About Ducere
Ducere is a company based in Secunderabad (India) founded in 2011.. Ducere has raised $3.94 million across 4 funding rounds from investors including GAIL, IQuest Enterprises and Hyacinth Lucy Emanuel. The company has 8 employees as of April 06, 2024. Ducere operates in a competitive market with competitors including Carv, NURVV, FeetMe, Lechal and Plantiga, among others.
- Headquarter Secunderabad, India
- Employees 8 as on 06 Apr, 2024
- Stage Minicorn
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ducere Technologies Private Limited
- Date of Incorporation 08 May, 2012
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$190.89 K (USD)-74.04as on Mar 31, 2021
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Net Profit
$-297.39 K (USD)-448.16as on Mar 31, 2021
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EBITDA
$-158.49 K (USD)-153.99as on Mar 31, 2021
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Total Equity Funding
$3.94 M (USD)
in 4 rounds
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Latest Funding Round
$388.08 K (USD), Series A
May 10, 2022
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Investors
GAIL
& 2 more
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Employee Count
8
as on Apr 06, 2024
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Funding Insights of Ducere
Ducere has successfully raised a total of $3.94M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $388.08 thousand completed in May 2022. 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 4
- Last Round Series A — $388,083
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First Round
First Round
(10 Jun 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Ducere | Valuation |
investors |
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| May, 2018 | Amount | Series A - Ducere | Valuation | IQuest Enterprises |
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| Oct, 2014 | Amount | Angel Round - Ducere | Valuation | Hyacinth Lucy Emanuel |
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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 Ducere
Ducere has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include GAIL, IQuest Enterprises and Hyacinth Lucy Emanuel. 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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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Founded Year | Domain | Location | |
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Provider of foundations services
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Founded Year | Domain | Location | |
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HL
Hyacinth Lucy Emanuel |
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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 Ducere
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Ducere
| 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 |
Ducere Comparisons
Competitors of Ducere
Ducere 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 Carv, NURVV, FeetMe, Lechal and Plantiga, 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 |
Pressure sensing insoles and wearable modules for skiers are developed.
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| domain | founded_year | HQ Location |
Provides wearable garments for monitoring health and fitness data.
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| domain | founded_year | HQ Location |
Provider of smart-connected insoles for gait analysis
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| domain | founded_year | HQ Location |
Smart footwear with haptic navigation and fitness tracking is provided.
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| domain | founded_year | HQ Location |
Smart insoles are developed for tracking activity and injuries.
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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 Ducere
When was Ducere founded?
Ducere was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Ducere located?
Ducere is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
Is Ducere a funded company?
Ducere is a funded company, having raised a total of $3.94M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $359.83K, raised on Jun 10, 2014.
How many employees does Ducere have?
As of Apr 06, 2024, the latest employee count at Ducere is 8.
What is the annual revenue of Ducere?
Annual revenue of Ducere is $190.89K as on Mar 31, 2021.
What does Ducere do?
Ducere was founded in 2011 in Secunderabad, India, as a developer of wearable technology in the health and fitness sector. Smart insoles under the Lechal brand are produced, integrating haptic feedback and IoT for navigation, activity monitoring, and fall detection. User data is analyzed to generate health insights and personalized workout plans, supporting daily mobility and training optimization.
Who are Ducere's investors?
Ducere has 3 investors. Key investors include GAIL, IQuest Enterprises, and Hyacinth Lucy Emanuel.
What is Ducere's valuation?
The valuation of Ducere is $7.18M as of May 2022.