About Hasiru Dala Innovations
Hasiru Dala Innovations is a company based in Bengaluru (India) founded in 2015 by Shekar Prabhakar, Marwan Abubaker, and Nalini Shekar.. Hasiru Dala Innovations has raised $1.02 million across 9 funding rounds from investors including Maharashtra State Innovation Society, Rainmatter and Next Bharat Ventures. The company has 107 employees as of August 20, 2025. Hasiru Dala Innovations has completed 1 acquisition, including Encashea. Hasiru Dala Innovations operates in a competitive market with competitors including Republic Services, Valet Living, Biffa, Casella and Paprec, among others.
- Headquarter Bengaluru, India
- Employees 107 as on 20 Aug, 2025
- Founders Shekar Prabhakar, Marwan Abubaker, Nalini Shekar
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Sectors
Environment
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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 Hasiru Dala Innovations Private Limited
- Date of Incorporation 08 Oct, 2015
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$1.84 M (USD)20.29as on Mar 31, 2024
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Net Profit
$-52.64 K (USD)-151.3as on Mar 31, 2024
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EBITDA
$18.21 K (USD)-91.34as on Mar 31, 2024
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Total Equity Funding
$1.02 M (USD)
in 9 rounds
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Latest Funding Round
$701.52 K (USD), Seed
Apr 01, 2025
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Investors
Maharashtra State Innovation Society
& 8 more
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Employee Count
107
as on Aug 20, 2025
- Investments & Acquisitions
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Operations Team
4 people
Sales and Marketing
2 people
Co Team
1 people
Customer Team
1 people
Business Team
1 people
Unlock access to complete
Funding Insights of Hasiru Dala Innovations
Hasiru Dala Innovations has successfully raised a total of $1.02M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $701.52 thousand completed in April 2025. 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 9
- Last Round Seed — $701,520
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First Round
First Round
(16 Jan 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - Hasiru Dala Innovations | Valuation | Rainmatter | |
| Apr, 2021 | Amount | Seed - Hasiru Dala Innovations | Valuation | Ennovent | |
| Jun, 2020 | Amount | Seed - Hasiru Dala Innovations | Valuation | Upaya Social Ventures |
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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 Hasiru Dala Innovations
Hasiru Dala Innovations has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Maharashtra State Innovation Society, Rainmatter and Next Bharat Ventures. 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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Indian fund focused on fintech, health, and climate initiatives.
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Founded Year | Domain | Location | |
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Next Bharat Ventures is focused on empowering impact entrepreneurs.
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Founded Year | Domain | Location | |
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Startups are incubated and launched globally in key 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 Hasiru Dala Innovations
Hasiru Dala Innovations has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Encashea. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online sports betting platform offering live wagering and casino entertainment for users.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hasiru Dala Innovations
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hasiru Dala Innovations Comparisons
Competitors of Hasiru Dala Innovations
Hasiru Dala Innovations 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 Republic Services, Valet Living, Biffa, Casella and Paprec, 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 |
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| domain | founded_year | HQ Location |
Integrated waste management services are provided nationwide.
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| domain | founded_year | HQ Location |
Waste collection, recycling, and property management services are provided.
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| domain | founded_year | HQ Location |
Horizontally integrated waste management services are provided across various processes.
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| domain | founded_year | HQ Location |
Waste management services are provided across the United States.
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| domain | founded_year | HQ Location |
Horizontal integration is employed in recycling operations and services.
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| domain | founded_year | HQ Location |
Renewi is engaged in waste-to-product solutions and recycling services.
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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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Latest news on Hasiru Dala Innovations
Frequently Asked Questions about Hasiru Dala Innovations
When was Hasiru Dala Innovations founded?
Hasiru Dala Innovations was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Hasiru Dala Innovations located?
Hasiru Dala Innovations is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Hasiru Dala Innovations?
Shekar Prabhakar is the current CEO of Hasiru Dala Innovations. They have also founded this company.
Is Hasiru Dala Innovations a funded company?
Hasiru Dala Innovations is a funded company, having raised a total of $1.02M across 9 funding rounds to date.
How many employees does Hasiru Dala Innovations have?
As of Aug 20, 2025, the latest employee count at Hasiru Dala Innovations is 107.
What is the annual revenue of Hasiru Dala Innovations?
Annual revenue of Hasiru Dala Innovations is $1.84M as on Mar 31, 2024.
What does Hasiru Dala Innovations do?
Hasiru Dala Innovations was established in 2015 and is based in Bengaluru, India. Operations are centered on the environmental services sector, where integrated waste management solutions are delivered. Core activities encompass waste collection, segregation, recycling processes, and sustainable disposal methods. Services are extended to urban communities, with a focus on local partnerships and resource recovery initiatives across Indian cities. Leadership includes co-founders with expertise in innovation and community development.
Who are the top competitors of Hasiru Dala Innovations?
Hasiru Dala Innovations's top competitors include Republic Services, GFL Environmental and Casella.
How many acquisitions has Hasiru Dala Innovations made?
Hasiru Dala Innovations has made 1 acquisition, including Encashea.
Who are Hasiru Dala Innovations's investors?
Hasiru Dala Innovations has 9 investors. Key investors include Maharashtra State Innovation Society, Rainmatter, Next Bharat Ventures, Ennovent, and Beyond Capital Fund.
What is Hasiru Dala Innovations's valuation?
The valuation of Hasiru Dala Innovations is $889.58K as of Jun 2017.