Bitoodle

Noida, India Founded: 2017 • Age: 9 yrs
School supplies are sold through an Android e-commerce platform.
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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
  • Sectors
    Media & Entertainment
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bitoodle Online Services Private Limited
  • Date of Incorporation 08 Sep, 2017
  • Jurisdiction Bareilly, Uttar Pradesh, India
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
    $225.37 K (USD)
    10.18
    as on Mar 31, 2023
  • Net Profit
    $-568.62 K (USD)
    -166.67
    as on Mar 31, 2023
  • EBITDA
    $-561.32 K (USD)
    -165.41
    as on Mar 31, 2023
  • Total Equity Funding
    $323.91 K (USD)

    in 1 rounds

  • Latest Funding Round
    $323.91 K (USD), Seed

    Mar 26, 2021

  • Investors
    Ambient Corp

    & 34 more

  • 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 Rounds 1
  • Last Round Seed — $323,906
  • 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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital support for startups through seed funding and mentoring services across various sectors.
Founded Year Domain Location
Communication, nodes and platform
Founded Year Domain Location

Sahil Chugh

Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bitoodle

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bitoodle

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Employees
+
Add Comparison
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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.
domain founded_year HQ Location
News on lifestyle topics is provided via an online platform.
domain founded_year HQ Location
Operates a digital platform for purchasing school and institutional merchandise clothing.
domain founded_year HQ Location
Offers articles in Marathi on finance, education, and online earning tips.
domain founded_year HQ Location
Online platform for lifestyle news
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bitoodle

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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