About Vikas Setu
Vikas Setu is a company based in Bengaluru (India) founded in 2020. It operates as a B2C. The company has 1 employees. Vikas Setu operates in a competitive market with competitors including Thumbtack, Urban Company, TaskRabbit, Jeff and Daojia Group, among others.
- Headquarter Bengaluru, India
- Employees 1
- SectorsBusiness Services
- Website vikassetu.com
- Social X
- Legal Name Vikas Setu Private Limited
- Date of Incorporation 07 Aug, 2020
- Jurisdiction Kalkere, Karnataka, India
- Annual Revenue₹0.26 Cr
FY 2023
- Net Profit₹0.08 Cr
FY 2023 · 31% margin
- EBITDA₹0.08 Cr
FY 2023 · 31% margin
- Employee Count1
Associated legal entities of Vikas Setu
Vikas Setu operates through Vikas Setu Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vikas Setu Private Limited CIN U72900KA2020PTC136963 | Active | 07 Aug 2020 | Kalkere, Karnataka | ₹0.3 Cr | – | 3 | View details |
Board of directors of Vikas Setu Private Limited (Vikas Setu)
Vikas Setu Private Limited is the primary company behind Vikas Setu. The board of Vikas Setu Private Limited currently have 3 directors; the longest-serving is Paresh Parasia, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paresh Parasia DIN 08825248 | Director | 07 Aug 2020 | 6 yrs 2 mo | Vikas Setu Private Limited |
| Yogesh Amrutlal Patel DIN 08825247 | Director | 07 Aug 2020 | 6 yrs 2 mo | Vikas Setu Private Limited |
| Kirtikumar Pokar Hardik DIN 08924042 | Director | 09 Dec 2020 | 5 yrs 9 mo | Vikas Setu Private Limited |
Financials of Vikas Setu
Figures of Vikas Setu Private Limited, the primary company behind Vikas Setu, for FY 2023. Revenue was ₹0.26 Cr. Net profit was ₹0.08 Cr (31% margin). EBITDA was ₹0.08 Cr (31% margin).
- ₹0.26 CrRevenue · FY 2023
- ₹0.08 CrNet profit · 31% margin
- ₹0.08 CrEBITDA · 31% margin
- ₹0.03 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Vikas Setu Private Limited are on its company page.
Detailed financial statements for Vikas Setu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Vikas Setu
Vikas Setu 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 Thumbtack, Urban Company, TaskRabbit, Jeff and Daojia Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thumbtack.com | 2008 | San Francisco, United States | $698.85M | 641 | App based platform to connect users with local service professionals | |
| urbancompany.com | 2014 | Gurugram, India | $376.49M | 1,213 | Customers are connected with vetted professionals for on-demand home services. | |
| taskrabbit.com | 2008 | San Francisco, United States | $37.78M | 270 | Online platform that connects users with local independent taskers | |
| jeff.com | 2015 | Valencia, Spain | $119.71M | – | Local services are searched and booked online via the platform. | |
| daojia.com | 2014 | Beijing, China | $550M | – | Online platform that provides multiple local services | |
| getspruce.com | 2015 | Austin, United States | $39M | 27 | On-demand local services are booked via an online marketplace. | |
| ouredenlife.com | 2019 | Lagos, Nigeria | $1.4M | – | Eden is focused on enhancing life with ease. | |
| onedios.com | 2019 | Noida, India | $2.26M | 74 | Local services are facilitated through an online marketplace platform. | |
| servicemarket.com | 2013 | Dubai, United Arab Emirates | $7.5M | – | Multiple local services are facilitated through an app-based marketplace. |
Detailed competitors of Vikas Setu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Similar companies to Vikas Setu
10 companies that operate in the same segment as Vikas Setu (Professional Consumer Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Provider of anAI-driven travel planning & recommendation platform | 2014 | London, England, United Kingdom | USD 64.39 M | USD 10.21 M | 51 | |
Water treatment and hygiene solutions are provided for various industries. | 1998 | Fort Mill, South Carolina, United States | USD 488.25 M | USD 88.99 M | 491 | |
On-demand laundry, dry cleaning, and garment care services are provided. | 2015 | Seoul, South Korea | USD 23.75 M | – | – | |
Provider of veterinary services | 1999 | Diss, Norfolk, United Kingdom | – | USD 942.43 M | 8,820 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | – | USD 516.88 M | 14,600 | |
Rollins, Inc. is engaged in providing pest control services worldwide. | 1948 | Atlanta, Georgia, United States | – | USD 3.76 B | 20,270 | |
Website access management solutions are provided to block bot traffic. | 1844 | Manchester, Greater Manchester, United Kingdom | USD 492.88 M | – | 70,000 | |
Car washing services are booked via an online subscription platform. | 2004 | Springdale, Arkansas, United States | USD 70 M | – | – | |
AI-powered healthcare solutions for Medicare beneficiaries are provided. | 2020 | New York, New York, United States | USD 167.16 M | – | – |
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Frequently Asked Questions about Vikas Setu
Vikas Setu was founded in 2020.
Vikas Setu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vikas Setu has 1 employees.
The primary company behind Vikas Setu, Vikas Setu Private Limited, reported revenue of ₹0.26 Cr for FY 2023.
Vikas Setu, established in 2020, excels in providing essential services, home services, on-demand hiring, and providing professional services. Provides an online platform to hire various home service professionals conveniently. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Vikas Setu's top competitors include Urban Company, Thumbtack and TaskRabbit.
Vikas Setu operates through Vikas Setu Private Limited.
The legal entities of Vikas Setu currently have 3 directors, including Kirtikumar Pokar Hardik, Paresh Parasia, Yogesh Amrutlal Patel.