About Ushva
Ushva is a Business Services company based in Mumbai (India) founded in 2015 by Ashutosh Kumar, Visat Subodhbhai Patel, and Kumar Vaibhav. Wind and solar energies are harnessed for electricity generation. It operates in the Business Services, Technology, and Energy & Utilities sectors. Its chief executive, as recorded, is Ashutosh Kumar. Its Indian entity Ushva Clean Technology Private Limited reported revenue of ₹84.5 Lakh. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and Building Automation Systems.
Company details
Ushva was established in 2015 in Mumbai, India, within the renewable energy sector. Solar home appliances and solar water pumps for agricultural applications are supplied by the company. A portable charger converting wind energy to electricity has been developed as well. Focus is placed on sustainable power solutions for residential and farming needs in the region.
- Headquarters Mumbai, India
- Founders Ashutosh Kumar, Visat Subodhbhai Patel, Kumar Vaibhav
- SectorsBusiness ServicesTechnology Energy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website ushva.com
- Social LinkedIn X Facebook
- Legal Name Ushva Clean Technology Private Limited
- Date of Incorporation 12 Jan, 2015
- Jurisdiction Manda, Maharashtra, India
- Annual Revenue₹84.5 Lakh
FY 2022 · +214% YoY
- Net Loss-₹2.6 Lakh
FY 2022 · -3% margin
- EBITDA-₹2.1 Lakh
FY 2022 · -2% margin
Associated legal entities of Ushva
Ushva operates through Ushva Clean Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ushva Clean Technology Private Limited CIN U74900MH2015PTC260819 | Active | 12 Jan 2015 | Manda, Maharashtra | ₹0.8 Cr | 3 | View details |
Funding Insights of Ushva
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Ushva 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 |
|---|---|---|---|---|---|
| Feb 2020 | Angel Round | – | Himanshu Patel | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Ushva
Ushva has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Himanshu Patel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
HP Himanshu Patel | Angel investor and entrepreneur, focused on tech startups in India. | unknown_d96fdaa670f542ef9 |
Investor details for Ushva
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Board of directors of Ushva Clean Technology Private Limited (Ushva)
Ushva Clean Technology Private Limited is the primary company behind Ushva. The board of Ushva Clean Technology Private Limited currently have 3 directors; the longest-serving is Nilesh Akhileshwar Prasad, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilesh Akhileshwar Prasad DIN 07038820 | Director | 12 Jan 2015 | 11 yrs 9 mo | Ushva Clean Technology Private Limited |
| Ashutosh Kumar DIN 07011262 | Director | 12 Jan 2015 | 11 yrs 9 mo | Ushva Clean Technology Private Limited |
| Visat Subodhbhai Patel DIN 07468607 | Director | 14 Mar 2016 | 10 yrs 7 mo | Ushva Clean Technology Private Limited |
People of Ushva
3 people are tracked at Ushva (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Kumar Vaibhav | Co-Founder | Leadership |
Complete people profiles for Ushva
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Financials of Ushva
Figures of Ushva Clean Technology Private Limited, the primary company behind Ushva, for FY 2022. Revenue was ₹84.5 Lakh (+214% year on year). Net loss was -₹2.6 Lakh (-3% margin). EBITDA was -₹2.1 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +1159% over three years.
- ₹84.5 LakhRevenue · FY 2022 · +214% YoY
- -₹2.6 LakhNet loss · -3% margin
- -₹2.1 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- +1159%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ushva Clean Technology Private Limited are on its company page.
Detailed financial statements for Ushva
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Ushva
2 dated milestones of Ushva across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ushva is founded.
- Funding First funding round.
Top companies in Facility Management Platforms
2 companies that operate in the same segment as Ushva (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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Related news about Ushva
Complete news archive for Ushva
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Frequently Asked Questions about Ushva
Ushva was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Ushva is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ashutosh Kumar is the CEO of Ushva, as recorded in our data. They have also founded this company.
The primary company behind Ushva, Ushva Clean Technology Private Limited, reported revenue of ₹84.5 Lakh for FY 2022, up 214% year on year.
Ushva was established in 2015 in Mumbai, India, within the renewable energy sector. Solar home appliances and solar water pumps for agricultural applications are supplied by the company. A portable charger converting wind energy to electricity has been developed as well. Focus is placed on sustainable power solutions for residential and farming needs in the region.
Ushva has 1 investor. Key investors include Himanshu Patel.
Ushva operates through Ushva Clean Technology Private Limited.
The legal entities of Ushva currently have 3 directors, including Nilesh Akhileshwar Prasad, Ashutosh Kumar, Visat Subodhbhai Patel.