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Blitzscale Tech - About the company

Blitzscale Tech is a series B company based in Bengaluru (India), founded in 2018 by Rishabh Verma, Harmin Shah and Anubhav Singh. It operates as an Operator of online marketplaces and software for electronic commerce stores. Blitzscale Tech has raised $18.5M in funding from investors like Bessemer Venture Partners, Elevation Capital and Venture Highway, with a current valuation of ₹*****. The company has 1032 active competitors, including 103 funded and 69 that have exited. Its top competitors include companies like Shopify, BigCommerce and ShopUp.

Company Details

Operator of online marketplaces and software for electronic commerce stores. The business manages digital platforms that facilitate product listings and consumer purchases. It provides tools for small and medium enterprises to establish and maintain online storefronts. Additionally, the organization offers logistics support to manage shipping and delivery processes for retail transactions.
Email ID
*****@blitzscale.co
Phone Number
+91 **********
Registered Address
Plot No. 19/4, 27, Outer Ring Road, Panathur Junction, Panathur, Bangalore, Bangalore South, Karnataka, India, 560103
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Series B
Total Funding
$18.5M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 30, 2024
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
275 as on May 31, 2026
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Blitzscale Tech's funding and investors

Blitzscale Tech has raised a total funding of $18.5M over 3 rounds. Its first funding round was on Feb 13, 2019. Its latest funding round was a Series B round on Jul 30, 2024 for $*****. 5 investors participated in its latest round. Blitzscale Tech has 5 institutional investors.

Here is the list of recent funding rounds of Blitzscale Tech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2024
5447939
Series B
7309600
4992065
3379974
2989855
Dec 17, 2019
4065733
Series B
2387424
1717970
8755726
Feb 13, 2019
7339295
Series A
3685903
5055811
6266846
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Blitzscale Tech's founders and board of directors

Founder? Claim Profile
The founders of Blitzscale Tech are Rishabh Verma, Harmin Shah and Anubhav Singh.
Here are the details of Blitzscale Tech's key team members:

Blitzscale Tech's Board of Directors

Blitzscale Tech's board has 3 active members. Rishabh Verma, Harmin Shah and Anant Vidur Puri are part of team.
Here is the list of Blitzscale Tech's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 10m
gyztcnk
Team
-
Past
6y 3m
Investor
-
Current
2y 2m

Blitzscale Tech's employee count trend

Blitzscale Tech has 275 employees as of May 26. The total employee count is 30.0% more than what it was in May 25. Here is Blitzscale Tech's employee count trend over the years:
Employee count trend for Blitzscale Tech
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Blitzscale Tech's Competitors and alternates

Top competitors of Blitzscale Tech include Shopify, BigCommerce and ShopUp. Here is the list of Top 10 competitors of Blitzscale Tech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shopify
Shopify
2006, Ottawa (Canada), Public
Provider of an all-in-one commerce platform for businesses of all sizes
$122M
88/100
2nd
Logo for BigCommerce
BigCommerce
2009, Austin (United States), Public
Provider of ecommerce platform and related services for online businesses
$233M
74/100
3rd
Logo for ShopUp
ShopUp
2017, Dhaka (Bangladesh), Series B
Retailer of neighborhood shops and clothing
$198M
73/100
4th
Logo for CommerceIQ
CommerceIQ
2012, Mountain View (United States), Series D
Provider of unified AI platform for retail ecommerce sales and optimization
$196M
72/100
5th
Logo for SPS Commerce
SPS Commerce
1998, Minneapolis (United States), Public
Provider of cloud-based platform for retail supply chain management solutions
$50.5M
67/100
6th
Logo for Mirakl
Mirakl
2012, Paris (France), Series E
Cloud-based e-commerce suite solutions for marketplace businesses
$948M
66/100
7th
Logo for Archive
Archive
2021, San Francisco (United States), Series B
Provider of software suite solutions for recommerce fashion brands
$54M
65/100
8th
Logo for Global-e
Global-e
2013, London (United Kingdom), Public
Provider of platform simplifying cross-border e-commerce for merchants and global shoppers
$100M
64/100
9th
Logo for Wmall
Wmall
2018, Bengaluru (India), Series B
App-based online retailer of multi-category consumer products
$10.6M
64/100
10th
Logo for Marketplacer
Marketplacer
2007, South Melbourne (Australia), Series C
Providing solutions to create marketplace platform for businesses
$85M
63/100
13th
Logo for Blitzscale Tech
Blitzscale Tech
2018, Bengaluru (India), Series B
Operator of online marketplaces and software for electronic commerce stores
$18.5M
59/100
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Blitzscale Tech's Latest cap tables and shareholding

Founders own 33.40%, Funds (largest shareholder) own 59.01%, Enterprises own 0.33% and ESOP Pool own 7.27%. The net worth of Blitzscale Tech's founders is INR 139Cr as of Jul 30, 2024. The cap table displayed below is for BLITZSCALE TECHNOLOGY SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Blitzscale Tech.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
33.40%
139Cr
2611679
5748876
9455397
7548755
1473399
9339458
8927407
2528601
6768171
6112461
3441119
4174643
7408479
6007498
3694811
8155196
Fund
59.01%
245Cr
8929637
3012045
2549264
5971313
8150295
8652501
9486125
5256827
8594973
8346646
4106997
4447815
6055683
1350965
1819558
5978927
9874028
8679470
5894121
9416434
2146599
9070381
6399965
9768294
8070814
9789196
7536412
3434997
Enterprise
0.33%
1.35Cr
0
0
0
0
ESOP Pool
7.27%
30.2Cr
8012199
5923053
7612696
3182440
Total
100.00%
415Cr
9298072
4612649
6708841
2516388
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Blitzscale Tech's Investments and acquisitions

Blitzscale Tech has made no investments or acquisitions yet.

Reports related to Blitzscale Tech

Here is the latest report on Blitzscale Tech's sector:

FAQs about Blitzscale Tech

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