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
Locked
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Website
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Social
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- 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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Provider of foundations services
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HL
Hyacinth Lucy Emanuel |
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Investor details for Ducere
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Investments & Acquisitions by Ducere
Investment portfolio details for Ducere
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Financial Statements - Ducere
Detailed financials for Ducere
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Ducere Comparisons
Peer comparison for Ducere
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Pressure sensing insoles and wearable modules for skiers are developed.
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Provides wearable garments for monitoring health and fitness data.
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Provider of smart-connected insoles for gait analysis
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Smart footwear with haptic navigation and fitness tracking is provided.
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Smart insoles are developed for tracking activity and injuries.
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Detailed competitors of Ducere
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Latest news on Ducere
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Frequently Asked Questions about Ducere
Ducere was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Ducere is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
Ducere is a funded company, having raised a total of $3.94M across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Ducere is 8.
Annual revenue of Ducere is $190.89K as on Mar 31, 2021.
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.
Ducere has 3 investors. Key investors include GAIL, IQuest Enterprises, and Hyacinth Lucy Emanuel.
The valuation of Ducere is $7.18M as of May 2022.