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.

How many employees does UDS have?

As of Jan 31, 2025, UDS has 105230 employees, reflecting a 6% year-over-year growth in headcount.

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 ₹2,770Cr as on Mar 31, 2025.

Where does UDS rank among its competitors?

UDS ranks 11th amongst 8929 active competitors, of which 28 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Colliers, which secured $3.55M in Jul, 2025.

Who are the top competitors of UDS?

UDS's top competitors include SILA, CBRE and ISS FS Integrated Solutions. Among them, Colliers secured the most recent funding round in July, 2025.

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

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

11^th among 8929 active competitors

Annual Revenue

₹2,770Cr as on Mar 31, 2025

Employee Count

105,230 as on Jan 31, 2025

Investment & Acquisitions

Athena BPO & 5 more

Similar Companies

SILA & 9594 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
Updater Services Limited CIN: L74140TN2003PLC051955 , India, Active	Nov 13, 2003	$328M (As on Mar 31, 2025)	52053 (As on Jan 31, 2025)
TANGI FACILITY SOLUTIONS PRIVATE LIMITED CIN: U74900TN2014PTC097603 , India, Active	Oct 08, 2014	$1.4M (As on Mar 31, 2025)	-
BEST SECURITY SERVICES PRIVATE LIMITED CIN: U93090TN1993PTC025150 , India, Active	Jun 01, 1993	$4.62M (As on Mar 31, 2024)	-
STANWORTH MANAGEMENT PRIVATE LIMITED CIN: U90000TN2013PTC092547 , India, Active	Aug 14, 2013	$4.04M (As on Mar 31, 2024)	1124 (As on Jan 31, 2025)
UPDATER SERVICES (UDS) FOUNDATION CIN: U74999TN2018NPL121981 , India, Active	Apr 09, 2018	$14.2K (As on Mar 31, 2025)	52053 (As on Jan 31, 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	2726734	PE	5769738	5257291	5807047	8303651
Jul 31, 2007	1430412	Series A	9378104	7208373	7300248	5077946
Jan 2005	4462690	Series A	5631262	7815128	New Vernon Wealth Management	6267660

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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.
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
Raghunandana Tangirala	Team	-	Current	12y 4m
kxagami	Team	-	Past	9y 3m
Vijay Dhanuka	Investor	Motilal Oswal Private Equity	Current	9y 1m
mpnb{fe	Investor	xesy{tc	Past	8y 7m
Amitabh Jaipuria	Independent board member	-	Current	3y 0m
llow{ml	Independent board member	-	Current	5y 8m
wlcmyxn	Independent board member	-	Current	2y 9m
agqisdh	Independent board member	-	Current	5y 6m
vxhleny	Independent board member	-	Past	1y 1m
ueibpmz	Independent board member	-	Past	7y 9m
kpiuiut	Independent board member	-	Past	3y 9m

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 SILA, CBRE and ISS FS Integrated Solutions. 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	SILA 2010, Mumbai (India), Series A	Provider of facility & project management, advisory, general contracting, and real estate development services	$17.8M	Norwest, JCK group & 22 others	73/100
2nd	CBRE 1906, Dallas (United States), Public	Provider of property management services	-	AllianceBernstein, Drona Capital & 2 others	72/100
3rd	ISS FS Integrated Solutions 1901, Mumbai (India), Public	Provider of integrated facility management services	-	Ardian, Actera Group & 2 others	71/100
4th	Security and Intelligence Services 1998, Delhi (India), Public	Provider of security solutions and business support services	$54.7M	CX Partners, CX Partners & 1 others	67/100
5th	G4S 1901, London (United Kingdom), Acquired	Provider of diversified physical security services	$541M	NTIA, Agile Capital & 3 others	64/100
6th	ABM 1909, New York City (United States), Public	Exceptional facility services provider	-	-	64/100
7th	GDI Integrated Facility Services 1926, Montreal (Canada), Public	Building maintenance & management services provider	$153M	Birch Hill Equity Partners, Jordan Industries International ... Read more	61/100
8th	Colliers 1976, Toronto (Canada), Public	Provider of diversified professional and investment management services	-	The National Investor, Capital West Partners ... & 1 others	60/100
9th	FirstMeridian 2005, Bengaluru (India), Series A	Provider of end-to-end HR solutions	$21.8M	Seedthree Trading, New Lane Trading & 106 others	60/100
10th	BVG India 1993, Pune (India), Early Stage	Provider of facility management, emergency response, solid waste management, and renewable energy services	$10M	Kotak Investment Advisors, 3i Group & 40 others	60/100
11th	UDS 1985, Chennai (India), Public	Provider of diversified facility management services	$26M	ICICI Venture, New Vernon Wealth Management ... & 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)