About upliance
upliance is a company based in Bengaluru (India) founded in 2021 by Mohit Sharma and Mahek Mody. upliance has raised $5.72 million across 3 funding rounds from investors including Angel List, Khosla Ventures and Rukam Capital. The company has 20 employees as of April 04, 2024. upliance operates in a competitive market with competitors including Mechanical Chef, Generation Infinite Machines, Dosamatic, Buchuk and Aufla, among others.
- Headquarter Bengaluru, India
- Employees 20 as on 04 Apr, 2024
- Founders Mohit Sharma, Mahek Mody
- Stage Minicorn
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Sectors
ConsumerRetail 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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- Legal Name React Labs Private Limited
- Date of Incorporation 17 Jun, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$81.1 K (USD)3692.8as on Mar 31, 2023
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Net Profit
-$333.39 K (USD)-803.41as on Mar 31, 2023
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EBITDA
-$528.15 K (USD)-1362.4as on Mar 31, 2023
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Total Equity Funding
$5.72 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Angel List
& 33 more
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Employee Count
20
as on Apr 04, 2024
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People of upliance
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Funding Insights of upliance
upliance has successfully raised a total of $5.72M across 3 strategic funding rounds. 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 upliance
upliance has secured backing from 34 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Khosla Ventures and Rukam Capital.
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Early-stage technology companies receive venture capital investments.
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Early-stage investment in consumer brands, focusing on bold ideas and founders.
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Investor details for upliance
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Investments & Acquisitions by upliance
Investment portfolio details for upliance
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Financial Statements - upliance
Detailed financials for upliance
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Upliance Comparisons
Peer comparison for upliance
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Competitors of upliance
upliance 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 Mechanical Chef, Generation Infinite Machines, Dosamatic, Buchuk and Aufla, among others.
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A smartphone-connected robot for cooking Indian cuisine is provided.
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IoT-based smart cooking machines are provided with automated features.
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Automated dosa-making machines are supplied by Dosamatic.
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Automated food cooking machines are offered via an IoT platform.
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Runs a direct-to-consumer brand for electric cookers.
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Develops innovative technologies, including automated cooking machines, to enhance kitchen efficiency.
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Detailed competitors of upliance
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Latest news on Upliance
Complete news archive for upliance
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Frequently Asked Questions about upliance
upliance was founded in 2021.
upliance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mahek Mody is the current CEO of upliance. They have also founded this company.
upliance is a funded company, having raised a total of $5.72M across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at upliance is 20.
Annual revenue of upliance is $81.1K as on Mar 31, 2023.
Manufacturer of AI-powered automated cooking appliances. These appliances automate multiple cooking functions, including chopping, stirring, and cooking complete meals within a single jar. The devices utilize patented technology for optimal nutrition retention and feature touchscreen interfaces with built-in recipes and step-by-step instructions. Connectivity features enable software updates, recipe additions, and remote control via a mobile application. The appliances are designed for ease of use and require minimal user interaction during the cooking process. A warranty covers manufacturing defects, and extended software support is provided.
upliance's top competitors include Dosamatic, Generation Infinite Machines and Mechanical Chef.
upliance has 34 investors. Key investors include Angel List, Khosla Ventures, Rukam Capital, Draper Associates, and Jinesh Haresh Shah.
The valuation of upliance is $15.35M as of Dec 2023.