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Elecbits - About the company

Elecbits is a series A company based in Delhi (India), founded in 2019 by Nikhil Rawat and Saurav Kumar Kumar. It operates as a Provider of electronics supply chain, engineering, and manufacturing solutions. Elecbits has raised $5.8M in funding from investors like Nexus Venture Partners, Momentum and Suprajit Group, with a current valuation of *****. The company has 6 active competitors, including 2 that are funded. Its top competitors include companies like CircuitHub, EM Electronix and Alquion.

Company Details

Provider of electronics supply chain, engineering, and manufacturing solutions. The company offers component sourcing, PCB assembly, and electronics consultation. It also provides electronics consulting, PCB designing, and firmware development. The company delivers turnkey manufacturing, quality checking, and testing services.
Social
Facebook
Email ID
*****@elecbits.in
Phone Number
+91 **********
Registered Address
ELECBITS LABS LLP Gali No.8, Block Z Commercial Enclave, M ohanGarden Plot No.28, Portion of Plot No.136 to 140, GF,
Key Metrics
Founded Year
2019
Location
Delhi, India
Stage
Series A
Total Funding
$5.8M in 8 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 24, 2023
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
27 as on Aug 31, 2025
Investment & Acquisitions
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Elecbits's funding and investors

Elecbits has raised a total funding of $5.8M over 8 rounds. Its first funding round was on Feb 25, 2022. Its latest funding round was a Series A round on Dec 10, 2025 for $*****. 3 investors participated in its latest round. Elecbits has 9 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Elecbits:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 10, 2025
9641665
Series A
5178852
4456920
2628978
9514892
2024
9094
Seed
2546
6644
2090
Mar 13, 2023
6079533
Seed
6251957
6139997
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Elecbits' founders and board of directors

Founder? Claim Profile
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:

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
Team
-
Current
7y 1m
hwoqyub
Team
-
Current
7y 8m

Elecbits' employee count trend

Elecbits has 27 employees as of Aug 25. The total employee count is 29.0% lower than what it was in Aug 24. Here is Elecbits's employee count trend over the years:
Employee count trend for Elecbits
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Elecbits's Competitors and alternates

Top competitors of Elecbits include CircuitHub, EM Electronix and Alquion. 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
Logo for CircuitHub
CircuitHub
2011, San Jose (United States), Series A
On-demand circuit board assembly for rapid prototyping and production
$46M
50/100
2nd
Logo for Elecbits
Elecbits
2019, Delhi (India), Series A
Provider of electronics supply chain, engineering, and manufacturing solutions
$5.8M
46/100
3rd
Logo for EM Electronix
EM Electronix
1983, Bengaluru (India), Unfunded
Manufacturer of electronic systems, power supplies, and wire harness solutions
-
-
38/100
4th
Logo for Alquion
Alquion
2026, Eindhoven (Netherlands), Unfunded
Manufacturer of industrial electrolysers designed for flexible renewable energy integration
-
-
29/100
5th
Logo for Trufactory
Trufactory
2026, Bengaluru (India), Unfunded
Provider of on-demand PCB assembly and manufacturing services
-
-
24/100
6th
Logo for Kinetica Bearing
Kinetica Bearing
2024, Rourkela (India), Unfunded
Developer of bearing simulators, advanced bearing designs, and technical training
-
-
16/100
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Elecbits's Latest cap tables and shareholding

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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
68.96%
11.9Cr
7982485
8553332
2266867
7683333
2392481
9492118
1753187
8854842
8415717
2242045
3604984
3457300
1740716
5326020
8787241
9632355
Enterprise
3.35%
57.8L
933
396
719
368
Angel
25.95%
4.47Cr
8028473
4623745
8006384
3284527
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
1.74%
30L
3
2
5
6
Total
100.00%
17.2Cr
2059199
8545357
6966716
8865812
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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
View more details of Elecbits's Shareholding

Elecbits's Investments and acquisitions

Elecbits has a total of 1 investment in EVE Healthcare. Elecbits has not made any acquisitions as of now.

News related to Elecbits

Media has covered Elecbits for 1 event in last 1 year.
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FAQs about Elecbits

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