Company Intelligence Profile
Indwell Retail Private Limited
DusMinute (Indwell Retail Private Limited) runs small retail stores and a services app inside gated communities in India. Star Localmart acquired it in September 2025.
Last updated 28 October 2026
DusMinute, the brand of Indwell Retail Private Limited, runs small retail stores and a services app inside gated communities in India. The company was incorporated on 13 September 2017 and is registered in Bengaluru, Karnataka. It reported revenue of ₹37.99 Cr in FY2024-25. It raised funding from Indian Angel Network and Inflection Point Ventures. Star Localmart acquired it in September 2025.
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Company Identity
| Registered name | Indwell Retail Private Limited |
|---|---|
| CIN | U73100KA2017PTC106350 |
| PAN | AAECI6274M |
| Status |
|
| Listing | |
| Incorporated | 13 September 2017 |
| ROC | RoC-Bangalore |
| Sector (NIC) | Retail |
| Registered address | #85, 2nd Floor, 59th Cross, 4th Block, Rajajinagar, Bangalore North, Bangalore, Karnataka, India 560010 |
| Authorized capital | ₹44,12,210 (₹44.12 lakh) |
| Paid-up capital | ₹41,86,880 (₹41.87 lakh) |
Business Overview
- DusMinute runs small retail stores inside gated communities and apartment complexes across India.
- It sells groceries and household essentials, with a mobile app for deliveries and home and society services.
- The company was founded in 2017 by Apoorva Mishra and is based in Bengaluru, Karnataka.
- Star Localmart, the retail arm of Sanjay Ghodawat Group, acquired it on 1 September 2025.
Directors
- Shrenik Sanjay Ghodawat — Additional Director, appointed 01 Jan 2026
- Jai Dilip Bhagchandani — Director, appointed 30 Aug 2025
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAECI6274M1ZX | Karnataka | AAECI6274M | Active |
| 27AAECI6274M1Z1 | Maharashtra | AAECI6274M | - |
| 33AAECI6274M1Z8 | Tamil Nadu | AAECI6274M | - |
| 36AAECI6274M1Z2 | Telangana | AAECI6274M | - |
Financials
- Revenue ₹37.99 Cr
Funding
| Convertible note | $1.40M on 19 Jul 2023, with Inflection Point Ventures |
|---|---|
| Seed round | $1.10M on 31 Mar 2021, with Indian Angel Network |
Charges & Borrowings
- Charge of ₹1 Cr registered on 07 Dec 2020 and satisfied on 15 Jun 2024.
- Open charges: ₹0.
Competitors
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