About Kovid
Kovid is a company based in Chennai (India) founded in 2000.. Kovid has raised $150 thousand across 1 funding round from investors including Majuven. The company has 21 employees as of April 05, 2024. Kovid operates in a competitive market with competitors including TeraView, RESONIKS, Theta Technologies, Volume Graphics and Samiep, among others.
- Headquarter Chennai, India
- Employees 21 as on 05 Apr, 2024
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Sectors
Industrial Goods & Manufacturing
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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 Lucid Software Limited
- Date of Incorporation 28 Feb, 2000
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$95.87 K (USD)-63.53as on Mar 31, 2023
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Net Profit
$-86.64 K (USD)28.43as on Mar 31, 2023
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EBITDA
$16.97 K (USD)-64.4as on Mar 31, 2023
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Jul 01, 2012
- Investors
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Employee Count
21
as on Apr 05, 2024
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Funding Insights of Kovid
Kovid has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in July 2012. 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 1
- Last Round Seed — $150,000
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First Round
First Round
(01 Jul 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Seed - Kovid | Valuation | Majuven |
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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 Kovid
Kovid has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Majuven. 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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Early and growth stage VC firm investing in Singapore, China and India
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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 Kovid
| 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 - Kovid
| 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 |
Kovid Comparisons
Competitors of Kovid
Kovid 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 TeraView, RESONIKS, Theta Technologies, Volume Graphics and Samiep, 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 |
Terahertz technology products are manufactured for molecular structure characterization.
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| domain | founded_year | HQ Location |
AI-powered acoustic testing is provided for metal defect detection.
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| domain | founded_year | HQ Location |
Provider of the solution for the non-destructive testing
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| domain | founded_year | HQ Location |
Image and video analytics solutions are developed and supplied worldwide.
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| domain | founded_year | HQ Location |
Automatic batch production software is provided for formulation-based industries.
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| 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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Latest news on Kovid
Frequently Asked Questions about Kovid
When was Kovid founded?
Kovid was founded in 2000 and raised its 1st funding round 12 years after it was founded.
Where is Kovid located?
Kovid is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Kovid a funded company?
Kovid is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Jul 01, 2012.
How many employees does Kovid have?
As of Apr 05, 2024, the latest employee count at Kovid is 21.
What is the annual revenue of Kovid?
Annual revenue of Kovid is $95.87K as on Mar 31, 2023.
What does Kovid do?
Founded in 2000 and based in Chennai, India, the company operates in the nondestructive testing sector. Software platforms such as Muulam and Kovid are offered, along with custom solutions, for techniques including ultrasound, X-ray, eddy current, ground penetrating radar, and impact echo. Coverage spans the NDE lifecycle, from test procedure preparation and instrument integration to data analysis, reporting, and integration with enterprise tools like EAM, PLM, and FEA.
Who are the top competitors of Kovid?
Kovid's top competitors include TeraView, Sensor Networks and Theta Technologies.
Who are Kovid's investors?
Kovid has 1 investor. Key investors include Majuven.
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