About XOR Bit Infotech
XOR Bit Infotech is a Technology company based in Pune (India) founded in 2017. It provides comprehensive solutions in application development and managed IT services. It operates on a B2B model. Its Indian entity Xor Bit Infotech Private Limited reported revenue of ₹54.1 Lakh. Its focus areas include IT Services, Application Development and Managed IT Services. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
XOR Bit Infotech, founded in 2017 in Pune, India, focuses on leveraging cutting-edge technology, providing IT services, application development, and managed it services. Provides comprehensive solutions in application development and managed IT services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Pune, India
- SectorsTechnology
- Website xorbitinfotech.com
- Legal Name Xor Bit Infotech Private Limited
- Date of Incorporation 08 Jun, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹54.1 Lakh
FY 2024 · +360% YoY
- Net Profit₹79,910
FY 2024 · 1% margin
- EBITDA₹1.8 Lakh
FY 2024 · 3% margin
Associated legal entities of XOR Bit Infotech
XOR Bit Infotech operates through Xor Bit Infotech 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 |
|---|---|---|---|---|---|---|---|
| Xor Bit Infotech Private Limited CIN U74999PN2017PTC170895 | Active | 08 Jun 2017 | Pune, Maharashtra | ₹0.5 Cr | 2 | View details |
Board of directors of Xor Bit Infotech Private Limited (XOR Bit Infotech)
Xor Bit Infotech Private Limited is the primary company behind XOR Bit Infotech. The board of Xor Bit Infotech Private Limited currently have 2 directors; the longest-serving is Bhupinder Pal Singh Mittu, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhupinder Pal Singh Mittu DIN 07952761 | Director | 28 Sep 2017 | 9 yrs | Xor Bit Infotech Private Limited |
| Harcharan Singh Mittu DIN 07952758 | Director | 28 Sep 2017 | 9 yrs | Xor Bit Infotech Private Limited |
Financials of XOR Bit Infotech
Figures of Xor Bit Infotech Private Limited, the primary company behind XOR Bit Infotech, for FY 2024. Revenue was ₹54.1 Lakh (+360% year on year). Net profit was ₹79,910 (1% margin). EBITDA was ₹1.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +465% over three years and +91% over five years.
- ₹54.1 LakhRevenue · FY 2024 · +360% YoY
- ₹79,910Net profit · 1% margin
- ₹1.8 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- +465%Revenue CAGR, 3 years
- +91%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xor Bit Infotech Private Limited are on its company page.
Detailed financial statements for XOR Bit Infotech
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Competitors of XOR Bit Infotech
XOR Bit Infotech 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 XOR Bit Infotech
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Frequently Asked Questions about XOR Bit Infotech
XOR Bit Infotech was founded in 2017.
XOR Bit Infotech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind XOR Bit Infotech, Xor Bit Infotech Private Limited, reported revenue of ₹54.1 Lakh for FY 2024, up 360% year on year.
XOR Bit Infotech, founded in 2017 in Pune, India, focuses on leveraging cutting-edge technology, providing IT services, application development, and managed it services. Provides comprehensive solutions in application development and managed IT services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
XOR Bit Infotech's top competitors include Happiest Minds and Datamatics.
XOR Bit Infotech operates through Xor Bit Infotech Private Limited.
The legal entities of XOR Bit Infotech currently have 2 directors, including Bhupinder Pal Singh Mittu, Harcharan Singh Mittu.