Wifi Dabba India Private Limited

Wifi Dabba India Private Limited is a Bangalore-based company providing innovative WiFi solutions to enhance internet accessibility in underserved markets across India. Founded in 2016, Wifi Dabba India Private Limited focuses on delivering internet connectivity through its Dabba Lite hotspot. The company has raised USD 0. 12 mn in venture funding from Y Combinator in 2017 and has executed one deal to date.

The founders, Jeroz Coelho, Karam Lakshman, and Shubhendu Sharma, possess a strong entrepreneurial background which supports the company's mission. Wifi Dabba specializes in innovative WiFi solutions tailored for emerging markets in India. Their core product, the Dabba Lite hotspot, integrates local cable operators into a decentralized network, expanding internet access for underserved populations. Priced at USD 199, the Dabba Lite hotspot is easily deployed by local cable operators, who also maintain these devices.

The unique model employs a utility token, DBT, to incentivize network engagement, primarily serving individuals and communities lacking traditional broadband. In the most recent fiscal year of 2023, Wifi Dabba reported a revenue of USD 74,352. 50, with an EBITDA of USD -183,820. 10.

Revenue generation is driven by the sales of Dabba Lite hotspots and an activation fee requiring DBT tokens, facilitating a revenue-sharing ecosystem with local cable operators. The recent funding of USD 0. 12 mn will support Wifi Dabba's growth initiatives, including the development of new products aimed at enhancing internet accessibility. The company plans to expand into additional regions across India, targeting underserved markets with its WiFi solutions.

Specific timelines and product launch details have yet to be disclosed, but the company is focused on leveraging its network and partnerships to facilitate a broader reach.