# uFony Services Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ufony-services-pvt

- Industry: Software
- Headquarters: Pune, India
- Website: http://www.zoment.com
- Total disclosed funding: $0.1M
- Latest round: Series A (Jul 11, 2020)
- Investors on record: 1

## About

uFony Services Pvt Ltd. specializes in providing comprehensive digital solutions aimed at enhancing operational efficiency and workflow management for a diverse clientele, ranging from SMEs to government agencies.Founded in 2012 in Pune, India, uFony Services Pvt Ltd. focuses on delivering IT infrastructure management and cloud computing solutions. The company has secured funding through 5 different deals, with the most recent being a Series A round on July 11, 2020, where they raised INR 7.52 million from The Chennai Angels, resulting in a total amount raised of INR 7.52 million and a current company valuation of INR 273.546 million. The founder, Ashish C, has a history of involvement in technology ventures.The company’s core offerings revolve around a robust suite of digital solutions designed to enhance operational efficiency and streamline workflow management across various sectors. The primary products include advanced data hosting services, cloud computing solutions, and IT infrastructure management tools. These services cater to a diverse client base that includes small to medium-sized enterprises (SMEs), large corporations, and government agencies seeking to modernize their IT infrastructure while ensuring data security and compliance. Released over the past decade, these solutions have been instrumental in addressing critical challenges such as data storage limitations, system scalability, and operational downtime. The company primarily serves markets in North America, Europe, and parts of Asia, establishing a strong presence in industries like finance, healthcare, and education.The company generates revenue through a structured transaction model that encompasses subscription-based services and direct contracts with businesses. For the year 2024, uFony Services Pvt Ltd. reported revenue of INR 405,874.9 and an EBITDA of INR 120,263.5. Clients typically engage in multi-year agreements for ongoing access to the company’s flagship cloud solutions and IT management services. This model allows for predictable revenue streams, with clients paying regular fees based on the level of service and resources utilized. Additionally, the company may offer tiered pricing plans that cater to varying client needs, including options for enhanced data security and additional storage capacity. The revenue structure is designed to establish long-term relationships with clients, ensuring continuous support and maintenance, which is essential for the success of their digital operations.In the coming years, uFony Services Pvt Ltd. intends to expand its product offerings, including the launch of new cloud-based solutions aimed at improving data analytics capabilities. The company is also targeting expansion into new geographic regions, with plans to enter South Asia and the Middle East by 2025. The recent Series A funding round will be utilized to accelerate product development and market entry efforts, allowing the company to enhance its service delivery and capture new client segments.

## Funding rounds

- Series A, Jul 11, 2020, $0.1M — The Chennai Angels

## Investors

- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Series A