About Dvara
Dvara is a company based in Chennai (India) founded in 2008 by Samir Shah and Bindu Ananth.. Dvara has raised $48.27 million across 4 funding rounds from investors including LeapFrog Investments, Accion and Proparco. The company has 32 employees as of March 23, 2024. Dvara offers products and services including Dvara KGFS and Dvara SmartGold.
- Headquarter Chennai, India
- Employees 32 as on 23 Mar, 2024
- Founders Samir Shah, Bindu Ananth
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dvara Holdings
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$2.05 M (USD)8.92as on Mar 31, 2023
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Net Profit
$-3.05 M (USD)-49.85as on Mar 31, 2023
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EBITDA
$-908 K (USD)15.07as on Mar 31, 2023
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Total Equity Funding
$48.27 M (USD)
in 4 rounds
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Latest Funding Round
$4.13 M (USD), Private Equity Round
Sep 25, 2018
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Investors
LeapFrog Investments
& 3 more
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Employee Count
32
as on Mar 23, 2024
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Products & Services of Dvara
Dvara offers a comprehensive portfolio of products and services, including Dvara KGFS and Dvara SmartGold. 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.
Financial services are provided for inclusion to low-income households
Gold-related financial services are offered for household needs
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Funding Insights of Dvara
Dvara has successfully raised a total of $48.27M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $4.13 million completed in September 2018. 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 Private Equity Round — $4.1M
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First Round
First Round
(04 Aug 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Private Equity Round - Dvara | Valuation | LeapFrog Investments , Accion |
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| Mar, 2017 | Amount | Private Equity Round - Dvara | Valuation | LeapFrog Investments | |
| Feb, 2016 | Amount | Private Equity Round - Dvara | Valuation | Proparco |
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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 Dvara
Dvara has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include LeapFrog Investments, Accion and Proparco. 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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Private equity fund focused on banking, finance, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Economic development investments are financed through specialized solutions by Proparco.
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Founded Year | Domain | Location | |
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Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
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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 Dvara
| 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 - Dvara
| 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 |
Dvara Comparisons
Competitors of Dvara
| 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 Dvara
Frequently Asked Questions about Dvara
When was Dvara founded?
Dvara was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Dvara located?
Dvara is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Dvara a funded company?
Dvara is a funded company, having raised a total of $48.27M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1.77M, raised on Aug 04, 2015.
How many employees does Dvara have?
As of Mar 23, 2024, the latest employee count at Dvara is 32.
What is the annual revenue of Dvara?
Annual revenue of Dvara is $2.05M as on Mar 31, 2023.
What does Dvara do?
Founded in 2008 and based in Chennai, India, Dvara operates in the financial services sector. Access to social security and suitable financial products is extended to low-income households and small enterprises, ensuring secure usage. Operations emphasize life transformation through empowerment, alongside an employee-focused environment and commitments to integrity and accountability.
What products or services does Dvara offer?
Dvara offers Dvara KGFS and Dvara SmartGold.
Who are Dvara's investors?
Dvara has 4 investors. Key investors include LeapFrog Investments, Accion, Proparco, and Lok Capital.
What is Dvara's valuation?
The valuation of Dvara is $156M as of Sep 2018.
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