Kovid

Chennai, India Founded: 2000 • Age: 26 yrs
Software for Nondestructive Testing
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • 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
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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $150,000
  • First Round

    (01 Jul 2012)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2012 Amount Seed - Kovid Valuation Majuven
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 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.

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

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 - Kovid

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

Kovid Comparisons

Employees
+
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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. 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
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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.
domain founded_year HQ Location
Automatic batch production software is provided for formulation-based industries.
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 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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