DOQFY

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Contracts are created, signed, tracked, and managed through cloud-based software.

About DOQFY

DOQFY is a Professional & Legal Services company based in Bengaluru (India) founded in 2019 by Madhu Pusarla, Manjula Rao, and Aditya Pandranki. Contracts are created, signed, tracked, and managed through cloud-based software. DOQFY has raised $2.04 million across 7 funding rounds from investors including Angel List, LetsVenture and Lead Angels. DOQFY was last valued at $5.58 million in July 2023. Its chief executive, as recorded, is Aditya Pandranki. Its website doqfy.in draws about 12 thousand monthly visits. Its Indian entity Doqfy Internet Private Limited reported revenue of β‚Ή9.50 Cr. Its focus areas include Enterprise Applications, Legal Tech, Legal Contract Management and Contract Lifecycle Management.

Company details

DOQFY was founded in 2019 in Bengaluru, India, within the software sector. Cloud-based tools for contract management are provided, allowing real-time creation, signing, tracking, and oversight of agreements. Templates are utilized for customization, while e-signature capabilities enable remote execution. A collaborative platform is included for team input, feedback, and approvals. Additional features encompass security measures, e-stamp integration, and contract monitoring, supporting operations primarily in the legal and business services domain.

  • Headquarters Bengaluru, India
  • Founders Madhu Pusarla, Manjula Rao, Aditya Pandranki
  • Stage Minicorn
  • Sectors
    Professional & Legal Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website doqfy.in
  • Social LinkedIn X Facebook
  • Legal Name Doqfy Internet Private Limited
  • Date of Incorporation 14 Feb, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹9.50 Cr

    FY 2025 · +5% YoY

  • Net Loss
    -₹2.58 Cr

    FY 2025 · -27% margin

  • EBITDA
    -₹1.90 Cr

    FY 2025 · -20% margin

  • Total Equity Funding
    $2.04M (USD)

    in 7 rounds

  • Latest Funding Round
    $120.8K (USD), Seed

    Jul 2023

  • Investors
    Angel List

    & 22 more

Funding Insights of DOQFY

DOQFY has successfully raised a total of $2.04M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $120.8 thousand completed in July 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.

  • Total Funding $2.04M
  • Total Rounds 7
  • Last Round Seed β€” $120,800
  • First Round $36,014

    (Apr 2019)

  • Investors Count 23

All 7 funding rounds of DOQFY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2023$120,800Seed$5.58MSilverneedle Ventures
–
Mar 2023$908,445Seed–Pentathlon Ventures
Oct 2022$628,153Seed$5.46MPentathlon Ventures, LetsVenture
Nov 2021$50,000Seed––
Feb 2021$55,169Seed––
Feb 2020$238,405Seed$β€’β€’β€’β€’β€’Turbostart
Apr 2019$36,014Angel Round$β€’β€’β€’β€’β€’Rohini Jayashankar
–
Valuation history
DateValuationStage
Jul 2023$5.58Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2022$5.46Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of DOQFY

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Last known valuation $5.58M (Jul 2023). 23 investors in total: 8 institutional and 15 angel.

Investors in DOQFY

DOQFY has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and Lead Angels.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund
silverneedle.vcHyderabad, India
Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India.
2020pentathlon.vcPune, India
Investment in high-growth startups and angel funding services in India.
2014leadangels.inMumbai, India
Venture capital financing and ecosystem support for early-stage startups globally.
2019turbostart.co
expertdojo.com
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States
Web, blockchain development, digital marketing, and analytics services are provided.
indusnet.co.inKolkata, India

Archana Priyadarshini

Angel investor and startup mentor, ex-Vertex Ventures, focused on early-stage tech
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Sandhya Darsi

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Investor details for DOQFY

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Board of directors of Doqfy Internet Private Limited (DOQFY)

Doqfy Internet Private Limited is the primary company behind DOQFY. The board of Doqfy Internet Private Limited currently have 2 directors; the longest-serving is Krishna Aditya Pratap Pandranki, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Krishna Aditya Pratap Pandranki
DIN 07177288
Director14 Feb 20197 yrs 8 moDoqfy Internet Private Limited
Manjula Rao
DIN 08395802
Director03 May 20197 yrs 5 moDoqfy Internet Private Limited

People of DOQFY

7 people are tracked at DOQFY (6 in leadership, 1 in team).

NameRoleGroup
Madhu Pusarla
Co-Founder & CBOLeadership
Co-FounderLeadership
Co-Founder & CEOLeadership
Arpit Billore
Head of ProductsLeadership
Vilaas BV Rao
CEOLeadership
Sai Aravind M
Founder's Office || Strategy And GrowthLeadership
Divya V
Human ResourceTeam
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Financials of DOQFY

Figures of Doqfy Internet Private Limited, the primary company behind DOQFY, for FY 2025. Revenue was ₹9.50 Cr (+5% year on year). Net loss was -₹2.58 Cr (-27% margin). EBITDA was -₹1.90 Cr (-20% margin). Revenue has grown at a compounded annual rate of +60% over three years and +135% over five years.

  • ₹9.50 CrRevenue · FY 2025 · +5% YoY
  • -₹2.58 CrNet loss · -27% margin
  • -₹1.90 CrEBITDA · -20% margin
  • ₹1.5 LakhPaid-up capital
  • 56Employees (provident fund records)
  • +60%Revenue CAGR, 3 years
  • +135%Revenue CAGR, 5 years

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

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Detailed financial statements for DOQFY

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Timeline of DOQFY

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

  1. Founded DOQFY is founded.
  2. Funding First funding round of $36K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $121K.

Web traffic of DOQFY

The website of DOQFY (doqfy.in) receives about 11.8K visits a month.

  • Monthly visits
    11.8K

    ▼ 14.2% vs previous month

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Related news about Doqfy

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Frequently Asked Questions about DOQFY

DOQFY was founded in 2019.

DOQFY is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Aditya Pandranki is the CEO of DOQFY, as recorded in our data. They have also founded this company.

DOQFY is a funded company, having raised a total of $2.04M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $36.01K, raised on Apr 2019.

The primary company behind DOQFY, Doqfy Internet Private Limited, reported revenue of β‚Ή9.50 Cr for FY 2025, up 5% year on year.

DOQFY was founded in 2019 in Bengaluru, India, within the software sector. Cloud-based tools for contract management are provided, allowing real-time creation, signing, tracking, and oversight of agreements. Templates are utilized for customization, while e-signature capabilities enable remote execution. A collaborative platform is included for team input, feedback, and approvals. Additional features encompass security measures, e-stamp integration, and contract monitoring, supporting operations primarily in the legal and business services domain.

DOQFY has 23 investors. Key investors include Angel List, LetsVenture, Lead Angels, Pentathlon Ventures, and Silverneedle Ventures.

The valuation of DOQFY is $5.58M as of Jul 2023.

DOQFY operates through Doqfy Internet Private Limited.

The legal entities of DOQFY currently have 2 directors, including Manjula Rao, Krishna Aditya Pratap Pandranki.

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