About 500x
500x is a Technology company based in Mumbai (India) founded in 2022 by Jitendra Rathod and Sheell Desae. It provides comprehensive services in web, mobile app development, brand design, and blockchain. It operates on a B2B model. The company has 1 employees. Its chief executive, as recorded, is Sheell Desae. Its Indian entity 500X Tech Labs Private Limited reported revenue of ₹55.1 Lakh. Its focus areas include IT Services, Software Development and Web and Mobile Applications.
Company details
500x, founded in 2022 in Mumbai, India, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and web and mobile applications. Provides comprehensive services in web, mobile app development, brand design, and blockchain. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 1
- Founders Jitendra Rathod, Sheell Desae
- SectorsTechnology
- Email••••••••
- Website 500x.tech
- Social LinkedIn X Instagram
- Legal Name 500X Tech Labs Private Limited
- Date of Incorporation 27 Apr, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹55.1 Lakh
FY 2023
- Net Profit₹1,691
FY 2023 · 0% margin
- EBITDA₹73,308
FY 2023 · 1% margin
- Employee Count1
Associated legal entities of 500x
500x operates through 500X Tech Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 500X Tech Labs Private Limited CIN U72900MH2022PTC381512 | Active | 27 Apr 2022 | Mumbai, Maharashtra | ₹0.6 Cr | 2 | View details |
Board of directors of 500X Tech Labs Private Limited (500x)
500X Tech Labs Private Limited is the primary company behind 500x. The board of 500X Tech Labs Private Limited currently have 2 directors; the longest-serving is Sheell Sameer Desae, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheell Sameer Desae DIN 03534993 | Director | 27 Apr 2022 | 4 yrs 5 mo | 500X Tech Labs Private Limited |
| Bhairavi Shantanu Gursale DIN 03535024 | Director | 31 Jul 2023 | 3 yrs 2 mo | 500X Tech Labs Private Limited |
People of 500x
2 people are tracked at 500x (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, COO | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for 500x
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of 500x
Figures of 500X Tech Labs Private Limited, the primary company behind 500x, for FY 2023. Revenue was ₹55.1 Lakh. Net profit was ₹1,691 (0% margin). EBITDA was ₹73,308 (1% margin).
- ₹55.1 LakhRevenue · FY 2023
- ₹1,691Net profit · 0% margin
- ₹73,308EBITDA · 1% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of 500X Tech Labs Private Limited are on its company page.
Detailed financial statements for 500x
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Frequently Asked Questions about 500x
500x was founded in 2022.
500x is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sheell Desae is the CEO of 500x, as recorded in our data. They have also founded this company.
500x has 1 employees.
The primary company behind 500x, 500X Tech Labs Private Limited, reported revenue of ₹55.1 Lakh for FY 2023.
500x, founded in 2022 in Mumbai, India, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and web and mobile applications. Provides comprehensive services in web, mobile app development, brand design, and blockchain. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
500x operates through 500X Tech Labs Private Limited.
The legal entities of 500x currently have 2 directors, including Sheell Sameer Desae, Bhairavi Shantanu Gursale.