Coditas

Coditas

coditas.com·India·Updated Apr 26, 2021

India-based offshore software development firm offering end-to-end engineering services including UX, architecture, development, QA, and deployment.

Agency

Est. Valuation

$50M

$49,999,980 · 5× ARR estimate

Monthly Revenue (MRR)

$833.3K

$833,333/mo

Annual Revenue (ARR)

$10M

$9,999,996/yr

Employees

440

Founded

2014

Coditas Revenue History

Revenue history for Coditas from 2021 to 2026.

YearMRRARRYoY GrowthSource
2021$833,333$10,000,000Apr 2021

How Coditas Makes Money

services

Coditas Funding

Coditas is fully bootstrapped with no outside funding. The company has grown to $9,999,996 ARR organically.

Coditas Founders

Mitul Bid

Founder & CEO

Coditas FAQ

How much does Coditas make?
Coditas generates $833,333 in monthly recurring revenue (MRR), which is $9,999,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is Coditas's valuation?
Coditas's estimated valuation is $49,999,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Coditas?
Coditas was founded in 2014 by Mitul Bid (Founder & CEO). The company is based in IN.
Is Coditas bootstrapped?
Yes, Coditas is fully bootstrapped with no outside funding. The company has grown to $9,999,996 ARR organically as a solo-founder business.
What does Coditas do?
India-based offshore software development firm offering end-to-end engineering services including UX, architecture, development, QA, and deployment. Coditas operates in the Agency space.

How We Estimate Coditas's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.