About MXBIT
MXBIT is a Technology company based in Bengaluru (India) founded in 2012. It provides a suite of IT services to enhance daily business operations. It operates on a B2B model. Its focus areas include IT Services, Business Operations and Support Services. Its legal entity in India is Mxbit Technology Innovations Private Limited (U72200KL2012PTC030465). Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
MXBIT, founded in 2012 in Bengaluru, India, focuses on leveraging cutting-edge technology, providing IT services, business operations, and support services. Provides a suite of IT services to enhance daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website mxbit.co.in
- Social X Facebook
- Legal Name Mxbit Technology Innovations Private Limited
- Date of Incorporation 06 Feb, 2012
- Jurisdiction Thiruvananthapuram, Kerala, India
- Annual Revenue₹58,257
FY 2025 · +2% YoY
- Net Profit₹65,043
FY 2025 · 112% margin
- EBITDA₹72,347
FY 2025 · 124% margin
Associated legal entities of MXBIT
MXBIT operates through Mxbit Technology Innovations 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 |
|---|---|---|---|---|---|---|---|
| Mxbit Technology Innovations Private Limited CIN U72200KL2012PTC030465 | Active | 06 Feb 2012 | Thiruvananthapuram, Kerala | ₹0.0 Cr | 2 | View details |
Board of directors of Mxbit Technology Innovations Private Limited (MXBIT)
Mxbit Technology Innovations Private Limited is the primary company behind MXBIT. The board of Mxbit Technology Innovations Private Limited currently have 2 directors; the longest-serving is Anand Kumar Vimalanathan, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Kumar Vimalanathan DIN 03202881 | Managing Director | 06 Feb 2012 | 14 yrs 9 mo | Mxbit Technology Innovations Private Limited |
| Geetha Nagarajan DIN 03358003 | Director | 06 Feb 2012 | 14 yrs 9 mo | Mxbit Technology Innovations Private Limited |
Financials of MXBIT
Figures of Mxbit Technology Innovations Private Limited, the primary company behind MXBIT, for FY 2025. Revenue was ₹58,257 (+2% year on year). Net profit was ₹65,043 (112% margin). EBITDA was ₹72,347 (124% margin). Revenue has grown at a compounded annual rate of -70% over three years and -25% over five years.
- ₹58,257Revenue · FY 2025 · +2% YoY
- ₹65,043Net profit · 112% margin
- ₹72,347EBITDA · 124% margin
- ₹2.5 LakhPaid-up capital
- -70%Revenue CAGR, 3 years
- -25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mxbit Technology Innovations Private Limited are on its company page.
Detailed financial statements for MXBIT
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Competitors of MXBIT
MXBIT 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 MXBIT
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about MXBIT
MXBIT was founded in 2012.
MXBIT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind MXBIT, Mxbit Technology Innovations Private Limited, reported revenue of ₹58,257 for FY 2025, up 2% year on year.
MXBIT, founded in 2012 in Bengaluru, India, focuses on leveraging cutting-edge technology, providing IT services, business operations, and support services. Provides a suite of IT services to enhance daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
MXBIT's top competitors include Happiest Minds and Datamatics.
MXBIT operates through Mxbit Technology Innovations Private Limited.
The legal entities of MXBIT currently have 2 directors, including Anand Kumar Vimalanathan, Geetha Nagarajan.