Yudiz Solutions
Yudiz Solutions is a Blockchain, AI and gaming-focused company located in Ahmedabad.[1][2] It is the first game developing firm to get the NSE India (national stock exchange of India) approval for an SME IPO.[3][4] The company was incorporated in 2011 by Pratik Patel and Chirag Leuva.[5][6] In March 2022, the company reported 40% of its revenues from gaming.[7] In May 2023, Yudiz Solutions was named the 'best company in blockchain solutions' at Crypto 306 event in Dubai.[8] In August 2023, the Initial Public Offering (IPO) of the company was opened for subscription,[9][10] making it the first company in the combined space of blockchain, AI and gaming to publicly enlist.[11] The company recorded revenues of Rs 27.3 crore and net profit of Rs 2.75 crore for the year ending March 2023.[12] Some of its notable clients include Nestlé, CricTracker, Allen, SportsBuzz and Zydus Lifesciences.
References
- ↑ "Yudiz Solutions gets DRHP nod; To be the first game developer to be listed". The Times of India. 2023-05-26. ISSN 0971-8257. Retrieved 2023-06-16.
- ↑ Singh, Vivek (2023-03-28). "Gaming Industry in India: Web3 to rule the game-tech bandwagon in India". www.insidesport.in. Retrieved 2023-06-17.
- ↑ "IPO bound gaming and blockchain company Yudiz Solutions gets NSE approval". Moneycontrol. 2023-05-25. Retrieved 2023-06-16.
- ↑ "Yudiz Solutions gets nod for IPO, to invest Rs 8 crore to launch a gaming studio and multi-gaming platform". cnbctv18.com. 2023-05-25. Retrieved 2023-06-16.
- ↑ "IPO News: Gaming And Blockchain Development Company Yudiz Solutions Receives NSE Approval For SME IPO". English Jagran. 2023-05-25. Retrieved 2023-06-16.
- ↑ Jaiswar, Pooja Sitaram (2023-03-23). "Blockchain firm Yudiz Solutions files draft papers for IPO with NSE Emerge". mint. Retrieved 2023-06-17.
- ↑ "AI player Yudiz Solutions bets big on gamification solutions for corporate". www.thehindubusinessline.com. 2023-04-12. Retrieved 2023-06-16.
- ↑ NewsDesk (2023-05-23). "Yudiz Solutions named 'Best Company in Blockchain Solutions' at Crypto 306 event". MediaBrief. Retrieved 2023-06-17.
- ↑ Manohar, Asit (2023-08-04). "Yudiz Solutions IPO opens today: GMP, subscription status, other details". mint. Retrieved 2023-08-04.
- ↑ Manohar, Asit (2023-08-03). "Yudiz Solutions IPO: What GMP signals ahead of issue opening date?". mint. Retrieved 2023-08-07.
- ↑ "Yudiz Solutions IPO opens for subscription today — check GMP, other details here". cnbctv18.com. 2023-08-04. Retrieved 2023-08-04.
- ↑ "SME IPO: Yudiz Solutions issue to open on August 4. 10 things to know about the offer". The Economic Times. 2023-08-02. ISSN 0013-0389. Retrieved 2023-08-05.
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