GlitterBug Technologies - About the company
GlitterBug Technologies is a series B company based in Mumbai (India), founded in 2010 by Devendra Rane. It operates as a Provider of cloud computing, software development, and marketing services. GlitterBug Technologies has raised $63.3M in funding from investors like Accel, Aegon and AVANA Capital, with a current valuation of $*****. The company has 62237 active competitors, including 332 funded and 1286 that have exited. Its top competitors include companies like GirnarSOFT, Gigster and Unicorn.
Company Details
Provider of cloud computing, software development, and marketing services. It offers web enterprise solutions, customer sales, and support solutions.
- Website
- glitterbug.in
- Social
- Registered Address
- C Wing, 5098-5099, 5th Floor, Oberoi Garden Estate, Chandivali Farm Road, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
2010
Location
Mumbai, India
Stage
Series B
Total Funding
$63.3M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 04, 2025
Ranked
63rd among 62237 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
54 as on Aug 31, 2025
Similar Companies
Legal entities associated with GlitterBug Technologies
GlitterBug Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COVERSTACK TECHNOLOGIES PRIVATE LIMITED CIN: U72200MH2010PTC210076 , India, Active | Nov 15, 2010 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 56 (As on Apr 01, 2026) |
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GlitterBug Technologies's funding and investors
GlitterBug Technologies has raised a total funding of $63.3M over 8 rounds. Its first funding round was on Oct 17, 2014. Its latest funding round was a Series B round on Oct 04, 2025 for $*****. 1 investor participated in its latest round. GlitterBug Technologies has 10 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of GlitterBug Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 04, 2025 | 4843746 | Series B | 2158258 | 2164703 | 8405081 | 6398572 |
Mar 27, 2019 | 3513540 | Series B | 2367190 | 4493363 | 3538585 | |
Nov 28, 2018 | 3735380 | Series B | 8258056 | 7129994 |
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GlitterBug Technologies' founders and board of directors
Founder? Claim ProfileThe founders of GlitterBug Technologies is Devendra Rane.
Here are the details of GlitterBug Technologies' key team members:
- Devendra Rane: Former Co-Founder of GlitterBug Technologies. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
GlitterBug Technologies' Board of Directors
GlitterBug Technologies's board has 6 active members. Subrata Mitra, Devendra Rane, Ashish Agrawal, Timothy Johannes Antonie Maria Kersten, Susan Holliday and Aniket Thakkar are part of team.Here is the list of GlitterBug Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 9m | |
cppqrog | Team | - | Current | 1y 6m |
Investor | AVANA Capital | Current | 7y 8m | |
Investor | IFC | Current | 7y 11m | |
hcsfjbh | Investor | bjyvrgv | Past | 5y 4m |
{vdcrz{ | Investor | xomzmig | Past | 2y 3m |
xqrcpbc | Independent board member | - | Past | 8y 2m |
gffwmmp | Independent board member | - | Past | 4y 5m |
View details of GlitterBug Technologies's Founder profiles and Board Members
GlitterBug Technologies' employee count trend
GlitterBug Technologies has 54 employees as of Aug 25. The total employee count is 8.0% lower than what it was in Aug 24. Here is GlitterBug Technologies's employee count trend over the years:
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GlitterBug Technologies's Competitors and alternates
Top competitors of GlitterBug Technologies include GirnarSOFT, Gigster and Unicorn. Here is the list of Top 10 competitors of GlitterBug Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GirnarSOFT 2007, Jaipur (India), Series E | Provider of website, web & mobile application development, BI, and digital marketing services | $620M | 78/100 | |
2nd |  Gigster 2013, Austin (United States), Acquired | Provider of software development services | $32.5M | 69/100 | |
3rd |  Unicorn 1990, Prague (Czech Republic), Acquired | Provider of software development services | $12M | 66/100 | |
4th | Mobile app development studio and publisher that uses AI technologies | $67M | 65/100 | ||
5th | Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A | Provider of mobile application development and UX design services | $9.49M | 60/100 | |
6th |  Capital Numbers 2012, Kolkata (India), Public | Provider of application development and DevOps services | - | - | 58/100 |
7th | Fixstars Corporation 2002, Tokyo (Japan), Public | Provider of software acceleration solutions and cloud services | - | 56/100 | |
8th | FPT Software 1999, Hanoi (Vietnam), Unfunded | Provider of application development and UI/UX design services | - | - | 55/100 |
9th | Provider of software development services | $13.8M | 55/100 | ||
10th | Provider of software development and consulting services | $8.63M | 55/100 | ||
63rd | GlitterBug Technologies 2010, Mumbai (India), Series B | Provider of cloud computing, software development, and marketing services | $63.3M | 48/100 |
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GlitterBug Technologies's Latest cap tables and shareholding
Founders own 5.90%, Funds own 29.46%, Enterprises (largest shareholder) own 35.30% and Angels own 6.52%. The net worth of GlitterBug Technologies's founders is INR 31Cr as of Oct 04, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 5.90% | 31Cr | 80550 | 91418 | 78843 | 85185 |
Fund | 29.46% | 155Cr | 3852149 | 9053897 | 5020161 | 6787768 |
9956452 | 3466557 | 1085591 | 1014117 | 8147593 | 3835664 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 35.30% | 185Cr | 8604517 | 9644719 | 5716997 | 6275646 |
Angel | 6.52% | 34.3Cr | 870539 | 891892 | 429621 | 678720 |
776 | 764 | 899 | 575 | 337 | 698 | |
Other People | 6.20% | 32.6Cr | 737843 | 377429 | 441908 | 509905 |
ESOP Pool | 16.61% | 87.2Cr | 1050993 | 9043668 | 8762960 | 3978849 |
Total | 100.00% | 525Cr | 6187344 | 3402079 | 7415243 | 1880276 |
To unlock detailed Cap Table of GlitterBug Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of GlitterBug Technologies's Shareholding
GlitterBug Technologies's Investments and acquisitions
GlitterBug Technologies has made no investments or acquisitions yet.
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