About eXabit
eXabit is a company based in Bengaluru (India) founded in 2014 by Satyajeet Mahapatra. It operates as a B2B. eXabit has raised $239.86 thousand across 4 funding rounds from investors including Ashish Pattjoshi, Sidharth Gupta and Shubranshu Sekhar Pani. The company has 19 employees as of March 31, 2018. eXabit operates in a competitive market with competitors including Semios, CropIn, xFarm, CropX and Conservis, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 31 Mar, 2018
- Founders Satyajeet Mahapatra
- Stage Minicorn
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Sectors
Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Exabit Systems Private Limited
- Date of Incorporation 17 Sep, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$53.44 K (USD)175.38as on Mar 31, 2018
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Net Profit
$-54.97 K (USD)26.82as on Mar 31, 2018
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EBITDA
$1.08 K (USD)104.27as on Mar 31, 2018
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Total Equity Funding
$239.86 K (USD)
in 4 rounds
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Latest Funding Round
$113.4 K (USD), Angel Round
Mar 31, 2017
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Investors
FasterCapital
& 21 more
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Employee Count
19
as on Mar 31, 2018
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Funding Insights of eXabit
eXabit has successfully raised a total of $239.86K across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $113.4 thousand completed in March 2017. 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 4
- Last Round Angel Round — $113,399
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First Round
First Round
(19 Apr 2016)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Angel Round - eXabit | Valuation | Ashish Pattjoshi | |
| Oct, 2016 | Amount | Angel Round - eXabit | Valuation | Swaminathan Balasubramanian | |
| Oct, 2016 | Amount | Seed - eXabit | Valuation |
investors |
| 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 |
Investors in eXabit
eXabit has secured backing from 22 investors, including angel and venture fund investors. Prominent investors backing the company include Ashish Pattjoshi, Sidharth Gupta and Shubranshu Sekhar Pani. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture building, startup incubation, and funding services are provided by FasterCapital.
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Founded Year | Domain | Location | |
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AP
Ashish Pattjoshi |
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|
Founded Year | Domain | Location |
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SG
Sidharth Gupta |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eXabit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - eXabit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exabit Comparisons
Competitors of eXabit
eXabit 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 Semios, CropIn, xFarm, CropX and Conservis, 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 |
Data and analytics are delivered for precision crop management.
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| domain | founded_year | HQ Location |
Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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| domain | founded_year | HQ Location |
Farm management solutions are delivered via an IoT-sensor platform.
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| domain | founded_year | HQ Location |
Provider of wireless sensors for soil moisture monitoring
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| domain | founded_year | HQ Location |
Cloud-based farm management solutions are developed and offered.
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| domain | founded_year | HQ Location |
SaaS-based farm management software is provided for agricultural data analysis.
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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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Frequently Asked Questions about eXabit
When was eXabit founded?
eXabit was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is eXabit located?
eXabit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of eXabit?
Satyajeet Mahapatra is the current CEO of eXabit. They have also founded this company.
Is eXabit a funded company?
eXabit is a funded company, having raised a total of $239.86K across 4 funding rounds to date.
How many employees does eXabit have?
As of Mar 31, 2018, the latest employee count at eXabit is 19.
What is the annual revenue of eXabit?
Annual revenue of eXabit is $53.44K as on Mar 31, 2018.
What does eXabit do?
eXabit, founded in 2014 in Bengaluru, India, focuses on leveraging cutting-edge technology, agritech, farm automation, and offering BI tools. Delivers a farm automation and business intelligence platform for Indian farmers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are eXabit's investors?
eXabit has 22 investors. Key investors include Ashish Pattjoshi, Sidharth Gupta, Shubranshu Sekhar Pani, Shardul Shivaji Kashirsagar, and Mahalingam Srinivaasan.
What is eXabit's valuation?
The valuation of eXabit is $1.95M as of Mar 2017.