About BuddyBits
BuddyBits is a Media & Entertainment company based in Surat (India) founded in 2011. BuddyBits is recognized for sharing stories on travel, spirituality, and personal narratives. Its Indian entity Buddybits Media Private Limited reported revenue of ₹11.6 Lakh. BuddyBits offers products and services including Online Articles and Story Profiles. Its focus areas include Media and Entertainment, Digital Content, Online Publishing and Storytelling and Blogs.
Company details
BuddyBits is presented as a platform where stories worth telling are shared, covering topics like travel to ancient sites such as Varanasi and spiritual insights including astrological predictions. Personal narratives, such as those of young achievers and transgender individuals, are featured alongside explorations of lifes uncertainties. The site includes contributions from various teams and writers, emphasizing cultural and historical contexts. Access is facilitated through a login system, creating a space for diverse content engagement, though commercial aspects are not highlighted.
- Headquarters Surat, India
- SectorsMedia & Entertainment
- Legal Name Buddybits Media Private Limited
- Date of Incorporation 11 Aug, 2016
- Jurisdiction Adajan, Gujarat, India
- Annual Revenue₹11.6 Lakh
FY 2021 · -67% YoY
- Net Loss-₹3 Lakh
FY 2021 · -26% margin
- EBITDA-₹1.6 Lakh
FY 2021 · -14% margin
Associated legal entities of BuddyBits
BuddyBits operates through Buddybits Media Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Buddybits Media Private Limited CIN U74999GJ2016PTC093328 | Active | 11 Aug 2016 | Adajan, Gujarat | ₹0.1 Cr | 2 | View details |
Products & Services of BuddyBits
BuddyBits offers a comprehensive portfolio of products and services, including Online Articles and Story Profiles.
Articles on travel and spirituality are provided for readers.
Profiles of individuals and their experiences are offered through storytelling features.
Board of directors of Buddybits Media Private Limited (BuddyBits)
Buddybits Media Private Limited is the primary company behind BuddyBits. The board of Buddybits Media Private Limited currently have 2 directors; the longest-serving is Ketanbhai Ratilal Jariwala, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ketanbhai Ratilal Jariwala DIN 07584691 | Director | 11 Aug 2016 | 10 yrs 2 mo | Buddybits Media Private Limited |
| Nishit Ketan Jariwala DIN 07584519 | Director | 11 Aug 2016 | 10 yrs 2 mo | Buddybits Media Private Limited |
Financials of BuddyBits
Figures of Buddybits Media Private Limited, the primary company behind BuddyBits, for FY 2021. Revenue was ₹11.6 Lakh (-67% year on year). Net loss was -₹3 Lakh (-26% margin). EBITDA was -₹1.6 Lakh (-14% margin). Revenue has grown at a compounded annual rate of +24% over three years.
- ₹11.6 LakhRevenue · FY 2021 · -67% YoY
- -₹3 LakhNet loss · -26% margin
- -₹1.6 LakhEBITDA · -14% margin
- ₹1 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Buddybits Media Private Limited are on its company page.
Detailed financial statements for BuddyBits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Top companies in Travel Blogs
3 companies that operate in the same segment as BuddyBits (Travel Blogs) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Travel insights and experiences are shared via a dedicated blog. | 2009 | Mumbai, Maharashtra, India | USD 3.38 M | USD 175.65 M | 2,528 | |
Provides online content on foreign affairs, geopolitics, and national security issues. | 2020 | Noida, Uttar Pradesh, India | USD 265.98 K | |||
Operates a blog delivering breaking news across various categories. | 2017 | Pune, Maharashtra, India |
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Frequently Asked Questions about BuddyBits
BuddyBits was founded in 2011.
BuddyBits is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind BuddyBits, Buddybits Media Private Limited, reported revenue of ₹11.6 Lakh for FY 2021, down 67% year on year.
BuddyBits is presented as a platform where stories worth telling are shared, covering topics like travel to ancient sites such as Varanasi and spiritual insights including astrological predictions. Personal narratives, such as those of young achievers and transgender individuals, are featured alongside explorations of lifes uncertainties. The site includes contributions from various teams and writers, emphasizing cultural and historical contexts. Access is facilitated through a login system, creating a space for diverse content engagement, though commercial aspects are not highlighted.
BuddyBits offers Online Articles and Story Profiles.
BuddyBits operates through Buddybits Media Private Limited.
The legal entities of BuddyBits currently have 2 directors, including Ketanbhai Ratilal Jariwala, Nishit Ketan Jariwala.