Uxit Solutions

Bengaluru, India Founded: 2018 • Age: 8 yrs
Offers a comprehensive suite of IT services to enhance daily business operations.

About Uxit Solutions

Uxit Solutions was a Technology company based in Bengaluru (India) founded in 2018 by Sandeep Upadhyaya. It offers a comprehensive suite of IT services to enhance daily business operations. It operates on a B2B model. Its chief executive, as recorded, is Sandeep Upadhyaya. Its Indian entity Uxit Solutions Private Limited reported revenue of β‚Ή2.2 Lakh. The company is recorded as dissolved. Its focus areas include Information Technology, IT Services and Business Operations Support. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Uxit Solutions offers a comprehensive suite of it services to enhance daily business operations through leveraging cutting-edge technology, information technology, providing IT services, and business operations support. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹2.2 Lakh

    FY 2020 · +21500% YoY

  • Net Loss
    -₹87,996

    FY 2020 · -41% margin

  • EBITDA
    -₹2.9 Lakh

    FY 2020 · -134% margin

  • Investors

Funding Insights of Uxit Solutions

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Uxit Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Uxit Solutions

Uxit Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Karnataka.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for Uxit Solutions

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 Uxit Solutions Private Limited (Uxit Solutions)

Uxit Solutions Private Limited is the primary company behind Uxit Solutions. The board of Uxit Solutions Private Limited currently have 3 directors; the longest-serving is Mrinal Dinesh Rao, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Mrinal Dinesh Rao
DIN 07321739
Director12 Jul 20188 yrs 4 moUxit Solutions Private Limited
Upadhyaya Sandeep Shivaram
DIN 08178579
Director12 Jul 20188 yrs 4 moUxit Solutions Private Limited
Krishna Arun Kumar
DIN 03390969
Director24 Oct 20188 yrsUxit Solutions Private Limited

People of Uxit Solutions

1 people are tracked at Uxit Solutions (1 in leadership).

NameRoleGroup
Co-Founder, CEOLeadership
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Complete people profiles for Uxit Solutions

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Financials of Uxit Solutions

Figures of Uxit Solutions Private Limited, the primary company behind Uxit Solutions, for FY 2020. Revenue was ₹2.2 Lakh (+21500% year on year). Net loss was -₹87,996 (-41% margin). EBITDA was -₹2.9 Lakh (-134% margin).

  • ₹2.2 LakhRevenue · FY 2020 · +21500% YoY
  • -₹87,996Net loss · -41% margin
  • -₹2.9 LakhEBITDA · -134% margin
  • ₹1.5 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Uxit Solutions Private Limited are on its company page.

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Detailed financial statements for Uxit Solutions

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

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Timeline of Uxit Solutions

2 dated milestones of Uxit Solutions across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Uxit Solutions is founded.
  2. Funding First funding round.

Competitors of Uxit Solutions

Uxit Solutions has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Uxit Solutions

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  • Operating metrics
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  • Competitive positioning

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Frequently Asked Questions about Uxit Solutions

Uxit Solutions was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Uxit Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sandeep Upadhyaya is the CEO of Uxit Solutions, as recorded in our data. They have also founded this company.

The primary company behind Uxit Solutions, Uxit Solutions Private Limited, reported revenue of β‚Ή2.2 Lakh for FY 2020, up 21500% year on year.

Uxit Solutions offers a comprehensive suite of it services to enhance daily business operations through leveraging cutting-edge technology, information technology, providing IT services, and business operations support. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

Uxit Solutions's top competitors include Happiest Minds and Datamatics.

Uxit Solutions has 1 investor. Key investors include Startup Karnataka.

Uxit Solutions operates through Uxit Solutions Private Limited.

The legal entities of Uxit Solutions currently have 3 directors, including Krishna Arun Kumar, Mrinal Dinesh Rao, Upadhyaya Sandeep Shivaram.

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