About Ula
Ula is a company based in Jakarta (Indonesia) founded in 2020 by Nipun Mehra and Alan Wong. Ula has raised $140.6 million across 4 funding rounds from investors including Tencent, Lightspeed Venture Partners and Prosus. Ula operates in a competitive market with competitors including Ablife, WEGOTRADE, WARJALI, Hey Farm and Orderplizz, among others.
- Headquarter Jakarta, Indonesia
- Founders Nipun Mehra, Alan Wong
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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Annual Revenue
$121.32 M (USD)513as on Dec 31, 2022
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Net Profit
-$43.07 M (USD)-122as on Dec 31, 2022
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EBITDA
-$42.96 M (USD)-122as on Dec 31, 2022
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Total Equity Funding
$140.6 M (USD)
in 4 rounds
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Latest Funding Round
$23.1 M (USD), Series B
Nov 16, 2021
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Investors
Tencent
& 18 more
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Employee Count
Not available
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People of Ula
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Funding Insights of Ula
Ula has successfully raised a total of $140.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $23.1 million completed in November 2021. 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 Ula
Ula has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tencent, Lightspeed Venture Partners and Prosus.
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Venture and private equity investments are managed with global diversification.
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Investment management and philanthropic ventures linked to Bezos Expeditions.
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Tech companies are invested in by this venture capital firm.
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Investor details for Ula
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Investments & Acquisitions by Ula
Investment portfolio details for Ula
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Financial Statements - Ula
Detailed financials for Ula
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Ula Comparisons
Peer comparison for Ula
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Competitors of Ula
Ula 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 Ablife, WEGOTRADE, WARJALI, Hey Farm and Orderplizz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Delivers comprehensive retail store aggregation solutions for businesses.
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B2B platform for food industry sales, ordering, and payments online.
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Operates an online community-based B2B platform for grocery offerings.
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Offers platforms for fresh produce and customized packages to businesses.
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A digital distribution platform for basic necessities and other products.
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Detailed competitors of Ula
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Latest news on Ula
Complete news archive for Ula
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Frequently Asked Questions about Ula
Ula was founded in 2020.
Ula is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Nipun Mehra is the current CEO of Ula. They have also founded this company.
Ula is a funded company, having raised a total of $140.6M across 4 funding rounds to date.
Annual revenue of Ula is $121.32M as on Dec 31, 2022.
Tech-driven platform for small retailers to manage their working capital and stock. Its B2B marketplace provides small retailers with different product assortment, prices, and delivery. It also offers store owners with unutilized space to become an pick-up point.
Ula has 19 investors. Key investors include Tencent, Lightspeed Venture Partners, Prosus, Peak XV Partners, and Quona.