About Bitsila
Bitsila is a company based in Bengaluru (India) founded in 2020 by Dasharatham Bitla and Sooryah Pokkali was acquired by Paytm in February 2024.. The company has 21 employees as of March 27, 2024. Bitsila offers products and services including E-Commerce Website, Mobile App, QR Code Tools, and WhatsApp Marketing. Bitsila operates in a competitive market with competitors including Adobe, HubSpot, Sprinklr, SEMrush and ActiveCampaign, among others.
- Headquarter Bengaluru, India
- Employees 21 as on 27 Mar, 2024
- Founders Dasharatham Bitla, Sooryah Pokkali
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Innobits Solutions Private Limited
- Date of Incorporation 16 Nov, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Products & Services of Bitsila
Bitsila offers a comprehensive portfolio of products and services, including E-Commerce Website, Mobile App, QR Code Tools, and WhatsApp Marketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating customizable e-commerce sites for retail sales
App for managing business orders and inventory remotely
System for digitizing product catalogs and enabling quick payments
Integration for promoting products and receiving orders via WhatsApp
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Funding Insights of Bitsila
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Bitsila | Valuation | Antler |
| 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 Bitsila
Bitsila has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Paytm, Antler and Phanindra Sama. 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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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Digital payments, financial services, and e-commerce platforms are provided.
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Founded Year | Domain | Location | |
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PS
Phanindra Sama |
Co-founder of redBus, prominent angel investor in Indian startups
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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.
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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 Bitsila
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - Bitsila
| 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 |
Bitsila Comparisons
Competitors of Bitsila
Bitsila 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 Adobe, HubSpot, Sprinklr, SEMrush and ActiveCampaign, 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 |
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| domain | founded_year | HQ Location |
AI-powered platform manages marketing creatives and customer journeys.
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| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for businesses
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| domain | founded_year | HQ Location |
Sales, CRM, and email marketing automation software is provided.
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| domain | founded_year | HQ Location |
Predictive intelligence is delivered for sales and marketing teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Bitsila
Frequently Asked Questions about Bitsila
When was Bitsila founded?
Bitsila was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Bitsila located?
Bitsila is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Bitsila?
Dasharatham Bitla is the current CEO of Bitsila. They have also founded this company.
How many employees does Bitsila have?
As of Mar 27, 2024, the latest employee count at Bitsila is 21.
What is the annual revenue of Bitsila?
Annual revenue of Bitsila is $51.52K as on Mar 31, 2023.
What does Bitsila do?
Bitsila was founded in 2020 and is headquartered in Bengaluru, India. Cloud-based marketing suite solutions are offered by the company to support business operations in the digital marketing sector. Services encompass tools for campaign management, analytics, and customer engagement, all delivered through a scalable online platform. The team is led by co-founders Dasharatham Bitla as CEO and Sooryah Pokkali. Focus remains on enabling efficient marketing processes for various enterprises.
Who are the top competitors of Bitsila?
What products or services does Bitsila offer?
Bitsila offers E-Commerce Website, Mobile App, QR Code Tools, and WhatsApp Marketing.
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