Bitplus

Ahmedabad, India Founded: 2018 • Age: 8 yrs
Offers custom software, mobile apps, and IT solutions for business clients.
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About Bitplus

Bitplus is a Financial Services company based in Ahmedabad (India) founded in 2018. It offers custom software, mobile apps, and IT solutions for business clients. It operates on a B2B model in Financial Services and Healthcare sectors. Its Indian entity Bitplus Solutions Private Limited reported revenue of ₹1.63 Cr. Bitplus offers products and services including HR Software, Time Attendance Software, Payroll Software, ERP Software, and Point of Sale Software. Its focus areas include Finance, Banking, Core Banking Systems and Health Tech. Similar companies include ADP, UKG, Randstad, Bullhorn and AKQA and 5 more; 6 of its 10 listed similar companies have raised funding.

Company details

Bitplus Solutions LLP is a software development company specializing in custom software, web development, and mobile applications. They automate manual processes for clients in various sectors, utilizing agile methodologies and dedicated teams. With over a decade of experience, they serve global clients in industries such as banking and manufacturing, focusing on quality assurance and innovative solutions.

Operational Areas
Financial Services → Banking & FinTech Platforms
Healthcare → Hospitals & Clinical Care
Key Metrics
  • Annual Revenue
    ₹1.63 Cr

    FY 2017 · +7% YoY

  • Net Profit
    ₹6.1 Lakh

    FY 2017 · 4% margin

  • EBITDA
    ₹20.3 Lakh

    FY 2017 · 12% margin

Products & Services of Bitplus

Bitplus offers a comprehensive portfolio of products and services, including HR Software, Time Attendance Software, Payroll Software, ERP Software, and Point of Sale Software.

HR Software
HR Management

Software for handling employee records and payroll tasks.

Time Attendance Software
Workforce Management

Tool for tracking employee attendance and hours.

Payroll Software
Financial Tools

System for processing employee salaries and deductions.

ERP Software
Enterprise Solutions

Platform for integrating business operations and data.

Point of Sale Software
Retail Management

Application for handling sales transactions in retail.

Weigh Bridge Software
Logistics Tools

Software for managing weighing and logistics operations.

Board of directors of Bitplus Solutions Private Limited (Bitplus)

Bitplus Solutions Private Limited is the primary company behind Bitplus. The board of Bitplus Solutions Llp currently have 3 directors; the longest-serving is Ajay Mohinderpaul Gupta, appointed in 2018. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ajay Mohinderpaul Gupta
DIN 03046726
Designated Partner09 Apr 20188 yrs 6 moBitplus Solutions Llp
Manish J Aggarwal
DIN 03632762
Designated Partner09 Apr 20188 yrs 6 moBitplus Solutions Llp
Rajiv Agarwal
DIN 09063131
Designated Partner24 Feb 20215 yrs 7 moBitplus Solutions Llp

Financials of Bitplus

Figures of Bitplus Solutions Private Limited, the primary company behind Bitplus, for FY 2017. Revenue was ₹1.63 Cr (+7% year on year). Net profit was ₹6.1 Lakh (4% margin). EBITDA was ₹20.3 Lakh (12% margin).

  • ₹1.63 CrRevenue · FY 2017 · +7% YoY
  • ₹6.1 LakhNet profit · 4% margin
  • ₹20.3 LakhEBITDA · 12% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Bitplus Solutions Private Limited are on its company page.

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Detailed financial statements for Bitplus

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Similar companies to Bitplus

Bitplus has 10 listed similar companies in our database, 6 of them funded. They include ADP, UKG, Randstad, Bullhorn and AKQA, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ADP
adp.com1949Roseland, United States–44
Cloud-based HR management solutions are offered for payroll and compliance.
UKG
ukg.com1977Weston, United States––
Provider of HR and payroll & workforce management solutions
Randstad
randstad.com1960Diemen, Netherlands––
HR consulting, recruitment, and outsourcing services are offered worldwide.
Bullhorn
bullhorn.com1999Boston, United States$26M876
Cloud-based ATS and CRM systems are offered for staffing agencies.
AKQA
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
Insperity
insperity.com1986Kingwood, United States–4,400
HR outsourcing services are provided to businesses by Insperity.
Alera Group
aleragroup.com1995Deerfield, United States$250M–
HR, insurance, and liability services are provided by Alera Group.
HR Path
hr-path.com2001Nanterre, France$1.06B–
HR and payroll outsourcing plus consulting services are provided.
Wanted
wanted.co.kr2015Seoul, South Korea$9M–
HR management services are provided by Wanted in South Korea.
Visier
visier.com2010Vancouver, Canada$219.5M–
Cloud-based workforce analytics and planning software is offered.
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Detailed similar companies of Bitplus

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Verified entity values are shown only after access is granted.

Top companies in Banking & FinTech Platforms

10 companies that operate in the same segment as Bitplus (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Mercury
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Tide
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 180.56 M–3,462
Chime
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Revolut
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.73 BUSD 5.95 B20,299
Monzo
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 2.37 BUSD 2.31 M3,786
Aspiration
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Starling Bank
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.01 BUSD 813.42 M2,835
Zeta
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K2,149
Brex
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
Atom bank
Digital banking services are provided for individuals and businesses.
2014Blyth, England, United KingdomUSD 852.48 M–556
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Frequently Asked Questions about Bitplus

Bitplus was founded in 2018.

Bitplus is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

The primary company behind Bitplus, Bitplus Solutions Private Limited, reported revenue of ₹1.63 Cr for FY 2017, up 7% year on year.

Bitplus Solutions LLP is a software development company specializing in custom software, web development, and mobile applications. They automate manual processes for clients in various sectors, utilizing agile methodologies and dedicated teams. With over a decade of experience, they serve global clients in industries such as banking and manufacturing, focusing on quality assurance and innovative solutions.

Bitplus's top competitors include Randstad, Alera Group and UKG.

Bitplus offers HR Software, Time Attendance Software, Payroll Software, ERP Software, and 2 more products and services.

Bitplus is associated with 2 legal entities: Bitplus Solutions Private Limited, Bitplus Solutions Llp.

The legal entities of Bitplus currently have 3 directors, including Ajay Mohinderpaul Gupta, Rajiv Agarwal, Manish J Aggarwal.

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