UDS - About the company
UDS is a public company based in Chennai (India), founded in 1985 by Raghunandana Tangirala. It operates as a Provider of diversified facility management services. UDS has raised $26M in funding from New Vernon Wealth Management. The company has 9343 active competitors, including 28 funded and 520 that have exited. Its top competitors include companies like CBRE, ISS FS Integrated Solutions and SILA.
Company Details
Provider of diversified facility management services. It offers property management, housekeeping, business & production support, and security services, etc. It offers other services such as warehouse management, general staffing, institutional catering to some of marquee customers.
- Website
- www.uds.in/
- Registered Address
- No. 3, Flat Viswapriya, First Cross Street, Kasturba nagar, Adya, r, Chennai, Chennai, Tamil Nadu, India, 600020
Key Metrics
Founded Year
1985
Location
Chennai, India
Stage
Public
Total Funding
$26M in 3 rounds
Latest Funding Round
Investors
Ranked
12th among 9343 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
105,230 as on Jan 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with UDS
UDS is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Updater Services Limited CIN: L74140TN2003PLC051955 , India, Active | Nov 13, 2003 | ₹1,000+ Cr (As on Mar 31, 2025) | 52053 (As on Jan 31, 2025) | |
TANGI FACILITY SOLUTIONS PRIVATE LIMITED CIN: U74900TN2014PTC097603 , India, Active | Oct 08, 2014 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
BEST SECURITY SERVICES PRIVATE LIMITED CIN: U93090TN1993PTC025150 , India, Active | Jun 01, 1993 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | - | |
STANWORTH MANAGEMENT PRIVATE LIMITED CIN: U90000TN2013PTC092547 , India, Amalgamated | Aug 14, 2013 | ₹10 - ₹50 Cr (As on Mar 31, 2024) | 888 (As on May 01, 2025) | |
UPDATER SERVICES (UDS) FOUNDATION CIN: U74999TN2018NPL121981 , India, Active | Apr 09, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | 52053 (As on Jan 31, 2025) |
UDS's IPO details
UDS got listed on Oct 04, 2023.
Click here to take a look at UDS's IPO in detail
Sign up to download UDS's company profile
UDS's funding and investors
UDS has raised a total funding of $26M over 3 rounds. Its first funding round was on Jan 2005. Its latest funding round was a PE round on Feb 10, 2017 for $*****. 1 investor participated in its latest round. UDS has 3 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of UDS:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 10, 2017 | 9411444 | PE | 6911946 | 4734770 | 7338036 | 8867411 |
Jul 31, 2007 | 8104817 | Series A | 8820346 | 1411931 | 6524069 | 4804165 |
Jan 2005 | 2892402 | Series A | 7796648 | 1502751 | 5944443 |
View details of UDS's funding rounds and investors
UDS's founders and board of directors
Founder? Claim ProfileThe founders of UDS is Raghunandana Tangirala. Joshi Nitesh is the CEO of UDS.
Here are the details of UDS's key team members:
- Raghunandana Tangirala: Founder & Managing Director of UDS. They are also an angel investor in 2 startups and serve on the boards of 3 companies.Contact Info: 1 email address
- Joshi Nitesh: CEO of UDS. Contact Info: 1 email address
UDS's Board of Directors
UDS's board has 9 active members. Raghunandana Tangirala, Amit Choudhary and Vijay Dhanuka are part of team and Sunil Chandiramani, Amitabh Jaipuria, Jigyasa Sharma, Shankar Gopalakrishnan, Sangeeta Sumesh and Pondicherry Chidambaram Balasubramanian are independent board members.Here is the list of UDS's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 7m | |
wulwych | Team | - | Past | 6y 7m |
Investor | Motilal Oswal Private Equity | Current | 9y 4m | |
jvv{jmc | Investor | ikmeml{ | Past | 3y 5m |
Independent board member | - | Current | 3y 4m | |
hhcpynx | Independent board member | - | Current | 2y 7m |
kwnsrvb | Independent board member | - | Current | 1y 7m |
mlhavyk | Independent board member | - | Current | 6y 7m |
jfuvkrd | Independent board member | - | Past | 2y 2m |
wdojiwa | Independent board member | - | Past | 2y 1m |
vrwoxqn | Independent board member | - | Past | 2y 8m |
View details of UDS's Founder profiles and Board Members
UDS's employee count trend
UDS has 105,230 employees as of Jan 25. The total employee count is 6.0% more than what it was in Jan 24. Here is UDS's employee count trend over the years:
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UDS's Competitors and alternates
Top competitors of UDS include CBRE, ISS FS Integrated Solutions and SILA. Here is the list of Top 10 competitors of UDS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CBRE 1906, Dallas (United States), Public | Provider of property management services | - | 72/100 | |
2nd | ISS FS Integrated Solutions 1901, Mumbai (India), Public | Provider of integrated facility management services | - | 70/100 | |
3rd | Provider of facility management, material handling, food catering, real estate advisory, and development services | $146M | 69/100 | ||
4th | Security and Intelligence Services 1998, Delhi (India), Public | Provider of security solutions and business support services | $54.7M | 68/100 | |
5th | FirstMeridian 2005, Bengaluru (India), Series A | Provider of human resources staffing and facility management services | $21.8M | 67/100 | |
6th | G4S 1901, London (United Kingdom), Acquired | Provider of diversified physical security services | $541M | 65/100 | |
7th | Westfield 1959, San Francisco (United States), Acquired | Premier shopping destinations offering fashion, food, leisure, and entertainment | $728M | 65/100 | |
8th | Provider of integrated facility management, emergency response, waste management, and renewable energy solutions | $10M | 63/100 | ||
9th | GDI Integrated Facility Services 1926, Montreal (Canada), Public | Building maintenance & management services provider | $153M | 61/100 | |
10th | ABM 1909, New York City (United States), Public | Exceptional facility services provider | - | - | 61/100 |
12th | Provider of diversified facility management services | $26M | 59/100 |
Looking for more details on UDS's competitors? Click here to see the top ones
UDS's Investments and acquisitions
UDS has made 2 investments in Fusion Foods and Matrix and acquired Athena BPO.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 18, 2023 | Acquisition | 1990 | Mumbai (India) | |
Oct 16, 2017 | Investments | 2008 | Chennai (India) | |
Feb 2017 | Investments | 2003 | Chennai (India) |
See all acquisitions by UDS
Reports related to UDS
Here is the latest report on UDS's sector:
News related to UDS
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Updater Service Standalone December 2023 Net Sales at Rs 350.40 crore, up 2.16% Y-o-YMoneycontrol•Feb 12, 2024•UDS
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Updater Services Secures Rs 288 Crore Through Anchor Placement Ahead Of IPOVerve times•Sep 23, 2023•UDS, ICICI Prudential Life Insurance, Franklin Templeton Investments, Bandhan Mutual Fund and 11 others
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Updater Services Ipo Opens On September 25, Price Band Set At ₹280-300 Per ShareLivemint•Sep 21, 2023•UDS
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