About Algorithmica
Algorithmica is an Education company based in Hyderabad (India) founded in 2008. Online courses and resources for programming skills are provided. Its Indian entity Algorithmica Software Private Limited reported revenue of ₹12.3 Lakh. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include upGrad and Great Learning; 1 of its 2 listed competitors has raised funding.
Company details
Algorithmica was founded in 2008 in Hyderabad, India, as an online education platform in the edtech sector. Courses, tutorials, and resources focused on data structures, algorithms, AI programming, Python, software architecture, coding interviews, and design patterns are offered. Operations are conducted digitally, serving individuals seeking skill improvement in these areas.
- Headquarters Hyderabad, India
- SectorsEducation
- Website algorithmicaonline.com
- Legal Name Algorithmica Software Private Limited
- Date of Incorporation 29 May, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹12.3 Lakh
FY 2022 · -3% YoY
- Net Profit₹71,773
FY 2022 · 6% margin
- EBITDA₹1 Lakh
FY 2022
- Latest Funding Round$456.14K (USD), Grant
Jun 2016
- Investors
Associated legal entities of Algorithmica
Algorithmica operates through Algorithmica Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Algorithmica Software Private Limited CIN U72300TG2012PTC081171 | Active | 29 May 2012 | Hyderabad, Telangana | ₹0.1 Cr | 2 | View details |
Funding Insights of Algorithmica
- Total Rounds 1
- Last Round Grant — $456,142
- First Round $456,142
(Jun 2016)
- Investors Count 1
All 1 funding rounds of Algorithmica with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2016 | $456,142 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Algorithmica
Algorithmica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Algorithmica
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Algorithmica Software Private Limited (Algorithmica)
Algorithmica Software Private Limited is the primary company behind Algorithmica. The board of Algorithmica Software Private Limited currently have 2 directors; the longest-serving is Maramreddy Thimmareddy, appointed in 2012.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maramreddy Thimmareddy DIN 05270371 | Director | 29 May 2012 | 14 yrs 5 mo | Algorithmica Software Private Limited |
| Maramreddy Reddy Konda DIN 05270393 | Director | 29 May 2012 | 14 yrs 5 mo | Algorithmica Software Private Limited |
Financials of Algorithmica
Figures of Algorithmica Software Private Limited, the primary company behind Algorithmica, for FY 2022. Revenue was ₹12.3 Lakh (-3% year on year). Net profit was ₹71,773 (6% margin). EBITDA was ₹1 Lakh. Revenue has grown at a compounded annual rate of -13% over three years and -15% over five years.
- ₹12.3 LakhRevenue · FY 2022 · -3% YoY
- ₹71,773Net profit · 6% margin
- ₹1 LakhEBITDA
- ₹1 LakhPaid-up capital
- -13%Revenue CAGR, 3 years
- -15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Algorithmica Software Private Limited are on its company page.
Detailed financial statements for Algorithmica
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Algorithmica
2 dated milestones of Algorithmica across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Algorithmica is founded.
- Funding First funding round of $456K.
Competitors of Algorithmica
Algorithmica has 2 listed competitors in our database, 1 of them funded. They include upGrad and Great Learning.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| mygreatlearning.com | 2013 | Gurugram, India | 1,167 | Provides online learning programs for IT |
Detailed competitors of Algorithmica
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Algorithmica
The website of Algorithmica (algorithmicaonline.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 49% vs previous month
Top companies in Corporate & Professional Learning Platforms
2 companies that operate in the same segment as Algorithmica (Corporate & Professional Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 208.24 M | 6,673 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 |
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Frequently Asked Questions about Algorithmica
Algorithmica was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Algorithmica is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Algorithmica, Algorithmica Software Private Limited, reported revenue of ₹12.3 Lakh for FY 2022, down 3% year on year.
Algorithmica was founded in 2008 in Hyderabad, India, as an online education platform in the edtech sector. Courses, tutorials, and resources focused on data structures, algorithms, AI programming, Python, software architecture, coding interviews, and design patterns are offered. Operations are conducted digitally, serving individuals seeking skill improvement in these areas.
Algorithmica's top competitors include upGrad and Great Learning.
Algorithmica has 1 investor. Key investors include European Union.
Algorithmica operates through Algorithmica Software Private Limited.
The legal entities of Algorithmica currently have 2 directors, including Maramreddy Thimmareddy, Maramreddy Reddy Konda.