About Udiyate
Udiyate is a company based in Bhubaneswar (India) founded in 2014.. Udiyate has raised $31.49 thousand across 2 funding rounds from investors including KIIT Technology Business Incubator and SINE. Udiyate operates in a competitive market with competitors including Mill, Bigbelly Solar, Candam, Clean Robotics and Junker, among others.
- Headquarter Bhubaneswar, India
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Sectors
Environment
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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 Udiyate Technologies Private Limited
- Date of Incorporation 10 Dec, 2014
- Jurisdiction Bhubaneswar, Orissa, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2021
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Net Profit
$0 (USD)0as on Mar 31, 2021
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EBITDA
$285.01 (USD)0.11as on Mar 31, 2021
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Total Equity Funding
$31.49 K (USD)
in 2 rounds
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Latest Funding Round
$16.84 K (USD), Seed
Dec 24, 2019
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Investors
KIIT Technology Business Incubator
& 1 more
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Employee Count
Employee Count
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Funding Insights of Udiyate
Udiyate has successfully raised a total of $31.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $16.84 thousand completed in December 2019. 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 2
- Last Round Seed — $16,841
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First Round
First Round
(23 Jan 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Udiyate | Valuation | KIIT Technology Business Incubator |
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| Jan, 2017 | Amount | Seed - Udiyate | Valuation | SINE |
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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 Udiyate
Udiyate has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KIIT Technology Business Incubator and SINE. 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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Startups incubator by KIIT University
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Founded Year | Domain | Location | |
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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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 Udiyate
| 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 - Udiyate
| 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 |
Udiyate Comparisons
Competitors of Udiyate
Udiyate 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 Mill, Bigbelly Solar, Candam, Clean Robotics and Junker, 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 |
Smart bins are provided to process waste into fertilizer.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
IoT-based smart waste bins are provided for rewarded collection.
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| domain | founded_year | HQ Location |
Smart trash bin robots are manufactured for recyclable waste sorting.
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| domain | founded_year | HQ Location |
Household waste is differentiated by an online barcode-scanning platform.
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| domain | founded_year | HQ Location |
Provider of waste management solution for food and beverage industry
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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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Frequently Asked Questions about Udiyate
When was Udiyate founded?
Udiyate was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Udiyate located?
Udiyate is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Is Udiyate a funded company?
Udiyate is a funded company, having raised a total of $31.49K across 2 funding rounds to date. The company's 1st funding round was a Seed of $14.65K, raised on Jan 23, 2017.
What does Udiyate do?
Udiyate was founded in 2014 in Bhubaneswar, India, focusing on IoT solutions in waste management and environmental monitoring sectors. Smart bins equipped with IoT for recyclable waste collection are produced, alongside tea vending machines using similar technology. Crime analytics tools and pollution monitoring devices are also developed to support urban operations and data-driven insights in the region.
Who are the top competitors of Udiyate?
Udiyate's top competitors include Mill, Candam and Bigbelly Solar.
Who are Udiyate's investors?
Udiyate has 2 investors. Key investors include KIIT Technology Business Incubator, and SINE.
What is Udiyate's valuation?
The valuation of Udiyate is $842.99K as of Dec 2019.