About Ashtbit Technologies
Ashtbit Technologies is a company based in Mumbai (India) founded in 2007 by Anil Cordeiro. It offers product engineering and software services to clients in technology field. It operates on a B2B model. The company has 8 employees. Its chief executive is Anil Cordeiro. Its Indian entity Ashtbit Technologies Private Limited reported revenue of ₹1.62 Cr. Ashtbit Technologies offers products and services including Databeat and Product Engineering Services. Its focus areas include Information Technology, Software Services, Product Engineering and Software Development. Its competitors include AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
ASHTBIT Technologies is a company based in India that specializes in product engineering and software services. They develop and deliver IT solutions, including custom software and products like Databeat, through a team of professionals. Operating from Lucknow, they serve various clients in the technology industry, focusing on innovation and reliable service delivery. Their activities include engineering software for businesses and managing related support.
- Headquarters Mumbai, India
- Employees 8
- Founders Anil Cordeiro
- Email••••••••
- Website ashtbit.com
- Legal Name Ashtbit Technologies Private Limited
- Date of Incorporation 25 Apr, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.62 Cr
FY 2024 · -39% YoY
- Net Loss-₹18.9 Lakh
FY 2024 · -12% margin
- EBITDA-₹19.6 Lakh
FY 2024 · -12% margin
- Employee Count8
Associated legal entities of Ashtbit Technologies
Ashtbit Technologies operates through Ashtbit Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashtbit Technologies Private Limited CIN U72900MH2007PTC170291 | Active | 25 Apr 2007 | Mumbai, Maharashtra | ₹1.6 Cr | 8 | 2 | View details |
Products & Services of Ashtbit Technologies
Ashtbit Technologies offers a comprehensive portfolio of products and services, including Databeat and Product Engineering Services.
Databeat offers data management and engineering tools for businesses.
Provides custom software development and engineering solutions.
Board of directors of Ashtbit Technologies Private Limited (Ashtbit Technologies)
Ashtbit Technologies Private Limited is the primary company behind Ashtbit Technologies. The board of Ashtbit Technologies Private Limited currently have 2 directors; the longest-serving is Apul Pradeep Shukla, appointed in 2007. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Apul Pradeep Shukla DIN 02695270 | Director | 25 Apr 2007 | 19 yrs 5 mo | Ashtbit Technologies Private Limited |
| Kaushal Pandey DIN 08066314 | Director | 05 Jun 2023 | 3 yrs 4 mo | Ashtbit Technologies Private Limited |
People of Ashtbit Technologies
1 people are tracked at Ashtbit Technologies (1 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Ashtbit Technologies
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Financials of Ashtbit Technologies
Figures of Ashtbit Technologies Private Limited, the primary company behind Ashtbit Technologies, for FY 2024. Revenue was ₹1.62 Cr (-39% year on year). Net loss was -₹18.9 Lakh (-12% margin). EBITDA was -₹19.6 Lakh (-12% margin). Revenue has grown at a compounded annual rate of -4% over three years and +1% over five years.
- ₹1.62 CrRevenue · FY 2024 · -39% YoY
- -₹18.9 LakhNet loss · -12% margin
- -₹19.6 LakhEBITDA · -12% margin
- ₹1 LakhPaid-up capital
- 8Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ashtbit Technologies Private Limited are on its company page.
Detailed financial statements for Ashtbit Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Ashtbit Technologies
Ashtbit Technologies has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| kontron.com | 1959 | Linz, Austria | $34.6M | 130 | Embedded computing platforms are developed for industrial applications. | |
| unicorn.com | 1990 | Prague, Czech Republic | $6M | – | Software development services are provided by Unicorn in Prague. | |
| digia.com | 2005 | Helsinki, Finland | – | – | Software development services including design, integration, and testing are provided. | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| saksoft.com | 1999 | Chennai, India | – | 2,118 | IT service suite solutions are provided globally by Saksoft. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| nxtsoft.com | 2017 | Birmingham, United States | $4.83M | 79 | Computer software development services provider |
Detailed competitors of Ashtbit Technologies
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Frequently Asked Questions about Ashtbit Technologies
Ashtbit Technologies was founded in 2007.
Ashtbit Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anil Cordeiro is the current CEO of Ashtbit Technologies. They have also founded this company.
Ashtbit Technologies has 8 employees.
The primary company behind Ashtbit Technologies, Ashtbit Technologies Private Limited, reported revenue of ₹1.62 Cr for FY 2024, down 39% year on year.
ASHTBIT Technologies is a company based in India that specializes in product engineering and software services. They develop and deliver IT solutions, including custom software and products like Databeat, through a team of professionals. Operating from Lucknow, they serve various clients in the technology industry, focusing on innovation and reliable service delivery. Their activities include engineering software for businesses and managing related support.
Ashtbit Technologies offers Databeat and Product Engineering Services.
Ashtbit Technologies operates through Ashtbit Technologies Private Limited.
The legal entities of Ashtbit Technologies currently have 2 directors, including Apul Pradeep Shukla, Kaushal Pandey.