About Umenit
Umenit is a company based in Delhi (India) founded in 2016 by Jasmeet Singh. It operates as a B2B. Umenit offers products and services including Custom Software Development, AI Solutions, IT Consulting, and Blockchain Services. Umenit operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Delhi, India
- Founders Jasmeet Singh
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Umenit Solutions Llp
- Date of Incorporation 12 Feb, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
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Products & Services of Umenit
Umenit offers a comprehensive portfolio of products and services, including Custom Software Development, AI Solutions, IT Consulting, and Blockchain Services. 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.
Develops tailored digital solutions for business needs.
Provides advanced AI for business transformation.
Offers strategy and implementation for technology needs.
Delivers secure blockchain applications for enterprises.
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Funding Insights of Umenit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Umenit
| 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 - Umenit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Umenit Comparisons
Competitors of Umenit
Umenit 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Umenit
When was Umenit founded?
Umenit was founded in 2016.
Where is Umenit located?
Umenit is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
What does Umenit do?
UMENIT is a technology service provider specializing in AI, custom software development, IT consulting, and blockchain services. They deliver tailored solutions to help businesses innovate and scale, including AI product development and data analytics. Operating from offices in Denmark, Dubai, and India, they serve clients across various sectors by focusing on efficient, secure tech implementations.
Who are the top competitors of Umenit?
Umenit's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Umenit offer?
Umenit offers Custom Software Development, AI Solutions, IT Consulting, and Blockchain Services.
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