Directi Group
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Directi Group - overview
Established
1998
Location
Mumbai, -, India
Primary Industry
Internet
About
Directi Group specializes in providing technology-driven solutions that enhance communication, operational efficiency, and collaboration for businesses worldwide. Their offerings include email services, collaboration tools, and domain registry services. Founded in 1998 in Mumbai, India, Directi Group operates in various tech sectors, focusing on communication and collaboration solutions. The company's founder, Pratima Pawar, has a history of fostering innovation within the tech industry.
Directi was acquired by Endurance International Group for USD 100 mn in a deal finalized in January 2014, marking a significant pivot in its business operations. The company's single transaction occurred on September 11, 2013, related to this acquisition, and it primarily operates out of Mumbai, India. Directi offers a diverse portfolio of technology-driven solutions aimed at enhancing communication, collaboration, and operational efficiency. Their core products include a customer-centric email service, a collaboration application designed for team workflows, and a digitized reimbursement system.
Additionally, they provide calling services in 180 countries and serve as a global registry for new generic top-level domains (gTLDs). Directi also supports a global programming initiative, targeting users in the USA, UAE, and India. In 2018, Directi reported a revenue of USD 0 mn, with an EBITDA of USD -15,578. 5 in 2019.
The company's revenue model encompasses subscription-based services for their email and collaboration tools, alongside software licensing for their gTLD registry. This framework allows them to cater to a broad audience, offering flexible pricing plans suitable for various business sizes. Directi Group's future growth strategy includes the launch of new products and services designed to improve user experience and operational capabilities. They aim to expand into new markets, particularly targeting regions in Southeast Asia and Europe by the end of 2024.
The recent funding from Endurance International Group will support these initiatives, including enhancements to their existing product lines and potentially new offerings. The acquisition deal, which was completed in January 2014, paved the way for significant resource allocation towards development and market expansion.
Current Investors
Endurance International Group, Inc.
Primary Industry
Internet
Sub Industries
e-Financial, Social Networking & Communication Platform, Web Applications, Web Development, Website Hosting, IT Security/Cybersecurity, Accounting/Finance Software, Sales & Marketing Software, Systems Management Software
Website
www.directi.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Directi Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Directi Group | - |
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