Uforic

Mumbai, India Founded: 2009 • Age: 17 yrs
Provides tools for generating options trading strategies and hedging techniques.
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About Uforic

Uforic is a company based in Mumbai (India) founded in 2009 by Hitesh Ashar. It operates as a SaaS, and B2C. Uforic offers products and services including FnOGuru. Uforic operates in a competitive market with competitors including Kredent InfoEdge, Punch, Stolo, Niota and TrackTrades, among others.

  • Headquarter Mumbai, India
  • Founders Hitesh Ashar
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Uforic Technologies Private Limited
  • Date of Incorporation 29 Jan, 2009
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Investment Management & Advisory
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $15.81 K (USD)
    114.97
    as on Mar 31, 2023
  • Net Profit
    $11.46 K (USD)
    1069.93
    as on Mar 31, 2023
  • EBITDA
    $12.08 K (USD)
    783.49
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Uforic

Uforic offers a comprehensive portfolio of products and services, including FnOGuru. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for generating options strategies and hedging in derivatives trading.

Funding Insights of Uforic

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

Investments & Acquisitions by Uforic

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 - Uforic

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

Uforic Comparisons

Employees
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Competitors of Uforic

Uforic 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 Kredent InfoEdge, Punch, Stolo, Niota and TrackTrades, 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
Operations are diversified across multiple industries by the conglomerate.
domain founded_year HQ Location
Punch is recognized as a high-speed trading platform for options.
domain founded_year HQ Location
App-based trading platform and research tools for options traders
domain founded_year HQ Location
Operates an app-based platform for trading Nifty, Bank Nifty, and options.
domain founded_year HQ Location
Offers an analytics and trading platform tailored for traders.
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 Uforic

Frequently Asked Questions about Uforic

When was Uforic founded?

Uforic was founded in 2009.

Where is Uforic located?

Uforic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of Uforic?

Annual revenue of Uforic is $15.81K as on Mar 31, 2023.

What does Uforic do?

Uforic Technologies develops FnOGuru, a user-friendly platform that simplifies complex derivatives calculations and suggests trading strategies like bullish, bearish, and neutral based on user parameters. It enables ongoing delta hedging and considers margins for optimal returns. Located in Mumbai, India, the company targets serious options traders and corporates with free access currently. The service focuses on making trading accessible without manual computations.

Who are the top competitors of Uforic?

Uforic's top competitors include Punch, Kredent InfoEdge and Stolo.

What products or services does Uforic offer?

Uforic offers FnOGuru.

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