About Dropezy
Dropezy is a company based in Jakarta (Indonesia) founded in 2019 by Nitesh Chellaram and Chandni Chainani. It operates as a B2C. Dropezy has raised $2.5 million across 2 funding rounds from investors including Kopi Kenangan, Forge Ventures and Next Billion Ventures. Dropezy operates in a competitive market with competitors including BANANAS and SuperKiosk, among others.
- Headquarter Jakarta, Indonesia
- Founders Nitesh Chellaram, Chandni Chainani
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Sectors
Retail
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Sep 23, 2021
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Investors
Kopi Kenangan
& 5 more
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Employee Count
Employee Count
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Funding Insights of Dropezy
Dropezy has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in September 2021. 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 2
- Last Round Seed — $2.5M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Dropezy | Valuation | Forge Ventures | |
| Mar, 2021 | Amount | Seed - Dropezy | Valuation | Kopi Kenangan , Taurus Ventures |
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| 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 Dropezy
Dropezy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Kopi Kenangan, Forge Ventures and Next Billion Ventures. 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 investments are provided to early-stage startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US, UK, Israel, and parts of Asia
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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 Dropezy
| 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 - Dropezy
| 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 |
Dropezy Comparisons
Competitors of Dropezy
Dropezy 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 BANANAS and SuperKiosk, 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 |
An online platform delivering multi-category grocery supplies to consumers.
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| domain | founded_year | HQ Location |
Operates an online platform for purchasing a variety of grocery products.
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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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Latest news on Dropezy
Frequently Asked Questions about Dropezy
When was Dropezy founded?
Dropezy was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Dropezy located?
Dropezy is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of Dropezy?
Chandni Chainani is the current CEO of Dropezy. They have also founded this company.
Is Dropezy a funded company?
Dropezy is a funded company, having raised a total of $2.5M across 2 funding rounds to date.
What does Dropezy do?
Dropezy, led by Nitesh Chellaram as Co-Founder, Chandni Chainani as Co-Founder, CEO, specializes in engaging in retail operations, operating online marketplaces, groceries, and managing subscriptions. Subscription-based online retailer for essential grocery products. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Dropezy?
Dropezy's top competitors include BANANAS and SuperKiosk.
Who are Dropezy's investors?
Dropezy has 6 investors. Key investors include Kopi Kenangan, Forge Ventures, Next Billion Ventures, Tekton Ventures, and Nordstar.
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