About AlmaConnect
AlmaConnect is an Education company based in Gurugram (India) founded in 2011 by Dhruv Sogani and Swapnil Khandelwal. Web-based platform is offered for socio-professional alumni networks. It operates in the Education and Media & Entertainment sectors. AlmaConnect has raised $1.66 million across 12 funding rounds from investors including 91Springboard, Venture Catalysts and 3one4 Capital. AlmaConnect was last valued at $4.7 million in May 2019. Its chief executive, as recorded, is Swapnil Khandelwal. Its website almaconnect.com draws about 170 thousand monthly visits. Its Indian entity Alma Connect Solutions Private Limited reported revenue of ₹2.19 Cr. AlmaConnect offers products and services including Alumni Network Platform, Data Enrichment Service, and Event Management Tool. Its focus areas include EdTech, Higher Education Tech, College IT and Admin Solutions. Its competitors include AlmaShines and Vaave; 1 of its 2 listed competitors has raised funding.
Company details
AlmaConnect was founded in 2011 in Gurugram, India, as a web-based platform in the alumni networking sector. Alumni and institutes are connected through customizable online networks. Operations include features for organizing reunion events, posting job opportunities, seeking mentorship from experts, arranging accommodation, and addressing other community queries. The platform enables alumni to join and manage these networks independently.
- Headquarters Gurugram, India
- Founders Dhruv Sogani, Swapnil Khandelwal
- Stage Minicorn
- SectorsEducationMedia & Entertainment
- Email••••••••
- Phone•••• ••••
- Website almaconnect.com
- Social LinkedIn X Facebook
- Legal Name Alma Connect Solutions Private Limited
- Date of Incorporation 28 Feb, 2012
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.19 Cr
FY 2024 · -17% YoY
- Net Profit₹11.4 Lakh
FY 2024 · 5% margin
- EBITDA₹25.4 Lakh
FY 2024 · 12% margin
- Total Equity Funding$1.66M (USD)
in 12 rounds
- Investors91Springboard
& 30 more
Associated legal entities of AlmaConnect
AlmaConnect operates through Alma Connect Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Alma Connect Solutions Private Limited CIN U72900DL2012PTC337623 | Active | 28 Feb 2012 | New Delhi, Delhi | ₹2.2 Cr | 2 | View details |
Products & Services of AlmaConnect
AlmaConnect offers a comprehensive portfolio of products and services, including Alumni Network Platform, Data Enrichment Service, and Event Management Tool.
Tool for managing alumni data and engagement activities.
Service for updating profiles and integrating social data.
Platform for organizing alumni events and career fairs.
Funding Insights of AlmaConnect
AlmaConnect has successfully raised a total of $1.66M across 12 strategic funding rounds. 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 $1.66M
- Total Rounds 12
- First Round $146,574
(Feb 2013)
- Investors Count 31
Latest 10 of 12 funding rounds of AlmaConnect 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 |
|---|---|---|---|---|---|
| Aug 2022 | Seed | – | Mohandas Pai, Varun Aggarwal | ||
| Dec 2020 | $750,000 | Seed | – | 100Unicorns | |
| May 2019 | $212,624 | Seed | $4.7M | Emergent Ventures India | – |
| Nov 2016 | $109,486 | Seed | $4.31M | Emergent Ventures India | |
| Oct 2016 | $55,013 | Angel Round | $••••• | Satya Narayanan | |
| Jul 2016 | $25,149 | Seed | $••••• | 91Springboard | – |
| Feb 2016 | Seed | – | Mohandas Pai, Varun Aggarwal | – | |
| Sep 2015 | $50,864 | Seed | $••••• | Siddarth Pai, Siddarth Pai | |
| Aug 2015 | $15,667 | Angel Round | $••••• | Rajeshkumar Khandelwal | – |
| Mar 2015 | $49,386 | Seed | $••••• | Shailja Bansal |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $4.7M | •••••••• |
| Nov 2016 | $4.31M | •••••••• |
| Oct 2016 | $••••• | •••••••• |
| Jul 2016 | $••••• | •••••••• |
| Sep 2015 | $••••• | •••••••• |
| Aug 2015 | $••••• | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of AlmaConnect
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.7M (May 2019). 31 investors in total: 11 institutional and 20 angel.
Investors in AlmaConnect
AlmaConnect has secured backing from 31 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include 91Springboard, Venture Catalysts and 3one4 Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Early stage venture capital firm primarily investing in India | 2012 | ixoraventures.com | Delhi, India | |
Startup incubator | ciie.co | Ahmedabad, India | ||
Courses and degrees in management are offered by IIMA university. | 1961 | iima.ac.in | Ahmedabad, India | |
Operator of shared workspaces, private offices, and virtual office solutions | 2012 | 91springboard.com | Mumbai, India | |
Provider of climate change, sustainability, and renewable energy consulting services | 1999 | emergent-ventures.com | Gurugram, India | |
Limited information available | countshop.com | Hong Kong, China | ||
Provides college-level courses and degrees in diverse information and communication streams. | 2001 | daiict.ac.in | Gandhinagar, India |
Investor details for AlmaConnect
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 Alma Connect Solutions Private Limited (AlmaConnect)
Alma Connect Solutions Private Limited is the primary company behind AlmaConnect. The board of Alma Connect Solutions Private Limited currently have 2 directors; the longest-serving is Swapnil Khandelwal, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swapnil Khandelwal DIN 05183367 | Director | 28 Feb 2012 | 14 yrs 7 mo | Alma Connect Solutions Private Limited |
| Dhruv Sogani DIN 05169146 | Director | 05 Mar 2019 | 7 yrs 7 mo | Alma Connect Solutions Private Limited |
People of AlmaConnect
10 people are tracked at AlmaConnect (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Jay Gupta | Co-Founder and President | Leadership |
Sai Bharadwaj Sarangula | Product Manager | Team |
Harsh Mani Tiwari | Senior Product Manager | Team |
Shreyas Srivastava | Partnerships Manager | Team |
Rashi Khandelwal | Business Operations/HR Manager | Team |
Mayank Savaliya | Senior Software Engineer | Team |
YAGNIK V. | Software Engineer | Team |
Anoosweta Gupta | Business Operations Specialist | Team |
Complete people profiles for AlmaConnect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of AlmaConnect
Figures of Alma Connect Solutions Private Limited, the primary company behind AlmaConnect, for FY 2024. Revenue was ₹2.19 Cr (-17% year on year). Net profit was ₹11.4 Lakh (5% margin). EBITDA was ₹25.4 Lakh (12% margin). Revenue has grown at a compounded annual rate of +33% over three years and +28% over five years.
- ₹2.19 CrRevenue · FY 2024 · -17% YoY
- ₹11.4 LakhNet profit · 5% margin
- ₹25.4 LakhEBITDA · 12% margin
- ₹1.7 LakhPaid-up capital
- +33%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alma Connect Solutions Private Limited are on its company page.
Detailed financial statements for AlmaConnect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of AlmaConnect
4 dated milestones of AlmaConnect across 11 years, from founding to its latest funding, stage changes and deals.
- Founded AlmaConnect is founded.
- Funding First funding round of $147K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Competitors of AlmaConnect
AlmaConnect has 2 listed competitors in our database, 1 of them funded. They include AlmaShines and Vaave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almashines.io | 2014 | Ahmedabad, India | 39 | Alumni relation management software | ||
| vaave.com | 2013 | Hyderabad, India | $1.39M | 49 | Alumni networks are facilitated through a SaaS platform. |
Detailed competitors of AlmaConnect
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 AlmaConnect
The website of AlmaConnect (almaconnect.com) receives about 170.2K visits a month.
- Monthly visits170.2K
▼ 3.9% vs previous month
Websites whose visitors overlap most with AlmaConnect. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coursera.org | 100% | 44.7M | #744 | View details | |
shiksha.com | shiksha.com | 95% | #3,802 | – | |
| reviewadda.com | 91% | 34.2K | #698,261 | View details | |
nitdaa.org | nitdaa.org | 90% | #9,251,414 | – | |
igecsagar.ac.in | igecsagar.ac.in | 90% | #4,572,673 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for AlmaConnect
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as AlmaConnect (Education Technology Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | |||
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 |
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Related news about Almaconnect
Complete news archive for AlmaConnect
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Frequently Asked Questions about AlmaConnect
AlmaConnect was founded in 2011 and raised its 1st funding round 2 years after it was founded.
AlmaConnect is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Swapnil Khandelwal is the CEO of AlmaConnect, as recorded in our data. They have also founded this company.
AlmaConnect is a funded company, having raised a total of $1.66M across 12 funding rounds to date. The company's 1st funding round was a Seed of $49.39K, raised on Feb 2013.
The primary company behind AlmaConnect, Alma Connect Solutions Private Limited, reported revenue of ₹2.19 Cr for FY 2024, down 17% year on year.
AlmaConnect was founded in 2011 in Gurugram, India, as a web-based platform in the alumni networking sector. Alumni and institutes are connected through customizable online networks. Operations include features for organizing reunion events, posting job opportunities, seeking mentorship from experts, arranging accommodation, and addressing other community queries. The platform enables alumni to join and manage these networks independently.
AlmaConnect's top competitors include AlmaShines and Vaave.
AlmaConnect offers Alumni Network Platform, Data Enrichment Service, and Event Management Tool.
AlmaConnect has 31 investors. Key investors include 91Springboard, Venture Catalysts, 3one4 Capital, Emergent Ventures India, and 100Unicorns.
The valuation of AlmaConnect is $4.7M as of May 2019.
AlmaConnect operates through Alma Connect Solutions Private Limited.
The legal entities of AlmaConnect currently have 2 directors, including Swapnil Khandelwal, Dhruv Sogani.