Pre-seed funding of $800,000 has been secured by the data-driven platform Done Deal. Strategic early-stage venture capital firms that participated in the round, which was led by Gruhas, Nikhil Kamath, and Abhijeet Pai’s VC, included The BarberShop with Shantanu, Raisers Edge, WFC, Capital-A, Dezerv Innovation Fund, ICE.VC, and well-known angel investors.
This funding will be used to scale the system and quicken product development, according to the company, thereby unlocking value for further founders.
Rohit Raj, co-founder of Done deal in a statement said, “We are grateful to have such strategic investors believe in our vision and back us to help more start-ups achieve success.”
Speaking about the funding, Abhijeet Pai, co-founder of Gruhas said, “Done Deal has presented itself in a climate where Indian start-ups have seen monumental volatility. We are thrilled to back a platform that is not just facilitating the buying and selling of start-up entities but is also fundamentally reshaping the investment landscape and is poised to fill a crucial gap in the start-up ecosystem. For Gruhas, Done Deal represents a transformative force in the world of start-ups.”
About Done Deal
For new businesses looking to trade in their businesses, there is a tool called Done Deal. It offers a platform on which startups can find buyers, haggle over the purchase of their companies, and finalize deals.