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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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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Student-led startups are invested in by this venture capital firm.
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Provider of mineral exploration services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bidaal
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bidaal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bidaal
When was Bidaal founded?
Bidaal was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Bidaal located?
Bidaal is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Is Bidaal a funded company?
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.
What is the annual revenue of Bidaal?
Annual revenue of Bidaal is $33.53K as on Mar 31, 2023.
What does Bidaal do?
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.
Who are the top competitors of Bidaal?
What products or services does Bidaal offer?
Bidaal offers W.I.S.E, S.M.I.L.E, and Bidaal-Lens.
Who are Bidaal's investors?
Bidaal has 3 investors. Key investors include Arali Ventures, TEXMiN, and Campus Fund.
What is Bidaal's valuation?
The valuation of Bidaal is $1.19M as of Feb 2022.
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