About BitsCrunch
BitsCrunch is a Technology company based in Munchen (Germany) founded in 2019 by Vijay Pravin and Saravanan Jaichandaran. Blockchain infrastructure is provided for AI-enabled NFT trading and analytics. It operates in the Technology and Financial Services sectors. BitsCrunch has raised $6.75 million across 5 funding rounds from investors including Coinbase, Animoca Brands and CoinSwitch. Its chief executive, as recorded, is Vijay Pravin. Its Indian entity Bitscrunch Technologies Private Limited reported revenue of ₹5.06 Cr. Its focus areas include FinTech, Non Fungible Tokens, NFT Security and Trading.
Company details
BitsCrunch was founded in 2019 in Munich, Germany, within the blockchain sector. Infrastructure for NFT trading is offered, supported by decentralized data analytics and forensics. Multi-chain insights for NFTs and digital assets are generated using artificial intelligence and machine learning. The NFT ecosystem is secured through these technologies, with operations centered on analytics services for digital asset management.
- Headquarters Munchen, Germany
- Founders Vijay Pravin, Saravanan Jaichandaran
- SectorsTechnologyFinancial Services
- Website bitscrunch.com
- Social LinkedIn X Facebook
- Legal Name Bitscrunch Technologies Private Limited
- Date of Incorporation 22 May, 2020
- Jurisdiction Vellore, Tamil Nadu, India
- Indian entity revenue₹5.06 Cr
FY 2024 · -2% YoY
- Indian entity net profit₹60.7 Lakh
FY 2024 · 12% margin
- Indian entity EBITDA₹78.8 Lakh
FY 2024 · 16% margin
- Total Equity Funding$6.75M (USD)
in 5 rounds
- Latest Funding Round$3.33M (USD), Token Sale
Feb 2024
- InvestorsCoinbase
& 19 more
Associated legal entities of BitsCrunch
BitsCrunch operates through Bitscrunch 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 |
|---|---|---|---|---|---|---|---|
| Bitscrunch Technologies Private Limited CIN U74999TN2020PTC135395 | Active | 22 May 2020 | Vellore, Tamil Nadu | ₹5.1 Cr | 25 | 4 | View details |
Funding Insights of BitsCrunch
BitsCrunch has successfully raised a total of $6.75M across 5 strategic funding rounds. The most recent funding activity was a Token Sale round of $3.33 million completed in February 2024. 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 $6.75M
- Total Rounds 5
- Last Round Token Sale — $3.33M
- First Round $752,991
(Sep 2021)
- Investors Count 20
All 5 funding rounds of BitsCrunch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $3.33M | Token Sale | – | – | – |
| Jan 2024 | $2.4M | Series A | – | Cypher Capital | – |
| Jun 2023 | Series A | – | CoinSwitch | – | |
| Feb 2022 | $3.6M | Series A | – | Animoca Brands | |
| Sep 2021 | $752,991 | Seed | – | Genblock Capital, LedgerPrime | – |
20 investors in total: 20 institutional.
Investors in BitsCrunch
BitsCrunch has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, Animoca Brands and CoinSwitch.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in digital assets are provided. | cyphercapital.com | Dubai, United Arab Emirates | ||
Venture capital funding and acceleration are provided to sector-agnostic startups. | borderlesscapital.io | Miami, United States | ||
Blockchain investment and support for Web3 startups. | 2017 | mapleblock.capital | Delhi, India | |
Morningstar Ventures is engaged in digital asset and blockchain investments. | morningstar.ventures | Dubai, United Arab Emirates | ||
Investments are directed toward early-stage blockchain startups. | tykheblock.ventures | Singapore, Singapore | ||
Blockchain projects are incubated by venture capital-backed firm. | sparkdigitalcapital.com | New York, United States | ||
Early-stage blockchain projects are targeted for investment by Genblock Capital. | genblock.capital | San Francisco, United States | ||
Single family office and venture capital firm focused on digital assets | doublepeak.io | Hong Kong, China | ||
Cryptocurrency trading and exchange services are facilitated for users. | 2017 | coinswitch.co | Bengaluru, India | |
Blockchain-based PC and mobile games are developed and published. | 2006 | animocabrands.com | Kowloon, China |
Investor details for BitsCrunch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Bitscrunch Technologies Private Limited (BitsCrunch)
Bitscrunch Technologies Private Limited is the primary company behind BitsCrunch. The board of Bitscrunch Technologies Private Limited currently have 4 directors; the longest-serving is Ajay Prashanth, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Prashanth DIN 08745382 | Director | 22 May 2020 | 6 yrs 5 mo | Bitscrunch Technologies Private Limited |
| Maharajan Vijay Pravin DIN 08745394 | Director | 22 May 2020 | 6 yrs 5 mo | Bitscrunch Technologies Private Limited |
| Saravanan DIN 08745393 | Director | 22 May 2020 | 6 yrs 5 mo | Bitscrunch Technologies Private Limited |
| Varadharajan Ashok DIN 08792877 | Director | 14 Jul 2020 | 6 yrs 3 mo | Bitscrunch Technologies Private Limited |
People of BitsCrunch
3 people are tracked at BitsCrunch (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Saravanan Jaichandaran | Co-Founder | Leadership |
| Chief Builder | Leadership |
Complete people profiles for BitsCrunch
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BitsCrunch
Figures of Bitscrunch Technologies Private Limited, the primary company behind BitsCrunch, for FY 2024. Revenue was ₹5.06 Cr (-2% year on year). Net profit was ₹60.7 Lakh (12% margin). EBITDA was ₹78.8 Lakh (16% margin). Revenue has grown at a compounded annual rate of +284% over three years.
- ₹5.06 CrRevenue · FY 2024 · -2% YoY
- ₹60.7 LakhNet profit · 12% margin
- ₹78.8 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 25Employees (provident fund records)
- +284%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Bitscrunch Technologies Private Limited are on its company page.
Detailed financial statements for BitsCrunch
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of BitsCrunch
3 dated milestones of BitsCrunch across 5 years, from founding to its latest funding, stage changes and deals.
- Founded BitsCrunch is founded.
- Funding First funding round of $753K.
- Funding Latest funding round, Token Sale, of $3.3M.
Web traffic of BitsCrunch
The website of BitsCrunch (bitscrunch.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 7.9% vs previous month
Websites whose visitors overlap most with BitsCrunch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| patternswizard.com | 100% | #3,404,507 | View details | ||
| dorahacks.io | 88% | 169.7K | #183,069 | View details | |
zonebitcoin.co | zonebitcoin.co | 53% | #5,292,132 | – | |
| captainaltcoin.com | 53% | 680.7K | #341,552 | View details |
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Frequently Asked Questions about BitsCrunch
BitsCrunch was founded in 2019 and raised its 1st funding round 2 years after it was founded.
BitsCrunch is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Vijay Pravin is the CEO of BitsCrunch, as recorded in our data. They have also founded this company.
BitsCrunch is a funded company, having raised a total of $6.75M across 5 funding rounds to date. The company's 1st funding round was a Seed of $752.99K, raised on Sep 2021.
The primary company behind BitsCrunch, Bitscrunch Technologies Private Limited, reported revenue of ₹5.06 Cr for FY 2024, down 2% year on year.
BitsCrunch was founded in 2019 in Munich, Germany, within the blockchain sector. Infrastructure for NFT trading is offered, supported by decentralized data analytics and forensics. Multi-chain insights for NFTs and digital assets are generated using artificial intelligence and machine learning. The NFT ecosystem is secured through these technologies, with operations centered on analytics services for digital asset management.
BitsCrunch has 20 investors. Key investors include Coinbase, Animoca Brands, CoinSwitch, MEXC Global, and CRYPTO.
BitsCrunch operates through Bitscrunch Technologies Private Limited.
The legal entities of BitsCrunch currently have 4 directors, including Varadharajan Ashok, Ajay Prashanth, Maharajan Vijay Pravin and others.