About Blitzscale Technology Solutions
Blitzscale Technology Solutions is a company based in Bengaluru (India) founded in 2018. Blitzscale Technology Solutions has raised $18.48 million across 3 funding rounds from investors including Bessemer Venture Partners, Venture Highway VC and Chiratae Ventures. The company has 110 employees as of April 09, 2024. Blitzscale Technology Solutions operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
- Headquarter Bengaluru, India
- Employees 110 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Blitzscale Technology Solutions Private Limited
- Date of Incorporation 06 Dec, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.68 M (USD)35.99as on Mar 31, 2023
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Net Profit
-$1.1 M (USD)65.42as on Mar 31, 2023
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EBITDA
-$1.28 M (USD)62.43as on Mar 31, 2023
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Total Equity Funding
$18.48 M (USD)
in 3 rounds
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Latest Funding Round
$7.77 M (USD), Series B
Aug 07, 2024
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Investors
Bessemer Venture Partners
& 4 more
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Employee Count
110
as on Apr 09, 2024
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Funding Insights of Blitzscale Technology Solutions
Blitzscale Technology Solutions has successfully raised a total of $18.48M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.77 million completed in August 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 Total Funding
- Total Rounds 3
- Last Round Series B — $7.8M
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First Round
First Round
(13 Feb 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - Blitzscale Technology Solutions | Valuation | Bessemer Venture Partners | |
| Dec, 2019 | Amount | Series B - Blitzscale Technology Solutions | Valuation | Chiratae Ventures | |
| Feb, 2019 | Amount | Series A - Blitzscale Technology Solutions | Valuation | Elevation Capital , Venture Highway |
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Investors in Blitzscale Technology Solutions
Blitzscale Technology Solutions has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Venture Highway VC and Chiratae Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location | |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blitzscale Technology Solutions
Financial Statements - Blitzscale Technology Solutions
Blitzscale Technology Solutions Comparisons
Competitors of Blitzscale Technology Solutions
Blitzscale Technology Solutions 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 Shopify, Squarespace, Weebly, Webs and Nuvemshop, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce storefront solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce store creation and management are provided.
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| domain | founded_year | HQ Location |
Customized websites, blogs, and online stores are created using Jimdo.
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Latest news on Blitzscale Technology Solutions
Frequently Asked Questions about Blitzscale Technology Solutions
Blitzscale Technology Solutions was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Blitzscale Technology Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Blitzscale Technology Solutions is a funded company, having raised a total of $18.48M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.69M, raised on Feb 13, 2019.
As of Apr 09, 2024, the latest employee count at Blitzscale Technology Solutions is 110.
Annual revenue of Blitzscale Technology Solutions is $2.68M as on Mar 31, 2023.
Blitzscale Technology Solutions was founded in 2018 in Bengaluru, India, within the e-commerce sector. Online marketplace solutions are offered, allowing sellers to list and sell products via mobile and web applications. Businesses are supported in creating and managing online stores through integrated e-commerce tools. Customer access to online shopping and expedited shipping options is enabled across operations.
Blitzscale Technology Solutions's top competitors include Shopify, Squarespace and Weebly.
Blitzscale Technology Solutions has 5 investors. Key investors include Bessemer Venture Partners, Venture Highway VC, Chiratae Ventures, Elevation Capital, and Reed India.
The valuation of Blitzscale Technology Solutions is $32.09M as of Dec 2019.