Durity

Hyderabad, India Founded: 2020 • Age: 6 yrs Minicorn
Data encryption solutions provider

About Durity

Durity is a Technology company based in Hyderabad (India) founded in 2020. Data encryption solutions provider. Durity has raised $27.19 thousand across 1 funding round from investors including Venkat Sonnathi. Durity was last valued at $1.14 million in September 2020. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Encryption. Its legal entity in India is Durity Pvt Ltd (U72900TG2020PTC139368).

Company details

Durity was founded in 2020 in Hyderabad, India, focusing on the data security sector. A digital vault product is offered to encrypt data and documents, incorporating end-to-end encryption, document protection, and controlled access mechanisms. Operations center on mobile applications, which are distributed through the Google Play Store for Android and the Apple App Store for iOS devices.

  • Headquarters Hyderabad, India
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website durity.life
  • Social LinkedIn Facebook
  • Legal Name Durity Pvt Ltd
  • Date of Incorporation 19 Feb, 2020
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹46,382

    FY 2023 · -92% YoY

  • Net Profit
    ₹19,378

    FY 2023 · 42% margin

  • EBITDA
    ₹19,378

    FY 2023 · 42% margin

  • Total Equity Funding
    $27.19K (USD)

    in 1 rounds

  • Latest Funding Round
    $27.19K (USD), Angel Round

    Sep 2020

Funding Insights of Durity

Durity has successfully raised a total of $27.19K through 1 strategic funding round. The most recent funding activity was a Angel Round of $27.19 thousand completed in September 2020. 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 $27,188
  • Total Rounds 1
  • Last Round Angel Round β€” $27,188
  • First Round $27,188

    (Sep 2020)

  • Investors Count 1

All 1 funding rounds of Durity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$27,188Angel Round$1.14MVenkat Sonnathi
–
Valuation history
DateValuationStage
Sep 2020$1.14Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.14M (Sep 2020). 1 investors in total: 0 institutional and 1 angel.

Investors in Durity

Durity has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Venkat Sonnathi.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Venkat Sonnathi

unknown_fcd2375c51b4409e9
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Investor details for Durity

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Durity Private Limited (Durity)

Durity Private Limited is the primary company behind Durity. The board of Durity Private Limited currently have 2 directors; the longest-serving is Purnima Muthuswamy, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Purnima Muthuswamy
DIN 06886380
Director19 Feb 20206 yrs 8 moDurity Private Limited
Mahalingam Venkatesh
DIN 07064110
Director19 Feb 20206 yrs 8 moDurity Private Limited

Financials of Durity

Figures of Durity Private Limited, the primary company behind Durity, for FY 2023. Revenue was ₹46,382 (-92% year on year). Net profit was ₹19,378 (42% margin). EBITDA was ₹19,378 (42% margin).

  • ₹46,382Revenue · FY 2023 · -92% YoY
  • ₹19,378Net profit · 42% margin
  • ₹19,378EBITDA · 42% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Durity Private Limited are on its company page.

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Detailed financial statements for Durity

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Durity

3 dated milestones of Durity, from founding to its latest funding, stage changes and deals.

  1. Founded Durity is founded.
  2. Funding First funding round of $27K.
  3. Milestone Reaches Minicorn status.
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Frequently Asked Questions about Durity

Durity was founded in 2020.

Durity is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Durity is a funded company, having raised a total of $27.19K across 1 funding round to date. The company's 1st funding round was a Angel Round of $27.19K, raised on Sep 2020.

The primary company behind Durity, Durity Private Limited, reported revenue of β‚Ή46,382 for FY 2023, down 92% year on year.

Durity was founded in 2020 in Hyderabad, India, focusing on the data security sector. A digital vault product is offered to encrypt data and documents, incorporating end-to-end encryption, document protection, and controlled access mechanisms. Operations center on mobile applications, which are distributed through the Google Play Store for Android and the Apple App Store for iOS devices.

Durity has 1 investor. Key investors include Venkat Sonnathi.

The valuation of Durity is $1.14M as of Sep 2020.

Durity operates through Durity Private Limited.

The legal entities of Durity currently have 2 directors, including Purnima Muthuswamy, Mahalingam Venkatesh.

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