Ults Global

Kozhikode, India Founded: 2011 • Age: 15 yrs
Provides comprehensive software development, cybersecurity, and other IT services.

About Ults Global

Ults Global is a Technology company based in Kozhikode (India) founded in 2011. It provides comprehensive software development, cybersecurity, and other IT services. It operates on a B2B model. The company has 408 employees. Its Indian entity Ul Technology Solutions Private Limited reported revenue of β‚Ή40.95 Cr. Its focus areas include IT Services, Software Development and Cybersecurity. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Ults Global, founded in 2011 in Kozhikode, India, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and enhancing digital security. Provides comprehensive software development, cybersecurity, and other IT services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Key Metrics
  • Annual Revenue
    ₹40.95 Cr

    FY 2024 · +28% YoY

  • Net Loss
    -₹14.96 Cr

    FY 2024 · -37% margin

  • EBITDA
    -₹11.47 Cr

    FY 2024 · -28% margin

  • Employee Count
    408

Board of directors of Ul Technology Solutions Private Limited (Ults Global)

Ul Technology Solutions Private Limited is the primary company behind Ults Global. The board of Ul Technology Solutions Private Limited currently have 2 directors; the longest-serving is Remeshan Palery, appointed in 2011.

DirectorDesignationAppointedTenureEntity
Remeshan Palery
DIN 01733365
Managing Director30 Nov 201114 yrs 10 moUl Technology Solutions Private Limited
Shaju Srankeentavida
DIN 02819709
Director30 Nov 201114 yrs 10 moUl Technology Solutions Private Limited

Financials of Ults Global

Figures of Ul Technology Solutions Private Limited, the primary company behind Ults Global, for FY 2024. Revenue was ₹40.95 Cr (+28% year on year). Net loss was -₹14.96 Cr (-37% margin). EBITDA was -₹11.47 Cr (-28% margin). Revenue has grown at a compounded annual rate of 0% over three years and +24% over five years.

  • ₹40.95 CrRevenue · FY 2024 · +28% YoY
  • -₹14.96 CrNet loss · -37% margin
  • -₹11.47 CrEBITDA · -28% margin
  • ₹70.84 CrPaid-up capital
  • 408Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ul Technology Solutions Private Limited are on its company page.

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Detailed financial statements for Ults Global

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Competitors of Ults Global

Ults Global has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Ults Global

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Web traffic of Ults Global

The website of Ults Global (ultsglobal.com) receives about 3K visits a month.

  • Monthly visits
    3K

    ▼ 65.8% vs previous month

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Frequently Asked Questions about Ults Global

Ults Global was founded in 2011.

Ults Global is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.

Ults Global has 408 employees.

The primary company behind Ults Global, Ul Technology Solutions Private Limited, reported revenue of β‚Ή40.95 Cr for FY 2024, up 28% year on year.

Ults Global, founded in 2011 in Kozhikode, India, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and enhancing digital security. Provides comprehensive software development, cybersecurity, and other IT services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Ults Global's top competitors include Happiest Minds and Datamatics.

Ults Global operates through Ul Technology Solutions Private Limited.

The legal entities of Ults Global currently have 3 directors, including Remeshan Palery, Shaju Srankeentavida, Hrithwika Krishna S K.

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