When was Elecbits founded?

Elecbits was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Elecbits located?

Elecbits is headquartered in Delhi, India. It is registered at Plot No.28, Portion of Plot No.136 to 140, GF, Gali No.8, Block Z Commercial Enclave, M, ohanGarden, West Delhi, Delhi, Delhi, India, 110059.

Who is the current CEO of Elecbits?

Saurav Kumar Kumar of Elecbits. They have also founded 1 company.

Which legal entities is Elecbits associated with?

Elecbits is associated with ELECBITS TECHNOLOGIES PRIVATE LIMITED and 2 others.

How many employees does Elecbits have?

As of May 31, 2026, the latest employee count at Elecbits is 81.

Is Elecbits a funded company?

Elecbits is a funded company, having raised a total of $7.41M across 11 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 25, 2022.

How much is Elecbits worth?

The latest valuation of Elecbits is $***** as of Jul 24, 2023.

When was the latest funding round of Elecbits?

Elecbits' latest funding was a $***** Angel round on Nov 10, 2025, with participation from 1 investor.

What is the annual revenue of Elecbits?

Annual revenue of Elecbits is less than ₹10 Cr as on Mar 31, 2024

Where does Elecbits rank among its competitors?

Elecbits ranks 16th amongst 2097 active competitors, of which 27 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Mekr Technologies, which secured $7.04M in Apr, 2026.

Who are the top competitors of Elecbits?

Elecbits' top competitors include Flex, Dixon Technologies and Foxconn Electronics. Among them, Mekr Technologies secured the most recent funding round in April, 2026.

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

Elecbits is a series A company based in Delhi (India), founded in 2019 by Nikhil Rawat and Saurav Kumar Kumar. It operates as an Electronics manufacturing services. Elecbits has raised $7.41M in funding from investors like Nexus Venture Partners, Momentum and Suprajit Group, with a current valuation of $*****. The company has 2097 active competitors, including 27 funded and 143 that have exited. Its top competitors include companies like Flex, Dixon Technologies and Foxconn Electronics.

Company Details

Provider of business intelligence and market research services. The company offers a platform that tracks startups, private companies, and investment trends across various industries. It provides data-driven insights, analytics, and reports to help investors, corporations, and government agencies make informed decisions regarding market opportunities and competitive landscapes.

Website: elecbits.in
Social
Email ID: *****@elecbits.in
Phone Number: +91 **********
Registered Address: Plot No.28, Portion of Plot No.136 to 140, GF, Gali No.8, Block Z Commercial Enclave, M, ohanGarden, West Delhi, Delhi, Delhi, India, 110059

Key Metrics

Founded Year

2019

Location

Delhi, India

Stage

Series A

Total Funding

$7.41M in 11 rounds

Latest Funding Round

Angel, Nov 10, 2025, $*****

Post Money Valuation

$***** as on Jul 24, 2023

Investors

Nexus Venture Partners & 48 more

Ranked

16^th among 2097 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

81 as on May 31, 2026

Investment & Acquisitions

EVE Healthcare

Similar Companies

Flex & 2113 more

View Elecbits' full profile

Elecbits is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
ELECBITS LABS LLP CIN: AAO-3465 , India, Strike off	Feb 21, 2019	0 - ₹10 Cr (As on Mar 31, 2020)	-
AZOOX TECHNOLOGIES PRIVATE LIMITED CIN: U26109DL2023PTC420602 , India, Active	Sep 26, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	81 (As on May 01, 2026)
ELECBITS TECHNOLOGIES PRIVATE LIMITED CIN: U80904DL2019PTC349051 , India, Active	Apr 24, 2019	0 - ₹10 Cr (As on Mar 31, 2024)	-

Elecbits has raised a total funding of $7.41M over 11 rounds. Its first funding round was on Feb 25, 2022. Its latest funding round was a Angel round on Nov 10, 2025 for $*****. 1 investor participated in its latest round. Elecbits has 11 institutional investors and 38 angel investors.

Here is the list of recent funding rounds of Elecbits:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 10, 2025	5917987	Angel	1358768	8268517	8103790	7099138
Nov 08, 2025	1123453	Series A	8573037	4336852	1974014	SE Ventures & 1 more
2024	5475	Seed	3161	5051	2544	Valour Capital

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View details of Elecbits's funding rounds and investors

The founders of Elecbits are Nikhil Rawat and Saurav Kumar Kumar. Saurav Kumar Kumar is the CEO of Elecbits.

Here are the details of Elecbits' key team members:

Nikhil Rawat: Co-Founder of Elecbits. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Saurav Kumar Kumar: Co-Founder & CEO of Elecbits. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Elecbits' Board of Directors

Elecbits's board has 2 active members. Nikhil Rawat and Saurav Kumar Kumar are part of team.

Here is the list of Elecbits' board of directors:

Name	Type	Representing	Status	Duration
Nikhil Rawat	Team	-	Current	7y 6m
Saurav Kumar Kumar	Team	-	Current	7y 6m

View details of Elecbits's Founder profiles and Board Members

Elecbits' employee count trend

Elecbits has 81 employees as of May 26. The total employee count is 125.0% more than what it was in May 25. Here is Elecbits's employee count trend over the years:

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Top competitors of Elecbits include Flex, Dixon Technologies and Foxconn Electronics. Here is the list of Top 10 competitors of Elecbits, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flex 1969, San Jose (United States), Public	Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services	$5.06M	Silver Lake, insept7 & 4 others	77/100
2nd	Dixon Technologies 1993, Noida (India), Public	Provider of electronics manufacturing services	$9.32M	India Capital Growth, Steadview & 2 others	73/100
3rd	Foxconn Electronics 1974, Taipei (Taiwan), Public	Electronic products manufacturer	-	Demtech, WK Technology Fund & 3 others	73/100
4th	Kaynes Technology 2008, Mysuru (India), Public	Integrated electronics manufacturer offering end-to-end and IoT solutions across various industries	$22.4M	Acacia Banyan Partners, East Fifty Four & 31 others	68/100
5th	Mekr Technologies 2022, Sonipat (India), Series A	A digital manufacturing platform for end to end electronic product manufacturing	$8.58M	Avaana Capital Advisors, Titan Capital & 16 others	67/100
6th	Syrma SGS 2004, Mumbai (India), Public	Provider of product design, prototyping, PCB assembly, repair, and automatic tester development services	-	HDFC Mutual Fund, Axis Mutual Fund & 7 others	64/100
7th	Brandworks 2017, Mumbai (India), Series A	Manufacturer of electronic products including power electronics, audio solutions, payment devices, and surveillance systems	$11.3M	Cactus Venture Partners, Legacy Assets & 5 others	64/100
8th	SFO Technologies 1990, Kochi (India), Late Stage	Provider of ODM Plus solutions	$120M	True North, Infrastructure Leasing & Financial Services ... & 19 others	64/100
9th	Jabil 1966, St. Petersburg (United States), Public	Provider of manufacturing solution, technical & design capabilities, and supply chain insight services	-	Convergence Partners, Excelsior Capital Asia ... & 3 others	63/100
10th	Avalon 2000, Chennai (India), Public	Manufacturer of electronic assemblies and integrated systems for diverse industrial and technical applications	-	Europa	62/100
16th	Elecbits 2019, Delhi (India), Series A	Electronics manufacturing services	$7.41M	Nexus Venture Partners, SE Ventures & 47 others	58/100

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ELECBITS TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Elecbits, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of ELECBITS TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 169% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income Statement
Revenue	4204	5079	4585	2096	6062
Total Sales	1511	8607	9933	3867	9952
Total Expenses	3354	7342	9906	8764	8862
Operating Expenses	8989	1568	6145	2803	6131
Employee Expenses	7809	8419	1969	6455	1950
Operating Income (EBIT)	3913	9845	1901	1439	6372
Interest Expenses	8900	1884	6767	3417	2287
Expenses from other activities	3105	7377	9719	8796	7209
EBITDA	7278	7774	2572	8077	7441
Taxes	4284	8564	7466	5609	5184
Net Profit	8834	4763	3130	4797	9444
Balance Sheet
Assets	9210	3686	3772	9200	4770
Accounts Receivables	7418	4355	1665	2380	9125
Inventory	2176	9914	3314	7225	1891
Liabilities	3224	3389	7260	9798	3930
Total Debt	2242	2533	2538	1608	2851
Accounts Payable	9293	1641	2502	4675	4448
Equities	8143	6082	1216	4084	7332

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 68.96%, Enterprises own 3.35%, Angels own 25.95% and Other People own 1.74%. The net worth of Elecbits's founders is INR 11.9Cr as of Jul 24, 2023. The cap table displayed below is for ELECBITS TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Elecbits.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	68.96%	11.9Cr	8175355	8977158	4300621	2787139
Saurav Kumar Kumar	1863548	1101781	3038532	5516315	6817319	6281135
Nikhil Rawat	4179465	2817349	1878673	7657220	1594544	5127796
Enterprise	3.35%	57.8L	239	489	482	828
Angel	25.95%	4.47Cr	1731558	5815732	2527278	1999564
Other People	1.74%	30L	5	8	2	1
Total	100.00%	17.2Cr	1625428	4974730	4569362	9841376