About Utopiic
Utopiic is a company based in Faridabad (India) founded in 2019 by Hardik Jhanb and Rahul Gaur. It operates as a B2B. Utopiic operates in a competitive market with competitors including Watershed, ClimeCo, Commons, Doconomy and StepChange, among others.
- Headquarter Faridabad, India
- Founders Hardik Jhanb, Rahul Gaur
- SectorsEnvironment
- Email••••••••
- Website utopiic.com
- Social LinkedIn X Facebook Instagram
- Legal Name Utopiic Innovations Private Limited
- Date of Incorporation 03 Dec, 2014
- Jurisdiction Faridabad, Haryana, India
- Annual Revenue₹0.62 Cr
FY 2024 · -22% YoY
- Net Profit₹0.62 Cr
FY 2024 · 100% margin
- EBITDA₹0.62 Cr
FY 2024 · 100% margin
Associated legal entities of Utopiic
Utopiic operates through Utopiic Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Utopiic Innovations Private Limited CIN U74110HR2014PTC053911 | Active | 03 Dec 2014 | Faridabad, Haryana | ₹0.6 Cr | – | 2 | View details |
Board of directors of Utopiic Innovations Private Limited (Utopiic)
Utopiic Innovations Private Limited is the primary company behind Utopiic. The board of Utopiic Innovations Private Limited currently have 2 directors; the longest-serving is Alka Jhanb, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alka Jhanb DIN 03401745 | Director | 03 Dec 2014 | 11 yrs 10 mo | Utopiic Innovations Private Limited |
| Pranati Jhanb DIN 08083915 | Director | 12 Mar 2018 | 8 yrs 6 mo | Utopiic Innovations Private Limited |
People of Utopiic
2 people are tracked at Utopiic (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Rahul Gaur | ex-Co-Founder | Leadership |
Complete people profiles for Utopiic
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Financials of Utopiic
Figures of Utopiic Innovations Private Limited, the primary company behind Utopiic, for FY 2024. Revenue was ₹0.62 Cr (-22% year on year). Net profit was ₹0.62 Cr (100% margin). EBITDA was ₹0.62 Cr (100% margin). Revenue has grown at a compounded annual rate of -29% over three years and +35% over five years.
- ₹0.62 CrRevenue · FY 2024 · -22% YoY
- ₹0.62 CrNet profit · 100% margin
- ₹0.62 CrEBITDA · 100% margin
- ₹0.01 CrPaid-up capital
- -29%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Utopiic Innovations Private Limited are on its company page.
Detailed financial statements for Utopiic
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Competitors of Utopiic
Utopiic 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 Watershed, ClimeCo, Commons, Doconomy and StepChange, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| watershed.com | 2019 | San Francisco, United States | $170.46M | 295 | Platform for enterprise sustainability measurement, reporting, and action is provided. | |
| climeco.com | 2011 | Boyertown, United States | $50M | 59 | Environmental project development and management services are offered. | |
| thecommons.earth | 2018 | Oakland, United States | $13.9M | – | Carbon footprint solutions are provided via an online tracking platform. | |
| doconomy.com | 2018 | Stockholm, Sweden | $72.82M | – | Impact data for individuals and businesses is provided and managed. | |
| stepchange.earth | 2022 | Bengaluru, India | $5M | 42 | Carbon footprint, ESG, and climate risks are managed for businesses. | |
| greenplaces.com | 2021 | Raleigh, United States | $21.48M | – | Carbon footprints are calculated and offset through an online platform. | |
| plana.earth | 2017 | Berlin, Germany | $40M | 9 | Carbon footprint calculation and offsetting solutions are developed for businesses. | |
| carbonfact.com | 2021 | Paris, France | $17.13M | – | Carbon footprint solutions are provided for fashion businesses. | |
| carbon-direct.com | 2019 | New York, United States | $60.79M | 9 | Science-backed carbon management solutions are offered to clients. | |
| validere.com | 2015 | Toronto, Canada | $65.12M | – | Validere is recognized as an enterprise intelligence platform for the energy industry. |
Detailed competitors of Utopiic
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- Full competitor set
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Similar companies to Utopiic
10 companies that operate in the same segment as Utopiic (Carbon Management & Offset Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Accacia is focused on decarbonizing real estate through technology. | 2022 | Gurugram, Haryana, India | USD 9 M | USD 31.79 K | 19 | |
Offers AI-based ESG solutions and technical support for various industries and non-profits. | 2018 | Piscataway, New Jersey, United States | – | – | 1 | |
Investments are made by Shastra VC in frontier tech, climate tech, and AI at early stages. | 2020 | Bengaluru, Karnataka, India | – | – | 1 | |
Seaweed biomass is utilized for carbon capture from water bodies. | – | Bethel, Alaska, United States | USD 3 M | – | – | |
Develops projects for climate solutions, community forestry, and emission reductions worldwide. | 2002 | Bengaluru, Karnataka, India | – | USD 1.16 M | 76 | |
Provider of C02 emission and exhaust gas cleaning systems for the maritime industry | – | Amsterdam, Netherlands | USD 2.1 M | – | – | |
ESG, sustainability, and impact measurement services for organizations. | 2007 | Gurugram, Haryana, India | – | USD 7.79 K | 1 | |
Sustainability reporting and ESG solutions are provided for various industries. | 2020 | Mumbai, Maharashtra, India | – | USD 46.67 K | 1 | |
Blockchain-based platform for carbon offset trading is provided. | 2024 | Redmond, Washington, United States | USD 50 K | – | – | |
Tech company developing carbon capture and storage solutions | – | – | – | – | – |
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Frequently Asked Questions about Utopiic
Utopiic was founded in 2019.
Utopiic is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.
Hardik Jhanb is the current CEO of Utopiic. They have also founded this company.
The primary company behind Utopiic, Utopiic Innovations Private Limited, reported revenue of ₹0.62 Cr for FY 2024, down 22% year on year.
Utopiic, based in Faridabad, focuses on sustainability, environmental services, esg and supply chain, and carbon management. Offers cloud-based solutions for ESG reporting, supply-chain assessments, and carbon footprint reduction. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Utopiic's top competitors include Watershed, ClimeCo and Carbon Direct.
Utopiic operates through Utopiic Innovations Private Limited.
The legal entities of Utopiic currently have 2 directors, including Alka Jhanb, Pranati Jhanb.