When was Bitsila founded?

Bitsila was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Bitsila located?

Bitsila is headquartered in Bengaluru, India. It is registered at 136, First Floor, Devika Tower, Nehru Place, South Delhi, Delhi, Delhi, India, 110019.

Who is the current CEO of Bitsila?

Dasharatham Bitla of Bitsila. They have also founded 1 company.

Which legal entities is Bitsila associated with?

Bitsila is associated with INNOBITS SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Bitsila have?

As of Jan 31, 2025, the latest employee count at Bitsila is 53.

Is Bitsila a funded company?

Bitsila is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 01, 2023.

When was the latest funding round of Bitsila?

Bitsila's latest funding was a $***** Seed round on Dec 01, 2023, with participation from 2 investors.

What is the annual revenue of Bitsila?

Annual revenue of Bitsila is less than ₹10 Cr as on Mar 31, 2025

Where does Bitsila rank among its competitors?

Bitsila ranks 2nd amongst 27 active competitors, of which 2 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Bitsila, which secured an undisclosed amount in Dec, 2023.

Who are the top competitors of Bitsila?

Bitsila's top competitors include JungleWorks, My Mandi and ShopX. Among them, Bitsila secured the most recent funding round in December, 2023.

Bitsila - 2026 Company Profile, Team, Funding, Competitors & Financials

Bitsila is an acquired company based in Bengaluru (India), founded in 2020 by Sooryah Pokkali and Dasharatham Bitla. It operates as a Provider of e-commerce platform facilitating online sales and business management. Bitsila has raised an undisclosed amount in funding from Antler. The company has 27 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like JungleWorks, My Mandi and ShopX.

Company Details

Provider of e-commerce platform facilitating online sales and business management. The platform offers tools for creating online stores, managing product catalogs, and processing orders. It provides features such as mobile applications, QR code integration, and social media connectivity. The platform supports integration with various logistics and payment solutions.

Website: www.bitsila.com/
Social
Phone Number: +91 **********
Registered Address: 136, First Floor, Devika Tower, Nehru Place, South Delhi, Delhi, Delhi, India, 110019

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Acquired

Latest Funding Round

Seed, Dec 01, 2023, $*****

Investors

Antler & 2 more

Ranked

2^nd among 27 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

53 as on Jan 31, 2025

Similar Companies

JungleWorks & 26 more

Exit Details

Acquired by Paytm (Feb 09, 2024)

View Bitsila's full profile

Bitsila is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAI PLATFORMS PRIVATE LIMITED CIN: U74999DL2016PTC304451 , India, Active	Aug 16, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	25 (As on Jun 30, 2025)
INNOBITS SOLUTIONS PRIVATE LIMITED CIN: U72900KA2020PTC141062 , India, Active	Nov 16, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	14 (As on Jan 31, 2024)

Bitsila got acquired by Paytm on Feb 09, 2024.

Click here to take a look at Bitsila's acquisition in detail

Bitsila has raised funding over 1 round. Its latest funding round was a Seed round on Dec 01, 2023 for $*****. 2 investors participated in its latest round. Bitsila has 1 institutional investor and 2 angel investors.

Here is the list of recent funding rounds of Bitsila:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2023	2098176	Seed	1983432	3857525	4756722	4482846

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View details of Bitsila's funding rounds and investors

The founders of Bitsila are Sooryah Pokkali and Dasharatham Bitla. Dasharatham Bitla is the CEO of Bitsila.

Here are the details of Bitsila's key team members:

Sooryah Pokkali: Former Co-Founder of Bitsila. They serve on the board of 1 company.
Contact Info: 1 email address
Dasharatham Bitla: Co-Founder & CEO of Bitsila. They serve on the board of 1 company.

Bitsila's Board of Directors

Bitsila's board has 2 active members. Sooryah Pokkali and Dasharatham Bitla are part of team.

Here is the list of Bitsila's board of directors:

Name	Type	Representing	Status	Duration
Sooryah Pokkali	Team	-	Current	5y 5m
Dasharatham Bitla	Team	-	Current	5y 5m

View details of Bitsila's Founder profiles and Board Members

Bitsila's employee count trend

Bitsila has 53 employees as of Jan 25. The total employee count is 141.0% more than what it was in Jan 24. Here is Bitsila's employee count trend over the years:

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Top competitors of Bitsila include JungleWorks, My Mandi and ShopX. Here is the list of Top 10 competitors of Bitsila, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	JungleWorks 2011, Tampa (United States), Unfunded	Provider of a suite of software for managing local commerce	-	-	49/100
2nd	Bitsila 2020, Bengaluru (India), Acquired	Provider of e-commerce platform facilitating online sales and business management	-	Antler & 2 others	35/100
3rd	My Mandi 2021, Gwalior (India), Seed	Provider of software suite solutions to hyperlocal businesses	$2.06M	Real Time Accelerator Fund, LetsVenture & 11 others	34/100
4th	ShopX 2020, San Ramon (United States), Unfunded	Provider of eCommerce platform built for hyperlocal businesses	-	-	24/100
5th	OnlyShops 2025, United States, Unfunded	Digital marketplace connecting local merchants with consumers for product discovery	-	-	24/100
6th	Nearbybazar 2017, Moradabad (India), Funding Raised	Providing solution to create an online hyperlocal store for businesses	-	Atal-GreatLakes Balachandran Incubator	21/100
7th	NammaCart Solutions Private Limited 2021, Kanchipuram (India), Unfunded	Operator of an e-commerce platform connecting local retailers and customers	-	-	19/100
8th	Silkshopy Valsad (India), Unfunded	Operator of e-commerce platform connecting local shops with online consumers	-	-	16/100
9th	Skidoo Kottayam (India), Unfunded	Operator of platform for discovery and delivery from local retail stores	-	-	16/100
10th	Dripup Unfunded	Platform offering personalized shopping experiences by aggregating products from various e-commerce websites	-	-	16/100