About Bits FreshNFrozen
Bits FreshNFrozen is a company based in Ahmedabad (India) founded in 2018. It operates as a B2C. Bits FreshNFrozen operates in a competitive market with competitors including ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, among others.
- Headquarter Ahmedabad, India
- SectorsConsumer
- Website bitsfoods.com
- Legal Name Budventure Technologies Pvt. Ltd.
- Date of Incorporation 03 Oct, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.23 Cr
FY 2024 · +114% YoY
- Net Profit₹5 Lakh
FY 2024 · 4% margin
- EBITDA₹53.8 Lakh
FY 2024 · 44% margin
Associated legal entities of Bits FreshNFrozen
Bits FreshNFrozen operates through Budventure 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 |
|---|---|---|---|---|---|---|---|
| Budventure Technologies Private Limited CIN U74999GJ2017PTC099304 | Active | 03 Oct 2017 | Ahmedabad, Gujarat | ₹1.2 Cr | – | 2 | View details |
Board of directors of Budventure Technologies Private Limited (Bits FreshNFrozen)
Budventure Technologies Private Limited is the primary company behind Bits FreshNFrozen. The board of Budventure Technologies Private Limited currently have 2 directors; the longest-serving is Milind Ashokkumar Patel, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Ashokkumar Patel DIN 07939514 | Director | 03 Oct 2017 | 9 yrs | Budventure Technologies Private Limited |
| Shah Darshit Subhashbhai DIN 07938904 | Director | 03 Oct 2017 | 9 yrs | Budventure Technologies Private Limited |
Financials of Bits FreshNFrozen
Figures of Budventure Technologies Private Limited, the primary company behind Bits FreshNFrozen, for FY 2024. Revenue was ₹1.23 Cr (+114% year on year). Net profit was ₹5 Lakh (4% margin). EBITDA was ₹53.8 Lakh (44% margin). Revenue has grown at a compounded annual rate of +55% over three years and +75% over five years.
- ₹1.23 CrRevenue · FY 2024 · +114% YoY
- ₹5 LakhNet profit · 4% margin
- ₹53.8 LakhEBITDA · 44% margin
- ₹1 LakhPaid-up capital
- +55%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Budventure Technologies Private Limited are on its company page.
Detailed financial statements for Bits FreshNFrozen
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- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Bits FreshNFrozen
Bits FreshNFrozen 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 ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| idfreshfood.com | 2005 | Bengaluru, India | $119.77M | – | Ready-to-cook wholesome food products are provided by ID Fresh Food. | |
| tastybite.com | 1985 | Pune, India | $7.5M | 257 | Packaged, ready to cook food for Indian and south Asian cuisine | |
| veg-olution.com | 2019 | Bengaluru, India | $3.83M | 32 | Versatile and nutritious protein-first vegetarian foods are produced. | |
| benanifoods.com | 2013 | Chennai, India | $1.28M | 641 | Ready-to-cook food brand | |
| bluepinefoods.com | 2016 | Delhi, India | $177,458 | 5 | Ready-to-make oriental snacks are branded and distributed by Bluepine Foods. | |
| chefsbasket.com | 2012 | Mumbai, India | $7.79M | 7 | Ready-to-eat pasta and sauces are supplied online by Chef's Basket. | |
| thenaturikco.com | 2022 | Sahibzada Ajit Singh Nagar, India | $671,726 | – | Pure and natural high-protein breakfast cereals are offered online. | |
| tanvifoods.com | 2007 | Hyderabad, India | – | 30 | Ready-to-eat food company | |
| arohanfoods.com | 2011 | Guwahati, India | $2.11M | 4 | Hygienically processed pork products are manufactured in Guwahati, India. |
Detailed competitors of Bits FreshNFrozen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to Bits FreshNFrozen
10 companies that operate in the same segment as Bits FreshNFrozen (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 221.1 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 | |
Subscription-based dairy products are delivered via an internet-first brand. | 2013 | Hyderabad, Telangana, India | USD 19.41 M | USD 14.66 M | 250 |
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Frequently Asked Questions about Bits FreshNFrozen
Bits FreshNFrozen was founded in 2018.
Bits FreshNFrozen is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Bits FreshNFrozen, Budventure Technologies Private Limited, reported revenue of ₹1.23 Cr for FY 2024, up 114% year on year.
Bits FreshNFrozen, based in Ahmedabad, focuses on food and beverage, frozen foods, ready meals, and frozen prepared foods. A brand providing high-quality frozen ready meals for convenient consumption. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Bits FreshNFrozen's top competitors include ID Fresh Food, Tasty Bite and VEGOLUTION.
Bits FreshNFrozen operates through Budventure Technologies Private Limited.
The legal entities of Bits FreshNFrozen currently have 2 directors, including Milind Ashokkumar Patel, Shah Darshit Subhashbhai.