About Accendere
Accendere is a company based in Chennai (India) founded in 2009 was acquired by CLEducate in September 2015. The company has 10 employees.
- Headquarter Chennai, India
- Employees 10
- Website accendere.co.in
- Social LinkedIn Facebook
- Acquired by CLEducate (Sep 2015)
- Legal Name Accendere Knowledge Management Services Private Limited
- Date of Incorporation 19 Sep, 2008
- Jurisdiction Faridabad, Haryana, India
Associated legal entities of Accendere
Accendere operates through Accendere Knowledge Management Services Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Accendere Knowledge Management Services Private Limited CIN U74900HR2008PTC077200 | Amalgamated | 19 Sep 2008 | Faridabad, Haryana | ₹1.5 Cr | 10 | 2 | View details |
Investors in Accendere
Accendere has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CLEducate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
K-12 education, vocational training and test prep provider | 1996 | cleducate.com | Delhi, India |
Investor details for Accendere
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Board of directors of Accendere Knowledge Management Services Private Limited (Accendere)
Accendere Knowledge Management Services Private Limited is the primary company behind Accendere. The board of Accendere Knowledge Management Services Private Limited currently have 2 directors; the longest-serving is Nikhil Mahajan, appointed in 2015. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Mahajan DIN 00033404 | Director | 07 Sep 2015 | 11 yrs 1 mo | Accendere Knowledge Management Services Private Limited |
| Sujit Bhattacharyya DIN 00033613 | Director | 07 Sep 2015 | 11 yrs 1 mo | Accendere Knowledge Management Services Private Limited |
Financials of Accendere
Figures of Accendere Knowledge Management Services Private Limited, the primary company behind Accendere, for FY 2021. Revenue was ₹1.46 Cr (-50% year on year). Net profit was ₹14.6 Lakh (10% margin). EBITDA was ₹20.2 Lakh (14% margin). Revenue has grown at a compounded annual rate of -19% over three years.
- ₹1.46 CrRevenue · FY 2021 · -50% YoY
- ₹14.6 LakhNet profit · 10% margin
- ₹20.2 LakhEBITDA · 14% margin
- ₹1.2 LakhPaid-up capital
- 10Employees (provident fund records)
- -19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Accendere Knowledge Management Services Private Limited are on its company page.
Detailed financial statements for Accendere
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Timeline of Accendere
2 dated milestones of Accendere across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Accendere is founded.
- Exit Acquired by CLEducate.
Latest news on Accendere
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Frequently Asked Questions about Accendere
Accendere was founded in 2009.
Accendere is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Accendere has 10 employees.
The primary company behind Accendere, Accendere Knowledge Management Services Private Limited, reported revenue of ₹1.46 Cr for FY 2021, down 50% year on year.
Accendere is an educational service provider offering research paper writing support to schools and colleges. It has two services, namely, Concept Papers, which helps school students to write and publish research papers and Research Incubator, which helps college and engineering students to write research papers within fixed time frame. It helps school and colleges to create the process for selecting students, selecting the right research topic and allotting the faculty members for each project. Also, provides an online platform for tracking the progress of each project and professional support from their consultants and science communicators. Claims to be working with universities in Chennai, Hyderabad, and Bangalore.
Accendere has 1 investor. Key investors include CLEducate.
Accendere operates through Accendere Knowledge Management Services Private Limited.
Yes. Accendere was acquired by CLEducate in September 2015.
The legal entities of Accendere currently have 2 directors, including Nikhil Mahajan, Sujit Bhattacharyya.