Deswik

Founded: 2006 • Age: 20 yrs Acquired By Sandvik
Software and consulting solutions are provided for mining industries by 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.

  • Sectors
    Natural Resources
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Deswik
Operational Areas
Natural Resources → Mining & Quarrying
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Sandvik

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Sandvik

    (Apr 03, 2023)

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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.

Primary

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 Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Private Equity Round - Deswik Valuation Deswik
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
Mine planning solutions are provided for the mining industry.
Founded Year Domain Location
Mining and construction equipment tools are manufactured and supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Deswik

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Deswik

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Deswik Comparisons

Employees
+
Add Comparison
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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.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Deswik

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.

Who are Deswik's investors?

Deswik has 2 investors. Key investors include Sandvik, and Deswik.

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