Lastmile

Hyderabad, India Founded: 2009 • Age: 17 yrs Minicorn
Last mile payments are managed via biometric verification platform.

About Lastmile

Lastmile is a Technology company based in Hyderabad (India) founded in 2009 by Jay Krishna. Last mile payments are managed via biometric verification platform. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. Lastmile has raised $165.8 thousand across 1 funding round from investors including Sridhar Pashya. The company has 38 employees. Lastmile was last valued at $16.66 million in June 2015. Its Indian entity Digit Secure India Private Limited reported revenue of ₹13.94 Cr. Lastmile offers products and services including DUNN App and SoftPos Platform. Its focus areas include FinTech, RegTech, KYC and Payments. Its competitors include Perfios and IDfy; 2 of its 2 listed competitors have raised funding.

Company details

Lastmile was established in 2009 in Hyderabad, India, within the fintech sector. A platform is operated for last mile payments management, where biometric and Aadhar card data are utilized for user verification. Payments tracking is enabled, alongside last mile banking services and doorstep delivery of benefits. Operations focus on streamlining financial access in underserved areas.

  • Headquarters Hyderabad, India
  • Employees 38
  • Founders Jay Krishna
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
    •••• ••••
  • Website lastmile.mobi
  • Social LinkedIn
  • Legal Name Digit Secure India Private Limited
  • Date of Incorporation 26 Sep, 2007
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹13.94 Cr

    FY 2024 · +40% YoY

  • Net Profit
    ₹8.7 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹1.78 Cr

    FY 2024 · 13% margin

  • Total Equity Funding
    $165.8K (USD)

    in 1 rounds

  • Latest Funding Round
    $165.8K (USD), Angel Round

    Jun 2015

  • Employee Count
    38

Products & Services of Lastmile

Lastmile offers a comprehensive portfolio of products and services, including DUNN App and SoftPos Platform.

DUNN App
Payment App

App for accepting omnichannel payments on mobile devices.

SoftPos Platform
Payment Platform

Platform enabling secure omnichannel payment acceptance with integrations.

Funding Insights of Lastmile

Lastmile has successfully raised a total of $165.8K through 1 strategic funding round. The most recent funding activity was a Angel Round of $165.8 thousand completed in June 2015. 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 $165,799
  • Total Rounds 1
  • Last Round Angel Round — $165,799
  • First Round $165,799

    (Jun 2015)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2015$165,799Angel Round$16.66MSridhar Pashya
–
Valuation history
DateValuationStage
Jun 2015$16.66M••••••••

Last known valuation $16.66M (Jun 2015). 1 investors in total: 0 institutional and 1 angel.

Investors in Lastmile

Lastmile has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sridhar Pashya.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Sridhar Pashya

Angel investor, ex-Google, focused on early-stage Indian startups
unknown_1b033a3ef68745a0a
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Investor details for Lastmile

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Board of directors of Digit Secure India Private Limited (Lastmile)

Digit Secure India Private Limited is the primary company behind Lastmile. The board of Digit Secure India Private Limited currently have 3 directors; the longest-serving is Jaya Krishna Gullapalli, appointed in 2007. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jaya Krishna Gullapalli
DIN 01610371
Director26 Sep 200719 yrsDigit Secure India Private Limited
Sridhar Pashya
DIN 00985761
Director01 Feb 201511 yrs 8 moDigit Secure India Private Limited
Pudupatty Thiruvengadam Ramakrishnan
DIN 03444452
Director01 Apr 201511 yrs 6 moDigit Secure India Private Limited

People of Lastmile

1 people are tracked at Lastmile (1 in leadership); the tracked headcount is 38.

NameRoleGroup
Jay Krishna
FounderLeadership
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Financials of Lastmile

Figures of Digit Secure India Private Limited, the primary company behind Lastmile, for FY 2024. Revenue was ₹13.94 Cr (+40% year on year). Net profit was ₹8.7 Lakh (1% margin). EBITDA was ₹1.78 Cr (13% margin). Revenue has grown at a compounded annual rate of +29% over three years and 0% over five years.

  • ₹13.94 CrRevenue · FY 2024 · +40% YoY
  • ₹8.7 LakhNet profit · 1% margin
  • ₹1.78 CrEBITDA · 13% margin
  • ₹3.06 CrPaid-up capital
  • 38Employees (provident fund records)
  • +29%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Digit Secure India Private Limited are on its company page.

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Detailed financial statements for Lastmile

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Timeline of Lastmile

3 dated milestones of Lastmile across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lastmile is founded.
  2. Funding First funding round of $166K.
  3. Milestone Reaches Minicorn status.

Competitors of Lastmile

Lastmile has 2 listed competitors in our database, 2 of them funded. They include Perfios and IDfy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
perfios.com2008Bengaluru, India$258.77M
Provides financial technology solutions for data analysis and verification globally.
idfy.com2011Mumbai, India$56.03M587
Identity verification, background screening, and fraud prevention solutions are provided.
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Related news about Lastmile

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Frequently Asked Questions about Lastmile

Lastmile was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Lastmile is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Lastmile is a funded company, having raised a total of $165.8K across 1 funding round to date. The company's 1st funding round was a Angel Round of $165.8K, raised on Jun 2015.

Lastmile has 38 employees.

The primary company behind Lastmile, Digit Secure India Private Limited, reported revenue of ₹13.94 Cr for FY 2024, up 40% year on year.

Lastmile was established in 2009 in Hyderabad, India, within the fintech sector. A platform is operated for last mile payments management, where biometric and Aadhar card data are utilized for user verification. Payments tracking is enabled, alongside last mile banking services and doorstep delivery of benefits. Operations focus on streamlining financial access in underserved areas.

Lastmile's top competitors include Perfios and IDfy.

Lastmile offers DUNN App and SoftPos Platform.

Lastmile has 1 investor. Key investors include Sridhar Pashya.

The valuation of Lastmile is $16.66M as of Jun 2015.

Lastmile operates through Digit Secure India Private Limited.

The legal entities of Lastmile currently have 3 directors, including Jaya Krishna Gullapalli, Sridhar Pashya, Pudupatty Thiruvengadam Ramakrishnan.

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