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
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website bidaal.com
- Social LinkedIn
- Legal Name Bidaal Technology Private Limited
- Date of Incorporation 22 Jan, 2020
- Jurisdiction Haryana, India
- Annual Revenue₹64.4 Lakh
FY 2024 · +131% YoY
- Net Loss-₹25.8 Lakh
FY 2024 · -40% margin
- EBITDA-₹25.6 Lakh
FY 2024 · -40% margin
- Total Equity Funding$1.07M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Oct 2024
- InvestorsArali Ventures
& 2 more
Associated legal entities of Bidaal
Bidaal operates through Bidaal Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bidaal Technology Private Limited CIN U72900HR2020PTC084922 | Active | 22 Jan 2020 | – | ₹0.6 Cr | 18 | 3 | View details |
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
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 $1.07M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $66,876
(Feb 2022)
- Investors Count 3
All 2 funding rounds of Bidaal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $1M | Seed | – | – | |
| Feb 2022 | $66,876 | Seed | $1.19M | TEXMiN | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $1.19M | •••••••• |
Last known valuation $1.19M (Feb 2022). 3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
Investment in B2B tech startups at pre-seed and seed stages across various sectors. | 2018 | araliventures.in | Bengaluru, India | |
Student-led startups are invested in by this venture capital firm. | – | yourcampusfund.com | Bengaluru, India | |
Provider of mineral exploration services | 2020 | texmin.in | Dhanbad, India |
Investor details for Bidaal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bidaal Technology Private Limited (Bidaal)
Bidaal Technology Private Limited is the primary company behind Bidaal. The board of Bidaal Technology Private Limited currently have 3 directors; the longest-serving is Rishi Kant Rajpoot, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishi Kant Rajpoot DIN 08676402 | Director | 22 Jan 2020 | 6 yrs 8 mo | Bidaal Technology Private Limited |
| Kalash Nibjiya DIN 09321223 | Director | 16 Sep 2021 | 5 yrs | Bidaal Technology Private Limited |
| Raghunandan Rajiv DIN 06967877 | Nominee Director | 23 Oct 2024 | 1 yr 11 mo | Bidaal Technology Private Limited |
People of Bidaal
3 people are tracked at Bidaal (3 in leadership).
| Name | Role | Group |
|---|---|---|
Nitish Mishra | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Bidaal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Bidaal
Figures of Bidaal Technology Private Limited, the primary company behind Bidaal, for FY 2024. Revenue was ₹64.4 Lakh (+131% year on year). Net loss was -₹25.8 Lakh (-40% margin). EBITDA was -₹25.6 Lakh (-40% margin). Revenue has grown at a compounded annual rate of +3082% over three years.
- ₹64.4 LakhRevenue · FY 2024 · +131% YoY
- -₹25.8 LakhNet loss · -40% margin
- -₹25.6 LakhEBITDA · -40% margin
- ₹12,380Paid-up capital
- 18Employees (provident fund records)
- +3082%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Bidaal Technology Private Limited are on its company page.
Detailed financial statements for Bidaal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bidaal
4 dated milestones of Bidaal across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Bidaal is founded.
- Funding First funding round of $67K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trimble.com | 1978 | Sunnyvale, United States | – | 12,700 | Cloud-based positioning solutions are offered for industrial sectors. | |
| micromine.com | 2012 | Nedlands, Australia | – | – | Software solutions for mining exploration and operations are provided. | |
| timining.com | 2017 | Chile | $13.8M | – | IoT and digital twin solutions are offered for mining operations. | |
| maptek.com | 1981 | Adelaide, Australia | – | – | Software solutions for mining industry applications are provided by Maptek. | |
| carlsonsw.com | 1983 | Maysville, United States | – | 114 | Provides specialized software suites for efficient mining operations. | |
| polymathian.com | 2013 | Brisbane, Australia | – | – | AI-based digital twin simulation solutions are provided for various industries. | |
| idsgeoradar.com | 1980 | Ospedaletto, Italy | – | – | Software and hardware solutions are provided for the mining industry. | |
| veracio.com | 2023 | West Valley, United States | – | – | Offers a cloud-based AI suite for mining operations management. |
Detailed competitors of Bidaal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bidaal
The website of Bidaal (bidaal.com) receives about 44.6K visits a month.
- Monthly visits44.6K
▼ 27.6% vs previous month
Latest news on Bidaal
Complete news archive for Bidaal
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bidaal
10 companies that operate in the same segment as Bidaal (Mining Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tech minerals are explored using statistical modeling and big data. | 2018 | Berkeley, California, United States | USD 1.1 B | – | – | |
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution | 2008 | Barcelona, Catalonia, Spain | USD 9.42 M | – | – | |
Cloud-based QEHS and operational risk software is provided. | 1999 | Chicago, Illinois, United States | USD 26.5 M | USD 6.02 M | 268 | |
SaaS-driven BIM and 3D modeling solutions are offered for construction. | 1981 | Velizy-villacoublay, Ile-de-france, France | – | USD 7.33 B | 25,000 | |
Sustainable lithium extraction is enabled by a proprietary process. | 2018 | Calgary, Alberta, Canada | USD 95.67 M | – | – | |
Mining waste is processed to recover minerals and metals. | 2019 | Woburn, Massachusetts, United States | USD 118.47 M | – | – | |
AI-powered solutions for metals and minerals exploration are delivered online. | 2016 | San Mateo, California, United States | USD 43.37 M | – | – | |
AI-based subsurface mapping services are provided by Exodigo. | 2020 | Israel | USD 271 M | – | – | |
Modular scalable lithium refining technology is developed for battery-grade production. | 2013 | Vancouver, British Columbia, Canada | USD 46.5 M | – | 13 | |
Technology for recovering metals from mining waste is provided. | 2016 | Middlesbrough, England, United Kingdom | USD 26.79 M | – | 16 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 2022.
The primary company behind Bidaal, Bidaal Technology Private Limited, reported revenue of ₹64.4 Lakh for FY 2024, up 131% year on year.
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.
Bidaal operates through Bidaal Technology Private Limited.
The legal entities of Bidaal currently have 3 directors, including Kalash Nibjiya, Rishi Kant Rajpoot, Raghunandan Rajiv.