DUSD

Bengaluru, India Founded: 2020 • Age: 6 yrs
Stablecoins backed by Curve finance LP tokens
Annual revenue $98,308 Latest available
Total funding $1.2M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About DUSD

DUSD is a company based in Bengaluru (India) founded in 2020 by Arpit Agarwal and Siddhartha Jain. DUSD has raised $1.2 million across 1 funding round from investors including Divergence Ventures, Standard Crypto and Accomplice. DUSD operates in a competitive market with competitors including TrustToken, Circle, Celo, MakerDAO and Origin Protocol, among others.

  • Headquarter Bengaluru, India
  • Founders Arpit Agarwal, Siddhartha Jain
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Temperate Technologies Private Limited
  • Date of Incorporation 24 Oct, 2017
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $98.31 K (USD)
    601.77
    as on Mar 31, 2022
  • Net Profit
    $18.6 K (USD)
    4008.03
    as on Mar 31, 2022
  • EBITDA
    $7.76 K (USD)
    143.77
    as on Mar 31, 2022
  • Total Equity Funding
    $1.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Oct 28, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of DUSD

DUSD has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in October 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.

Investors in DUSD

DUSD has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Divergence Ventures, Standard Crypto and Accomplice.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in cryptocurrencies are managed by Divergence Ventures.
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Venture capital is invested in the cryptocurrencies sector.
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Accomplice is engaged in venture capital investments for startups.
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Investor details for DUSD

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by DUSD

Investments
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Investment portfolio details for DUSD

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  • Portfolio identities
  • Transaction dates
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Financial Statements - DUSD

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Detailed financials for DUSD

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  • Historical revenue
  • Profit trends
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Dusd Comparisons

DUSD Primary company
Description
Stablecoins backed by Curve finance LP tokens
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$98.31 K (USD)
Net Profit
$18.6 K (USD)
EBITDA
$7.76 K (USD)
Employees
Not available
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Peer comparison for DUSD

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of DUSD

DUSD 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 TrustToken, Circle, Celo, MakerDAO and Origin Protocol, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Physical assets are tokenized on a decentralized platform for liquidity.
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Cross-border cryptocurrency payments for businesses are enabled through APIs.
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Blockchain-based stablecoins are utilized for social payments and transfers.
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A collateral-backed stablecoin is issued on the Ethereum blockchain.
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A blockchain platform is provided for building decentralized marketplaces.
Locked Locked Locked
A stablecoin and decentralized payment protocol are provided by Reserve.
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Detailed competitors of DUSD

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Latest news on Dusd

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Complete news archive for DUSD

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Frequently Asked Questions about DUSD

DUSD was founded in 2020.

DUSD is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Arpit Agarwal is the current CEO of DUSD. They have also founded this company.

DUSD is a funded company, having raised a total of $1.2M across 1 funding round to date.

Annual revenue of DUSD is $98.31K as on Mar 31, 2022.

Stablecoins backed by Curve finance LP tokens. Its features are risk management, yield farming via staking holding, volatility cushion for insurance against volatility, modularity with DeFi protocols, and more. It provides an avenue for diversifying stablecoin holdings to hedge against underlying stablecoins.

DUSD's top competitors include Circle, Celo and TrustToken.

DUSD has 3 investors. Key investors include Divergence Ventures, Standard Crypto, and Accomplice.

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