About VDT
VDT is a company based in Noida (India) founded in 2017. VDT has raised $870.64 thousand across 4 funding rounds from investors including ONGC and GAIL. The company has 23 employees as of March 30, 2024. VDT offers products and services including Cleaning PIG, VDT Foam Pigs, MFL Inspection Tool, and PIG Trackers. VDT operates in a competitive market with competitors including Kinder Morgan, Pembina Pipeline Corporation, Par Pacific, Cheniere Energy and EGFL, among others.
- Headquarter Noida, India
- Employees 23 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Energy & Utilities
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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 Vdt Pipeline Integrity Solutions Private Limited
- Date of Incorporation 31 Aug, 2017
- Jurisdiction Vadodara, Gujarat, India
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Annual Revenue
$187.48 K (USD)154.3as on Mar 31, 2023
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Net Profit
$5.1 K (USD)109.38as on Mar 31, 2023
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EBITDA
$10.1 K (USD)127.5as on Mar 31, 2023
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Total Equity Funding
$870.64 K (USD)
in 4 rounds
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Latest Funding Round
$241.59 K (USD), Seed
Jan 05, 2023
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Investors
ONGC
& 1 more
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Employee Count
23
as on Mar 30, 2024
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Products & Services of VDT
VDT offers a comprehensive portfolio of products and services, including Cleaning PIG, VDT Foam Pigs, MFL Inspection Tool, and PIG Trackers.
Tools designed for effective cleaning of oil and gas pipelines.
Foam pigs for low, medium, and high-density pipeline cleaning tasks.
Patented tool for detecting pipeline defects in oil and gas.
Devices to track and manage pipeline pigs during operations.
Funding Insights of VDT
VDT has successfully raised a total of $870.64K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $241.59 thousand completed in January 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 VDT
VDT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ONGC and GAIL.
| Investor | Description | Founded Year | Domain | Location |
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Provider of crude oil & natural gas exploration and production services
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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Investor details for VDT
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Investments & Acquisitions by VDT
Investment portfolio details for VDT
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Financial Statements - VDT
Detailed financials for VDT
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Vdt Comparisons
Peer comparison for VDT
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Competitors of VDT
VDT 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 Kinder Morgan, Pembina Pipeline Corporation, Par Pacific, Cheniere Energy and EGFL, among others.
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Energy infrastructure services are provided by Kinder Morgan.
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Oil and gas transportation pipelines are operated across Canada.
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Par Pacific is engaged in energy refining and retail operations.
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Oil and gas production and transportation services are provided.
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Investments are directed toward energy, infrastructure, mining, and technology sectors.
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Oil and gas are transported via pipelines by the company.
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Detailed competitors of VDT
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Latest news on Vdt
Complete news archive for VDT
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Frequently Asked Questions about VDT
VDT was founded in 2017 and raised its 1st funding round 2 years after it was founded.
VDT is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
VDT is a funded company, having raised a total of $870.64K across 4 funding rounds to date.
As of Mar 30, 2024, the latest employee count at VDT is 23.
Annual revenue of VDT is $187.48K as on Mar 31, 2023.
VDT was founded in 2017 and is based in Noida, India. Pipeline-based services are offered to the oil and gas sector, with focus placed on pipeline integrity, intervention, project management, and field services. Additional provisions include diversified cleaning operations, batching pig parts, and trackers. Operations are managed under the leadership of Managing Director Bhuvanesh Sharma.
VDT's top competitors include Kinder Morgan, Cheniere Energy and Par Pacific.
VDT offers Cleaning PIG, VDT Foam Pigs, MFL Inspection Tool, and PIG Trackers.
The valuation of VDT is $3.66M as of Jun 2021.