
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 βΉ2.2 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.
- Headquarters Bengaluru, India
- Founders Sandeep Upadhyaya
- SectorsTechnology
- Website uxitsolutions.com
- Legal Name Uxit Solutions Private Limited
- Date of Incorporation 12 Jul, 2018
- Jurisdiction Bengaluru, Karnataka, India
- 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
Associated legal entities of Uxit Solutions
Uxit Solutions operates through Uxit Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Uxit Solutions Private Limited CIN U72900KA2018PTC114730 | Strike Off | 12 Jul 2018 | Bengaluru, Karnataka | ₹0.0 Cr | 3 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | Grant | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mrinal Dinesh Rao DIN 07321739 | Director | 12 Jul 2018 | 8 yrs 4 mo | Uxit Solutions Private Limited |
| Upadhyaya Sandeep Shivaram DIN 08178579 | Director | 12 Jul 2018 | 8 yrs 4 mo | Uxit Solutions Private Limited |
| Krishna Arun Kumar DIN 03390969 | Director | 24 Oct 2018 | 8 yrs | Uxit Solutions Private Limited |
People of Uxit Solutions
1 people are tracked at Uxit Solutions (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership |
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
Verified entity values are shown only after access is granted.
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.
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
Verified entity values are shown only after access is granted.
Timeline of Uxit Solutions
2 dated milestones of Uxit Solutions across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Uxit Solutions is founded.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Uxit Solutions
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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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 βΉ2.2 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.