Digivriddhi Technologies Private Limited

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Digivriddhi Technologies Private Limited - overview

Established

2019

Location

Bangalore, Karnataka, India

Primary Industry

Financial Services

About

Digivriddhi Technologies Private Limited, based in India, focuses on delivering innovative digital transformation solutions, enhancing operational efficiency, data analytics, and improving customer engagement for medium to large enterprises. Founded in 2019 and headquartered in Bengaluru, India, Digivriddhi Technologies Private Limited specializes in digital transformation for businesses. The firm has completed 2 deals, with the most recent funding round occurring on November 2, 2021, when it raised INR 3. 1 million in Seed funding from Info Edge Ventures and Omnivore.


Currently, the company has raised a total of INR 500 million and has a current valuation of INR 1,093. 901 million. The CEO is Jan Hansen, and the founder is Ragavan Venkatesan. Digivriddhi specializes in providing solutions that streamline digital transformation for various sectors.


Its core offerings include software applications that enhance operational efficiency, data analytics, and customer engagement, particularly targeting industries like finance, retail, and healthcare. The company aims to help medium to large enterprises overcome challenges in data management and customer relationship management, facilitating better decision-making and optimized resource allocation. Digivriddhi serves clients across North America, Europe, and parts of Asia with tailored solutions that adapt to market conditions and customer needs. In 2023, Digivriddhi reported a revenue of INR 66,210.


80 and an EBITDA of -INR 1,580,812. 20. The company generates revenue through subscription-based models and direct sales, engaging clients in annual or multi-year contracts that include software licensing, ongoing support, and updates. Its pricing plans are designed to accommodate varying client needs, enhancing its market presence through strategic technology partnerships.


Following the funding raised in November 2021, Digivriddhi plans to utilize the capital to develop a full-service platform for dairy farmers. The company aims to expand into new markets, particularly targeting the agriculture sector within India by 2024. This initiative reflects its strategy to leverage recent investments to broaden its service offerings and address specific industry challenges.


Current Investors

Omnivore, InfoEdge Ventures

Primary Industry

Financial Services

Sub Industries

Financial Services

Website

www.dgv.in

Verticals

FinTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Digivriddhi Technologies Private Limited - timeline of key events

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Digivriddhi Technologies Private Limited - financials

Fiscal Year EndedMar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)100,000---
% Revenue Growth (YoY)----
EBITDA (USD)(619,773)---
Operating Income (USD)(619,773)---
Operating Margin(619.8%)---
% EBITDA Margin(619.8%)---
NET Income (USD)(436,699)---
% Net Margin(436.7%)---

Digivriddhi Technologies Private Limited - employee data

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