About UST
UST is a company based in Aliso Viejo (United States) founded in 1998 by Rajiv Pratap and Vivek Vipul.. UST has raised $250 million across 2 funding rounds from investors including Temasek and MFAR. The company has 1,905 employees as of February 28, 2025. UST has completed 17 acquisitions, including Accrete Hitech Solutions, Advantasure and Andare LLC. UST operates in a competitive market with competitors including Genpact, 1&1 IONOS, Happiest Minds, Accenture and NTT DATA, among others.
- Headquarter Aliso Viejo, United States
- Employees 1905 as on 28 Feb, 2025
- Founders Rajiv Pratap, Vivek Vipul
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Sectors
Business ServicesTechnology
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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
$59.61 M (USD)-17as on Mar 31, 2021
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Net Profit
$7.57 M (USD)-13as on Mar 31, 2021
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EBITDA
$11.51 M (USD)-17as on Mar 31, 2021
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Total Equity Funding
$250 M (USD)
in 2 rounds
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Latest Funding Round
$250 M (USD), Private Equity Round
Jun 27, 2018
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Investors
Temasek
& 1 more
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Employee Count
1905
as on Feb 28, 2025
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Investments & Acquisitions
Accrete Hitech Solutions
& 16 more
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Funding Insights of UST
UST has successfully raised a total of $250M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $250 million completed in June 2018. 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 Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $250.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Private Equity Round - UST | Valuation | Temasek |
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| Jan, 2010 | Amount | Private Equity Round - UST | Valuation | MFAR |
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| 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 |
Investors in UST
UST has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Temasek and MFAR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UST
UST has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Accrete Hitech Solutions, Advantasure and Andare LLC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of business strategy, operational, education, logistics, healthcare, and other consulting services
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2019 | ||||
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Health management software is provided to hospitals by Advantasure.
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2018 | ||||
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IT consulting and services are provided by Accrete Hitech Solutions.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UST
| 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 |
Ust Comparisons
Competitors of UST
UST 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 Genpact, 1&1 IONOS, Happiest Minds, Accenture and NTT DATA, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Ust
Frequently Asked Questions about UST
When was UST founded?
UST was founded in 1998 and raised its 1st funding round 12 years after it was founded.
Where is UST located?
UST is headquartered in Aliso Viejo, United States. It is registered at Aliso Viejo, California, United States.
Who is the current CEO of UST?
Vivek Vipul is the current CEO of UST. They have also founded this company.
Is UST a funded company?
UST is a funded company, having raised a total of $250M across 2 funding rounds to date.
How many employees does UST have?
As of Feb 28, 2025, the latest employee count at UST is 1,905.
What is the annual revenue of UST?
Annual revenue of UST is $59.61M as on Mar 31, 2021.
What does UST do?
UST was founded in 1998 and is headquartered in Aliso Viejo, United States, operating in the information technology services sector. A range of services is offered, including cybersecurity, data analytics, DevOps and quality engineering, technology consulting, legacy modernization, artificial intelligence and machine learning, and human-centered design. Management strategy and cloud modernization support digital transformation initiatives for clients. Leadership is provided by co-founders and managing directors.
Who are the top competitors of UST?
UST's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
How many acquisitions has UST made?
UST has made 17 acquisitions, including Accrete Hitech Solutions, Advantasure, and Andare LLC.
Who are UST's investors?
UST has 2 investors. Key investors include Temasek, and MFAR.
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