Bitoodle

Bitoodle

E-commerce platform for school supplies

Founded

2017

Headquarters

Noida (India)

Status

Seed

Company Details

Website

N/A

Socials

Email

N/A

Phone

N/A

Bitoodle is an Indian company offering online fashion retail and business support services, including digital payments through a partnership with YPay Card. It serves both consumers and businesses, maintaining diversified revenue streams across B2C and B2B segments.

 Core Products and Services

  • Online Fashion Retail: Men’s and women’s apparel, including shirts, jeans and t-shirts.

  • Business Support Services: Computer systems design and administrative support.

  • Financial Services: Digital payments and related solutions, in partnership with YPay Card.

 Business Model & Revenue Streams

  • Revenue Sources: Product sales (fashion), service contracts (business support) and financial service fees.

  • Customer Segments: Mix of B2C (individual consumers) and B2B (enterprises and SMBs).

  • Market Focus: Primarily serves the Indian market.

  • Diversification: Multiple income streams reduce reliance on any single segment.

Top Clients & Partnerships

  • Client Base: Includes both individual consumers and small-to-medium business clients.

  • Key Partnership: Collaboration with YPay Card for financial services.

  • Risk Management: Broad client base helps mitigate concentration risk.

 Future Outlook & Strategic Priorities

  • Growth Strategy: Expand e-commerce and business/financial services offerings.

  • Risks: Faces profitability challenges, competition and evolving regulatory landscape.

  • Management Focus: Improve operational efficiency and scale high-growth segments.

Key People

Navneet Gupta

Key Metrics

Total Equity Funding

$324 K

No. of Funding Rounds

1

Latest Funding Round

$324.0 K, Seed

as of March 26, 2021

Post Money Valuation

$5 Million

as of July 12, 2021

Funding Multiple

15.43x

as of July 12, 2021

Investors

Ambient Corp

and 2 more

Employee Count

12

Similar Companies

Arivihan

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
March 26, 2021 Seed $324.0 K$5.0 Million$275.0 K4.5xShark Ventures, Ambient Corp

Recent News

No recent news available.