Etherbit

Surat, India Founded: 2017 • Age: 9 yrs
Etherbit sells hardware wallets, security keys, and accessories for online retail.

About Etherbit

Etherbit is a company based in Surat (India) founded in 2017. It operates as a D2C, and B2C. Etherbit offers products and services including SafePal S1, Keystone 3 Pro, Trezor Safe 3, Ledger Nano S Plus, and Yubico YubiKey 5 NFC. Etherbit operates in a competitive market with competitors including Ledger, Coolwallet, Tangem, Ballet and TREZOR, among others.

  • Headquarter Surat, India
  • Sectors
    Consumer
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Etherbit Private Limited
  • Date of Incorporation 07 Feb, 2017
  • Jurisdiction Surat, Gujarat, India
Operational Areas
Consumer → Consumer Electronics & Appliances
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $521.05 K (USD)
    -25.89
    as on Mar 31, 2023
  • Net Profit
    $34.67 K (USD)
    7.23
    as on Mar 31, 2023
  • EBITDA
    $155.75 K (USD)
    5699.16
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Etherbit

Etherbit offers a comprehensive portfolio of products and services, including SafePal S1, Keystone 3 Pro, Trezor Safe 3, Ledger Nano S Plus, and Yubico YubiKey 5 NFC. 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.

Primary

Secure hardware wallet for cryptocurrency storage and transactions.

Advanced wallet with air-gapped security for coin management.

Open-source wallet featuring fingerprint sensor for enhanced protection.

Compact device supporting multiple cryptocurrencies securely.

Authentication key for secure access to online accounts.

Funding Insights of Etherbit

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Etherbit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Etherbit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Etherbit Comparisons

Employees
+
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Competitors of Etherbit

Etherbit 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 Ledger, Coolwallet, Tangem, Ballet and TREZOR, 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
Ledger is recognized for providing secure cryptocurrency hardware wallets.
domain founded_year HQ Location
Hardware wallet for cryptocurrencies
domain founded_year HQ Location
NFC-enabled hardware wallets for secure cryptocurrency storage are provided.
domain founded_year HQ Location
Hardware solutions for cryptocurrency wallets are provided.
domain founded_year HQ Location
A Bitcoin Hardware Wallet
domain founded_year HQ Location
Cryptocurrency cold storage hardware is offered through an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Etherbit

A physical space for your digital assets
Yourstory4 years ago

Frequently Asked Questions about Etherbit

When was Etherbit founded?

Etherbit was founded in 2017.

Where is Etherbit located?

Etherbit is headquartered in Surat, India. It is registered at Surat, Gujarat, India.

What is the annual revenue of Etherbit?

Annual revenue of Etherbit is $521.05K as on Mar 31, 2023.

What does Etherbit do?

Etherbit Private Limited, founded in 2017, operates as an Indian omni-commerce company focused on importing, exporting, and retailing security gadgets like hardware wallets. Based in Surat, it manages online stores on platforms such as Amazon and Flipkart, ensuring FDI-compliant distribution. The company serves consumers by providing secure cryptocurrency storage solutions through multi-brand sales, emphasizing quality and accessibility without offering financial advice.

Who are the top competitors of Etherbit?

Etherbit's top competitors include Ledger, Coolwallet and Tangem.

What products or services does Etherbit offer?

Etherbit offers SafePal S1, Keystone 3 Pro, Trezor Safe 3, Ledger Nano S Plus, and Yubico YubiKey 5 NFC.

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