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upliance - About the company

upliance is a seed company based in Bengaluru (India), founded in 2021 by Mahek Mody, Mohit Sharma and Mahek Mody. It operates as a Manufacturer of AI-powered automated cooking appliances. upliance has raised $5.72M in funding from investors like Khosla Ventures, Draper and Rainmatter, with a current valuation of $*****. The company has 15 active competitors, including 3 that are funded. Its top competitors include companies like Nosh, Klynk and FuturisticBots.

Company Details

Manufacturer of AI-powered automated cooking appliances. These appliances automate multiple cooking functions, including chopping, stirring, and cooking complete meals within a single jar. The devices utilize patented technology for optimal nutrition retention and feature touchscreen interfaces with built-in recipes and step-by-step instructions. Connectivity features enable software updates, recipe additions, and remote control via a mobile application. The appliances are designed for ease of use and require minimal user interaction during the cooking process. A warranty covers manufacturing defects, and extended software support is provided.
Social
X
Email ID
*****@upliance.ai
Phone Number
+91 **********
Registered Address
702, Florentine, A Wing, Powai Hiranandani Garden, Mumbai City, Mumbai, Maharashtra, India, 400076
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$5.72M in 3 rounds
Post Money Valuation
$***** as on Aug 10, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
49 as on Aug 31, 2025
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upliance's funding and investors

upliance has raised a total funding of $5.72M over 3 rounds. Its first funding round was on Dec 13, 2021. Its latest funding round was a Grant (prize money) round on Jul 18, 2024 for $*****. 1 investor participated in its latest round. upliance has 10 institutional investors and 25 angel investors.

Here is the list of recent funding rounds of upliance:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 18, 2024
3369125
Grant (prize money)
4190985
2393685
1879587
2827125
Dec 08, 2023
2116133
Seed
6595284
3334242
7528060
Dec 13, 2021
2634225
Seed
1290692
9979349
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upliance's founders and board of directors

Founder? Claim Profile
The founders of upliance are Mahek Mody, Mohit Sharma and Mahek Mody. Mahek Mody and Mahek Mody are the CEOs of upliance.
Here are the details of upliance's key team members:

upliance's Board of Directors

upliance's board has 2 active members. Mahek Mody and Mohit Sharma are part of team.
Here is the list of upliance's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 4m
Team
-
Current
5y 4m

upliance's employee count trend

upliance has 49 employees as of Aug 25. The total employee count is the same as what it was in Aug 24. Here is upliance's employee count trend over the years:
Employee count trend for upliance
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upliance's Competitors and alternates

Top competitors of upliance include Nosh, Klynk and FuturisticBots. Here is the list of Top 10 competitors of upliance, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for upliance
upliance
2021, Bengaluru (India), Seed
Manufacturer of AI-powered automated cooking appliances
$5.72M
46/100
2nd
Logo for Nosh
Nosh
2017, Bengaluru (India), Seed
Manufacturer of automated cooking appliances for preparing customized recipes at home
$1.5M
44/100
3rd
Logo for Klynk
Klynk
2017, Hyderabad (India), Unfunded
Developer of AI-powered automated cooking appliances and a recipe platform
-
-
41/100
4th
Logo for FuturisticBots
FuturisticBots
2022, Noida (India), Unfunded
Autonomous mobile robot solutions for various industries
-
-
37/100
5th
Logo for Dosamatic
Dosamatic
2013, Bengaluru (India), Funding Raised
Provider of an automated dosa-making machine
-
33/100
6th
Logo for Mechanical Chef
Mechanical Chef
2016, Bengaluru (India), Funding Raised
Provider of a connected cooking robot
-
32/100
7th
Logo for Aufla
Aufla
2019, Solapur (India), Unfunded
Internet first brand of electric cooker
-
-
27/100
8th
Logo for Generation Infinite Machines
Generation Infinite Machines
2017, Chennai (India), Seed
Provider of smart cooking solution
$136K
25/100
9th
Logo for TIVA Life Products
TIVA Life Products
2017, Bengaluru (India), Unfunded
Offering IoT -based brew and cooking devices
-
-
24/100
10th
Logo for MaraManishi
MaraManishi
2019, Hyderabad (India), Unfunded
Robotics research firm specializing in cooking robots, AgriTech solutions, IoT, AI/ML/DL, and animatronics
-
-
24/100
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upliance's Latest cap tables and shareholding

Founders (largest shareholder) own 45.20%, Funds own 34.23%, Enterprises own 0.25% and Angels own 3.94%. The net worth of upliance's founders is INR 58.2Cr as of Aug 10, 2024. The cap table displayed below is for REACT LABS PRIVATE LIMITED which is the legal entity associated with upliance.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
45.20%
58.2Cr
2361031
7467838
5298531
3963021
5272315
1799590
8974368
8650337
8462530
9993146
6063025
7171605
8311621
8431758
7316776
8825673
Fund
34.23%
44.1Cr
6521860
3467578
5281646
9382424
7679490
3694294
9099680
4634536
9861003
8263709
8718
5602
3834
9510
3639
3790
576
610
422
203
390
875
Enterprise
0.25%
32.6L
0
0
0
0
Angel
3.94%
5.09Cr
301
137
449
471
ESOP Pool
16.37%
21.1Cr
8415513
5047958
3870670
1926289
Total
99.99%
129Cr
8678801
5517266
6076501
4110155
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

upliance's Investments and acquisitions

upliance has made no investments or acquisitions yet.

Reports related to upliance

Here is the latest report on upliance's sector:

News related to upliance

•
VC firms bet on growing smart home marketFinancial Express•Feb 17, 2025•Beyond Appliances, upliance, AroLeap, On2Cook and 7 others
•
upliance.ai Integrates ChatGPT Into Home AppliancesOutlook India•May 04, 2023•upliance, OpenAI
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