When was UDS founded?

UDS was founded in 1985 and raised its 1st funding round 20 years after it was founded.

Where is UDS located?

UDS is headquartered in Chennai, India. It is registered at No. 3, Flat Viswapriya, First Cross Street, Kasturba nagar, Adya, r, Chennai, Chennai, Tamil Nadu, India, 600020.

Which legal entities is UDS associated with?

UDS is associated with Updater Services Limited and 4 others.

How many employees does UDS have?

As of Jan 31, 2025, the latest employee count at UDS is 105230.

Is UDS a funded company?

UDS is a funded company, having raised a total of $26M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 2005.

When was the latest funding round of UDS?

UDS's latest funding was a $***** PE round on Feb 10, 2017, with participation from 1 investor.

What is the annual revenue of UDS?

Annual revenue of UDS is more than ₹1,000 Cr as on Mar 31, 2025

Where does UDS rank among its competitors?

UDS ranks 10th amongst 10276 active competitors, of which 28 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was SILA, which secured $100M in Apr, 2026.

Who are the top competitors of UDS?

UDS's top competitors include ISS FS Integrated Solutions, CBRE and SIS Group Enterprises. Among them, SILA secured the most recent funding round in April, 2026.

UDS - 2026 Company Profile, Team, Funding, Competitors & Financials

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 10276 active competitors, including 28 funded and 556 that have exited. Its top competitors include companies like ISS FS Integrated Solutions, CBRE and SIS Group Enterprises.

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/
Social
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

PE, Feb 10, 2017, $*****

Investors

New Vernon Wealth Management & 7 more

Ranked

10^th among 10276 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

105,230 as on Jan 31, 2025

Investment & Acquisitions

Athena BPO & 5 more

Similar Companies

ISS FS Integrated Solutions & 10942 more

Exit Details

Public

View UDS's full profile

UDS is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
BEST SECURITY SERVICES PRIVATE LIMITED CIN: U93090TN1993PTC025150 , India, Active	Jun 01, 1993	₹50 - ₹100 Cr (As on Mar 31, 2025)	-
Updater Services Limited CIN: L74140TN2003PLC051955 , India, Active	Nov 13, 2003	₹1,000+ Cr (As on Mar 31, 2025)	52053 (As on Jan 31, 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)
TANGI FACILITY SOLUTIONS PRIVATE LIMITED CIN: U74900TN2014PTC097603 , India, Active	Oct 08, 2014	₹10 - ₹50 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)

UDS got listed on Oct 04, 2023.

Click here to take a look at UDS's IPO in detail

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	5413557	PE	7419519	3375302	8700691	7189683
Jul 31, 2007	7993917	Series A	6581373	2431359	2076169	5138132
Jan 2005	4821388	Series A	1282703	4725142	New Vernon Wealth Management	2547036

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View details of UDS's funding rounds and investors

The 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.
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, Shankar Gopalakrishnan, Amitabh Jaipuria, Jigyasa Sharma, 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
Raghunandana Tangirala	Team	-	Current	12y 9m
rtmcyqr	Team	-	Past	1y 8m
Vijay Dhanuka	Investor	Motilal Oswal Private Equity	Current	9y 6m
idnxzvw	Investor	x{dovge	Past	4y 5m
Amitabh Jaipuria	Independent board member	-	Current	3y 6m
kxxsspu	Independent board member	-	Current	2y 5m
jdyhee{	Independent board member	-	Current	9y 8m
mthvrjd	Independent board member	-	Current	3y 2m
cbkxe{s	Independent board member	-	Past	5y 7m
jgcmmnh	Independent board member	-	Past	4y 3m
irmbkrb	Independent board member	-	Past	4y 5m

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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Top competitors of UDS include ISS FS Integrated Solutions, CBRE and SIS Group Enterprises. Here is the list of Top 10 competitors of UDS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ISS FS Integrated Solutions 1901, Mumbai (India), Public	Provider of integrated facility management services	-	Actera Group, Europa	70/100
2nd	CBRE 1906, Dallas (United States), Public	Provider of property management services	-	AllianceBernstein, Drona Capital & 3 others	68/100
3rd	SIS Group Enterprises 1985, Delhi (India), Public	Provider of security solutions and business support services	$54.7M	CX Partners, CX Partners & 2 others	69/100
4th	Westfield 1959, San Francisco (United States), Acquired	Premier shopping destinations offering fashion, food, leisure, and entertainment	$728M	Societe Generale, CPP Investments & 2 others	65/100
5th	SILA 2010, Mumbai (India), Series B	Provider of facility management, material handling, food catering, real estate advisory, and development services	$146M	Norwest, Norwest Venture Partners & 28 others	64/100
6th	BVG India 1993, Pune (India), Early Stage	Provider of integrated facility management, emergency response, waste management, and renewable energy solutions	$10M	Kotak Investment Advisors, 3i Group & 40 others	63/100
7th	FirstMeridian 2005, Bengaluru (India), Series B	Provider of human resources staffing and facility management services	$32.5M	Seedthree Trading, New Lane Trading & 106 others	63/100
8th	Colliers 1976, Toronto (Canada), Public	Provider of diversified professional and investment management services	-	Brookline Bank, Capital West Partners	62/100
9th	OCS 1900, Crawley (United Kingdom), Acquired	Provider of facilities management services	-	CD&R, Mianach Venture Capital & 1 others	60/100
10th	UDS 1985, Chennai (India), Public	Provider of diversified facility management services	$26M	New Vernon Wealth Management, Motilal Oswal Private Equity ... & 6 others	59/100

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UDS has made 2 investments in companies including Fusion Foods and Matrix. UDS has also acquired 4 companies including Athena BPO and Denave.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 18, 2023	Acquisition	Athena BPO	1990	Mumbai (India)
Nov 15, 2021	Acquisition	Denave	1999	Noida (India)
Sep 20, 2019	Acquisition	Washroom Hygiene	2007	Delhi (India)