Dvano shoes
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Dvano shoes - overview
Established
2014
Location
Bangalore, Karnataka, India
Primary Industry
Internet
About
Dvano Shoes is a company focused on delivering innovative footwear solutions. Their products emphasize comfort and style while meeting the diverse demands of the modern consumer. Founded in 2014 and headquartered in Bangalore, India, Davano Shoes specializes in the footwear industry. The company has completed one funding deal, with INR 15.
00 million raised from Brand Capital in July 2014, valuing the company at INR 36. 76 million post-money. No significant pivots or changes in company strategy have been noted since its inception. Dvano offers a range of innovative footwear designed to enhance comfort and style for consumers.
Their product line includes various shoe types suitable for different occasions and activities, aiming to meet the diverse needs of customers in multiple sectors. Davano actively serves geographic markets in North America, Europe, and Asia, ensuring their products are accessible to a global audience. In the most recent financial year, 2015, Davano reported revenue of INR 195,907. 40, with an EBITDA of -765,779.
50 for the same period. This revenue generation is supported by a structured system of product sales to both direct consumers and retail partners, facilitating a consistent revenue stream through their footwear offerings. As part of their future strategy, Davano Shoes intends to launch new footwear designs aimed at expanding their product range, although specific release dates have not been disclosed. The company is also exploring market entry into additional regions, including Southeast Asia, by 2025.
The recent financing of INR 15. 00 million will aid these initiatives, enhancing their operational capabilities and supporting marketing efforts to penetrate new markets.
Current Investors
Brand Capital
Primary Industry
Internet
Sub Industries
Web Applications
Website
www.dvano.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
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