What Xiteb does

Xiteb (Pvt) Ltd. is a Sri Lanka-headquartered digital solutions company founded in 2010 that designs, builds and deploys custom software, e-commerce platforms, mobile applications, and websites for enterprise clients globally. Its core technology stack spans cloud-native microservices architecture deployed on AWS and Azure, native and hybrid mobile app development, and a proprietary e-commerce platform called xCommerz™ that supports rapid digital transformation for retailers. The company also delivers a portfolio of vertical-specific modules including ERP, CRM, HRM, Hotel Reservation, Gold Loan Management, Leasing Management, Patient Management, and Logistics systems, alongside emerging technology services in AI/ML, Blockchain, IoT, AR/VR, and Cybersecurity.

The company operates a sales-led go-to-market with consultation-first engagement, driving inbound through SEO-optimized content (top 3 Google rankings for key industry terms), quote-request forms with 8-hour response guarantees, and a testimonial-driven credibility strategy featuring 20+ named enterprise customers including Singer Sri Lanka, Bata, HNB Assurance, Bally's Entertainment, GroupM-Mindshare and Ceylinco Healthcare. Revenue is generated primarily through one-time project-based fees for custom builds, supplemented by recurring SaaS/subscription billing on cloud-based platforms such as xCommerz™ and annual SEO/SEM retainers. Geographic reach spans Sri Lanka, USA, UK, Australia, New Zealand, South Africa, the Middle East, and Europe, supported by a Colombo headquarters and a Maryland (USA) regional office.

Xiteb has been bootstrapped for most of its operating history, with only a single disclosed $120K funding round in 2019, and has accumulated a portfolio of 1,800+ completed projects since inception. Its credibility is reinforced by 13 years of operating history and multiple industry recognitions, including the Asia eCommerce Awards 2025 Silver Award for xCommerz™ (a first for a Sri Lankan company), THE BIZZ Awards from WORLDCOB (2019, 2022), the National ICT Award 2022 from BCS Sri Lanka, and Clutch Top Company Sri Lanka 2021. Customer concentration is diversified across retail, banking and finance, healthcare, education, hospitality, automotive, and media verticals, reducing reliance on any single account.

Name

Xiteb

Legal name

Xiteb (Pvt) Ltd.

Website

https://xiteb.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Xiteb is a Colombo-based digital solutions company that builds custom software, e-commerce platforms (xCommerz™), mobile apps, and websites for enterprise clients across retail, finance, healthcare, and hospitality verticals globally, with operations in Sri Lanka and the USA.

Ownership category

akta.pro rank

Product category

Custom Software Development

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Software Publishers (5132), Other Computer Related Services (541519)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Custom Application Development (Web/Mobile/Desktop) (BPAEAFAA)

Keywords

• Custom software development
• ECommerce platform development
• Mobile app development
• Web design services
• Enterprise software solutions

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Custom Software Development: Bespoke software solutions tailored to client requirements, billed per project with customizable modules that can be expanded over time
2. e-Commerce Platform Development: Custom e-commerce platforms and xCommerz™ SaaS solution with payment gateway integrations
3. Mobile App Development: Native (iOS & Android) and hybrid mobile application development services
4. Website Design & Development: SEO-friendly custom website development from informational sites to full e-commerce platforms
5. SEO/SEM Services: Search engine optimization and marketing services for improved organic visibility and paid advertising
6. Consultation Services: Technology, healthcare HIS/EMR, and management consulting across various domains

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Xiteb® is an award-winning software development company founded in 2010 in Sri Lanka, delivering custom software, eCommerce platforms (including the proprietary xCommerz™ platform with cloud-native microservices architecture), native and hybrid mobile applications, SEO-friendly web design, and SEO/SEM services to enterprise and mid-market clients globally. The company also offers industry-specific solutions such as ERP, CRM, HRM, Hotel Reservation, Gold Loan Management, Patient Management, and Logistics Management systems, alongside emerging technology services in AI, Blockchain, IoT, AR/VR, and Cybersecurity.

Product overview

Xiteb® is an award-winning tech company established in 2010 in Sri Lanka with operations in the USA and UK, offering a comprehensive suite of digital solutions. The core offerings include the xCommerz® eCommerce platform (their flagship online commerce platform with cloud-native microservices architecture), custom software development (ERP, CRM, HRM, BPM), mobile app development (native iOS/Android and hybrid), web design, SEO/SEM services, and game development. Their product portfolio spans industry-specific solutions including Hotel Reservation Management, Gold Loan Management, Leasing Management, Logistics Management, Patient Management, Medicine Ordering, and various mobile apps (Taxi App, Casino Rewards, Restaurant Order Taking, Agro App). They also provide emerging technology services in AI/ML (NLP, Computer Vision, Machine Learning, Chatbots), Blockchain, IoT, AR/VR, and Cybersecurity. The company offers consultation services across management, technology, and healthcare domains. All software solutions can be customized to client requirements with cloud-based deployment options.

Differentiator

Problem solved

Functional benefit

Brands

• xCommerz™: Online commerce platform and eCommerce solution offered by Xiteb, featuring cloud-native microservices architecture for retailers.

Products and services

• xCommerz™ eCommerce Platform Proprietary online commerce platform with cloud-native microservices architecture enabling rapid eCommerce deployment and digital transformation for retailers, integrated with AWS and Azure cloud infrastructure.
• Web Design & Development SEO-friendly custom website development from 5-page informational sites to full eCommerce platforms with payment gateway integration, featuring UX-driven UI designs and cross-device compatibility.
• Mobile App Development Native (iOS and Android) and hybrid mobile app development with enhanced user experiences across business, lifestyle, games, and enterprise categories.
• Custom Software Development Tailor-made software solutions designed for unique business needs, including ERP, CRM, HRM, and industry-specific systems with customizable modules.
• eCommerce Solutions Custom e-commerce solutions for global markets with AWS and Azure integration, featuring payment gateways, inventory management, and multilingual support.
• SEO/SEM Services Search engine optimization and marketing services including on-page SEO, off-page SEO, technical SEO, and Google Ads campaigns to drive organic traffic and paid visibility.
• Game Development Mobile games and web apps including Avurudu games, action games, casino games, and branded entertainment games for customer engagement.
• Consultation Services End-to-end consultancy in management, technology, and healthcare transformation including architecture advisory, vendor selection, and change governance.
• Blockchain Development Blockchain services including cryptocurrency wallet, smart contract, exchange software, KYC/AML integration, and custom blockchain development.
• AI Development Services AI services including Machine Learning, Business Intelligence, NLP, Computer Vision (using Amazon Rekognition), Voice Assistant, and Chatbot Development.
• IoT Development Services Internet of Things development including application development, API deployment, 3rd party integration, wearable connectivity, and IoT gateway solutions.
• Cybersecurity Services Cybersecurity practice protecting critical systems and sensitive information from digital attacks.
• AR/VR Development Augmented Reality and Virtual Reality development services for creating digital overlays on physical environments and product simulations.
• Taxi App Solution Multi-dimensional taxi mobile app with user app, driver app, and backend system featuring GPS tracking, navigation, driver management, and fleet management.
• Casino Rewards Mobile App Loyalty and rewards mobile app for casinos, resorts, hotels, and nightclubs featuring points tracking, promo codes, and QR code redemption.
• Agro Mobile App Harvest management mobile app using Bluetooth and NFC technology for streamlined collection and documentation processes in agriculture.
• Gold Loan Management System Cloud-based pawning and gold loan management with dashboard monitoring, interest calculator, inventory management, mortgage management, audit trail, and multi-branch support.
• Hotel Reservation Management System Customizable hotel reservation system for front office management, online booking, guest management, housekeeping, and POS, suitable for small to large scale hotels and transit hotels with white-label capability.
• Medicine Ordering System Online medicine ordering platform enabling prescription uploads and doorstep delivery for pharmacies and hospitals.
• Logistics Management System 3PL logistics software automating supply chain, inventory, and transport processes with warehouse management capabilities.
• IPO Management Portal Online portal for applying to Initial Public Offerings and investing in company listings on stock exchanges.
• Restaurant Order Taking App Tablet-based ordering system integrated with POS and kitchen systems for improved service efficiency and customer satisfaction.

Quantifiable outcome

• Silver Award for Best eCommerce Innovation - Asia eCommerce Awards 2025
• +5 more outcomes

Named customers20 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or IntegrationAWS integration for e-commerce platforms providing cloud infrastructure ensuring 24/7 uptime and scalable performance for online stores.
• Microsoft AzurecoreTechnology or IntegrationAzure cloud platform integration available for e-commerce and custom software solutions, providing flexibility in cloud infrastructure choices.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Freshy: US-based WordPress/web design and development agency. Comparable in the web design, SEO, and small-business website vertical that Xiteb serves; emerging player in the same niche.

Direct peers

• Tiqri: Sri Lanka-based custom software and design firm with global enterprise clients. Overlaps with Xiteb on custom dev, design, and offshore delivery model.
• 99x: Sri Lanka-headquartered software product engineering and custom development firm serving global enterprise clients. Directly comparable to Xiteb in geography, services (custom software, web, mobile), and target buyer profile.
• Virtusa: Sri Lanka-founded global IT services company offering custom software development, digital engineering, and consulting. Operates in the same Sri Lankan delivery ecosystem as Xiteb with overlapping enterprise services.
• WSO2: Sri Lanka-rooted enterprise middleware and integration platform company. Comparable as a Sri Lankan software firm that has scaled globally with proprietary products plus services — a more mature version of Xiteb's xCommerz trajectory.
• Sysco LABS: Sri Lanka-based technology arm of Sysco Corporation delivering custom software, data, and engineering services. Competes for the same Sri Lankan engineering talent and global enterprise custom-dev engagements as Xiteb.
• Zone24x7: Sri Lanka-based enterprise software and AI solutions firm. Comparable in custom software, AI/ML, and enterprise client base; competes for similar talent pool and regional enterprise deals.
• Simform: US-headquartered custom software development firm with delivery centers in India. Comparable custom software, web, and mobile app services for mid-market and enterprise clients across geographies overlapping with Xiteb.
• OpenXcell: India-based custom software development and mobile app firm serving US/UK/global clients. Competes directly with Xiteb on cost-arbitraged custom dev engagements for SMBs and enterprise.

Broad incumbents

• Shopify: Global SaaS eCommerce platform. Direct competitive incumbent to Xiteb's xCommerz™ platform — Shopify's ecosystem, app marketplace, and brand set a high bar for any emerging custom-commerce platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/xiteb

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xiteb