What is Doosra?
Established in 2019 and headquartered in India, Doosra operates as a privacy application designed to safeguard users' personal phone numbers. The service provides a virtual phone number that users can share with retail outlets for transactions and returns, effectively blocking all subsequent spam and marketing calls. This innovative approach addresses a growing concern among consumers regarding unsolicited communications and data privacy in commercial interactions.
How much funding has Doosra raised?
Doosra has raised a total of $74.9M across 1 funding round:
Angel/Seed
$74.9M
Angel/Seed (2021): $74.9M with participation from Nitin Agarwal, Srinivas Raju Kalidindi, Omidyar Network India, 2AM VC, Titan Capital Solutions, and Bhuvan Gupta
Key Investors in Doosra
Omidyar Network India
Omidyar Network India is a prominent investment firm focused on empowering Indian citizens through bold entrepreneurs. They invest in early-stage enterprises and provide grants across various sectors, including Digital Identity and Emerging Tech, aligning with Doosra's privacy-centric technology.
2AM VC
2AM VC is an early-stage venture fund that specializes in investing in young entrepreneurs in India, particularly Gen Z founders. Their sector-agnostic approach and rapid funding deployment make them a strategic partner for growth-stage companies like Doosra.
Titan Capital Solutions
Titan Capital Solutions is an investment firm that provides capital to companies seeking to scale their operations. Their involvement suggests a focus on financial structuring and strategic growth for Doosra.
What's next for Doosra?
With the recent major strategic investment, Doosra is poised for significant scaling and enhancement of its privacy solutions. The company's focus on providing a secure and anonymous communication channel for everyday transactions positions it advantageously in a market increasingly aware of digital footprints. Future developments are likely to involve expanding service offerings, strengthening user privacy features, and potentially exploring new market segments that require robust call and message filtering capabilities. The substantial backing indicates confidence in Doosra's business model and its capacity to capture a larger share of the privacy app market.
See full Doosra company page
