About Updapt
Updapt is a company based in Bengaluru (India) founded in 2019 by Mithun Suvarna, Satish Ramchandani, Sangath Babu, and Supreeth Rao. It operates as a SaaS (Software-as-a-Service). Updapt has raised $53.38 thousand across 1 funding round from investors including Musthaq Ahmed and Nikhil Suvarna. Updapt offers products and services including ESG Software. Updapt operates in a competitive market with competitors including EcoVadis, FigBytes, Novisto, Diginex and Apiday, among others.
- Headquarter Bengaluru, India
- Founders Mithun Suvarna, Satish Ramchandani, Sangath Babu, Supreeth Rao
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Sectors
Technology
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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
$559.14 K (USD)-26as on Mar 31, 2024
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Net Profit
-$395.83 K (USD)-328as on Mar 31, 2024
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EBITDA
-$509.5 K (USD)-312as on Mar 31, 2024
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Total Equity Funding
$53.38 K (USD)
in 1 rounds
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Latest Funding Round
$53.38 K (USD), Angel Round
Oct 29, 2021
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Investors
& 1 more
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Employee Count
Not available
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Products & Services of Updapt
Updapt offers a comprehensive portfolio of products and services, including ESG Software.
Software for managing sustainability data and reporting purposes.
People of Updapt
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Funding Insights of Updapt
Updapt has successfully raised a total of $53.38K through 1 strategic funding round. The most recent funding activity was a Angel Round of $53.38 thousand completed in October 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 Updapt
Updapt has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Musthaq Ahmed and Nikhil Suvarna.
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Musthaq Ahmed |
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Nikhil Suvarna |
Angel investor and entrepreneur, focusing on early-stage Indian startups.
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Investor details for Updapt
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Investments & Acquisitions by Updapt
Investment portfolio details for Updapt
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Financial Statements - Updapt
Detailed financials for Updapt
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Updapt Comparisons
Peer comparison for Updapt
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Competitors of Updapt
Updapt 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 EcoVadis, FigBytes, Novisto, Diginex and Apiday, among others.
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Sustainability ratings for supply chains are provided via SaaS platform.
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Cloud-based KPI compliance management software is provided.
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Cloud-based software for sustainability and ESG management is provided.
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ESG reporting and supply chain risk management software is provided.
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ESG data solutions are delivered through an AI-driven cloud platform.
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Environmental sustainability compliance and risk management platform is provided.
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Detailed competitors of Updapt
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Latest news on Updapt
Complete news archive for Updapt
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Frequently Asked Questions about Updapt
Updapt was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Updapt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mithun Suvarna is the current CEO of Updapt. They have also founded this company.
Updapt is a funded company, having raised a total of $53.38K across 1 funding round to date.
Annual revenue of Updapt is $559.14K as on Mar 31, 2024.
Updapt is focused on delivering software solutions for environmental, social, and governance (ESG) data management. The company operates within the technology sector, offering tools for sustainability data tracking and reporting. Solutions provided by Updapt are designed to assist organizations in meeting regulatory and corporate sustainability goals across various industries.
Updapt's top competitors include EcoVadis, Manifest Climate and Novisto.
Updapt offers ESG Software.
Updapt has 2 investors. Key investors include Musthaq Ahmed, and Nikhil Suvarna.
The valuation of Updapt is $186.84K as of Oct 2021.