Kovid

Chennai, India Founded: 2000 • Age: 26 yrs
Software for Nondestructive Testing
Annual revenue $95,866 Latest available
Total funding $150,000 1 rounds
Employees 21 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lucid Software Limited
  • Date of Incorporation 28 Feb, 2000
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $95.87 K (USD)
    -63.53
    as on Mar 31, 2023
  • Net Profit
    -$86.64 K (USD)
    28.43
    as on Mar 31, 2023
  • EBITDA
    $16.97 K (USD)
    -64.4
    as on Mar 31, 2023
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Jul 01, 2012

  • Investors
  • 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.

Investors in Kovid

Kovid has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Majuven.

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Venture Fund
Investor Description Founded Year Domain Location
Early and growth stage VC firm investing in Singapore, China and India
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Investor details for Kovid

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Investments & Acquisitions by Kovid

Investments
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Investment portfolio details for Kovid

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Financial Statements - Kovid

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Detailed financials for Kovid

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Kovid Comparisons

Kovid Primary company
Description
Software for Nondestructive Testing
Location
Chennai, India
Founded Year
2000
Annual Revenue
$95.87 K (USD)
Net Profit
-$86.64 K (USD)
EBITDA
$16.97 K (USD)
Employees
21
As of 2024
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Peer comparison for Kovid

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Terahertz technology products are manufactured for molecular structure characterization.
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AI-powered acoustic testing is provided for metal defect detection.
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Provider of the solution for the non-destructive testing
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Image and video analytics solutions are developed and supplied worldwide.
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Automatic batch production software is provided for formulation-based industries.
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Detailed competitors of Kovid

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Latest news on Kovid

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Complete news archive for Kovid

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Frequently Asked Questions about Kovid

Kovid was founded in 2000 and raised its 1st funding round 12 years after it was founded.

Kovid is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Kovid is a funded company, having raised a total of $150K across 1 funding round to date.

As of Apr 05, 2024, the latest employee count at Kovid is 21.

Annual revenue of Kovid is $95.87K as on Mar 31, 2023.

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.

Kovid's top competitors include TeraView, Sensor Networks and Theta Technologies.

Kovid has 1 investor. Key investors include Majuven.

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