About Dusminute
Dusminute is a company based in Bengaluru (India) founded in 2017 by Kishore Seela, Apoorva Mishra, and Ankita Asai.. Dusminute has raised $3.95 million across 4 funding rounds from investors including Primarc, Indian Angel Network Fund and Marwah Steels. Dusminute offers products and services including Mobile App, In-store Retail, Home Services, and Pharmacy Services. Dusminute operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Bengaluru, India
- Founders Kishore Seela, Apoorva Mishra, Ankita Asai
- Stage Minicorn
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Sectors
RetailBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Indwell Retail Private Limited
- Date of Incorporation 13 Sep, 2017
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$4.5 M (USD)-4.57as on Mar 31, 2023
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Net Profit
$-1.12 M (USD)-9.1as on Mar 31, 2023
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EBITDA
$-1.18 M (USD)-7.92as on Mar 31, 2023
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Total Equity Funding
$3.95 M (USD)
in 4 rounds
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Latest Funding Round
$1.4 M (USD), Seed
Jun 28, 2023
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Investors
Primarc
& 94 more
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Employee Count
Employee Count
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Acquired by
N/A
(Sep 01, 2025)
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Products & Services of Dusminute
Dusminute offers a comprehensive portfolio of products and services, including Mobile App, In-store Retail, Home Services, and Pharmacy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for ordering groceries and services with fast home delivery.
Stores offering groceries, dairy, and household items locally.
Platform for in-house professionals handling upkeep and repairs.
Service for in-store and online medicine and diagnostic deliveries.
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Funding Insights of Dusminute
Dusminute has successfully raised a total of $3.95M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.4 million completed in June 2023. 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 Seed — $1.4M
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First Round
First Round
(21 Jan 2021)
- Investors Count 94
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Dusminute | Valuation | Inflection Point Ventures | |
| Apr, 2022 | Amount | Angel Round - Dusminute | Valuation | Shailesh Haran | |
| Aug, 2021 | Amount | Seed - Dusminute | Valuation | Surekha Haran , Indian Angel Network Fund |
| 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 Dusminute
Dusminute has secured backing from 95 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Primarc, Indian Angel Network Fund and Marwah Steels. 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 are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Venture capital investment in tech-startups
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Founded Year | Domain | Location | |
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Venture capital fund focused on real estate tech 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 Dusminute
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Dusminute
| 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 |
Dusminute Comparisons
Competitors of Dusminute
Dusminute 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 Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, 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 |
Instant delivery of groceries and essentials is facilitated online.
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| domain | founded_year | HQ Location |
Personal and household products are delivered via an e-commerce platform.
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| domain | founded_year | HQ Location |
Food and grocery items are ordered via an online network.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Grocery products are provided via an online digital storefront.
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| domain | founded_year | HQ Location |
Provider of online platform offering grocery, household items, cakes, and flowers
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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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Latest news on Dusminute
Frequently Asked Questions about Dusminute
When was Dusminute founded?
Dusminute was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Dusminute located?
Dusminute is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Dusminute?
Apoorva Mishra is the current CEO of Dusminute. They have also founded this company.
Is Dusminute a funded company?
Dusminute is a funded company, having raised a total of $3.95M across 4 funding rounds to date. The company's 1st funding round was a Seed of $863.01K, raised on Jan 21, 2021.
What is the annual revenue of Dusminute?
Annual revenue of Dusminute is $4.5M as on Mar 31, 2023.
What does Dusminute do?
Dusminute was established in 2017 in Bengaluru, India, within the community management sector. Services are offered to apartment complexes, including access to supermarkets, online ordering, home delivery, professional home services, pharmacies, medicine delivery, diagnostics, and cafes. Operations focus on convenience for residents, with a mobile application available for Android and iOS platforms.
Who are the top competitors of Dusminute?
What products or services does Dusminute offer?
Dusminute offers Mobile App, In-store Retail, Home Services, and Pharmacy Services.
Who are Dusminute's investors?
Dusminute has 95 investors. Key investors include Primarc, Indian Angel Network Fund, Marwah Steels, Sparrow Technologies, and Bhoruka Classic Finance.
What is Dusminute's valuation?
The valuation of Dusminute is $12.08M as of Jun 2023.