Deswik
About Deswik
Deswik is a company founded in 2006 was acquired by Sandvik in April 2023. It operates as a SaaS (Software-as-a-Service), and Professional Services. Deswik offers products and services including Deswik Spatial, Deswik Planning, Deswik MDM, Deswik OPS, and Mining Consultancy.
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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 Deswik
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Products & Services of Deswik
Deswik offers a comprehensive portfolio of products and services, including Deswik Spatial, Deswik Planning, Deswik MDM, Deswik OPS, and Mining Consultancy. 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.
Comprehensive CAD solution is provided for mining design.
Dynamic planning tool is offered for mining sequencing.
Data management solution is delivered for mining workflows.
Operational planning tool is designed for shift execution.
Expert mining consultancy is provided for strategic planning.
Funding Insights of Deswik
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Private Equity Round - Deswik | Valuation | Deswik |
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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 Deswik
Deswik has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sandvik and Deswik. 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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Mine planning solutions are provided for the mining industry.
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Founded Year | Domain | Location | |
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Mining and construction equipment tools are manufactured and supplied.
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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 Deswik
| 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 - Deswik
| 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 |
Deswik Comparisons
Competitors of Deswik
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Deswik
When was Deswik founded?
Deswik was founded in 2006 and raised its 1st funding round 13 years after it was founded.
What does Deswik do?
Integrated software solutions and specialized consulting services are offered by Deswik for the mining and bulk rail transport sectors. Operations across open-pit and underground mining for metals and coal are supported, along with rail transport optimization. Comprehensive tools for mine design, planning, data management, and operational execution are developed. Strategic insights and real-time solutions are delivered to enhance productivity and efficiency. Global presence ensures regional needs are addressed through innovative technology and expert guidance.
What products or services does Deswik offer?
Deswik offers Deswik Spatial, Deswik Planning, Deswik MDM, Deswik OPS, and Mining Consultancy.