% over three years and -10% over five years.
- ₹5.95 CrRevenue · FY 2025 · -7% YoY
- ₹12.7 LakhNet profit · 2% margin
- ₹69.6 LakhEBITDA · 12% margin
- ₹1.7 LakhPaid-up capital
- 14Employees (provident fund records)
- -9%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tharakan Web Innovations Private Limited are on its company page.
Detailed financial statements for Docswallet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Docswallet
4 dated milestones of Docswallet across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Docswallet is founded.
- Funding First funding round of $94K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Web traffic of Docswallet
The website of Docswallet (docswallet.com) receives about 16.7K visits a month.
- Monthly visits16.7K
▲ 22.7% vs previous month
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Docswallet (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Frequently Asked Questions about Docswallet
Docswallet was founded in 2010.
Docswallet is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Docswallet is a funded company, having raised a total of $1.78M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $94.36K, raised on Jun 2010.
Docswallet has 14 employees.
The primary company behind Docswallet, Tharakan Web Innovations Private Limited, reported revenue of ₹5.95 Cr for FY 2025, down 7% year on year.
Docswallet is a cloud and blockchain-based platform to store and share official documents. The locker owners can select and request Institutes to provide them with official documents like degree certificates, mark-sheets, transcripts and certificates of origin. The documents are directly stored in the online locker, and can be accessed and shared with other institutions. Its clients include Mount Carmel College, Karunya University and CUST. It has been featured in TOI, ET and The Business Standard.
Docswallet has 7 investors. Key investors include Startupbootcamp, Galal Kulaib, Faheem A Pudussery, P M Phillip, and Rajesh Prabhurajan.
The valuation of Docswallet is $6.45M as of Feb 2016.
Docswallet operates through Tharakan Web Innovations Private Limited.
The legal entities of Docswallet currently have 2 directors, including Shameem Jaleel Palykandy, Atul Arora.