Udiyate

Bhubaneswar, India Founded: 2014 • Age: 12 yrs
IoT-enabled smart bins for recyclable waste collection are developed.
Annual revenue - Latest available
Total funding $31,493 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • 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
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    $285.01 (USD)
    0.11
    as on Mar 31, 2021
  • Total Equity Funding
    $31.49 K (USD)

    in 2 rounds

  • Latest Funding Round
    $16.84 K (USD), Seed

    Dec 24, 2019

  • Investors
  • Employee Count
    Not available
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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups incubator by KIIT University
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Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
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Investor details for Udiyate

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Investments & Acquisitions by Udiyate

Investments
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Investment portfolio details for Udiyate

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Financial Statements - Udiyate

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Detailed financials for Udiyate

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Udiyate Comparisons

Udiyate Primary company
Description
IoT-enabled smart bins for recyclable waste collection are d...
Location
Bhubaneswar, India
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
$285.01 (USD)
Employees
Not available
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Peer comparison for Udiyate

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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.

Company Name Domain Founded year HQ Location Description
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Smart bins are provided to process waste into fertilizer.
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Smart solar-powered waste bins are provided for real-time collection management.
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IoT-based smart waste bins are provided for rewarded collection.
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Smart trash bin robots are manufactured for recyclable waste sorting.
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Household waste is differentiated by an online barcode-scanning platform.
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Provider of waste management solution for food and beverage industry
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Detailed competitors of Udiyate

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Latest news on Udiyate

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Complete news archive for Udiyate

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Frequently Asked Questions about Udiyate

Udiyate was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Udiyate is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.

Udiyate is a funded company, having raised a total of $31.49K across 2 funding rounds to date.

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.

Udiyate's top competitors include Mill, Candam and Bigbelly Solar.

Udiyate has 2 investors. Key investors include KIIT Technology Business Incubator, and SINE.

The valuation of Udiyate is $842.99K as of Dec 2019.

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