Bidaal

Faridabad, India Founded: 2020 • Age: 6 yrs
Cloud-based AIOT solutions for heavy industry monitoring are provided.
Annual revenue $33,533 Latest available
Total funding $1.1M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Natural Resources
  • 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
Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $33.53 K (USD)
    1540.53
    as on Mar 31, 2023
  • Net Profit
    -$23.76 K (USD)
    -94.48
    as on Mar 31, 2023
  • EBITDA
    -$23.27 K (USD)
    -91.42
    as on Mar 31, 2023
  • Total Equity Funding
    $1.07 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Oct 25, 2024

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
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Primary

Automated system for mapping and analyzing workplace lighting data

Product name locked
Category locked
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Manages traffic safety and records near-miss incidents

Product name locked
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Monitors driver behavior and workplace access for safety

People of Bidaal

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Rishi Kant Rajpoot
CEO

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Teams

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investor details for Bidaal

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Investments & Acquisitions by Bidaal

Investments
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Investment portfolio details for Bidaal

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Financial Statements - Bidaal

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Detailed financials for Bidaal

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Bidaal Comparisons

Bidaal Primary company
Description
Cloud-based AIOT solutions for heavy industry monitoring are...
Location
Faridabad, India
Founded Year
2020
Annual Revenue
$33.53 K (USD)
Net Profit
-$23.76 K (USD)
EBITDA
-$23.27 K (USD)
Employees
Not available
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Peer comparison for Bidaal

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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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Cloud-based positioning solutions are offered for industrial sectors.
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Software solutions for mining exploration and operations are provided.
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IoT and digital twin solutions are offered for mining operations.
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Software solutions for mining industry applications are provided by Maptek.
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Provides specialized software suites for efficient mining operations.
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Detailed competitors of Bidaal

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Latest news on Bidaal

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Complete news archive for Bidaal

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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.

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's top competitors include Trimble, Micromine and TI Mining.

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.

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