Doorkeys Pvt. Ltd.

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Doorkeys Pvt. Ltd. - overview

Established

2016

Location

New Delhi, Delhi, India

Primary Industry

Internet

About

Doorkeys Pvt. Ltd. is a technology firm focused on delivering innovative software solutions that enhance operational efficiency and user experience for businesses across various sectors. Founded in 2016, Doorkeys Pvt.


Ltd. specializes in developing software solutions for businesses. The company is headquartered in New Delhi, India. Arjun Basu, the founder, has previously been involved in other entrepreneurial ventures.


In September 2016, Doorkeys raised USD 2 million in Seed funding, completing a single financing round to date. The company's core offerings revolve around innovative technological solutions designed to streamline business operations and enhance user experiences across various sectors. Their flagship product, a cloud-based software platform, enables organizations to efficiently manage their workflows, integrate data analytics, and improve collaboration among teams. Released in the last few years, this platform serves a diverse clientele, including small to medium-sized enterprises (SMEs) and large corporations across North America and Europe.


The end users of these solutions include operational managers, data analysts, and IT professionals who utilize the software to solve complex business challenges such as resource allocation, performance tracking, and strategic planning. Additionally, the company has expanded its service portfolio to include custom integrations and consulting services, further addressing the specific needs of its customers in various industries. In the most recent year, 2021, Doorkeys Pvt. Ltd.


reported revenue of USD 0 mn and an EBITDA of USD -148. 2 mn. The company's revenue model primarily relies on a subscription-based structure, where clients pay recurring fees for access to their software solutions and associated services. Transactions typically occur on an annual basis, with clients selecting from tiered pricing plans that cater to different levels of service and support.


For instance, clients can choose from basic plans that offer essential features to premium plans that include advanced analytics and dedicated customer support. This model fosters long-term relationships with clients, as businesses often enter into multi-year agreements to ensure continued access to the platform's updates and enhancements. The company's revenue is driven by its flagship software solution, which not only establishes a strong market presence but also creates opportunities for upselling additional features and services to existing customers. Looking ahead, Doorkeys Pvt.


Ltd. is focused on enhancing its product offerings and expanding into new markets. Plans include launching new software features aimed at improving analytics capabilities, with a targeted release in 2023. The company is also exploring expansion into Southeast Asian markets by 2024.


The recent Seed funding of USD 2 million will be utilized to support product development and market entry strategies.


Primary Industry

Internet

Sub Industries

Search Engines

Website

www.doorkeys.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Doorkeys Pvt. Ltd. - timeline of key events

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Doorkeys Pvt. Ltd. - financials

Fiscal Year EndedMar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)(21,000)(10,000)---
Operating Income (USD)(21,000)(10,000)---
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)(21,000)(10,000)---
% Net Margin-----

Doorkeys Pvt. Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedDoorkeys Pvt. Ltd.-

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Doorkeys Pvt. Ltd. - employee data

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