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
Locked
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Website
Locked
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Social
Locked
- 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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage investments
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Online platform for second-hand listings and peer-to-peer transactions
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PK
Praveen Kumar |
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Investor details for DoSeat
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Investments & Acquisitions by DoSeat
Investment portfolio details for DoSeat
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Financial Statements - DoSeat
Detailed financials for DoSeat
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Doseat Comparisons
Peer comparison for DoSeat
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- Named peers
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used vehicles are bought and sold through an AI platform.
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Second-hand bikes are bought and sold via an online marketplace.
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Used two-wheelers are sold via an online digital platform.
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Vehicle subscriptions are managed via an online booking platform.
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App-based bidding for used vehicles and equipment is enabled.
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Pre-owned two-wheelers are traded through a digital marketplace platform.
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Detailed competitors of DoSeat
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Latest news on Doseat
Complete news archive for DoSeat
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Frequently Asked Questions about DoSeat
DoSeat was founded in 2015.
DoSeat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
DoSeat is a funded company, having raised a total of $620.6K across 3 funding rounds to date.
As of Mar 28, 2024, the latest employee count at DoSeat is 13.
Annual revenue of DoSeat is $155.68K as on Mar 31, 2019.
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.
DoSeat has 4 investors. Key investors include Quikr, Orios Venture Partners, Praveen Kumar, and Ganesh Kumar.