About Initbit
Initbit is a company based in Pune (India) founded in 2017 by Raunak Kumar. It operates as a B2B. Initbit operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Founders Raunak Kumar
- SectorsTechnology
- Website initbit.in
- Legal Name Initbit Technologies Private Limited
- Date of Incorporation 21 Dec, 2017
- Jurisdiction Pune, Maharashtra, India
- Net Loss-₹27,402
FY 2025 · -3108% margin
- EBITDA-₹27,402
FY 2025 · -3108% margin
Associated legal entities of Initbit
Initbit operates through Initbit Technologies 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 |
|---|---|---|---|---|---|---|---|
| Initbit Technologies Private Limited CIN U74999PN2017PTC173962 | Active | 21 Dec 2017 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Board of directors of Initbit Technologies Private Limited (Initbit)
Initbit Technologies Private Limited is the primary company behind Initbit. The board of Initbit Technologies Private Limited currently have 2 directors; the longest-serving is Raunak Kumar, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raunak Kumar DIN 08014744 | Director | 21 Dec 2017 | 8 yrs 9 mo | Initbit Technologies Private Limited |
| Ary Vashist DIN 07058568 | Director | 22 May 2019 | 7 yrs 4 mo | Initbit Technologies Private Limited |
People of Initbit
1 people are tracked at Initbit (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Initbit
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Financials of Initbit
Figures of Initbit Technologies Private Limited, the primary company behind Initbit, for FY 2025. Net loss was -₹27,402 (-3108% margin). EBITDA was -₹27,402 (-3108% margin). Revenue has grown at a compounded annual rate of -66% over three years and -82% over five years.
- -₹27,402Net loss · -3108% margin
- -₹27,402EBITDA · -3108% margin
- ₹1 LakhPaid-up capital
- -66%Revenue CAGR, 3 years
- -82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Initbit Technologies Private Limited are on its company page.
Detailed financial statements for Initbit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Initbit
Initbit 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 Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Initbit
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- Full competitor set
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Web traffic of Initbit
The website of Initbit (initbit.in) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Initbit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Initbit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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Similar companies to Initbit
10 companies that operate in the same segment as Initbit (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Initbit
Initbit was founded in 2017.
Initbit is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Annual revenue of Initbit is $63.15K as on Mar 31, 2020.
Initbit, based in Pune, focuses on leveraging cutting-edge technology, providing IT services, development services, and web and mobile. Delivers comprehensive web, mobile development, ARVR, IoT, and related services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Initbit's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Initbit operates through Initbit Technologies Private Limited.
The legal entities of Initbit currently have 2 directors, including Raunak Kumar, Ary Vashist.
The website of Initbit receives about 681 thousand visits a month.