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Blitzscale Technology Solutions - About the company

Blitzscale Technology Solutions is a series B company based in Bengaluru (India), founded in 2018 by Rishabh Verma, Harmin Shah and Anubhav Singh. It operates as a Provider of e-commerce platforms and online marketplace solutions. Blitzscale Technology Solutions 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 2676 active competitors, including 263 funded and 190 that have exited. Its top competitors include companies like Shopify, Squarespace and Weebly.

Company Details

Provider of e-commerce platforms and online marketplace solutions. It offers a marketplace where sellers can list and sell products, accessible through mobile and web applications. Additionally, it provides a platform enabling businesses to create and manage their online stores, offering essential e-commerce tools. The company also facilitates online shopping and faster shipping for customers.
Social
Facebook
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
₹159Cr as on Mar 31, 2025
Employee Count
207 as on Aug 31, 2025
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Blitzscale Technology Solutions's funding and investors

Blitzscale Technology Solutions 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 Aug 07, 2024 for $*****. 5 investors participated in its latest round. Blitzscale Technology Solutions has 5 institutional investors.

Here is the list of recent funding rounds of Blitzscale Technology Solutions:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 07, 2024
7682648
Series B
3917534
7907951
5683615
3669503
Dec 17, 2019
2104954
Series B
4756968
4078460
3285173
Feb 13, 2019
5080004
Series A
3786695
1932835
1558460
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Blitzscale Technology Solutions' founders and board of directors

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

Blitzscale Technology Solutions' Board of Directors

Blitzscale Technology Solutions's board has 3 active members. Rishabh Verma and Harmin Shah are part of team and Anant Vidur Puri is independent board member.
Here is the list of Blitzscale Technology Solutions' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 5m
yizogvr
Team
-
Past
7y 1m
Independent board member
-
Current
1y 9m

Blitzscale Technology Solutions' employee count trend

Blitzscale Technology Solutions has 207 employees as of Aug 25. The total employee count is 22.0% more than what it was in Aug 24. Here is Blitzscale Technology Solutions's employee count trend over the years:
Employee count trend for Blitzscale Technology Solutions
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Blitzscale Technology Solutions's Competitors and alternates

Top competitors of Blitzscale Technology Solutions include Shopify, Squarespace and Weebly. Here is the list of Top 10 competitors of Blitzscale Technology Solutions, 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 Squarespace
Squarespace
2003, United States, Acquired
Provider of tools for website creation, hosting, and online business
$591M
83/100
3rd
Logo for Weebly
Weebly
2007, San Francisco (United States), Acquired
Provider of tools for website creation, e-commerce, and marketing
$39.8M
78/100
4th
Logo for Pattern Com
Pattern Com
2009, London (United Kingdom), Public
Provider of ecommerce services including marketplace growth, fulfillment, and software
$277M
73/100
5th
Logo for Fynd
Fynd
2012, Mumbai (India), Acquired
Platform powering online and in-store retail operations using AI-driven tools
$16M
72/100
6th
Logo for AnyMind Group
AnyMind Group
2016, Minato (Japan), Public
Provider of e-commerce, marketing, and manufacturing platforms
$91.7M
72/100
7th
Logo for CommerceIQ
CommerceIQ
2012, Mountain View (United States), Series D
Provider of unified AI platform for retail ecommerce sales and optimization
$196M
71/100
8th
Logo for WooCommerce
WooCommerce
2008, Cape Town (South Africa), Acquired
Developer of an open-source platform for customizable ecommerce solutions
-
70/100
9th
Logo for Nuvemshop
Nuvemshop
2011, Sao Paulo (Brazil), Series E
Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America
$632M
69/100
10th
Logo for Cart.com
Cart.com
2020, Houston (United States), Series D
Provider of unified commerce and logistics solutions for business growth
$735M
69/100
49th
Logo for Blitzscale Technology Solutions
Blitzscale Technology Solutions
2018, Bengaluru (India), Series B
Provider of e-commerce platforms and online marketplace solutions
$18.5M
58/100
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Blitzscale Technology Solutions'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 Technology Solutions's founders is INR 139Cr as of Jul 30, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
33.40%
139Cr
7686112
7227096
8109258
2066684
7801586
7962630
2970777
2577199
5275896
6562435
4648947
8396900
5876534
4212450
3643103
4508037
Fund
59.01%
245Cr
9788566
2528111
6341879
7468239
3531355
5879743
1034650
8933973
3918774
4210606
1625755
4511107
3135349
1959755
1649712
5971057
5248324
3365667
1136121
5279631
4864345
1768417
8634752
1190222
1990409
2042431
5464437
3472906
Enterprise
0.33%
1.35Cr
0
0
0
0
ESOP Pool
7.27%
30.2Cr
3039738
6644390
2509696
8688005
Total
100.00%
415Cr
7396809
2495520
1868613
8421668
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Blitzscale Technology Solutions's Investments and acquisitions

Blitzscale Technology Solutions has made no investments or acquisitions yet.

Reports related to Blitzscale Technology Solutions

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FAQs about Blitzscale Technology Solutions

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