About utu
utu is a company based in Singapore (Singapore) founded in 2016 by Jeremy Tan, Ameer Jumabhoy, and Asad Jumabhoy. utu has raised $35 million across 1 funding round from investors including SC Ventures. The company has 13 employees as of April 08, 2024. utu has completed 1 acquisition, including CardsPal. utu offers products and services including utu Vouchers and AI-Powered Web App. utu operates in a competitive market with competitors including Bink, Larky, Swipii, Wrapp and myGini, among others.
- Headquarter Singapore, Singapore
- Employees 13 as on 08 Apr, 2024
- Founders Jeremy Tan, Ameer Jumabhoy, Asad Jumabhoy
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Utu Techsolutions Private Limited
- Date of Incorporation 05 Nov, 2020
- Jurisdiction Pune, Maharashtra, India
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$35 M (USD)
in 1 rounds
-
Latest Funding Round
$35 M (USD), Series B
Jun 27, 2023
- Investors
-
Employee Count
13
as on Apr 08, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of utu
utu offers a comprehensive portfolio of products and services, including utu Vouchers and AI-Powered Web App.
Converts tax refunds into bonus-enhanced vouchers for tourist shopping.
App for generating and managing tax refund vouchers instantly.
People of utu
Unlock access to complete
Funding Insights of utu
utu has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in June 2023. 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.
Investors in utu
utu has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SC Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
VC fund backed by Standard Chartered
|
Locked | Locked | Locked |
Investor details for utu
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by utu
utu has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CardsPal.
Investment portfolio details for utu
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Credit card discovery and comparison platform is offered to consumers.
|
Locked | Locked | 2019 | Locked |
Complete acquisition details for utu
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - utu
Detailed financials for utu
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Utu Comparisons
Peer comparison for utu
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of utu
utu 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 Bink, Larky, Swipii, Wrapp and myGini, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Delivers mobile-based customer loyalty program management solutions for businesses.
|
|
| Locked | Locked | Locked |
Coalition loyalty software is provided for financial institutions by Larky.
|
|
| Locked | Locked | Locked |
Mobile-based loyalty programs are provided for customers and businesses.
|
|
| Locked | Locked | Locked |
Card-linked coalition loyalty program is delivered via mobile app.
|
|
| Locked | Locked | Locked |
Reward-based payment and engagement solutions are provided for businesses.
|
Detailed competitors of utu
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Utu
Complete news archive for utu
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about utu
utu was founded in 2016 and raised its 1st funding round 7 years after it was founded.
utu is headquartered in Singapore, Singapore.
Asad Jumabhoy is the current CEO of utu. They have also founded this company.
utu is a funded company, having raised a total of $35M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at utu is 13.
UTU was founded in 2016 in Singapore as a loyalty and rewards platform in the fintech sector. A mobile app is provided for users to link payment cards and earn points from transactions at over 7,400 global partner merchants, including ZARA and Tommy Hilfiger. Points are aggregated, shared, and redeemed across borders, with initial operations planned for Thailand. The company is backed by The Scotts Group and Korvac Holdings.
utu offers utu Vouchers and AI-Powered Web App.
utu has made 1 acquisition, including CardsPal.
utu has 1 investor. Key investors include SC Ventures.