About Upotek
Upotek is a company based in Riga (Latvia) founded in 2014. It operates as a B2B. The company has 65 employees as of December 31, 2022. Upotek offers products and services including Workwear Garments and Leisure Wear. Upotek operates in a competitive market with competitors including Cintas, Fristads, Vikas Syntex, Sparsh Fab and Blauer, among others.
- Headquarter Riga, Latvia
- Employees 65 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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- Legal Name Upotek Latvia
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
65
as on Dec 31, 2022
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Products & Services of Upotek
Upotek offers a comprehensive portfolio of products and services, including Workwear Garments and Leisure Wear. 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.
Produces high-end industrial garments for professional use.
Designs and manufactures casual clothing items.
Funding Insights of Upotek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Upotek
| 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 - Upotek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Upotek Comparisons
Competitors of Upotek
Upotek 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 Cintas, Fristads, Vikas Syntex, Sparsh Fab and Blauer, 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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| domain | founded_year | HQ Location |
Corporate identity uniforms are provided via rental and sales programs.
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| domain | founded_year | HQ Location |
Functional and durable workwear is supplied for all industries.
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| domain | founded_year | HQ Location |
Serves as a brand specializing in high-quality uniforms for various industries.
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| domain | founded_year | HQ Location |
Produces high-quality premium fabrics for school and corporate uniforms.
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| domain | founded_year | HQ Location |
Offers apparel and accessories for police, firefighters, and EMS personnel.
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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 Upotek
When was Upotek founded?
Upotek was founded in 2014.
Where is Upotek located?
Upotek is headquartered in Riga, Latvia.
How many employees does Upotek have?
As of Dec 31, 2022, the latest employee count at Upotek is 65.
What does Upotek do?
Upotek Group is a garment manufacturer based in Riga, Latvia, specializing in designing, developing, and producing a range of clothing from leisure wear to high-end industrial workwear. They use advanced textiles and functional designs to meet customer needs, drawing on over 15 years of experience in fabrics, accessories, and marketing. The company focuses on innovation, quality, and efficient production processes including supply chain management and delivery, serving various clothes markets globally.
Who are the top competitors of Upotek?
What products or services does Upotek offer?
Upotek offers Workwear Garments and Leisure Wear.