Biography of Sifat Momin: Founder and CEO of Dealon & DOOZO- Entrepreneur
Biography of Sifat Momin:
Education and Early Foundations
Sifat Momin’s educational journey began at Metropolitan
School of Business & Management (UK), where he gained knowledge in business
management. This was followed by his studies at North South University, where
he honed his skills in various business aspects. These experiences laid the
groundwork for his entrepreneurial aspirations and prepared him to take on the
challenges of the business world. His academic background provided a strong
foundation for his innovative thinking and leadership skills, which later
played a crucial role in his ventures.
The Birth of Dealon
In 2019, Sifat co-founded Dealon, a platform designed to
address everyday needs using technology. With a clear vision to solve
real-world problems, Dealon started with a super app model that would
eventually include multiple apps under one platform. Dealon quickly gained
attention with its dual offerings: DO DEALS, a platform for various deals, and
DO EMERGENCY, which focused on on-demand emergency services. This approach
sought to reduce users' pain points by offering diverse solutions in a single
app, a concept that would later be expanded in phases.
Pioneering the Super App Concept
As a co-founder of Dealon, Sifat led the charge to develop a
super app that would encompass multiple services. By integrating platforms such
as DO DEALS for deals and DO EMERGENCY for urgent services, Sifat aimed to
offer convenience and accessibility to users in Dhaka and beyond. The
platform’s model not only catered to transportation and delivery needs but also
ventured into e-commerce and healthcare, aiming to become a one-stop solution
for all essential services. His vision for Dealon was to create an ecosystem
where users could access a wide variety of services seamlessly.
Entering the Delivery Market with DOOZO
In 2022, Sifat co-founded DOOZO, a dynamic delivery app that
caters to on-demand essentials, food delivery, and ride-sharing. This versatile
app allows users to order groceries, food, and other essentials with just a few
taps on their phones. Building on his previous success with Dealon, Sifat
expanded his portfolio into the delivery and logistics market with DOOZO, which
focused on hyperlocal delivery. The app was designed to cater to the growing
demand for quick, reliable, and efficient services in Dhaka, offering a wide
range of options from everyday essentials to food delivery.
Biography of Sifat Momin: Founder and CEO of Dealon & DOOZO- Entrepreneur/ age/net worth/startup/offering deals and emergency services/delivery app
Innovative Business Model and Strategic Leadership
Sifat’s leadership at DOOZO and Dealon is marked by his
focus on business model innovation. With over seven years of experience in
scaling business solutions, he has been responsible for driving the strategy
and execution of both companies. As a visionary leader, he brought together a
team capable of executing on-demand services efficiently. By leveraging his
experience in business planning and executive management, Sifat was able to
create platforms that not only addressed market gaps but also delivered exceptional
customer service and user experiences.
Empowering Teams for Success
A key factor in Sifat’s success has been his ability to
empower his teams at DOOZO and Dealon. His leadership style involves inspiring
his teams to deliver outstanding service and maintain operational efficiency.
By fostering a collaborative and motivated work environment, Sifat has been
able to increase user retention and revenue for both platforms. His leadership
also extends to ensuring that his team’s efforts align with the company’s
strategic goals, leading to greater market share and customer satisfaction.
Building Strong Partnerships
Sifat understands the importance of partnerships in building
successful ventures. Throughout his journey with DOOZO and Dealon, he has
worked closely with investors, suppliers, and regulators to ensure that the
platforms operate smoothly and comply with relevant regulations. These
partnerships have been vital in ensuring the platforms’ growth and
sustainability. By aligning with various stakeholders, Sifat has been able to
create a robust ecosystem that supports both the platforms’ expansion and the
needs of the users.
Expansion of the DOOZO Platform
Under Sifat’s leadership, DOOZO has expanded its offerings,
providing not just delivery services but also ride-sharing and essential
services. The app’s versatility is a key feature, enabling users to access a
wide range of services within a single platform. Whether it’s ordering food,
groceries, or hailing a ride, DOOZO aims to meet all the immediate needs of its
users. The platform’s success is rooted in its ability to adapt quickly to the
needs of its user base, providing a user-friendly interface and reliable
services.
Recognition on the Global Stage
Sifat’s work with DOOZO and Dealon has gained significant
recognition on the global stage. In 2024, DOOZO was named among the Top 10
International Startups at the prestigious World Startup Championship (WSC).
This recognition underscores Sifat’s entrepreneurial acumen and the success of
his platforms. The accolade highlights the innovative approach and impact that
DOOZO has had in transforming the delivery and service industry, solidifying
its position as a key player in the global startup ecosystem.
Future Vision and Impact
Looking ahead, Sifat remains focused on expanding the reach
and functionality of DOOZO and Dealon. His long-term vision is to create an
integrated ecosystem that combines various services to improve the daily lives
of people. By developing new features and expanding the platforms, Sifat aims
to continue reducing the pain points of users while offering more convenience,
reliability, and efficiency. Through his work, he hopes to contribute to the
ongoing digital transformation in Bangladesh, providing innovative solutions to
meet the needs of the modern consumer.
Timeline for story
2019: Sifat co-founded Dealon, a platform offering deals and
emergency services.
2022: Co-founded DOOZO, a delivery app for essentials, food,
and ride-sharing.
2024: DOOZO was named among the Top 10 International
Startups at the World Startup Championship.
Future: Sifat aims to expand DOOZO and Dealon into an
integrated ecosystem for everyday needs.
