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Digidukan secured ₹2 crore in angel funding from Vinay Gupta and Shubham Gupta

Digidukan secured ₹2 crore in angel funding from Vinay Gupta and Shubham Gupta
Digidukan secures ₹2 crore in angel funding from Vinay Gupta and Shubham Gupta

SUMMARY

Digidukan is one of the leading business-to-business fast food delivery service websites designed specifically for retailers in construction materials. Digidukan has raised ₹2 crore in angel funding.

The financial assistance with this significant dimension comes from Vinay Gupta and Shubham Gupta, both of whom were serving as Directors in United Plywood Group. United Plywood Group is one of the established Companies of Rajasthan engaged in the construction materials sector.

Investment and technology stack

The company is leveraging technology to create a quick 60-minute delivery model straight to the construction procurement industry. This innovation provides retailers the ability to order necessary construction materials as and when required, which means they will no longer have to carry working capital in inventory in excess of demand or experience delays due to region-wide fractured supplier chains.

The investment identifies key challenges in the traditional construction supply chain in India that have previously plagued the sector. These underlying issues are reflected in the wider market background. One of the major supply chains in India, which is mostly offline, is the construction retail segment. 

In this configuration, retailers regularly deal with various separate suppliers under uncertain inventory availability and are significantly dependent on inventory-based purchasing models. For many shopkeepers, there is the danger of stock becoming stagnant because they keep up enormous working capital in case they are outshipped by other stores. 

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By creating a responsive demand signal in the overall supply chain, Digidukan is enabling a viable technology-based alternative for the retailer to discover, order, and receive the required construction materials exactly when needed.

Co-founders Lakshya Agarwal, an expert from the construction industry, and Kshitij S. Rungta, with competencies in the technology stack, decided to overhaul trade procurement and launched a new company, Digidukan. 

Lakshya oversees the specialized technology and data area within the leadership framework, wielding the power of purchase patterns and demand insights to ensure every procurement decision is indeed smarter. 

On the execution side, Kshitij pays precious attention to execution intelligence, where physical inventory management and fulfillment processes turn data-based insights into consistent and reliable 60-minute deliveries. The co-founders are driven to develop a foundational technology company to provide building materials in less than an hour. 

Fund utilization and rapid growth metrics

The platform’s recent performance highlights its strong market uptake across its expanding network of retailers and repeat business. Digidukan has witnessed a remarkable 8x increase in monthly gross merchandise value since the beginning of this year. 

To date, the company has had an approximate repeat customer rate of 90% and a successful delivery rate of nearly 5,000 orders. The platform experiences an average transaction value exceeding ₹9,000, indicating not only a consistent increase in transactions but also strong business dependence on the system for continued procurement demands.

The ₹2 crore angel investment has been utilised to fund the development and enhancement of Digidukan’s core technology platform and product capabilities. A substantial part of the investment will go towards increasing the inventory offered on the platform to accommodate growing orders. 

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Digidukan aims to push its geographic expansion to Tier-2 and Tier-3 markets in India and make the procurement of materials for construction sectors faster, more predictable, and reduce the need to carry huge inventory for small and medium-sized retail stores.

Conclusion

Digidukan is closing an important gap between quick commerce logistics and long supply chains of heavy industries, and it is gradually making a difference in the business of construction material retailers. The firm, established by Lakshya Agarwal and Kshitij S. Rungta, who have built a strong operational backing, provides dynamic software intelligence and comprehensive physical assistance.

The successful funding round of ₹2 crore marks a pivotal step in modernizing India’s sprawling offline construction retail sector, introducing efficiency, liquidity, and delivery time of ‘just 60 minutes’ to Tier 2 and Tier 3 areas.

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