Done Deal raises $800,000 in pre-seed round led by Gruhas

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The tough road a founder navigates on their journey can sometimes pose more obstacles when they navigate the path of acquisitions. One needs a way to streamline the process of buying and selling companies while ensuring a seamless transition. To eliminate the cumbersome process of startup acquisition, Data-driven platform Done Deal recently announced that it has raised $800,000 in its pre-seed funding round led by Gruhas; a fund launched by serial entrepreneurs Abhijeet Pai (Puzzolana) and Nikhil Kamath (Zerodha).

Done Deal Founders on The Barbershop with Shantanu - Raisers Edge
Done Deal Founders on The Barbershop with Shantanu – Raisers Edge

The funding round also saw participation from prominent early-stage venture capital firms; such as The BarberShop with Shantanu – Raisers Edge, We Founders Circle, Capital-A, Dezerv Innovation Fund, ICE.VC, and prominent angel investors.

“We are grateful to have such strategic investors believe in our vision and back us to help more startups achieve success,” relayed co-founder of Done Deal, Rohit Raj

According to the company, the fresh capital will be delegated towards improving product development and scaling up the platform’s reach. The company has been enabling connections between fast-growing startups and strategic high-growth companies to help unlock potential opportunities. It now aims to do this at scale by democratizing access to founders and investors in India and abroad.

“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,” shared Abhijeet Pai, Co-Founder, Gruhas.

About Done Deal

Founded in 2022, Done Deal, a Mumbai-based firm, aims to help founders navigate the path to success through acquisitions. Co-founded by Rohit Raj, Ankur Jain, and Aneesh Sivakumar, the platform is a transparent route to democratise startup acquisitions.

Done Deal helps startups in their journey from idea to exit. In its initial phase, the platform focuses on streamlining the acquisition process, offering an easy-to-navigate and reliable platform for the anonymous discovery of vetted startups by potential acquirers.

Since its foundation, the platform has steadily gained significant traction. It has over 500 startups, which are listed across various sectors like consumer goods, fintech, SaaS, and AI. Moreover, it has facilitated two acquisitions; one of which involved apparel brand Styched acquiring Flatheads in an all-equity transaction in July.

Furthermore, Gruhas, with a focus on early, venture, and debt investment in the PropTech, CleanTech, Media & Entertainment, and consumer-focused space; it recently led a $11 million pre-Series B funding round alongside Rainmatter Capital (Zerodha’s investment arm) for Age Care Labs, an elder care platform.

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