Elixir Web Solutions
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Elixir Web Solutions - overview
Established
2000
Location
New Delhi, IN-DL-Delhi, India
Primary Industry
Internet
About
Elixir Web Solutions is a digital marketing agency focused on enhancing online visibility and customer engagement through tailored strategies and innovative solutions. Founded in 2000 in New Delhi, India, Elixir Web Solutions specializes in digital marketing services. The company has secured Angel funding amounting to INR 1500 million in February 2007. The current founders and CEOs are Kenneth Tyree and Mohit Sareen, with Kenneth Tyree having a background in establishing other firms.
Elixir Web Solutions provides a comprehensive range of digital marketing services, including search engine optimization (SEO), pay-per-click (PPC) advertising, social media marketing, web design, and content marketing. They cater to diverse sectors such as education, healthcare, real estate, and legal services, employing data-driven strategies to help businesses achieve growth in the digital landscape. In the most recent year, Elixir Web Solutions reported a revenue of INR 75318430. 4 with an EBITDA of INR 498021.
5, reflecting a structured revenue model based on project fees and retainer agreements with clients. Elixir Web Solutions plans to leverage the recent Angel funding of INR 1500 million raised in February 2007 to enhance their service offerings and explore new markets. They aim to expand their presence in metropolitan areas across the United States and target international clients in regions such as Australia and India.
Primary Industry
Internet
Sub Industries
Web Applications, Web Development
Website
www.elixirwebsolutions.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Elixir Web Solutions - timeline of key events

Elixir Web Solutions - financials
| Fiscal Year Ended | Mar 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 95,575,226 | - | 90,188,411 | 2,762,653,042 | 3,467,984,067 | 3,466,003,914 | 3,224,966,643 | 3,890,175,784 | 4,232,921,000 | 5,229,040,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | 25.5% | (0.1%) | (7.0%) | 20.6% | 8.8% | 23.5% | - | - | - |
| EBITDA (USD) | - | (33,134,561) | - | (21,282,589) | (443,379) | (48,278,691) | (29,279,354) | (25,117,033) | (983,329) | 30,500,000 | 38,249,000 | - | - | - |
| Operating Income (USD) | - | (38,131,373) | - | (32,708,540) | (9,666,873) | (51,381,523) | (38,301,727) | (36,658,130) | (3,047,990) | 27,782,000 | 32,345,000 | - | - | - |
| Operating Margin | - | (39.9%) | - | (36.3%) | (0.3%) | (1.5%) | (1.1%) | (1.1%) | (0.1%) | 0.7% | 0.6% | - | - | - |
| % EBITDA Margin | - | (34.7%) | - | (23.6%) | (0.0%) | (1.4%) | (0.8%) | (0.8%) | (0.0%) | 0.7% | 0.7% | - | - | - |
| NET Income (USD) | (29,519,515) | (37,184,832) | - | (31,784,067) | 8,803,135 | (68,520,455) | (31,404,678) | (37,068,600) | 622,049 | 8,111,000 | 41,389,000 | - | - | - |
| % Net Margin | - | (38.9%) | - | (35.2%) | 0.3% | (2.0%) | (0.9%) | (1.1%) | 0.0% | 0.2% | 0.8% | - | - | - |
Elixir Web Solutions - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Angel | Completed | Elixir Web Solutions | - |
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Elixir Web Solutions - employee data


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