E-commerce platform for school supplies
2017
Noida (India)
Seed
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.
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.
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).
Diversification: Multiple income streams reduce reliance on any single segment.
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.
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.
$324 K
1
$324.0 K, Seed
as of March 26, 2021
$5 Million
as of July 12, 2021
15.43x
as of July 12, 2021
Ambient Corp
and 2 more12
Arivihan
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
March 26, 2021 | Seed | $324.0 K | $5.0 Million | $275.0 K | 4.5x | Shark Ventures, Ambient Corp |
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