About AlmaBetter
AlmaBetter is a company based in Bengaluru (India) founded in 2020 by Arshyan Ahsan, Vikash Srivastava, and Shivam Dutta.. AlmaBetter has raised $2.7 million across 1 funding round from investors including Wellfound, Kalaari Capital and Vidit Aatrey. The company has 137 employees as of April 03, 2024. AlmaBetter offers products and services including Certification in Full Stack Data Science and AI, Certification in Full Stack Web Development, MS in Computer Science: Artificial Intelligence and Machine Learning, and MS in Computer Science: Cloud Computing. AlmaBetter operates in a competitive market with competitors including Masai School, AccioJob, BloomTech, Microverse and Formation, among others.
- Headquarter Bengaluru, India
- Employees 137 as on 03 Apr, 2024
- Founders Arshyan Ahsan, Vikash Srivastava, Shivam Dutta
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Almabetter Edutech Private Limited
- Date of Incorporation 18 Sep, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.27 M (USD)757.36as on Mar 31, 2023
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Net Profit
$-1.97 M (USD)-292.1as on Mar 31, 2023
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EBITDA
$-1.46 M (USD)-129.39as on Mar 31, 2023
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Total Equity Funding
$2.7 M (USD)
in 1 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Apr 21, 2022
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Investors
Wellfound
& 11 more
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Employee Count
137
as on Apr 03, 2024
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Products & Services of AlmaBetter
AlmaBetter offers a comprehensive portfolio of products and services, including Certification in Full Stack Data Science and AI, Certification in Full Stack Web Development, MS in Computer Science: Artificial Intelligence and Machine Learning, and MS in Computer Science: Cloud Computing. 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.
Practical training in data science and AI for career enhancement.
Hands-on web development skills for job readiness.
In-depth AI and machine learning education with job assurance.
Training in cloud technologies for tech industry roles.
Unlock access to complete
Funding Insights of AlmaBetter
AlmaBetter has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.7 million completed in April 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 Seed — $2.7M
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First Round
First Round
(21 Apr 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - AlmaBetter | Valuation | Kalaari Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 AlmaBetter
AlmaBetter has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, Kalaari Capital and Vidit Aatrey. 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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Investments in early-stage technology companies are made by Kalaari Capital.
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Founded Year | Domain | Location | |
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Investments in technology startups are managed by Amplify.
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Founded Year | Domain | Location | |
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Startup jobs are connected to individuals via a dedicated platform.
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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 AlmaBetter
| 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 - AlmaBetter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Almabetter Comparisons
Competitors of AlmaBetter
AlmaBetter 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 Masai School, AccioJob, BloomTech, Microverse and Formation, 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 |
Provider of job oriented software training solutions
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| domain | founded_year | HQ Location |
Online portal for graduate jobs
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| domain | founded_year | HQ Location |
Provider of AI-powered online coding bootcamps and career support
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| domain | founded_year | HQ Location |
Online platform providing full-stack web development programs on income share agreement
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| domain | founded_year | HQ Location |
Formation is associated with a development-focused domain.
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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 Almabetter
Frequently Asked Questions about AlmaBetter
When was AlmaBetter founded?
AlmaBetter was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is AlmaBetter located?
AlmaBetter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of AlmaBetter?
Shivam Dutta is the current CEO of AlmaBetter. They have also founded this company.
Is AlmaBetter a funded company?
AlmaBetter is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Seed of $2.7M, raised on Apr 21, 2022.
How many employees does AlmaBetter have?
As of Apr 03, 2024, the latest employee count at AlmaBetter is 137.
What is the annual revenue of AlmaBetter?
Annual revenue of AlmaBetter is $2.27M as on Mar 31, 2023.
What does AlmaBetter do?
Online platform offering learning solutions for professionals. It is providing tutorials and videos and quizzes for learning about AI and data science.
Who are the top competitors of AlmaBetter?
AlmaBetter's top competitors include Masai School, BloomTech and Microverse.
What products or services does AlmaBetter offer?
AlmaBetter offers Certification in Full Stack Data Science and AI, Certification in Full Stack Web Development, MS in Computer Science: Artificial Intelligence and Machine Learning, and MS in Computer Science: Cloud Computing.
Who are AlmaBetter's investors?
AlmaBetter has 12 investors. Key investors include Wellfound, Kalaari Capital, Vidit Aatrey, Varun Alagh, and Sanjeev Barnwal.
What is AlmaBetter's valuation?
The valuation of AlmaBetter is $16.42M as of Apr 2022.