About Bidaal
Bidaal is a company based in Faridabad (India) founded in 2020 by Nitish Mishra, Rishi Kant Rajpoot, and Kalash Nibjiya. Bidaal has raised $1.07 million across 2 funding rounds from investors including Arali Ventures, TEXMiN and Campus Fund. Bidaal offers products and services including W.I.S.E, S.M.I.L.E, and Bidaal-Lens. Bidaal operates in a competitive market with competitors including Trimble, Micromine, TI Mining, Maptek and Carlson Software, among others.
- Headquarter Faridabad, India
- Founders Nitish Mishra, Rishi Kant Rajpoot, Kalash Nibjiya
- Stage Minicorn
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Sectors
Natural Resources
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Email
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Phone
*********
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Website
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Social
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- Legal Name Bidaal Technology Private Limited
- Date of Incorporation 22 Jan, 2020
- Jurisdiction Sector -45, Haryana, India
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Annual Revenue
$33.53 K (USD)1540.53as on Mar 31, 2023
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Net Profit
-$23.76 K (USD)-94.48as on Mar 31, 2023
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EBITDA
-$23.27 K (USD)-91.42as on Mar 31, 2023
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Total Equity Funding
$1.07 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Oct 25, 2024
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Investors
Arali Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Bidaal
Bidaal offers a comprehensive portfolio of products and services, including W.I.S.E, S.M.I.L.E, and Bidaal-Lens.
Automated system for mapping and analyzing workplace lighting data
Manages traffic safety and records near-miss incidents
Monitors driver behavior and workplace access for safety
People of Bidaal
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Funding Insights of Bidaal
Bidaal has successfully raised a total of $1.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.0M
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First Round
First Round
(19 Feb 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Bidaal | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - Bidaal | Valuation | TEXMiN |
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Investors in Bidaal
Bidaal has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Arali Ventures, TEXMiN and Campus Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in B2B tech startups at pre-seed and seed stages across various sectors.
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Founded Year | Domain | Location | |
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Student-led startups are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Provider of mineral exploration services
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Founded Year | Domain | Location |
Investments & Acquisitions by Bidaal
Financial Statements - Bidaal
Bidaal Comparisons
Competitors of Bidaal
Bidaal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trimble, Micromine, TI Mining, Maptek and Carlson Software, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Software solutions for mining exploration and operations are provided.
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| domain | founded_year | HQ Location |
IoT and digital twin solutions are offered for mining operations.
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| domain | founded_year | HQ Location |
Software solutions for mining industry applications are provided by Maptek.
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| domain | founded_year | HQ Location |
Provides specialized software suites for efficient mining operations.
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Latest news on Bidaal
Frequently Asked Questions about Bidaal
Bidaal was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Bidaal is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Bidaal is a funded company, having raised a total of $1.07M across 2 funding rounds to date. The company's 1st funding round was a Seed of $66.88K, raised on Feb 19, 2022.
Annual revenue of Bidaal is $33.53K as on Mar 31, 2023.
Founded in 2020 in Faridabad, India, cloud-based suite solutions are delivered for heavy industries. AIOT technologies enable digital surveillance and monitoring to address operational safety. Products encompass semi-autonomous surveying equipment, smart traffic management for machinery and workers, radar-based proximity warnings, and post-mining geo-tagging services. Hazards and accidents in industrial settings are mitigated through these modules.
Bidaal offers W.I.S.E, S.M.I.L.E, and Bidaal-Lens.
Bidaal has 3 investors. Key investors include Arali Ventures, TEXMiN, and Campus Fund.
The valuation of Bidaal is $1.19M as of Feb 2022.