YuTu Electronics

Bengaluru, India Founded: 2017 • Age: 9 yrs
IoT-based smart locks for doors and padlocks are manufactured.
Annual revenue $9,399 Latest available
Total funding $242,187 3 rounds
Employees - Tracked headcount
Investors 17 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About YuTu Electronics

YuTu Electronics is a company based in Bengaluru (India) founded in 2017 by Abhishek Srivastava and Amit Didwania. YuTu Electronics has raised $242.19 thousand across 3 funding rounds from investors including Swedium Global, Manish Bahl and Shivaprakash Kainthaje Ramachandra. YuTu Electronics operates in a competitive market with competitors including Assa Abloy, Level, igloohome, Gate Labs and Lockin, among others.

  • Headquarter Bengaluru, India
  • Founders Abhishek Srivastava, Amit Didwania
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Yutu Electronics Private Limited
  • Date of Incorporation 08 Aug, 2017
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.4 K (USD)
    0
    as on Mar 31, 2021
  • Net Profit
    -$48.14 K (USD)
    -33
    as on Mar 31, 2021
  • EBITDA
    -$58.51 K (USD)
    -47
    as on Mar 31, 2021
  • Total Equity Funding
    $242.19 K (USD)

    in 3 rounds

  • Latest Funding Round
    $54.79 K (USD), Seed

    Jan 27, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of YuTu Electronics

YuTu Electronics has successfully raised a total of $242.19K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $54.79 thousand completed in January 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.

Investors in YuTu Electronics

YuTu Electronics has secured backing from 17 investors, including institutional and angel investors. Prominent investors backing the company include Swedium Global, Manish Bahl and Shivaprakash Kainthaje Ramachandra.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Semiconductor engineering R&D and embedded system development services are provided.
Locked Locked Locked

Manish Bahl

Angel investor and startup mentor with focus on tech and innovation in India.
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Shivaprakash Kainthaje Ramachandra

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Investor details for YuTu Electronics

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Investments & Acquisitions by YuTu Electronics

Investments
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Investment portfolio details for YuTu Electronics

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Financial Statements - YuTu Electronics

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Detailed financials for YuTu Electronics

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Yutu Electronics Comparisons

YuTu Electronics Primary company
Description
IoT-based smart locks for doors and padlocks are manufacture...
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
$9.4 K (USD)
Net Profit
-$48.14 K (USD)
EBITDA
-$58.51 K (USD)
Employees
Not available
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Peer comparison for YuTu Electronics

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Competitors of YuTu Electronics

YuTu Electronics 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 Assa Abloy, Level, igloohome, Gate Labs and Lockin, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of cloud-based access control systems
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Smart locks are designed and sold by Level.
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Keyless smart locks are developed for consumer and commercial applications.
Locked Locked Locked
Camera-equipped smart locks are developed for home entry.
Locked Locked Locked
Smart lock and security systems are installed and provided.
Locked Locked Locked
Cloud-based smart door locks are manufactured for remote access.
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Detailed competitors of YuTu Electronics

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Latest news on Yutu Electronics

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Complete news archive for YuTu Electronics

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Frequently Asked Questions about YuTu Electronics

YuTu Electronics was founded in 2017 and raised its 1st funding round 1 year after it was founded.

YuTu Electronics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Abhishek Srivastava is the current CEO of YuTu Electronics. They have also founded this company.

YuTu Electronics is a funded company, having raised a total of $242.19K across 3 funding rounds to date.

Annual revenue of YuTu Electronics is $9.4K as on Mar 31, 2021.

YuTu Electronics was founded in 2017 in Bengaluru, India, focusing on the manufacturing of IoT-enabled security devices. The product range encompasses fingerprint and Bluetooth door locks along with padlocks, which can be accessed through passcodes, cards, mobile applications, or mechanical keys. USB power is supported, and remote management is facilitated via a Wi-Fi gateway in the electronics sector.

YuTu Electronics's top competitors include igloohome, Assa Abloy and Level.

YuTu Electronics has 17 investors. Key investors include Swedium Global, Manish Bahl, Shivaprakash Kainthaje Ramachandra, Piyush Jain, and Sonal Agarwal.

The valuation of YuTu Electronics is $248.28K as of Jan 2020.

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