About Dunzo Digital Private Limited
Data last updated:
Dunzo Digital Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 08 July 2014.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC075256. Its GSTIN is 29AAFCD0915M1ZH (Karnataka). The company holds 19 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹1.93 Cr and a paid-up capital of ₹1.68 Cr. It is led by directors Hongjin Kim and Madhusudhan Vasudeva Rao.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹232.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,801.8 Cr and EBITDA of -₹1,714.2 Cr. Revenue has grown at a compounded annual rate (CAGR) of 98% over three years and 218% over five years.
The company has about 986 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Dunzo. As per MCA filings, the company has open charges of ₹226.25 Cr and satisfied charges of ₹122 Cr on record. Court records list 42 cases involving the company, including 12 filed by the company and 31 filed against it; 19 cases are pending. The company has 34 deals on record (20 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹3,149.78 Cr; the latest was in May 2024. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,881 overdue payments to 210 micro and small suppliers.
The last known website on record is dunzo.com.
Company details
Contact details
Dunzo Digital Private Limited's registered office is in Bangalore, Karnataka. Its website is dunzo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address4th Floor Incubex Inrm 558, 9th A Main Rd Indira Nagar 1st Stage, Bangalore, Karnataka, India – 560038
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Dunzo Digital Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Dunzo Digital is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Dunzo Digital Private Limited, buy the company report.
Financials of Dunzo Digital Private Limited
FY 2023 filings availableDunzo Digital Private Limited reported revenue of ₹232.3 Cr (up 273% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 218% over five years, including 273% growth in the latest year. EBITDA fell 292% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹232.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1,714.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,801.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Dunzo Digital Private Limited, buy the company report.
Board of directors of Dunzo Digital Private Limited
Dunzo Digital has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hongjin Kim | Nominee Director | 30 Jul 2020 | 6 Years 2 Months | As last reported |
| Madhusudhan Vasudeva Rao | Additional Director | 12 Jan 2025 | 1 Years 9 Months | As last reported |
Auditor
Dunzo Digital Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Dunzo Digital Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dunzo Digital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2024 | 100988721 | Others | ₹5 Cr | Open | |
| 29 Mar 2024 | 100890026 | Others | ₹1.25 Cr | Open | |
| 09 Dec 2022 | 100682048 | Others | ₹3 Cr | Open | |
| 24 Nov 2022 | 100717888 | Others | ₹50 Cr | Open | |
| 07 Nov 2022 | 100681775 | Others | ₹4 Cr | Open |
To see the full charge records of Dunzo Digital Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Dunzo Digital Private Limited has 34 deals on record (20 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹3,149.78 Cr; the latest was in May 2024.
Deals on record (5 of 34)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Debt financing | ₹19.75 Cr | Investors: 4 individuals |
| Mar 2021 | Funding round | ₹27.69 Cr | Investors: Evolvence India, Beluga One Advisors LLP |
| Jan 2021 | Funding round · Series E | ₹87.24 Cr | Investors: NPX Capital, Hana Financial Investment Co Limited, Kristal Advisors (Sg) Pte Ltd |
| Aug 2020 | Funding round · Series E | ₹204.56 Cr | Investors: Lightbox Ventures, Google International LLC, Lightrock India (LGT Lightstone Aspada) |
| Nov 2018 | Funding round · Series C | ₹154.53 Cr | Investors: Google International LLC, Blume Ventures, Alteria Capital |
To see the full deal history of Dunzo Digital Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dunzo Digital Private Limited has 42 court cases on record: 12 filed by Dunzo Digital, 31 filed against it. 19 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 24 | 12 |
| High courts | 7 | 5 | 5 |
| NCLAT | 6 | 1 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Orphic Advisory Services (OPC) Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Mobisaturn Technologies Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Inland Financial Services Pvt Ltd Through Ar Anish P Jhaveri | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Ibi Security Alliances Pvt Ltd Through Its Authorised Representative Mr Deepak Mandavkar | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Minions Ventures Pvt Ltd | Pending |
To see the full case history of Dunzo Digital Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Dunzo Digital Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,881 overdue payments to 210 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 210)
To see the full MSME payment records of Dunzo Digital Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dunzo Digital has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dunzo Wholesale Private Limited | U51909KA2022PTC167019 | |
| Dunzo Merchant Services Private Limited | U74999KA2020PTC142479 |
To see the full group structure of Dunzo Digital Private Limited, buy the company report.
Employees & EPFO
Dunzo Digital Private Limited has a workforce of 986 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Dunzo Digital has 19 GST registrations: 17 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCD0915M1ZH | Karnataka | Active | 01 Jul 2017 |
| 29AAFCD0915M1CS | Karnataka | Active | 22 Feb 2019 |
| 27AAFCD0915M1ZL | Maharashtra | Active | 21 Jun 2018 |
| 06AAFCD0915M1ZP | Haryana | Active | 30 Oct 2018 |
To see the full GST registrations and return filing status of Dunzo Digital Private Limited, buy the company report.
Recent activity
Dunzo Digital Private Limited has 10 board changes on record since 2020: 2 appointments and 8 cessations. The latest: Kabir Khokan Biswas ceased to be Director on 15 Jan 2025.
39 earlier events are in the company report.
News
From our blog
- Funding in Indian Startups [18 Jan – 23 Jan]25 Jan 2021
Frequently asked questions
Dunzo Digital is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Dunzo Digital is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 08 July 2014 and is registered under CIN U74900KA2014PTC075256. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dunzo Digital has 2 current directors:
- Hongjin Kim - Nominee Director
- Madhusudhan Vasudeva Rao - Additional Director
The latest financial statements of Dunzo Digital on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dunzo Digital is U74900KA2014PTC075256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dunzo Digital has open charges of ₹226.25 Cr and satisfied charges of ₹122 Cr as per latest MCA filings.
Dunzo Digital has 42 court cases on record: 12 filed by the company and 31 filed against it. 19 are pending. Most are in the district courts.
Dunzo Digital was incorporated on 08 July 2014. It is registered with the Registrar of Companies, Bangalore.
Dunzo Digital has 34 deals on record (20 funding rounds, 9 debt financings, 4 secondary share transfers), with disclosed funding of ₹3,149.78 Cr; the latest was in May 2024.
Kabir Khokan Biswas ceased to be Director on 15 Jan 2025. Madhusudhan Vasudeva Rao was appointed as Additional Director on 12 Jan 2025. Siddharth Talwar ceased to be Nominee Director on 30 Nov 2023. Dunzo Digital has 10 board changes on record in total.
Dunzo Digital has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,881 overdue payments to 210 micro and small suppliers. The latest return was filed on 23 Apr 2024.