Udbhata Technologies

Udbhata Technologies Private Limited, incorporated in May 2018, is a risk technologies and consulting company headquartered in Hyderabad, India. The firm was co-founded by Anand Sampath, who currently serves as the CEO, and Vijay Kuralla, the Technical Director. Anand Sampath brings over two decades of corporate experience in business finance, risk, and compliance, including a role as Chief Risk and Compliance Officer for an NYSE-listed pharmaceutical company. This extensive background in enterprise risk management, compliance, and business continuity planning directly informs the company's strategic direction. Vijay Kuralla is responsible for executing the company's technology and product choices. The company's vision is to become a high-quality global player in risk technologies.

Udbhata operates at the intersection of risk management practice, technology, and risk information, primarily serving the non-financial sector. The business model revolves around providing software tools and consulting services for integrated Governance, Risk & Compliance (GRC). Its flagship product is Qoris® ERM, an enterprise risk management software designed to help organizations make informed decisions to control risk. The software offers features like real-time information support, customizable interfaces, and alerts to assist non-financial companies with risk decision support. In addition to its software-as-a-service offering, Udbhata provides risk consulting services, focused on building ERM capabilities for its clients from a practitioner's perspective. The company also offers technology consulting services, leveraging its expertise in building scalable, deep-tech enterprise applications for clients looking to bring their own ideas to market.

Since its founding, Udbhata has achieved several milestones, including being recognized as a startup by the Department for Promotion of Industry and Internal Trade (DIPP) by the Indian Government. The company has successfully raised a total of $786K in funding over three rounds from a mix of institutional investors like SucSEED Indovation and Jani Ventures, as well as angel investors. Its latest funding was a seed round in February 2022. As of May 2022, the founders held the largest shareholding in the company at 64.95%. Udbhata reported revenue of ₹1 Crore for the financial year ending March 31, 2024.

Keywords: risk technologies, enterprise risk management, GRC, governance risk compliance, risk consulting, Qoris ERM, non-financial risk, risk management software, compliance software, decision support tool, business continuity planning, deep-tech consulting, SaaS, Hyderabad startup, Anand Sampath, Vijay Kuralla, risk information, technology services, enterprise applications, risk mitigation