About Goodbits
Goodbits is a Technology company based in Kochi (India) founded in 2016. Digital coupons and tax benefits solutions. The company has 1 employees. Its Indian entity Goodbits Tech Private Limited reported revenue of ₹73.5 Lakh. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Employee Benefits Management. Its competitors include Rupid, Paysack and Vrddi; 2 of its 3 listed competitors have raised funding.
Company details
Goodbits was founded in 2016 in Kochi, India, within the digital financial solutions sector. A platform called SYM is being developed to provide digitized food coupons and various employee tax benefits. Operations focus on creating these tools for workplace incentives. As of July 2016, the platform had not been launched, with development ongoing in the Indian market.
- Headquarters Kochi, India
- Employees 1
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website goodbits.in
- Social LinkedIn
- Legal Name Goodbits Tech Private Limited
- Date of Incorporation 22 Jun, 2016
- Jurisdiction Kochi, Kerala, India
- Annual Revenue₹73.5 Lakh
FY 2024 · -95% YoY
- Net Loss-₹49.2 Lakh
FY 2024 · -67% margin
- EBITDA-₹45.1 Lakh
FY 2024 · -61% margin
- Employee Count1
Associated legal entities of Goodbits
Goodbits operates through Goodbits Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Goodbits Tech Private Limited CIN U72900KL2016PTC046095 | Active | 22 Jun 2016 | Kochi, Kerala | ₹0.7 Cr | 1 | 3 | View details |
Board of directors of Goodbits Tech Private Limited (Goodbits)
Goodbits Tech Private Limited is the primary company behind Goodbits. The board of Goodbits Tech Private Limited currently have 3 directors; the longest-serving is Derrick Sebastian, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Derrick Sebastian DIN 06900938 | Managing Director | 01 Oct 2022 | 4 yrs | Goodbits Tech Private Limited |
| Martin Houitte De La Chesnais DIN 10471192 | Director | 24 Jan 2024 | 2 yrs 9 mo | Goodbits Tech Private Limited |
| Julien Marcel Gavaldon DIN 10474767 | Director | 24 Jan 2024 | 2 yrs 9 mo | Goodbits Tech Private Limited |
Financials of Goodbits
Figures of Goodbits Tech Private Limited, the primary company behind Goodbits, for FY 2024. Revenue was ₹73.5 Lakh (-95% year on year). Net loss was -₹49.2 Lakh (-67% margin). EBITDA was -₹45.1 Lakh (-61% margin). Revenue has grown at a compounded annual rate of -35% over three years and -9% over five years.
- ₹73.5 LakhRevenue · FY 2024 · -95% YoY
- -₹49.2 LakhNet loss · -67% margin
- -₹45.1 LakhEBITDA · -61% margin
- ₹1.1 LakhPaid-up capital
- 1Employees (provident fund records)
- -35%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Goodbits Tech Private Limited are on its company page.
Detailed financial statements for Goodbits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Goodbits
Goodbits has 3 listed competitors in our database, 2 of them funded. They include Rupid, Paysack and Vrddi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rupid.in | 2022 | Hyderabad, India | $120,000 | Financial stability is provided through earned wage access solutions. | ||
| paysack.com | 2015 | Bengaluru, India | $59,801 | Full-stack banking platforms are provided for fintechs. | ||
| vrddi.com | 2022 | Noida, India | 6 | A tech-enabled solution for employee financial wellness in organizations. |
Detailed competitors of Goodbits
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- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Goodbits
Goodbits was founded in 2016.
Goodbits is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Goodbits has 1 employees.
The primary company behind Goodbits, Goodbits Tech Private Limited, reported revenue of ₹73.5 Lakh for FY 2024, down 95% year on year.
Goodbits was founded in 2016 in Kochi, India, within the digital financial solutions sector. A platform called SYM is being developed to provide digitized food coupons and various employee tax benefits. Operations focus on creating these tools for workplace incentives. As of July 2016, the platform had not been launched, with development ongoing in the Indian market.
Goodbits operates through Goodbits Tech Private Limited.
The legal entities of Goodbits currently have 3 directors, including Martin Houitte De La Chesnais, Julien Marcel Gavaldon, Derrick Sebastian.