About udaanCapital
udaanCapital is a Technology company based in Bengaluru (India) founded in 2017 by Amod Malviya, Vaibhav Gupta, and Sujeet Kumar. App-based accounting, credit collection, and invoicing solutions for small medium businesses. The company has 47 employees. Its chief executive, as recorded, is Vaibhav Gupta. Its Indian entity Indusage Techapp Private Limited reported revenue of ₹90.33 Cr. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Quote to Cash. Its competitors include CredFlow and Swipez; 2 of its 2 listed competitors have raised funding.
Company details
UdaanCapital was founded in 2017 in Bengaluru, India, within the fintech sector. App-based tools for accounting, credit collection, and invoicing are offered to small and medium businesses. Services include collection management, sales and purchase invoice financing, and balance sheet financing. Operations focus on digital platforms available for iOS and Android devices.
- Headquarters Bengaluru, India
- Employees 47
- Founders Amod Malviya, Vaibhav Gupta, Sujeet Kumar
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website udaancapital.com
- Social X Facebook
- Legal Name Indusage Techapp Private Limited
- Date of Incorporation 07 Feb, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹90.33 Cr
FY 2023 · -10% YoY
- Net Loss-₹45.75 Cr
FY 2023 · -51% margin
- EBITDA-₹45.98 Cr
FY 2023 · -51% margin
- Employee Count47
Associated legal entities of udaanCapital
udaanCapital operates through Indusage Techapp Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indusage Techapp Private Limited CIN U74110KA2020PTC132436 | Active | 07 Feb 2020 | Bangalore, Karnataka | ₹90.3 Cr | 47 | 3 | View details |
Board of directors of Indusage Techapp Private Limited (udaanCapital)
Indusage Techapp Private Limited is the primary company behind udaanCapital. The board of Indusage Techapp Private Limited currently have 2 directors; the longest-serving is Shilpa Sreenivasa Reddy, appointed in 2024. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shilpa Sreenivasa Reddy DIN 10602013 | Director | 24 Apr 2024 | 2 yrs 6 mo | Indusage Techapp Private Limited |
| Shivendra Vikram Srinet DIN 10624282 | Director | 15 May 2024 | 2 yrs 5 mo | Indusage Techapp Private Limited |
People of udaanCapital
3 people are tracked at udaanCapital (3 in leadership); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Amod Malviya | Co-Founder | Leadership |
Vaibhav Gupta | Co-Founder & CEO | Leadership |
Sujeet Kumar | Co-Founder | Leadership |
Complete people profiles for udaanCapital
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Financials of udaanCapital
Figures of Indusage Techapp Private Limited, the primary company behind udaanCapital, for FY 2023. Revenue was ₹90.33 Cr (-10% year on year). Net loss was -₹45.75 Cr (-51% margin). EBITDA was -₹45.98 Cr (-51% margin).
- ₹90.33 CrRevenue · FY 2023 · -10% YoY
- -₹45.75 CrNet loss · -51% margin
- -₹45.98 CrEBITDA · -51% margin
- ₹11.90 CrPaid-up capital
- 47Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Indusage Techapp Private Limited are on its company page.
Detailed financial statements for udaanCapital
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Competitors of udaanCapital
udaanCapital has 2 listed competitors in our database, 2 of them funded. They include CredFlow and Swipez.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| credflow.in | 2019 | Noida, India | $12.91M | 117 | Cashflow management platform is offered to small and medium enterprises. | |
| swipez.in | 2014 | Pune, India | $220,976 | 154 | Cloud-based billing and payments solutions are offered to businesses. |
Detailed competitors of udaanCapital
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Web traffic of udaanCapital
The website of udaanCapital (udaancapital.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▼ 7.9% vs previous month
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Related news about Udaancapital
Complete news archive for udaanCapital
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Frequently Asked Questions about udaanCapital
udaanCapital was founded in 2017.
udaanCapital is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vaibhav Gupta is the CEO of udaanCapital, as recorded in our data. They have also founded this company.
udaanCapital has 47 employees.
The primary company behind udaanCapital, Indusage Techapp Private Limited, reported revenue of ₹90.33 Cr for FY 2023, down 10% year on year.
UdaanCapital was founded in 2017 in Bengaluru, India, within the fintech sector. App-based tools for accounting, credit collection, and invoicing are offered to small and medium businesses. Services include collection management, sales and purchase invoice financing, and balance sheet financing. Operations focus on digital platforms available for iOS and Android devices.
udaanCapital operates through Indusage Techapp Private Limited.
The legal entities of udaanCapital currently have 3 directors, including Ankita Galhotra, Shivendra Vikram Srinet, Shilpa Sreenivasa Reddy.