The $800,000 raised in this pre-seed round positions Done Deal to further its mission of providing startups with the tools, resources, and support they need to thrive in a dynamic business landscape.
India, October 17, 2023: Done Deal, a data-driven platform aimed at modernising M&A using technology, is pleased to announce the successful completion of its pre-seed funding round, raising a total of $800,000. The round was led by Gruhas, Nikhil Kamath, and Abhijeet Pai’s VC and also saw the participation of several strategic early-stage venture capital firms, such as The BarberShop with Shantanu, Raisers Edge, WFC, Capital-A, Dezerv Innovation Fund, and ICE.VC, alongside prominent angel investors.
Done Deal was started by Rohit (2x founders of Glitch and Chtrbox), Aneesh (ex-Kotak, KKR), and Ankur (ex-DotPe and Cars24) earlier this year, with the mission to help startups improve their chances of success by building an operating system of products and services that aid them in their journey from idea to exit. In their first phase, they are tackling the legacy acquisition process by building a simple, transparent, and trustworthy platform to enable the anonymous discovery of vetted startups by potential acquirers across the globe. Since their soft launch earlier this year, Done Deal has gained significant traction, with over 500 startups listed across consumer goods, fintech, SaaS/AI, over 100 marquee corporate buyers, and successfully facilitated two acquisitions, including that of Flatheads.
This funding will be used to accelerate product development and scale the platform to unlock value for more founders. The company has been enabling connections between fast-growing startups and strategic high-growth companies to help unlock growth and now aims to do this at scale by democratising access to founders and investors in India and abroad.
Speaking about the funding, “Done Deal has presented itself in a climate where Indian startups have seen monumental volatility. We are thrilled to back a platform that is not just facilitating the buying and selling of startup entities but is also fundamentally reshaping the investment landscape and is poised to fill a crucial gap in the startup ecosystem. For Gruhas, Done Deal represents a transformative force in the world of startups.” Abhijeet Pai, Co-Founder, Gruhas
Rohit Raj, co-founder of Done Deal, said in a statement, “We are grateful to have such strategic investors believe in our vision and back us to help more startups achieve success.”
The $800,000 raised in this pre-seed round positions Done Deal to further its mission of providing startups with the tools, resources, and support they need to thrive in a dynamic business landscape.
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