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.
- Website
- idodeli.com
- 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
2nd among 3 active competitors
Legal entities associated with Idodeli
Idodeli is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DIANOMI TECHNOLOGIES PRIVATE LIMITED CIN: U74999TN2019PTC128572 , India, Active | Apr 04, 2019 | - | - |
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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 |
View details of Idodeli's funding rounds and investors
Idodeli's founders and board of directors
Founder? Claim ProfileThe founders of Idodeli is Vishnu Deepak Selvaraj.
Here are the details of Idodeli's key team members:
- Vishnu Deepak Selvaraj: Founder & CEO of Idodeli and founder of 1 other company. They serve on the board of 1 company.
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 |
View details of Idodeli's Founder profiles and Board Members
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online hyperlocal delivery service for restaurants | $8.55M | 51/100 | ||
2nd | Platform offering on-demand delivery driver for food businesses | $383K | 25/100 | ||
3rd | Online food delivery services for restaurants | - | - | 16/100 | |
4th | B2B last mile logistics for restaurants | - | - | 15/100 |
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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:
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