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
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Temperate Technologies Private Limited
- Date of Incorporation 24 Oct, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$98.31 K (USD)601.77as on Mar 31, 2022
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Net Profit
$18.6 K (USD)4008.03as on Mar 31, 2022
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EBITDA
$7.76 K (USD)143.77as on Mar 31, 2022
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Oct 28, 2020
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Investors
Divergence Ventures
& 2 more
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Employee Count
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(28 Oct 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - DUSD | Valuation | Divergence Ventures , Standard Crypto |
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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 DUSD
DUSD has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Divergence Ventures, Standard Crypto and Accomplice. 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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Investments in cryptocurrencies are managed by Divergence Ventures.
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Founded Year | Domain | Location | |
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Venture capital is invested in the cryptocurrencies sector.
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Founded Year | Domain | Location | |
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Accomplice is engaged in venture capital investments for startups.
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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 DUSD
| 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 - DUSD
| 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 |
Dusd Comparisons
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. 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 |
Physical assets are tokenized on a decentralized platform for liquidity.
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| domain | founded_year | HQ Location |
Cross-border cryptocurrency payments for businesses are enabled through APIs.
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| domain | founded_year | HQ Location |
Blockchain-based stablecoins are utilized for social payments and transfers.
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| domain | founded_year | HQ Location |
A collateral-backed stablecoin is issued on the Ethereum blockchain.
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| domain | founded_year | HQ Location |
A blockchain platform is provided for building decentralized marketplaces.
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| domain | founded_year | HQ Location |
A stablecoin and decentralized payment protocol are provided by Reserve.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 DUSD
When was DUSD founded?
DUSD was founded in 2020.
Where is DUSD located?
DUSD is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of DUSD?
Arpit Agarwal is the current CEO of DUSD. They have also founded this company.
Is DUSD a funded company?
DUSD is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Oct 28, 2020.
What is the annual revenue of DUSD?
Annual revenue of DUSD is $98.31K as on Mar 31, 2022.
What does DUSD do?
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.
Who are the top competitors of DUSD?
DUSD's top competitors include Circle, Celo and TrustToken.
Who are DUSD's investors?
DUSD has 3 investors. Key investors include Divergence Ventures, Standard Crypto, and Accomplice.