Internal Server Error

Idodeli - About the company

Idodeli is a seed company based in Chennai (India), founded in 2018 by Vishnu Deepak Selvaraj. It operates as a Platform offering on-demand delivery driver for food businesses. Idodeli has raised $383K in funding from 4G Capital and Ceramet Consultants, with a current valuation of *****. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors are Grab, Launga and CarryOver.

Company Details

Platform offering on-demand delivery driver for food businesses. It enables restaurants to offer home delivery to their customers. The solution can be integrated with their existing tech to manage online orders and drivers.
Registered Address
ROOM #12, 3RD FLOOR, HIVE, VR MALL, THIRUMANGALAM, ANNA NAGAR, Chennai, CHENNAI, Tamil Nadu, India, 600040
Key Metrics
Founded Year
2018
Location
Chennai, India
Stage
Seed
Total Funding
$383K in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Aug 16, 2019
Investors
Ranked
Similar Companies
Sign up to download Idodeli's company profile

Idodeli's funding and investors

Idodeli has raised a total funding of $383K over 2 rounds. Its first funding round was on May 10, 2019. Its latest funding round was a Seed round on Aug 16, 2019 for $*****. 20 investors participated in its latest round. Idodeli has 5 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of Idodeli:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 16, 2019
4979844
Seed
3602775
2797648
2107204
8874696
May 10, 2019
2860343
Seed
4576210
1818683
lockAccess funding benchmarks and valuations. Sign up today!

Idodeli's founders and board of directors

Founder? Claim Profile
The founders of Idodeli is Vishnu Deepak Selvaraj.
Here are the details of Idodeli's key team members:

Idodeli's Board of Directors

Idodeli's board has 1 active member. Sandeep Govindan is independent board member.
Here is the list of Idodeli's board of directors:
Name
Type
Representing
Status
Duration
fsewlfh
Team
-
Past
8y 3m
Independent board member
-
Current
5y 10m
s{pekin
Independent board member
-
Past
4y 9m
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Idodeli's Competitors and alternates

Top competitors of Idodeli include Grab, Launga and CarryOver. Here is the list of Top 10 competitors of Idodeli, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grab
Grab
2012, Mumbai (India), Acquired
Online hyperlocal delivery service for restaurants
$8.55M
51/100
2nd
Logo for Idodeli
Idodeli
2018, Chennai (India), Seed
Platform offering on-demand delivery driver for food businesses
$383K
25/100
3rd
Logo for Launga
Launga
2022, Hapur (India), Unfunded
Online food delivery services for restaurants
-
-
16/100
4th
Logo for CarryOver
CarryOver
2015, Gurugram (India), Deadpooled
B2B last mile logistics for restaurants
-
-
15/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Idodeli's competitors? Click here to see the top ones

Idodeli's Latest cap tables and shareholding

Founders own 37.89%, Funds own 3.79%, Enterprises own 1.65% and Angels (largest shareholder) own 56.64%. The net worth of Idodeli's founders is INR 16Cr as of Aug 16, 2019.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
37.89%
16Cr
2418114
6625329
3310691
7892234
3708761
3912636
5062976
9268623
8828062
8587927
Fund
3.79%
1.6Cr
801
786
239
673
613
120
755
412
269
655
Enterprise
1.65%
69.8L
1
1
1
7
Angel
56.64%
23.9Cr
4842230
2295236
2348549
7894086
Total
99.97%
42.2Cr
3896846
2001211
3068308
3086288
lockTo unlock detailed Cap Table of Idodeli Sign up today!
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Idodeli's Shareholding

Idodeli's Investments and acquisitions

Idodeli has made no investments or acquisitions yet.

Reports related to Idodeli

Here is the latest report on Idodeli's sector:

FAQs about Idodeli

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford