About Crochet Technologies
Crochet Technologies is a Technology company based in Hyderabad (India) founded in 2017 by Vivek Saluja, and was acquired by Bits In Glass in August 2021. IT service suite solutions and staff augmentation services are provided. The company has 193 employees. Its chief executive, as recorded, is Vivek Saluja. Its Indian entity Bits In Glass India Private Limited reported revenue of ₹56.34 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Crochet Technologies was founded in 2017 in Hyderabad, India, with Vivek Saluja serving as founder and CEO. Operations are conducted within the IT sector, where comprehensive service suite solutions and staff augmentation are delivered to support client needs. Focus is placed on technological implementations and personnel resourcing, primarily from the Indian base to address global demands in information technology.
- Headquarters Hyderabad, India
- Employees 193
- Founders Vivek Saluja
- Stage Acquired
- SectorsTechnology
- Website crochetech.com
- Acquired by Bits In Glass (Aug 2021)
- Legal Name Crochet Technologies Private Limited
- Date of Incorporation 17 Feb, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹56.34 Cr
FY 2025 · +35% YoY
- Net Profit₹10.57 Cr
FY 2025 · 19% margin
- EBITDA₹14.54 Cr
FY 2025 · 26% margin
- Investors
- Employee Count193
- Acquired byBits In Glass
(Aug 2021)
Associated legal entities of Crochet Technologies
Crochet Technologies operates through Bits In Glass India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bits In Glass India Private Limited CIN U72900PN2017PTC168967 | Active | 17 Feb 2017 | Pune, Maharashtra | ₹56.3 Cr | 193 | 2 | View details |
Investors in Crochet Technologies
Crochet Technologies has secured backing from 1 investor. Prominent investors backing the company include Bits In Glass.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software development, consulting, and system integration services are provided. | 2002 | bitsinglass.com | Edmonton, Canada |
Investor details for Crochet Technologies
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Board of directors of Bits In Glass India Private Limited (Crochet Technologies)
Bits In Glass India Private Limited is the primary company behind Crochet Technologies. The board of Bits In Glass India Private Limited currently have 2 directors; the longest-serving is Bhalchandra Sadashiv Joshi, appointed in 2021. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhalchandra Sadashiv Joshi DIN 09219858 | Director | 31 Jul 2021 | 5 yrs 3 mo | Bits In Glass India Private Limited |
| Amit Arun Lohakare DIN 09131358 | Director | 11 Mar 2024 | 2 yrs 7 mo | Bits In Glass India Private Limited |
People of Crochet Technologies
1 people are tracked at Crochet Technologies (1 in leadership); the tracked headcount is 193.
| Name | Role | Group |
|---|---|---|
Vivek Saluja | Founder & CEO | Leadership |
Complete people profiles for Crochet Technologies
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Financials of Crochet Technologies
Figures of Bits In Glass India Private Limited, the primary company behind Crochet Technologies, for FY 2025. Revenue was ₹56.34 Cr (+35% year on year). Net profit was ₹10.57 Cr (19% margin). EBITDA was ₹14.54 Cr (26% margin). Revenue has grown at a compounded annual rate of +34% over three years and +81% over five years.
- ₹56.34 CrRevenue · FY 2025 · +35% YoY
- ₹10.57 CrNet profit · 19% margin
- ₹14.54 CrEBITDA · 26% margin
- ₹1 LakhPaid-up capital
- 193Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bits In Glass India Private Limited are on its company page.
Detailed financial statements for Crochet Technologies
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Timeline of Crochet Technologies
2 dated milestones of Crochet Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Crochet Technologies is founded.
- Exit Acquired by Bits In Glass.
Competitors of Crochet Technologies
Crochet Technologies has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Crochet Technologies
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Related news about Crochet Technologies
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Frequently Asked Questions about Crochet Technologies
Crochet Technologies was founded in 2017.
Crochet Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Vivek Saluja is the CEO of Crochet Technologies, as recorded in our data. They have also founded this company.
Crochet Technologies has 193 employees.
The primary company behind Crochet Technologies, Bits In Glass India Private Limited, reported revenue of ₹56.34 Cr for FY 2025, up 35% year on year.
Crochet Technologies was founded in 2017 in Hyderabad, India, with Vivek Saluja serving as founder and CEO. Operations are conducted within the IT sector, where comprehensive service suite solutions and staff augmentation are delivered to support client needs. Focus is placed on technological implementations and personnel resourcing, primarily from the Indian base to address global demands in information technology.
Crochet Technologies's top competitors include Happiest Minds and Datamatics.
Crochet Technologies has 1 investor. Key investors include Bits In Glass.
Crochet Technologies operates through Bits In Glass India Private Limited.
Yes. Crochet Technologies was acquired by Bits In Glass in August 2021.
The legal entities of Crochet Technologies currently have 2 directors, including Amit Arun Lohakare, Bhalchandra Sadashiv Joshi.