DoneThing

Gurugram, India Founded: 2015 • Age: 11 yrs Acquired By OYO
On-demand chat-based concierge service

About DoneThing

DoneThing is a Business Services company based in Gurugram (India) founded in 2015, and was acquired by OYO in March 2018. On-demand chat-based concierge service. DoneThing has raised $535.59 thousand across 3 funding rounds from investors including OYO, Chandigarh Angels Network and Brand Capital. The company has 1 employees. Its Indian entity Invexgo Solutions Private Limited reported revenue of β‚Ή20.2 Lakh. The company was acqui-hired. Its focus areas include Consumer, Local Services, Concierge and Unbundling of Craigslist. Its competitors include Zuperfast, HelloGenie and Russsh; 2 of its 3 listed competitors have raised funding.

Company details

DoneThing was founded in 2015 in Gurugram, India, as an on-demand concierge service in the lifestyle assistance sector. Operations are conducted through mobile apps, WhatsApp, and phone calls, where customer requests for personal shopping, pickups and deliveries, bill payments, errands, and local service referrals are handled. Tasks are fulfilled via a network of partnered merchants and vendors.

  • Headquarters Gurugram, India
  • Employees 1
  • Stage Acquired
  • Sectors
    Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website donething.com
  • Social LinkedIn X Facebook
  • Acquired by OYO (Mar 2018)
  • Legal Name Invexgo Solutions Private Limited
  • Date of Incorporation 19 Aug, 2015
  • Jurisdiction Gurgaon, Haryana, India
Key Metrics
  • Annual Revenue
    ₹20.2 Lakh

    FY 2024 · -77% YoY

  • Net Loss
    -₹4.1 Lakh

    FY 2024 · -20% margin

  • EBITDA
    -₹2.5 Lakh

    FY 2024 · -12% margin

  • Total Equity Funding
    $535.59K (USD)

    in 3 rounds

  • Latest Funding Round
    $305.59K (USD), Seed

    Mar 2017

  • Investors
    OYO

    & 3 more

  • Employee Count
    1
  • Acquired by
    OYO

    (Mar 2018)

Funding Insights of DoneThing

DoneThing has successfully raised a total of $535.59K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $305.59 thousand completed in March 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 $535,591
  • Total Rounds 3
  • Last Round Seed β€” $305,591
  • Investors Count 3

All 3 funding rounds of DoneThing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2017$305,591Seed––
Mar 2016$230,000Seed––
Jan 2016Seed––
Valuation history

4 investors in total: 4 institutional.

Investors in DoneThing

DoneThing has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OYO, Chandigarh Angels Network and Brand Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India
Indian technology startups are invested in by Swastika VC firm.
swastikaco.comTsim Sha Tsui, China
Angel investing and mentoring support for startups in India.
2015chandigarhangelsnetwork.comChandigarh, India
Online marketplace for booking accommodations is operated.
2012oyorooms.comGurugram, India
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Investor details for DoneThing

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Board of directors of Invexgo Solutions Private Limited (DoneThing)

Invexgo Solutions Private Limited is the primary company behind DoneThing. The board of Invexgo Solutions Private Limited currently have 3 directors; the longest-serving is Sonal Saraogi, appointed in 2015. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sonal Saraogi
DIN 07211329
Director19 Aug 201511 yrs 2 moInvexgo Solutions Private Limited
Sunita Pansari
DIN 08064926
Director02 Feb 20188 yrs 8 moInvexgo Solutions Private Limited
Ankit Rathi
DIN 08095502
Director26 Mar 20188 yrs 7 moInvexgo Solutions Private Limited

People of DoneThing

2 people are tracked at DoneThing (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Sonal Pansari
FounderLeadership
Shivangi Agarwal
CTOLeadership
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Financials of DoneThing

Figures of Invexgo Solutions Private Limited, the primary company behind DoneThing, for FY 2024. Revenue was ₹20.2 Lakh (-77% year on year). Net loss was -₹4.1 Lakh (-20% margin). EBITDA was -₹2.5 Lakh (-12% margin). Revenue has grown at a compounded annual rate of -55% over three years and -16% over five years.

  • ₹20.2 LakhRevenue · FY 2024 · -77% YoY
  • -₹4.1 LakhNet loss · -20% margin
  • -₹2.5 LakhEBITDA · -12% margin
  • ₹1.7 LakhPaid-up capital
  • -55%Revenue CAGR, 3 years
  • -16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Invexgo Solutions Private Limited are on its company page.

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Detailed financial statements for DoneThing

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Timeline of DoneThing

4 dated milestones of DoneThing across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded DoneThing is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $306K.
  4. Exit Acquired by OYO.

Competitors of DoneThing

DoneThing has 3 listed competitors in our database, 2 of them funded. They include Zuperfast, HelloGenie and Russsh.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zuperfast.com2016Delhi, India
Delivers concierge-based services for efficient package delivery.
hellogenie.in2015Chennai, India$271,328
Offers concierge services accessible via SMS, Twitter, and WhatsApp.
russsh.com2012Mumbai, India$250,000
Online platform to book people for household errands
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Detailed competitors of DoneThing

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Top companies in Local & Community Services

3 companies that operate in the same segment as DoneThing (Local & Community Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
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Related news about Donething

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Complete news archive for DoneThing

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Frequently Asked Questions about DoneThing

DoneThing was founded in 2015 and raised its 1st funding round 1 year after it was founded.

DoneThing is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

DoneThing is a funded company, having raised a total of $535.59K across 3 funding rounds to date.

DoneThing has 1 employees.

The primary company behind DoneThing, Invexgo Solutions Private Limited, reported revenue of β‚Ή20.2 Lakh for FY 2024, down 77% year on year.

DoneThing was founded in 2015 in Gurugram, India, as an on-demand concierge service in the lifestyle assistance sector. Operations are conducted through mobile apps, WhatsApp, and phone calls, where customer requests for personal shopping, pickups and deliveries, bill payments, errands, and local service referrals are handled. Tasks are fulfilled via a network of partnered merchants and vendors.

DoneThing's top competitors include HelloGenie, Russsh and Zuperfast.

DoneThing has 4 investors. Key investors include OYO, Chandigarh Angels Network, Brand Capital, and Swastika Co.

DoneThing operates through Invexgo Solutions Private Limited.

Yes. DoneThing was acquired by OYO in March 2018.

The legal entities of DoneThing currently have 3 directors, including Sunita Pansari, Ankit Rathi, Sonal Saraogi.

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