About Uvik Technologies
Uvik Technologies is a company based in Bengaluru (India) founded in 2019 by Rahul Hirve was acquired by Infibeam Avenues in February 2022. Uvik Technologies has raised $964.59 thousand across 2 funding rounds from investors including Infibeam Avenues and Season Two Ventures. The company has 19 employees as of April 05, 2024. Uvik Technologies operates in a competitive market with competitors including PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 05 Apr, 2024
- Founders Rahul Hirve
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Uvik Technologies Private Limited
- Date of Incorporation 15 Jul, 2019
- Jurisdiction Gandhi Nagar, Gujarat, India
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Annual Revenue
$44.69 K (USD)1026.22as on Mar 31, 2022
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Net Profit
-$262.38 K (USD)33.28as on Mar 31, 2022
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EBITDA
-$254.33 K (USD)35.36as on Mar 31, 2022
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Total Equity Funding
$964.59 K (USD)
in 2 rounds
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Latest Funding Round
$475.34 K (USD), Seed
Dec 21, 2020
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Investors
Infibeam Avenues
& 1 more
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Employee Count
19
as on Apr 05, 2024
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Acquired by
Infibeam Avenues
(Feb 07, 2022)
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Funding Insights of Uvik Technologies
Uvik Technologies has successfully raised a total of $964.59K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $475.34 thousand completed in December 2020. 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 Seed — $475,343
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First Round
First Round
(30 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Uvik Technologies | Valuation | Season Two Ventures |
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| Dec, 2019 | Amount | Seed - Uvik Technologies | Valuation | Season Two Ventures |
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Investors in Uvik Technologies
Uvik Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Infibeam Avenues and Season Two Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed towards early-stage and growth-stage B2B sectors, including technology, fintech, and healthcare.
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Founded Year | Domain | Location | |
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Digital payment solutions and enterprise software platforms are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by Uvik Technologies
Financial Statements - Uvik Technologies
Uvik Technologies Comparisons
Competitors of Uvik Technologies
Uvik Technologies 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 PayRange, FreedomPay, CM Telecom, QueueBuster and CardSpring, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile payments for vending machines are facilitated via smartphone app.
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| domain | founded_year | HQ Location |
Online payment gateway and MPOS solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Provider of engagement platform with AI agents and unified data tools
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| domain | founded_year | HQ Location |
All-in-one POS and business management system is provided.
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| domain | founded_year | HQ Location |
Mobile applications are connected to payment cards via APIs.
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| domain | founded_year | HQ Location |
Android devices are converted into POS systems for contactless payments.
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Latest news on Uvik Technologies
Frequently Asked Questions about Uvik Technologies
Uvik Technologies was founded in 2019.
Uvik Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rahul Hirve is the current CEO of Uvik Technologies. They have also founded this company.
Uvik Technologies is a funded company, having raised a total of $964.59K across 2 funding rounds to date. The company's 1st funding round was a Seed of $489.25K, raised on Dec 30, 2019.
As of Apr 05, 2024, the latest employee count at Uvik Technologies is 19.
Annual revenue of Uvik Technologies is $44.69K as on Mar 31, 2022.
Founded in 2019 in Bengaluru, India, Uvik Technologies operates in the fintech sector, delivering a mobile-based POS application. This tool supports various retail businesses, including grocery stores, salons, restaurants, and cab services. Payments are processed through credit and debit cards, bank transfers, and other methods by simply tapping cards to the phones back. Operations focus on simplifying transactions for small-scale merchants.
Uvik Technologies's top competitors include PayRange, FreedomPay and CM Telecom.
Uvik Technologies has 2 investors. Key investors include Infibeam Avenues, and Season Two Ventures.
The valuation of Uvik Technologies is $3.4M as of Dec 2020.