USIT - About the company
USIT is a funded company based in Pune (India), founded in 2011 by Shekhar Kulkarni and Mukesh Kumar. It operates as a Provider of software development, IT consulting and project management services. USIT has raised an undisclosed amount in funding. The company has 138310 active competitors, including 981 funded and 7714 that have exited. Its top competitors include companies like UST, IBM and Infosys.
Company Details
- Website
- usit.net.in
- Registered Address
- Unit No 101, 1st Floor, Sai Empire, Baner Road, Baner Gaon, Pune, Pune City, Maharashtra, India, 411045
Key Metrics
Founded Year
2011
Location
Pune, India
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
7835th among 138310 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
49 as on Jul 31, 2026
Similar Companies
Legal entities associated with USIT
USIT is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
UNIVERSAL STEEL INFORMATION TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U72200PN2011PTC139013 , India, Active | Mar 28, 2011 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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USIT's funding and investors
USIT has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. USIT has 1 institutional investor.
Here is the list of recent funding rounds of USIT:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 01, 2021 | 8558936 | Grant (prize money) | 4582907 | 8849830 | 5437160 | 9687282 |
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USIT's founders and board of directors
Founder? Claim ProfileHere are the details of USIT's key team members:
- Shekhar Kulkarni: Co-Founder of USIT.
- Mukesh Kumar: Co-Founder & CEO of USIT. Contact Info: 1 email address
View details of USIT's Founder profiles and Board Members
USIT's employee count trend
USIT has 49 employees as of Jul 26. Here is USIT's employee count trend over the years:
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USIT's Competitors and alternates
Top competitors of USIT include UST, IBM and Infosys. Here is the list of Top 10 competitors of USIT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
2nd | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th |  Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th |  Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
7835th | Provider of software development, IT consulting and project management services | - | 28/100 |
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USIT's Investments and acquisitions
USIT has made no investments or acquisitions yet.
Reports related to USIT
Here is the latest report on USIT's sector:
News related to USIT
•
Oxide Raises $100M Series B to Scale Cloud Infrastructure for On-Premises ComputingCIO Influence•Jul 30, 2025•USIT, Oxide Computer, Intel Capital, AMD and 2 others
•
San Jose AI cloud compute rental startup Lambda raises $480 millionThe Business Journals•Feb 20, 2025•Lambda Labs, Andra Capital, SGW Global, ARK Investment Management and 12 others
•
Shield AI Raises $200 Million, Reaching $2.7 Billion ValuationAiThority•Nov 02, 2023•Riot, Disruptive, ARK Investment Management, Snowpoint Ventures and 3 others
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