About Updapt
Updapt is a Technology company based in Bengaluru (India) founded in 2019 by Mithun Suvarna, Satish Ramchandani, Sangath Babu, and Supreeth Rao. ESG and sustainability data are managed via cloud-based software. It operates on a SaaS (Software-as-a-Service) model. Updapt has raised $53.38 thousand across 1 funding round from investors including Musthaq Ahmed and Nikhil Suvarna. Updapt was last valued at $186.84 thousand in October 2021. Its chief executive, as recorded, is Mithun Suvarna. Its website updapt.com draws about 11 thousand monthly visits. Its Indian entity Updapt Csr Private Limited reported revenue of ₹11.88 Cr. Updapt offers products and services including ESG Software. Its focus areas include Software and ESG Solutions.
Company details
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.
- Headquarters Bengaluru, India
- Founders Mithun Suvarna, Satish Ramchandani, Sangath Babu, Supreeth Rao
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website updapt.com
- Social LinkedIn X Facebook
- Legal Name Updapt Csr Private Limited
- Date of Incorporation 12 Feb, 2019
- Annual Revenue₹11.88 Cr
FY 2025 · +157% YoY
- Net Profit₹1.19 Cr
FY 2025 · 10% margin
- EBITDA₹1.67 Cr
FY 2025 · 14% margin
- Total Equity Funding$53.38K (USD)
in 1 rounds
- Latest Funding Round$53.38K (USD), Angel Round
Oct 2021
Associated legal entities of Updapt
Updapt operates through Updapt Csr Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Updapt Csr Private Limited CIN U74999KA2019PTC121307 | Active | 12 Feb 2019 | Bangalore, Karnataka | ₹11.9 Cr | 9 | 5 | View details |
Products & Services of Updapt
Updapt offers a comprehensive portfolio of products and services, including ESG Software.
Software for managing sustainability data and reporting purposes.
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.
- Total Funding $53,378
- Total Rounds 1
- Last Round Angel Round — $53,378
- First Round $53,378
(Oct 2021)
- Investors Count 2
All 1 funding rounds of Updapt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $53,378 | Angel Round | $186,844 | Musthaq Ahmed, Nikhil Suvarna | – |
Last known valuation $186,844 (Oct 2021). 2 investors in total: 0 institutional and 2 angel.
Investors in Updapt
Updapt has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Musthaq Ahmed and Nikhil Suvarna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MA Musthaq Ahmed | unknown_ee0d2f6bd5354c3da | |||
NS Nikhil Suvarna | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_9258d7d4473f4c518 |
Investor details for Updapt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Updapt Csr Private Limited (Updapt)
Updapt Csr Private Limited is the primary company behind Updapt. The board of Updapt Csr Private Limited currently have 5 directors; the longest-serving is Supreeth Kotekar Rao, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Supreeth Kotekar Rao DIN 08358816 | Director | 12 Feb 2019 | 7 yrs 8 mo | Updapt Csr Private Limited |
| Raghavendra Rao DIN 08358817 | Director | 12 Feb 2019 | 7 yrs 8 mo | Updapt Csr Private Limited |
| Mithun Suvarna DIN 08358818 | Director | 12 Feb 2019 | 7 yrs 8 mo | Updapt Csr Private Limited |
| Sangat Dayananda Babu DIN 08878636 | Director | 15 Sep 2020 | 6 yrs 1 mo | Updapt Csr Private Limited |
| Satish Vashdev Ramchandani DIN 09288609 | Director | 23 Aug 2021 | 5 yrs 2 mo | Updapt Csr Private Limited |
People of Updapt
9 people are tracked at Updapt (5 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Sangath Babu | Co-Founder & Head of Technology | Leadership |
| Co-Founder & CFO | Leadership | |
Dhawal Amin | Head Of Customer Success | Leadership |
Vishakha Vishwanath Mogral | Manager - Human Resources | Team |
Tejas Parmar | Sr. Product Delivery Associate | Team |
Deeksha Amin | Senior Manager - Product & Research | Team |
Varun K | Delivery Manager ESG | Team |
Complete people profiles for Updapt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Updapt
Figures of Updapt Csr Private Limited, the primary company behind Updapt, for FY 2025. Revenue was ₹11.88 Cr (+157% year on year). Net profit was ₹1.19 Cr (10% margin). EBITDA was ₹1.67 Cr (14% margin). Revenue has grown at a compounded annual rate of +49% over three years and +1113% over five years.
- ₹11.88 CrRevenue · FY 2025 · +157% YoY
- ₹1.19 CrNet profit · 10% margin
- ₹1.67 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 9Employees (provident fund records)
- +49%Revenue CAGR, 3 years
- +1113%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Updapt Csr Private Limited are on its company page.
Detailed financial statements for Updapt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Updapt
2 dated milestones of Updapt across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Updapt is founded.
- Funding First funding round of $53K.
Web traffic of Updapt
The website of Updapt (updapt.com) receives about 11.1K visits a month.
- Monthly visits11.1K
▼ 22.2% vs previous month
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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 CEO of Updapt, as recorded in our data. They have also founded this company.
Updapt is a funded company, having raised a total of $53.38K across 1 funding round to date. The company's 1st funding round was a Angel Round of $53.38K, raised on Oct 2021.
The primary company behind Updapt, Updapt Csr Private Limited, reported revenue of ₹11.88 Cr for FY 2025, up 157% year on year.
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 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.
Updapt operates through Updapt Csr Private Limited.
The legal entities of Updapt currently have 5 directors, including Supreeth Kotekar Rao, Raghavendra Rao, Mithun Suvarna and others.