About Utvyakta Solutions
Utvyakta Solutions is an Industrial Goods & Manufacturing company based in Coimbatore (India) founded in 2017 by Sudhir Ravindramohan, Akshay Ramachandran, and Frederik Vyncke. It operates as an AI and IoT-based air compressor monitoring systems are provided. It operates in the Industrial Goods & Manufacturing and Technology sectors. Utvyakta Solutions has raised $172.12 thousand across 4 funding rounds from investors including T-Hub, Hakan Kingstedt and Ravi Shankar Chaturvedi. Utvyakta Solutions was last valued at $973.99 thousand in January 2022. Its Indian entity Utvyakta Solutions Private Limited reported revenue of ₹27.9 Lakh. Its focus areas include High Tech, IoT Applications, Industry Specific and Manufacturing. Its competitors include Litmus, Nebeskie, LEANworx, Atsuya and W2W Solutions Italia and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
Provider of AI and IoT-based air compressor monitoring systems. It offers a cloud-connected IoT platform that tracks compressor status, temperature and pressure, energy consumption, and air and oil filters to monitor the health of the compressors in real-time. It facilitates operational disruptions prediction, remote health monitoring, periodical maintenance insights. It has its use cases in oil and gas, automotive, pharmaceuticals, bottling plants, drilling and construction, and cement factories.
- Headquarters Coimbatore, India
- Founders Sudhir Ravindramohan, Akshay Ramachandran, Frederik Vyncke
- SectorsIndustrial Goods & ManufacturingTechnology
- Email••••••••
- Website utvyakta.com
- Social LinkedIn X Facebook
- Legal Name Utvyakta Solutions Private Limited
- Date of Incorporation 06 Apr, 2017
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹27.9 Lakh
FY 2024 · -82% YoY
- Net Loss-₹28.3 Lakh
FY 2024 · -102% margin
- EBITDA-₹11 Lakh
FY 2024 · -40% margin
- Total Equity Funding$172.12K (USD)
in 4 rounds
- Latest Funding Round$64.34K (USD), Angel Round
Jan 2022
- InvestorsT-Hub
& 8 more
Associated legal entities of Utvyakta Solutions
Utvyakta Solutions operates through Utvyakta Solutions 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 |
|---|---|---|---|---|---|---|---|
| Utvyakta Solutions Private Limited CIN U72900TZ2017PTC028759 | Active | 06 Apr 2017 | Coimbatore, Tamil Nadu | ₹0.3 Cr | – | 3 | View details |
Funding Insights of Utvyakta Solutions
Utvyakta Solutions has successfully raised a total of $172.12K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $64.34 thousand completed in January 2022. 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 $172,118
- Total Rounds 4
- Last Round Angel Round — $64,342
- First Round $71,174
(May 2019)
- Investors Count 9
All 4 funding rounds of Utvyakta Solutions 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 |
|---|---|---|---|---|---|
| Jan 2022 | $64,342 | Angel Round | $973,986 | Prasanna Venkatesh Raghavan | |
| Sep 2020 | – | Seed | $1.42M | T-Hub | – |
| Jan 2020 | $36,602 | Seed | $••••• | ILAD Invest | – |
| May 2019 | $71,174 | Seed | $••••• | ILAD Invest | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $1.42M | •••••••• |
| Jan 2020 | $1.43M | •••••••• |
| May 2019 | $••••• | •••••••• |
Full valuation and stage history of Utvyakta Solutions
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $973,986 (Jan 2022). 9 investors in total: 2 institutional and 7 angel.
Investors in Utvyakta Solutions
Utvyakta Solutions has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include T-Hub, Hakan Kingstedt and Ravi Shankar Chaturvedi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development. | 2015 | t-hub.co | Hyderabad, India | |
- | – | iladinvest.tcc.mode | - | |
HK Hakan Kingstedt | - | – | unknown_0bb6567eca844724b | - |
RS Ravi Shankar Chaturvedi | - | – | unknown_bf4fd0dc0e804cb6b | - |
PV Prasanna Venkatesh Raghavan | - | – | unknown_6261c7650c4b42e58 | - |
GR Ganesh Raja | Angel investor and tech entrepreneur, co-founder of Karomi Technology, focused on SaaS | – | unknown_87a6b4c09c3e4b338 | - |
AP Ashwin Paul | - | – | unknown_cb9e2f33677e42018 | - |
FV Frederik Vyncke | Angel investor and entrepreneur, co-founder of WinZO, focusing on gaming and tech startups. | – | unknown_d6d27c319a7f466ba | - |
GR Ganesh Raja | - | – | unknown_ff9706b479ae48b89 | - |
Investor details for Utvyakta Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Utvyakta Solutions Private Limited (Utvyakta Solutions)
Utvyakta Solutions Private Limited is the primary company behind Utvyakta Solutions. The board of Utvyakta Solutions Private Limited currently have 3 directors; the longest-serving is Akshay, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay DIN 07765362 | Director | 06 Apr 2017 | 9 yrs 6 mo | Utvyakta Solutions Private Limited |
| Ramachandran Saraswathi DIN 07765374 | Director | 06 Apr 2017 | 9 yrs 6 mo | Utvyakta Solutions Private Limited |
| Mathiazagan Gurusamy DIN 08125825 | Director | 06 Oct 2022 | 4 yrs | Utvyakta Solutions Private Limited |
People of Utvyakta Solutions
3 people are tracked at Utvyakta Solutions (3 in leadership).
| Name | Role | Group |
|---|---|---|
Sudhir Ravindramohan | Co Founder | Leadership |
Akshay Ramachandran | Co-Founder & Managing Director | Leadership |
Frederik Vyncke | Co-Founder | Leadership |
Complete people profiles for Utvyakta Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Utvyakta Solutions
Figures of Utvyakta Solutions Private Limited, the primary company behind Utvyakta Solutions, for FY 2024. Revenue was ₹27.9 Lakh (-82% year on year). Net loss was -₹28.3 Lakh (-102% margin). EBITDA was -₹11 Lakh (-40% margin). Revenue has grown at a compounded annual rate of +2% over three years and +46% over five years.
- ₹27.9 LakhRevenue · FY 2024 · -82% YoY
- -₹28.3 LakhNet loss · -102% margin
- -₹11 LakhEBITDA · -40% margin
- ₹77.6 LakhPaid-up capital
- +2%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Utvyakta Solutions Private Limited are on its company page.
Detailed financial statements for Utvyakta Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Utvyakta Solutions
4 dated milestones of Utvyakta Solutions across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Utvyakta Solutions is founded.
- Funding First funding round of $71K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $64K.
Competitors of Utvyakta Solutions
Utvyakta Solutions has 8 listed competitors in our database, 5 of them funded. They include Litmus, Nebeskie, LEANworx, Atsuya and W2W Solutions Italia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| litmus.io | 2013 | Santa Clara, United States | $38.5M | 20 | Real-time data analysis platform for industrial edge computing is offered. | |
| nebeskie.com | 2016 | Chennai, India | $392,882 | – | Edge-enabled IIoT platforms are provided for industrial digitization. | |
| leanworxcloud.com | 2008 | Bengaluru, India | $1.08M | 22 | IoT-based machine monitoring systems are provided for performance tracking. | |
| atsuyatech.com | 2017 | Mumbai, India | $1.01M | 54 | Solutions for tracking and monitoring asset temperatures are provided. | |
| w2wsolutions.it | 2013 | Dalmine, Italy | – | – | Provider of IoT based equipment monitoring systems and solutions | |
| biznustek.biz | 2014 | Bengaluru, India | – | 11 | Offers wastewater treatment systems, consultancy, and zero liquid discharge solutions. | |
| machstatz.com | 2017 | Bengaluru, India | $101,143 | – | An IoT-based analytics platform for machine condition monitoring is provided. | |
| flod.ai | 2015 | Reims, France | – | – | IoT-enabled predictive maintenance solutions for structures are provided. |
Detailed competitors of Utvyakta Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Manufacturing Tech Solutions
10 companies that operate in the same segment as Utvyakta Solutions (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 1.12 B | USD 1.71 B | 975 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, Missouri, United States | USD 806.48 M | USD 4.38 B | 4,353 | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Utvyakta Solutions
Utvyakta Solutions was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Utvyakta Solutions is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Utvyakta Solutions is a funded company, having raised a total of $172.12K across 4 funding rounds to date. The company's 1st funding round was a Seed of $71.17K, raised on May 2019.
The primary company behind Utvyakta Solutions, Utvyakta Solutions Private Limited, reported revenue of ₹27.9 Lakh for FY 2024, down 82% year on year.
Provider of AI and IoT-based air compressor monitoring systems. It offers a cloud-connected IoT platform that tracks compressor status, temperature and pressure, energy consumption, and air and oil filters to monitor the health of the compressors in real-time. It facilitates operational disruptions prediction, remote health monitoring, periodical maintenance insights. It has its use cases in oil and gas, automotive, pharmaceuticals, bottling plants, drilling and construction, and cement factories.
Utvyakta Solutions has 9 investors. Key investors include T-Hub, Hakan Kingstedt, Ravi Shankar Chaturvedi, Prasanna Venkatesh Raghavan, and Ganesh Raja.
The valuation of Utvyakta Solutions is $973.99K as of Jan 2022.
Utvyakta Solutions operates through Utvyakta Solutions Private Limited.
The legal entities of Utvyakta Solutions currently have 3 directors, including Akshay, Mathiazagan Gurusamy, Ramachandran Saraswathi.