Funding · Commerce & Consumer Brands
Digidukan raises ₹2 crore in angel funding round
By Startup Enthusiast ·
- Date
- Company
- Digidukan
- What it does
- B2B construction material quick-commerce
- Kind
- Funding
- Amount
- ₹2 Cr
- Stage
- angel
What they do
Digidukan operates a business-to-business quick-commerce platform that delivers construction materials to retailers within 60 minutes
What happened
The startup secured ₹2 crore in angel funding from United Plywood Group directors Vinay Gupta and Shubham Gupta
Why it matters
The company plans to use these funds to enhance its technology and expand operations into Tier-2 and Tier-3 markets
The details
- Construction material platform Digidukan raised ₹2 crore in an angel funding round.
- The investment came from Vinay Gupta and Shubham Gupta, who are directors at United Plywood Group.
- The startup provides B2B (business-to-business) quick-commerce services for construction material retailers.
- It aims to improve supply chain efficiency by offering 60-minute delivery for procurement.
- The company will use the capital to strengthen its technology and product capabilities.
- Funds will also support expansion into more construction-material categories and Tier-2 and Tier-3 markets.
The bigger picture
- The Indian construction retail sector currently relies on offline and highly fragmented supply chains.
- Investors identified a significant gap between demand and availability as a major industry challenge.
- The company aims to transition from simple order fulfillment to a data-led procurement system.
About the business
- The platform serves as an on-demand procurement partner for construction material retailers.
- It helps retailers reduce the need for maintaining excess inventory and coordinating with multiple suppliers.
- The company uses purchase and demand data to provide retailers with insights on stock management.
- It has fulfilled nearly 5,000 orders since its inception.
- The average order value on the platform exceeds ₹9,000.
- The startup maintains a high repeat customer rate of approximately 90%.
What happens next
- Expand operations into Tier-2 and Tier-3 markets.
- Develop a data-led procurement system that anticipates retailer needs.
- Support higher order volumes through improved technology.
The deal
- Type
- angel
Investors
- Vinay Gupta (angel) — Director at United Plywood Group.
- Shubham Gupta (angel) — Director at United Plywood Group.
Founders
- Lakshya Agarwal, Founder
- Kshitij S. Rungta, Founder
About Digidukan
- Product
- On-demand procurement platform for construction materials with 60-minute delivery model
- Customers
- Construction material retailers seeking to reduce inventory and manage multiple supplier networks
- How it makes money
- B2B quick-commerce marketplace connecting retailers with suppliers for just-in-time procurement
- What sets it apart
- 60-minute delivery model reducing retailer reliance on excess inventory and fragmented supplier networks
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