About Bitoodle
Bitoodle is a company based in Noida (India) founded in 2017.. Bitoodle has raised $323.91 thousand across 1 funding round from investors including Ambient Corp, Shark Ventures and Sahil Chugh. The company has 51 employees as of April 08, 2024. Bitoodle operates in a competitive market with competitors including Schoolay, Iluminar Media, CampusMall, Marathi and Baggout, among others.
- Headquarter Noida, India
- Employees 51 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Media & EntertainmentEducation
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bitoodle Online Services Private Limited
- Date of Incorporation 08 Sep, 2017
- Jurisdiction Bareilly, Uttar Pradesh, India
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Annual Revenue
$225.37 K (USD)10.18as on Mar 31, 2023
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Net Profit
$-568.62 K (USD)-166.67as on Mar 31, 2023
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EBITDA
$-561.32 K (USD)-165.41as on Mar 31, 2023
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Total Equity Funding
$323.91 K (USD)
in 1 rounds
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Latest Funding Round
$323.91 K (USD), Seed
Mar 26, 2021
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Investors
Ambient Corp
& 34 more
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Employee Count
51
as on Apr 08, 2024
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Funding Insights of Bitoodle
Bitoodle has successfully raised a total of $323.91K through 1 strategic funding round. The most recent funding activity was a Seed round of $323.91 thousand completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $323,906
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First Round
First Round
(26 Mar 2021)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Bitoodle | Valuation | Aradhana Gupta |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bitoodle
Bitoodle has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ambient Corp, Shark Ventures and Sahil Chugh. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital support for startups through seed funding and mentoring services across various sectors.
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Founded Year | Domain | Location | |
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Communication, nodes and platform
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Founded Year | Domain | Location | |
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SC
Sahil Chugh |
Angel investor and entrepreneur, focused on tech startups in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bitoodle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bitoodle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitoodle Comparisons
Competitors of Bitoodle
Bitoodle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schoolay, Iluminar Media, CampusMall, Marathi and Baggout, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Children's apparel is offered by Schoolay as a dedicated brand.
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| domain | founded_year | HQ Location |
News on lifestyle topics is provided via an online platform.
|
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| domain | founded_year | HQ Location |
Operates a digital platform for purchasing school and institutional merchandise clothing.
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| domain | founded_year | HQ Location |
Offers articles in Marathi on finance, education, and online earning tips.
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| domain | founded_year | HQ Location |
Online platform for lifestyle news
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bitoodle
When was Bitoodle founded?
Bitoodle was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Bitoodle located?
Bitoodle is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Bitoodle a funded company?
Bitoodle is a funded company, having raised a total of $323.91K across 1 funding round to date. The company's 1st funding round was a Seed of $323.91K, raised on Mar 26, 2021.
How many employees does Bitoodle have?
As of Apr 08, 2024, the latest employee count at Bitoodle is 51.
What is the annual revenue of Bitoodle?
Annual revenue of Bitoodle is $225.37K as on Mar 31, 2023.
What does Bitoodle do?
Bitoodle was founded in 2017 in Noida, India, as an e-commerce platform focused on the education sector. School books, uniforms, stationery, and related items are offered exclusively via an Android application. Operations are centered on facilitating online purchases for users seeking educational essentials. The platforms domain, bitoodlebooks.com, supports these transactions, targeting the Indian market for school-related needs.
Who are the top competitors of Bitoodle?
Bitoodle's top competitors include Iluminar Media, Schoolay and CampusMall.
Who are Bitoodle's investors?
Bitoodle has 35 investors. Key investors include Ambient Corp, Shark Ventures, Sahil Chugh, Aradhana Gupta, and Karan Suresh Jounkani.
What is Bitoodle's valuation?
The valuation of Bitoodle is $5M as of Mar 2021.
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