About ALLEN
ALLEN is a company based in Kota (India) founded in 1988 by Rajesh Maheshwari.. ALLEN has raised $246.9 million across 1 funding round from investors including Bodhi Tree Systems. The company has 7,669 employees as of December 10, 2024. ALLEN offers products and services including Online Courses, Offline Courses, Test Series, and Study Materials. ALLEN operates in a competitive market with competitors including Aakash Educational Services, Career Launcher, CLEducate, Career Point and Resonance Eduventures, among others.
- Headquarter Kota, India
- Employees 7669 as on 10 Dec, 2024
- Founders Rajesh Maheshwari
- Stage Unicorn
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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- Legal Name Allen Career Institute Private Limited
- Date of Incorporation 22 Sep, 2021
- Jurisdiction Kota, Rajasthan, India
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Annual Revenue
$405.75 M (USD)46.94as on Mar 31, 2024
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Net Profit
$15.88 M (USD)-68.29as on Mar 31, 2024
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EBITDA
$46.9 M (USD)-32.06as on Mar 31, 2024
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Total Equity Funding
$246.9 M (USD)
in 1 rounds
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Latest Funding Round
$246.9 M (USD), Series D
Jul 01, 2022
- Investors
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Employee Count
7669
as on Dec 10, 2024
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Products & Services of ALLEN
ALLEN offers a comprehensive portfolio of products and services, including Online Courses, Offline Courses, Test Series, and Study Materials. 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.
Digital platforms for exam preparation and study materials
Physical classes for competitive exam training
Mock tests and practice papers for NEET and JEE
Comprehensive guides and NCERT solutions for exams
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Product Management Team
26 people
Software Development Team
13 people
Leadership Team
8 people
Sales and Marketing
8 people
Senior Team
4 people
Creative and Marketing Team
4 people
Data Analysis and Operations Team
3 people
Assistant Team
3 people
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Funding Insights of ALLEN
ALLEN has successfully raised a total of $246.9M through 1 strategic funding round. The most recent funding activity was a Series D round of $246.9 million completed in July 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 1
- Last Round Series D — $246.9M
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First Round
First Round
(01 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2022 | Amount | Series D - ALLEN | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ALLEN
ALLEN has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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 |
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Software publishing, web design, and related services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ALLEN
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ALLEN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allen Comparisons
Competitors of ALLEN
ALLEN operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aakash Educational Services, Career Launcher, CLEducate, Career Point and Resonance Eduventures, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Chain of centers offering coaching for medical & engineering entrance exams
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| domain | founded_year | HQ Location |
Entrance exam preparation programs are offered through education centers.
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| domain | founded_year | HQ Location |
K-12 education, vocational training and test prep provider
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| domain | founded_year | HQ Location |
IIT-JEE, AIEEE, and pre-medical coaching is provided through institute chains.
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| domain | founded_year | HQ Location |
IITJEE coaching and exam preparation programs are offered to students.
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| domain | founded_year | HQ Location |
Government exam preparation is provided through centers and online courses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Allen
Frequently Asked Questions about ALLEN
When was ALLEN founded?
ALLEN was founded in 1988 and raised its 1st funding round 34 years after it was founded.
Where is ALLEN located?
ALLEN is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
Is ALLEN a funded company?
ALLEN is a funded company, having raised a total of $246.9M across 1 funding round to date. The company's 1st funding round was a Series D of $246.9M, raised on Jul 01, 2022.
How many employees does ALLEN have?
As of Dec 10, 2024, the latest employee count at ALLEN is 7,669.
What is the annual revenue of ALLEN?
Annual revenue of ALLEN is $405.75M as on Mar 31, 2024.
What does ALLEN do?
Provider of online classroom coaching for competitive exams and school courses. The coaching covers various competitive exams along with school curriculum. It provide online courses, classroom courses, distance learning options, and test series. Study materials, including previous year papers, sample papers, and NCERT solutions, are also available. The institution boasts expert faculty and personalized learning tools, such as doubt resolution and customized study plans. It provides mentorship sessions and regular updates to parents are also part of the program.
Who are the top competitors of ALLEN?
ALLEN's top competitors include Aakash Educational Services, Veranda Learning and MT Educare.
What products or services does ALLEN offer?
ALLEN offers Online Courses, Offline Courses, Test Series, and Study Materials.
Who are ALLEN's investors?
ALLEN has 1 investor. Key investors include Bodhi Tree Systems.
What is ALLEN's valuation?
The valuation of ALLEN is $1.21B as of Jul 2022.