About Allen Career Institute
Allen Career Institute is a company based in Kota (India) founded in 1988 by Rajesh Maheshwari and Brajesh Maheshwari.. Allen Career Institute has raised $600 million across 3 funding rounds from investors including HHS, European Union and Bodhi Tree Systems. The company has 7,669 employees as of December 10, 2024. Allen Career Institute has completed 1 acquisition, including Doubtnut. Allen Career Institute offers products and services including JEE Preparation Courses and NEET Preparation Courses.
- Headquarter Kota, India
- Employees 7669 as on 10 Dec, 2024
- Founders Rajesh Maheshwari, Brajesh Maheshwari
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Allen Career Institute Private Limited
- Jurisdiction Kota, Rajasthan, India
-
Annual Revenue
$405.75 M (USD)46.94as on Mar 31, 2024
-
Net Profit
$15.88 M (USD)-68.29as on Mar 31, 2024
-
EBITDA
$46.9 M (USD)-32.06as on Mar 31, 2024
-
Total Equity Funding
$600 M (USD)
in 3 rounds
-
Latest Funding Round
$600 M (USD), Series D
May 01, 2022
-
Investors
HHS
& 2 more
-
Employee Count
7669
as on Dec 10, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Allen Career Institute
Allen Career Institute offers a comprehensive portfolio of products and services, including JEE Preparation Courses and NEET Preparation Courses. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
JEE Main + Advanced courses are provided to build problem-solving skills for engineering entrance exams
NEET-UG courses are provided to sharpen skills for medical entrance exams
Unlock access to complete
Funding Insights of Allen Career Institute
Allen Career Institute has successfully raised a total of $600M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $600 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series D — $600.0M
-
First Round
First Round
(18 Aug 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series D - Allen Career Institute | Valuation | Bodhi Tree Systems |
|
| Dec, 2019 | Amount | Grant - Allen Career Institute | Valuation |
investors |
|
| Aug, 2008 | Amount | Grant - Allen Career Institute | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Allen Career Institute
Allen Career Institute has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include HHS, European Union and Bodhi Tree Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Software publishing, web design, and related services are provided.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
Public health and human services are overseen by HHS.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Allen Career Institute
Allen Career Institute has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Doubtnut. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Doubt clearing app for various subjects
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Allen Career Institute
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allen Career Institute Comparisons
Competitors of Allen Career Institute
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Allen Career Institute
Frequently Asked Questions about Allen Career Institute
When was Allen Career Institute founded?
Allen Career Institute was founded in 1988 and raised its 1st funding round 20 years after it was founded.
Where is Allen Career Institute located?
Allen Career Institute is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
Is Allen Career Institute a funded company?
Allen Career Institute is a funded company, having raised a total of $600M across 3 funding rounds to date. The company's 1st funding round was a Grant of $5.09M, raised on Aug 18, 2008.
How many employees does Allen Career Institute have?
As of Dec 10, 2024, the latest employee count at Allen Career Institute is 7,669.
What is the annual revenue of Allen Career Institute?
Annual revenue of Allen Career Institute is $405.75M as on Mar 31, 2024.
What does Allen Career Institute do?
Allen Career Institute was established in 1988 in Kota, India, as a chain of coaching centers focused on education services. Courses are offered for pre-medical, IIT JEE, AIEEE, and other engineering entrance exams. Assistance is provided to students pursuing international education, covering program selection, test preparation, profile enhancement, visa processes, and scholarships. Operations include live online classes, video lectures, adaptive practice modules, and test series.
What products or services does Allen Career Institute offer?
Allen Career Institute offers JEE Preparation Courses and NEET Preparation Courses.
How many acquisitions has Allen Career Institute made?
Allen Career Institute has made 1 acquisition, including Doubtnut.
Who are Allen Career Institute's investors?
Allen Career Institute has 3 investors. Key investors include HHS, European Union, and Bodhi Tree Systems.