Hey Deedee

Mumbai, India Founded: 2016 • Age: 10 yrs Minicorn
Provider of last mile parcel delivery services

About Hey Deedee

Hey Deedee is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Revathi Roy. Provider of last mile parcel delivery services. Hey Deedee has raised $500 thousand across 1 funding round from investors including Metaform. The company has 1 employees. Hey Deedee was last valued at $2 million in April 2018. Its chief executive, as recorded, is Revathi Roy. Its Indian entity Zaffiro Learning Private Limited reported revenue of β‚Ή1.38 Cr. Its focus areas include Consumer, Logistics Tech, Parcel and Hyperlocal Delivery. Its competitors include Dunzo, Pidge and PIQYU; 3 of its 3 listed competitors have raised funding.

Company details

Hey Deedee was established in 2016 in Mumbai, India, as a logistics company specializing in last-mile delivery solutions. Operations are conducted through a fleet of two-wheeler and four-wheeler vehicles operated by women drivers. Services are accessed via an online platform where orders are placed and payments are processed in real time, supporting parcel distribution in urban areas.

  • Headquarters Mumbai, India
  • Employees 1
  • Founders Revathi Roy
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website heydeedee.com
  • Social X Facebook
  • Legal Name Zaffiro Learning Private Limited
  • Date of Incorporation 10 May, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1.38 Cr

    FY 2019 · +71% YoY

  • Net Loss
    -₹1.16 Cr

    FY 2019 · -84% margin

  • EBITDA
    -₹98.5 Lakh

    FY 2019 · -71% margin

  • Total Equity Funding
    $500K (USD)

    in 1 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Apr 2018

  • Investors
  • Employee Count
    1

Funding Insights of Hey Deedee

Hey Deedee has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in April 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 $500,000
  • Total Rounds 1
  • Last Round Seed β€” $500,000
  • First Round $500,000

    (Apr 2018)

  • Investors Count 1

All 1 funding rounds of Hey Deedee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$500,000Seed$2MMetaform
–
Valuation history
DateValuationStage
Apr 2018$2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2M (Apr 2018). 1 investors in total: 1 institutional.

Investors in Hey Deedee

Hey Deedee has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Metaform.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Data analytics and research & development services are provided worldwide.
1995metaform.comCharlottesville, United States
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Investor details for Hey Deedee

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Board of directors of Zaffiro Learning Private Limited (Hey Deedee)

Zaffiro Learning Private Limited is the primary company behind Hey Deedee. The board of Zaffiro Learning Private Limited currently have 2 directors; the longest-serving is Revathi Siddhartha Roy, appointed in 2016. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Revathi Siddhartha Roy
DIN 01442700
Director10 May 201610 yrs 5 moZaffiro Learning Private Limited
Aditi Ashish Nagwekar
DIN 09186960
Director28 May 20215 yrs 4 moZaffiro Learning Private Limited

People of Hey Deedee

1 people are tracked at Hey Deedee (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of Hey Deedee

Figures of Zaffiro Learning Private Limited, the primary company behind Hey Deedee, for FY 2019. Revenue was ₹1.38 Cr (+71% year on year). Net loss was -₹1.16 Cr (-84% margin). EBITDA was -₹98.5 Lakh (-71% margin).

  • ₹1.38 CrRevenue · FY 2019 · +71% YoY
  • -₹1.16 CrNet loss · -84% margin
  • -₹98.5 LakhEBITDA · -71% margin
  • ₹1.7 LakhPaid-up capital
  • 1Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Zaffiro Learning Private Limited are on its company page.

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Detailed financial statements for Hey Deedee

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Timeline of Hey Deedee

3 dated milestones of Hey Deedee across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hey Deedee is founded.
  2. Funding First funding round of $500K.
  3. Milestone Reaches Minicorn status.

Competitors of Hey Deedee

Hey Deedee has 3 listed competitors in our database, 3 of them funded. They include Dunzo, Pidge and PIQYU.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dunzo.com2014Bengaluru, India$449.13M195
Operates an on-demand hyperlocal delivery app for food and groceries.
pidge.in2019Gurugram, India$9.9M64
Logistics intelligence and fulfillment solutions are delivered for businesses.
piqyu.com2019Hyderabad, India$350,44774
Web-enabled 3PL services are provided for hyperlocal delivery management.
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Detailed competitors of Hey Deedee

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Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Hey Deedee (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Hey Deedee

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Frequently Asked Questions about Hey Deedee

Hey Deedee was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Hey Deedee is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Revathi Roy is the CEO of Hey Deedee, as recorded in our data. They have also founded this company.

Hey Deedee is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Apr 2018.

Hey Deedee has 1 employees.

The primary company behind Hey Deedee, Zaffiro Learning Private Limited, reported revenue of β‚Ή1.38 Cr for FY 2019, up 71% year on year.

Hey Deedee was established in 2016 in Mumbai, India, as a logistics company specializing in last-mile delivery solutions. Operations are conducted through a fleet of two-wheeler and four-wheeler vehicles operated by women drivers. Services are accessed via an online platform where orders are placed and payments are processed in real time, supporting parcel distribution in urban areas.

Hey Deedee's top competitors include Dunzo, Pidge and PIQYU.

Hey Deedee has 1 investor. Key investors include Metaform.

The valuation of Hey Deedee is $2M as of Apr 2018.

Hey Deedee operates through Zaffiro Learning Private Limited.

The legal entities of Hey Deedee currently have 2 directors, including Aditi Ashish Nagwekar, Revathi Siddhartha Roy.

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