Dropgo

Mumbai, India Founded: 2019 • Age: 7 yrs
Relay-based parcel delivery solutions are provided via tech-enabled counters.
Annual revenue - Latest available
Total funding $52,114 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Dropgo

Dropgo is a company based in Mumbai (India) founded in 2019 by Soumyajit Roy Barman. Dropgo has raised $52.11 thousand across 2 funding rounds from investors including Jaydeep Barman and Abantika Barman. Dropgo operates in a competitive market with competitors including VeriShip, 71lbs, Lupeon, Dimensional Scanner and Saveonbusinessshipping, among others.

  • Headquarter Mumbai, India
  • Founders Soumyajit Roy Barman
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dropgo Services Private Limited
  • Date of Incorporation 12 Jul, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $52.11 K (USD)

    in 2 rounds

  • Latest Funding Round
    $13.33 K (USD), Angel Round

    Apr 26, 2021

  • Investors

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Dropgo

Dropgo has successfully raised a total of $52.11K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $13.33 thousand completed in April 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.

Investors in Dropgo

Dropgo has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Jaydeep Barman and Abantika Barman.

All
Angel
Investor Description Founded Year Domain Location

Jaydeep Barman

Founder of Rebel Foods, pioneering cloud kitchen model, active angel investor
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Abantika Barman

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Investor details for Dropgo

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  • Investor domains
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Investments & Acquisitions by Dropgo

Investments
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Investment portfolio details for Dropgo

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Financial Statements - Dropgo

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Detailed financials for Dropgo

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Dropgo Comparisons

Dropgo Primary company
Description
Relay-based parcel delivery solutions are provided via tech-...
Location
Mumbai, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Dropgo

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Competitors of Dropgo

Dropgo 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 VeriShip, 71lbs, Lupeon, Dimensional Scanner and Saveonbusinessshipping, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based parcel audit and intelligence solutions are offered.
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Shipping analytics and claims are managed for small businesses.
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Freight payments and invoices are managed and audited for logistics.
Locked Locked Locked
Offers automated systems for cubic scanning and parcel dimensioning.
Locked Locked Locked
Offers online tools for managing end-to-end delivery services.
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Detailed competitors of Dropgo

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Latest news on Dropgo

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Complete news archive for Dropgo

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Frequently Asked Questions about Dropgo

Dropgo was founded in 2019.

Dropgo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Dropgo is a funded company, having raised a total of $52.11K across 2 funding rounds to date.

DROPGO is a provider of relay-based parcel delivery solutions. Once delivery personnel drop off parcels at tech-based DG counters, the stationed DROPGO executives transfer them to recipients in the premises. Users can also collect their e-commerce packages from the counters at their convenience. It integrates online payment as well as returns management. It provides parcel movement tracking, eliminates the need for visits from multiple delivery executives, and enables package deliveries in the absence of the recipient. It caters to companies, commercial areas, residential complexes and facility managers.

Dropgo's top competitors include VeriShip, 71lbs and Lupeon.

Dropgo has 2 investors. Key investors include Jaydeep Barman, and Abantika Barman.

The valuation of Dropgo is $488.49K as of Apr 2021.

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