About DoSeat
DoSeat is a company based in Mumbai (India) founded in 2015 was acquired by Quikr in June 2019.. DoSeat has raised $620.6 thousand across 3 funding rounds from investors including Quikr, Orios Venture Partners and Praveen Kumar. The company has 13 employees as of March 28, 2024. DoSeat operates in a competitive market with competitors including Droom, CredR, BeepKart, DriveX and SAMIL, among others.
- Headquarter Mumbai, India
- Employees 13 as on 28 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name True & Real Value Automobile Services Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$155.68 K (USD)52.84as on Mar 31, 2019
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Net Profit
$-95.35 K (USD)51.93as on Mar 31, 2019
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EBITDA
$-133.8 K (USD)50.92as on Mar 31, 2019
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Total Equity Funding
$620.6 K (USD)
in 3 rounds
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Latest Funding Round
$108.98 K (USD), Seed
Jul 24, 2018
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Investors
Quikr
& 3 more
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Employee Count
13
as on Mar 28, 2024
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Acquired by
Quikr
(Jun 01, 2019)
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Funding Insights of DoSeat
DoSeat has successfully raised a total of $620.6K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $108.98 thousand completed in July 2018. 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 Funding
- Total Rounds 3
- Last Round Seed — $108,983
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First Round
First Round
(17 Oct 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Seed - DoSeat | Valuation | Orios Venture Partners |
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| Nov, 2016 | Amount | Seed - DoSeat | Valuation | Orios Venture Partners |
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| Oct, 2015 | Amount | Angel Round - DoSeat | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DoSeat
DoSeat has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Quikr, Orios Venture Partners and Praveen Kumar. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Online platform for second-hand listings and peer-to-peer transactions
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Founded Year | Domain | Location | |
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PK
Praveen Kumar |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DoSeat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DoSeat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Doseat Comparisons
Competitors of DoSeat
DoSeat 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 Droom, CredR, BeepKart, DriveX and SAMIL, 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 |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Second-hand bikes are bought and sold via an online marketplace.
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| domain | founded_year | HQ Location |
Used two-wheelers are sold via an online digital platform.
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| domain | founded_year | HQ Location |
Vehicle subscriptions are managed via an online booking platform.
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| domain | founded_year | HQ Location |
App-based bidding for used vehicles and equipment is enabled.
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| domain | founded_year | HQ Location |
Pre-owned two-wheelers are traded through a digital marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DoSeat
When was DoSeat founded?
DoSeat was founded in 2015.
Where is DoSeat located?
DoSeat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is DoSeat a funded company?
DoSeat is a funded company, having raised a total of $620.6K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $62.3K, raised on Oct 17, 2015.
How many employees does DoSeat have?
As of Mar 28, 2024, the latest employee count at DoSeat is 13.
What is the annual revenue of DoSeat?
Annual revenue of DoSeat is $155.68K as on Mar 31, 2019.
What does DoSeat do?
Founded in 2015 in Mumbai, India, DoSeat functions as an online marketplace in the automotive sector. New bikes are searchable with access to dealership deals, while certified used bikes are available for booking, purchase, or visit requests. Operations cover 22 cities, with expansion planned to 50 by the end of 2016. Android mobile apps are provided for dealers and consumers.
Who are DoSeat's investors?
DoSeat has 4 investors. Key investors include Quikr, Orios Venture Partners, Praveen Kumar, and Ganesh Kumar.
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