About Freedeem
Freedeem is a Retail company based in Ahmedabad (India) founded in 2019 by Shaudhan Desai. Manages an e-commerce store offering deals on multi-category products. It operates on a B2C model. Its Indian entity Dsoft Innovations Llp reported revenue of ₹11.8 Lakh. Its focus areas include E-commerce, Online Retail and Deals and Discounts. Its competitors include Magicpin, Little Internet and NearBuy; 3 of its 3 listed competitors have raised funding.
Company details
Freedeem, founded in 2019 in Ahmedabad, India, focuses on operating online marketplaces, engaging in retail operations, selling products via the internet, and deals and discounts. Manages an e-commerce store offering deals on multi-category products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Ahmedabad, India
- Employees 7
- Founders Shaudhan Desai
- SectorsRetail
- Website freedeem.in
- Social X Facebook
- Legal Name Dsoft Innovations Llp
- Date of Incorporation 04 Dec, 2018
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹11.8 Lakh
FY 2021 · +1046% YoY
- Employee Count7
Associated legal entities of Freedeem
Freedeem operates through Dsoft Innovations Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dsoft Innovations Llp CIN AAN-6283 | Active | 04 Dec 2018 | Ahmedabad, Gujarat | ₹0.1 Cr | 7 | 2 | View details |
Board of directors of Dsoft Innovations Llp (Freedeem)
Dsoft Innovations Llp is the primary company behind Freedeem. The board of Dsoft Innovations Llp currently have 2 directors; the longest-serving is Shaudhankumar Vijendrarai Desai, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shaudhankumar Vijendrarai Desai DIN 01589544 | Designated Partner | 04 Dec 2018 | 7 yrs 10 mo | Dsoft Innovations Llp |
| Dipeshkumar Mohanlal Shah DIN 02778123 | Designated Partner | 04 Dec 2018 | 7 yrs 10 mo | Dsoft Innovations Llp |
People of Freedeem
1 people are tracked at Freedeem (1 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
Shaudhan Desai | Founder | Leadership |
Complete people profiles for Freedeem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Freedeem
Figures of Dsoft Innovations Llp, the primary company behind Freedeem, for FY 2021. Revenue was ₹11.8 Lakh (+1046% year on year).
- ₹11.8 LakhRevenue · FY 2021 · +1046% YoY
- 7Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Dsoft Innovations Llp are on its company page.
Detailed financial statements for Freedeem
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.
Competitors of Freedeem
Freedeem has 3 listed competitors in our database, 3 of them funded. They include Magicpin, Little Internet and NearBuy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| magicpin.com | 2015 | Gurugram, India | $104.41M | 843 | Offers a platform that rewards customers for visiting partner businesses. | |
| littleapp.in | 2015 | Bengaluru, India | $50M | 1 | Hyperlocal deals are aggregated via a mobile app platform. | |
| nearbuy.com | 2011 | Gurugram, India | $20M | 2 | Deals and coupons from nearby merchants are aggregated online. |
Detailed competitors of Freedeem
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Freedeem
The website of Freedeem (freedeem.in) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 4.1% vs previous month
Top companies in Deals, Rewards & Comparison Platforms
2 companies that operate in the same segment as Freedeem (Deals, Rewards & Comparison Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Cashback and coupon offers are provided for e-commerce shopping. | Gurugram, Haryana, India | USD 32.61 M |
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Frequently Asked Questions about Freedeem
Freedeem was founded in 2019.
Freedeem is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Freedeem has 7 employees.
The primary company behind Freedeem, Dsoft Innovations Llp, reported revenue of ₹11.8 Lakh for FY 2021, up 1046% year on year.
Freedeem, founded in 2019 in Ahmedabad, India, focuses on operating online marketplaces, engaging in retail operations, selling products via the internet, and deals and discounts. Manages an e-commerce store offering deals on multi-category products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Freedeem's top competitors include NearBuy, Little Internet and Magicpin.
Freedeem operates through Dsoft Innovations Llp.
The legal entities of Freedeem currently have 2 directors, including Shaudhankumar Vijendrarai Desai, Dipeshkumar Mohanlal Shah.