Where is Bitwise located?

Bitwise is headquartered in Schaumburg, United States. It is registered at 'BITWISE WORLD', NEXT TOSHIVAJI HOUSING, SOCIETY, OFF SENAPATI BAPAT ROAD, PUNE - 411 016., Maharashtra, India, 000000.

Which legal entities is Bitwise associated with?

Bitwise is associated with BITWISE SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Bitwise have?

As of May 31, 2025, the latest employee count at Bitwise is 1024.

What is the annual revenue of Bitwise?

Annual revenue of Bitwise is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Bitwise rank among its competitors?

Bitwise ranks 173rd amongst 15340 active competitors, of which 365 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Capgemini, which secured $249K in Jan, 2023.

Who are the top competitors of Bitwise?

Bitwise's top competitors include Fractal Analytics, EXL and Accion Labs. Among them, Capgemini secured the most recent funding round in January, 2023.

Bitwise - 2026 Company Profile, Team, Competitors & Financials

Bitwise is a funded company based in Schaumburg (United States), founded in 1996 by Salil Vasant Sakhardande, Neelesh Makarand Desai and Hemlata Salil Sakhardande. It operates as a Provider of IT suite services. The company has 15340 active competitors, including 365 funded and 245 that have exited. Its top competitors include companies like Fractal Analytics, EXL and Accion Labs.

Company Details

Provider of IT suite services. It specializes in software, mobile application & web development, data engineering and analytics, business intelligence modernization, data governance, cloud strategy and migration, DevOps, quality assurance and testing, and managed services for ongoing application support and operations, helping enterprises accelerate digital transformation with automation-first and AI-enabled frameworks.

Website: bitwiseglobal.com
Social
Email ID: *****@bitwiseglobal.com
Phone Number: +91 **********
Registered Address: 'BITWISE WORLD', NEXT TOSHIVAJI HOUSING, SOCIETY, OFF SENAPATI BAPAT ROAD, PUNE - 411 016., Maharashtra, India, 000000

Key Metrics

Founded Year

1996

Location

Schaumburg, United States

Stage

Funding Raised

Ranked

173^rd among 15340 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,024 as on May 31, 2025

Similar Companies

Fractal Analytics & 15928 more

View Bitwise's full profile

Bitwise is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BITWISE INC. CIN: 364090217 , United States, Active	Dec 31, 1999	-	149 (As on Dec 31, 2024)	-
BITWISE SOLUTIONS PRIVATE LIMITED CIN: U62099PN1997PTC015155 , India, Active	May 07, 1997	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1089 (As on May 01, 2026)

Bitwise is a funded company.

The founders of Bitwise are Salil Vasant Sakhardande, Neelesh Makarand Desai and Hemlata Salil Sakhardande.

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

Salil Vasant Sakhardande: Co-Founder of Bitwise. They serve on the board of 1 company.
Contact Info: 1 email address
Neelesh Makarand Desai: Co-Founder & Chairman of Bitwise. They serve on the board of 1 company.
Contact Info: 1 phone number
Hemlata Salil Sakhardande: Co-Founder of Bitwise. They serve on the board of 1 company.
Contact Info: 1 email address

Bitwise's Board of Directors

Bitwise's board has 4 active members. Salil Vasant Sakhardande, Neelesh Makarand Desai, Hemlata Salil Sakhardande and Seemantini Neelesh Desai are part of team.

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

Name	Type	Representing	Status	Duration
Salil Vasant Sakhardande	Team	-	Current	29y 5m
Neelesh Makarand Desai	Team	-	Current	29y 5m
Hemlata Salil Sakhardande	Team	-	Current	23y 6m
Seemantini Neelesh Desai	Team	-	Current	23y 6m

View details of Bitwise's Founder profiles and Board Members

Bitwise's employee count trend

Bitwise has 1,024 employees as of May 25. The total employee count is 1.0% lower than what it was in May 24. Here is Bitwise's employee count trend over the years:

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Top competitors of Bitwise include Fractal Analytics, EXL and Accion Labs. Here is the list of Top 10 competitors of Bitwise, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fractal Analytics 2000, New York City (United States), Public	Provider of enterprise artificial intelligence solutions across multiple industries	$685M	Khazanah Nasional Berhad, TA Associates & 22 others	80/100
2nd	EXL 1999, New York City (United States), Public	Developer of enterprise data and artificial intelligence based operational solutions	$10M	TCV, Orogen Group & 4 others	75/100
3rd	Accion Labs 2011, Bridgeville (United States), Series A	Provider of digital engineering, data analytics, cloud infrastructure, and automation services	$93M	TA Associates, True North & 4 others	69/100
4th	TO THE NEW 2006, Singapore (Singapore), Series A	Digital technology services company providing innovative product engineering solutions to diverse industries	$3.15M	South Asia Entertainment Holding, VT Holdings ... & 7 others	66/100
5th	Version1 1996, Dublin (Ireland), Acquired	Provider of IT consulting and outsourced managed services	$107M	Development Capital, Volpi Capital & 2 others	66/100
6th	ExaWizards 2016, Chiba (Japan), Public	Developer of AI-based services for social problems	$17.4M	Sompo Holdings, Scrum Ventures & 10 others	65/100
7th	Capgemini 1967, Paris (France), Public	Provider of IT consulting services for business transformation and management	-	General Atlantic, PM & Partners & 4 others	64/100
8th	Artefact 1998, Paris (France), Acquired	Digital marketing services provider	-	Eiffel Investment Group, Cathay Capital & 4 others	64/100
9th	Quantiphi 2013, Marlborough (United States), Series A	Provider of AI and machine learning services	$23.5M	Multiples Alternate Asset Management, British International Investment ... Read more	64/100
10th	ValueLabs 1997, Hyderabad (India), Unfunded	Provider of AI development and cybersecurity services	-	-	62/100
173rd	Bitwise 1996, Schaumburg (United States), Funding Raised	Provider of IT suite services	-	-	42/100

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BITWISE SOLUTIONS PRIVATE LIMITED, the legal entity associated with Bitwise, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of BITWISE SOLUTIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -2% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	2323	3317	3525	2492	7697
Total Sales	8989	3614	5498	6224	2446
Total Expenses	3034	9637	1769	7668	5315
Operating Expenses	2942	6493	9958	1303	3767
Employee Expenses	7514	9072	9323	2941	7871
Marketing Expenses	7059	7439	3613	8236	7679
Operating Income (EBIT)	8854	4929	1119	8104	5435
Interest Expenses	1974	2593	7728	7944	1587
Expenses from other activities	5563	4455	9358	2379	6650
Information Technology Expenses	3638	9546	5530	8988	9255
EBITDA	2683	3933	4927	6261	7097
Taxes	6673	1078	2415	8812	7849
Net Profit	4271	4930	5536	2405	6993
Balance Sheet
Assets	2056	7398	3325	9824	6195
Cash Equivalent	4153	7528	9235	4347	8651
Accounts Receivables	2461	9792	6778	6996	7199
Inventory	9333	1278	5831	1223	7409
Liabilities	1412	2021	8979	1370	9003
Total Debt	5300	6310	7312	8883	8939
Accounts Payable	9225	4092	9803	3680	4625
Equities	7745	2515	5708	4623	1600
Cashflow Statement
Cash from Operating activities	2249	5536	2210	8389	7254
Cash from Investing activities	4537	7016	8265	7885	1202
Net cash from Financing activities	9973	7244	4873	9810	8783