Techbit Solutions

Sahibzada Ajit Singh Nagar, India Founded: 2016 • Age: 10 yrs
Offers software development, IT staffing, and custom solutions for businesses.

About Techbit Solutions

Techbit Solutions is a Technology company based in Sahibzada Ajit Singh Nagar (India) founded in 2016. It offers software development, IT staffing, and custom solutions for businesses. It operates on a B2B and Service-based model in Technology, Retail, and Healthcare sectors. The company has 12 employees. Its Indian entity Techbit Solutions Private Limited reported revenue of β‚Ή9.00 Cr. Techbit Solutions offers products and services including Web App Development, Mobile App Development, Cloud App Development, AI and ML Services, and CRM Solutions. Its focus areas include Software Development, IT Services, Custom Solutions and Ecommerce. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Techbit Solutions is a software development company headquartered in India, specializing in web and mobile app development, cloud services, AI, and IT staffing. They deliver custom solutions through agile processes, serving clients in healthcare, eCommerce, and other sectors by enhancing operational efficiency and integrating technologies like AI and cloud platforms. With offices in Canada and Australia, they focus on scalable, secure software for diverse industries.

  • Headquarters Sahibzada Ajit Singh Nagar, India
  • Employees 12
  • Sectors
    Technology
    Retail Healthcare
  • Email
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  • Phone
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  • Website techbitsolution.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Techbit Solutions Private Limited
  • Date of Incorporation 03 May, 2016
  • Jurisdiction Mohali, Punjab, India
Key Metrics
  • Annual Revenue
    ₹9.00 Cr

    FY 2024 · +7% YoY

  • Net Profit
    ₹41 Lakh

    FY 2024 · 5% margin

  • EBITDA
    ₹66.4 Lakh

    FY 2024 · 7% margin

  • Employee Count
    12

Products & Services of Techbit Solutions

Techbit Solutions offers a comprehensive portfolio of products and services, including Web App Development, Mobile App Development, Cloud App Development, AI and ML Services, and CRM Solutions.

Web App Development
Software Development

Service for creating custom web applications to meet business needs.

Mobile App Development
Mobile Solutions

Development of Android and iOS apps for various industry applications.

Cloud App Development
Cloud Services

Building scalable cloud-based applications for data management.

AI and ML Services
Artificial Intelligence

Implementation of AI models for automation and data analysis.

CRM Solutions
Business Software

Custom CRM systems to streamline customer relationship management.

Board of directors of Techbit Solutions Private Limited (Techbit Solutions)

Techbit Solutions Private Limited is the primary company behind Techbit Solutions. The board of Techbit Solutions Private Limited currently have 2 directors; the longest-serving is Raman Behl, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Raman Behl
DIN 07481725
Director03 May 201610 yrs 5 moTechbit Solutions Private Limited
Gaurav Rai
DIN 06622302
Director03 May 201610 yrs 5 moTechbit Solutions Private Limited

People of Techbit Solutions

10 people are tracked at Techbit Solutions (1 in leadership, 9 in team); the tracked headcount is 12.

NameRoleGroup
Managing Director & Chief Technical OfficerLeadership
Rohan
Software ArchitectTeam
OwnerTeam
Nikhil Sharma
Senior Business Development ManagerTeam
Mehar Alam
Software Developer Cum Team LeadTeam
Priya Tomer
Software EngineerTeam
Inder Jeet
Full Stack DeveloperTeam
Jitinder S.
Senior Business Development And Accounts ManagerTeam
Manish Sharma
Business Development ExecutiveTeam
Shivam Sharma
Business AnalystTeam
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Financials of Techbit Solutions

Figures of Techbit Solutions Private Limited, the primary company behind Techbit Solutions, for FY 2024. Revenue was ₹9.00 Cr (+7% year on year). Net profit was ₹41 Lakh (5% margin). EBITDA was ₹66.4 Lakh (7% margin). Revenue has grown at a compounded annual rate of +29% over three years and +29% over five years.

  • ₹9.00 CrRevenue · FY 2024 · +7% YoY
  • ₹41 LakhNet profit · 5% margin
  • ₹66.4 LakhEBITDA · 7% margin
  • ₹1 LakhPaid-up capital
  • 12Employees (provident fund records)
  • +29%Revenue CAGR, 3 years
  • +29%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Techbit Solutions Private Limited are on its company page.

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Detailed financial statements for Techbit Solutions

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Competitors of Techbit Solutions

Techbit Solutions has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Frequently Asked Questions about Techbit Solutions

Techbit Solutions was founded in 2016.

Techbit Solutions is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.

Techbit Solutions has 12 employees.

The primary company behind Techbit Solutions, Techbit Solutions Private Limited, reported revenue of β‚Ή9.00 Cr for FY 2024, up 7% year on year.

Techbit Solutions is a software development company headquartered in India, specializing in web and mobile app development, cloud services, AI, and IT staffing. They deliver custom solutions through agile processes, serving clients in healthcare, eCommerce, and other sectors by enhancing operational efficiency and integrating technologies like AI and cloud platforms. With offices in Canada and Australia, they focus on scalable, secure software for diverse industries.

Techbit Solutions's top competitors include Happiest Minds and Datamatics.

Techbit Solutions offers Web App Development, Mobile App Development, Cloud App Development, AI and ML Services, and CRM Solutions.

Techbit Solutions operates through Techbit Solutions Private Limited.

The legal entities of Techbit Solutions currently have 2 directors, including Raman Behl, Gaurav Rai.

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