DusMinute raised $1.1 mn in pre-Series A round led by Indian Angel Network

DusMinute, an omnichannel amenities platform for gated communities, has raised $1.1 mn in pre-Series A round of funding led by Indian Angel Network, along with the participation of a few high net-worth individuals (HNIs).

The startup offers amenities like supermarket, pharmacy, home services, café, and more, through the in-society store and an exclusive app for residents of gated communities. With the communities evolving into ecosystems of their own, this presents a $15 bn market opportunity.

On behalf of the IAN, lead angels Sidharth Gupta and Ankit Somani, said, “Gated communities will increasingly be the preferred urban living option and DusMinute’s model addresses many of the pain points of residents. The DusMinute model has been well received; they already have a fair consumer base and steady cash flows.”

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