About Bytes Technology Group
Bytes Technology Group is a company based in London (United Kingdom) founded in 2020.. The company has 1,250 employees as of February 28, 2024. Bytes Technology Group offers products and services including Bytes Software Services, Phoenix Software, and Cloud Services. Bytes Technology Group operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter London, United Kingdom
- Employees 1250 as on 28 Feb, 2024
- Stage Public
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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 Bytes Technology Group Plc
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Annual Revenue
$272.05 M (USD)4.89as on Feb 28, 2024
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Net Profit
$68.71 M (USD)17.05as on Feb 28, 2024
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EBITDA
$86.61 M (USD)16.71as on Feb 28, 2024
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Latest Funding Round
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Investors
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Employee Count
1250
as on Feb 28, 2024
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IPO & Listings of Bytes Technology Group
Bytes Technology Group is a publicly listed company on the LSE with ticker symbol BYIT in UK, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Bytes Technology Group
Bytes Technology Group offers a comprehensive portfolio of products and services, including Bytes Software Services, Phoenix Software, and Cloud Services. 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.
Provides software solutions for corporate and public sectors
Delivers IT services focused on public sector organizations
Offers cloud-based solutions for business operations
Funding Insights of Bytes Technology Group
| 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 |
Investments & Acquisitions by Bytes Technology Group
| 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 - Bytes Technology Group
| 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 |
Bytes Technology Group Comparisons
Competitors of Bytes Technology Group
Bytes Technology Group 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bytes Technology Group
Frequently Asked Questions about Bytes Technology Group
When was Bytes Technology Group founded?
Bytes Technology Group was founded in 2020.
Where is Bytes Technology Group located?
Bytes Technology Group is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Bytes Technology Group have?
As of Feb 28, 2024, the latest employee count at Bytes Technology Group is 1,250.
What is the annual revenue of Bytes Technology Group?
Annual revenue of Bytes Technology Group is $272.05M as on Feb 28, 2024.
What does Bytes Technology Group do?
Bytes Technology Group was established in 2020 and is based in London, United Kingdom. A range of IT service suite solutions is delivered by the company within the technology sector. Core operations encompass IT consulting, software integration, and support services for business needs. Focus is placed on efficient digital infrastructure for clients, primarily operating from the UK with potential for broader European reach via its online domain.
Who are the top competitors of Bytes Technology Group?
Bytes Technology Group's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Bytes Technology Group offer?
Bytes Technology Group offers Bytes Software Services, Phoenix Software, and Cloud Services.
Is Bytes Technology Group publicly traded?
Yes, Bytes Technology Group is publicly traded on LSE under the ticker symbol BYIT.
What is Bytes Technology Group's ticker symbol?
The ticker symbol of Bytes Technology Group is BYIT on LSE.