About Utilize
Utilize is a Technology company based in Bengaluru (India) founded in 2019. It operates as a mobile apps are developed from spreadsheets without coding. Its Indian entity Otra Communications Private Limited reported revenue of ₹4.1 Lakh. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Development and Low Code Development Platforms. Its competitors include Open as App, Mobility Stream, AppAlloy, Mobi Lake and ActiveXLS and 4 more; 1 of its 9 listed competitors has raised funding.
Company details
Utilize was founded in 2019 in Bengaluru, India, and operates in the mobile application development sector. Spreadsheet-based mobile apps are created without coding through the platform. Customization and modification of apps are supported, along with multi-app management and synchronization features. The service enables users to build and maintain applications efficiently in the software development industry.
- Headquarters Bengaluru, India
- SectorsTechnology
- Email••••••••
- Website utilize.app
- Social LinkedIn X Facebook
- Legal Name Otra Communications Private Limited
- Date of Incorporation 17 Apr, 2018
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹4.1 Lakh
FY 2025 · +6% YoY
- Net Profit₹3 Lakh
FY 2025 · 74% margin
- EBITDA₹3 Lakh
FY 2025 · 74% margin
- Investors
Associated legal entities of Utilize
Utilize operates through Otra Communications 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 |
|---|---|---|---|---|---|---|---|
| Otra Communications Private Limited CIN U74999AP2018PTC108197 | Active | 17 Apr 2018 | Visakhapatnam, Andhra Pradesh | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Utilize
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Utilize 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 |
|---|---|---|---|---|---|
| Jun 2022 | – | Seed | – | Startup Wise Guys | – |
1 investors in total: 1 institutional.
Investors in Utilize
Utilize has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Startup Wise Guys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and startup accelerator focused on B2B and SaaS companies | 2012 | startupwiseguys.com | Tallinn, Estonia |
Investor details for Utilize
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Otra Communications Private Limited (Utilize)
Otra Communications Private Limited is the primary company behind Utilize. The board of Otra Communications Private Limited currently have 2 directors; the longest-serving is Sai Sameer Sanagala, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sai Sameer Sanagala DIN 08112619 | Director | 17 Apr 2018 | 8 yrs 6 mo | Otra Communications Private Limited |
| Jatin Arora DIN 08480361 | Director | 27 Aug 2020 | 6 yrs 1 mo | Otra Communications Private Limited |
Financials of Utilize
Figures of Otra Communications Private Limited, the primary company behind Utilize, for FY 2025. Revenue was ₹4.1 Lakh (+6% year on year). Net profit was ₹3 Lakh (74% margin). EBITDA was ₹3 Lakh (74% margin). Revenue has grown at a compounded annual rate of +9% over three years.
- ₹4.1 LakhRevenue · FY 2025 · +6% YoY
- ₹3 LakhNet profit · 74% margin
- ₹3 LakhEBITDA · 74% margin
- ₹1 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Otra Communications Private Limited are on its company page.
Detailed financial statements for Utilize
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Utilize
2 dated milestones of Utilize across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Utilize is founded.
- Funding First funding round.
Competitors of Utilize
Utilize has 9 listed competitors in our database, 1 of them funded. They include Open as App, Mobility Stream, AppAlloy, Mobi Lake and ActiveXLS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openasapp.com | 2016 | Munich, Germany | $5.73M | 14 | Cloud-based solutions for spreadsheet-based app development are offered. | |
| mobilitystream.com | 2012 | Chicago, United States | – | – | Provides Atlassian apps for mobile Jira access and data integrations. | |
| appalloy.net | 2024 | Hanoi, Vietnam | – | – | - | |
| mobilake.com | 2016 | Delhi, India | – | – | Offers a platform for spreadsheet-based mobile application development software. | |
| activexls.com | 2005 | Brasov, Romania | – | – | Offers spreadsheet-based solutions for application development and management. | |
| rukapp.com | 2014 | Cordoba, Argentina | – | – | Enables users to create mobile apps using spreadsheets. | |
| gnativeapps.com | 2019 | Macedonia | – | – | Serves as a cloud-based platform for developing applications using spreadsheets. | |
| kozmik.io | 2022 | Claymont, United States | – | – | No-code tool for creating, customizing, and deploying mobile applications easily. | |
| sheets.plus | 2018 | – | – | – | Offers a no-code spreadsheets-based platform for developing mobile and desktop applications. |
Detailed competitors of Utilize
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Application Development Tools
10 companies that operate in the same segment as Utilize (Application Development Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based version control and source code management platform | 2008 | San Francisco, California, United States | USD 354.03 M | – | 6,946 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | – | 205 | |
Cloud based website development platform | 2012 | San Francisco, California, United States | USD 336.41 M | – | 4,930 | |
Cloud-based website builder tool | 2003 | New York, New York, United States | USD 591.5 M | USD 16.79 M | 2,161 | |
Cloud-based low-code platform enables application development and automation. | 1999 | Reston, Virginia, United States | USD 47.5 M | USD 726.94 M | 2,029 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 | |
Cloud and AI based low code workflow and app development platform | 2013 | San Francisco, California, United States | USD 1.35 B | – | 4,475 | |
Websites are built using Wix's cloud-based drag-and-drop platform. | 2006 | Tel Aviv, Israel | USD 53.5 M | USD 1.99 B | 5,280 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 1,193 | |
Development of internal tools is enabled by a low-code platform. | 2017 | San Francisco, California, United States | USD 165.15 M | – | 414 |
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Frequently Asked Questions about Utilize
Utilize was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Utilize is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Utilize, Otra Communications Private Limited, reported revenue of ₹4.1 Lakh for FY 2025, up 6% year on year.
Utilize was founded in 2019 in Bengaluru, India, and operates in the mobile application development sector. Spreadsheet-based mobile apps are created without coding through the platform. Customization and modification of apps are supported, along with multi-app management and synchronization features. The service enables users to build and maintain applications efficiently in the software development industry.
Utilize's top competitors include Open as App, Mobi Lake and Mobility Stream.
Utilize has 1 investor. Key investors include Startup Wise Guys.
Utilize operates through Otra Communications Private Limited.
The legal entities of Utilize currently have 2 directors, including Jatin Arora, Sai Sameer Sanagala.