Avanti.in

Mumbai, India Founded: 2012 • Age: 14 yrs Minicorn
Test preparation solutions are offered to high school students.

About Avanti.in

Avanti.in is an Education company based in Mumbai (India) founded in 2012 by Krishna Ramkumar and Akshay Saxena. Test preparation solutions are offered to high school students. Avanti.in has raised $10.49 million across 6 funding rounds from investors including Pearson, Michael & Susan Dell Foundation and Globevestor. The company has 11 employees. Avanti.in was last valued at $16.94 million in December 2020. Its chief executive, as recorded, is Krishna Ramkumar. Its Indian entity Avanti Learning Centres Private Limited reported revenue of β‚Ή8.21 Cr. Avanti.in offers products and services including Coaching Classes and Distance Learning. Its focus areas include EdTech, Test Preparation Tech and Tech first Coaching Centre. Its competitors include myClassroom and The Nirvana.

Company details

Avanti.in was founded in 2012 in Mumbai, India, as a provider of educational services in the test preparation sector. Free programs for test preparation, along with mentorship and career guidance, are delivered to high school students. These services focus on facilitating placements into top-tier science and technology institutions. Operations are centered in India, targeting underserved student populations.

  • Headquarters Mumbai, India
  • Employees 11
  • Founders Krishna Ramkumar, Akshay Saxena
  • Stage Minicorn
  • Sectors
    Education
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website avanti.in
  • Social LinkedIn X Facebook
  • Legal Name Avanti Learning Centres Private Limited
  • Date of Incorporation 06 Nov, 2012
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹8.21 Cr

    FY 2024 · +24% YoY

  • Net Loss
    -₹3.1 Lakh

    FY 2024 · 0% margin

  • EBITDA
    ₹38.2 Lakh

    FY 2024 · 5% margin

  • Total Equity Funding
    $10.49M (USD)

    in 6 rounds

  • Latest Funding Round
    $407.44K (USD), Series A

    Dec 2020

  • Investors
    Pearson

    & 9 more

  • Employee Count
    11

Products & Services of Avanti.in

Avanti.in offers a comprehensive portfolio of products and services, including Coaching Classes and Distance Learning.

Coaching Classes
Educational Services

Interactive in-person and online sessions for exam preparation.

Distance Learning
Online Education

Video-based modules and doubt clearing for remote students.

Funding Insights of Avanti.in

Avanti.in has successfully raised a total of $10.49M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $407.44 thousand completed in December 2020. 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 $10.49M
  • Total Rounds 6
  • Last Round Series A β€” $407,436
  • First Round $425,097

    (Sep 2013)

  • Investors Count 10

All 6 funding rounds of Avanti.in with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2020$407,436Series A$16.94M–
May 2019$2.1MSeries A$15.7MMichael & Susan Dell Foundation
Jul 2018$1.14MSeries A$β€’β€’β€’β€’β€’Michael & Susan Dell Foundation
Feb 2016$4.87MSeries A$β€’β€’β€’β€’β€’Michael & Susan Dell Foundation
Dec 2014$1.55MSeries A$β€’β€’β€’β€’β€’Michael & Susan Dell Foundation
Sep 2013$425,097Seed$β€’β€’β€’β€’β€’Pearson
Valuation history
DateValuationStage
Dec 2020$16.94Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$15.7Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Avanti.in

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $16.94M (Dec 2020). 10 investors in total: 6 institutional and 4 angel.

Investors in Avanti.in

Avanti.in has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Pearson, Michael & Susan Dell Foundation and Globevestor.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Sector-agnostic VC investment company investing globally
therisefund.comSan Francisco, United States
Venture capital fund investment in series-A startups
ashaventures.inMumbai, India
Early-stage, high-impact social enterprises are supported by the foundation.
drkfoundation.orgMenlo Park, United States
A foundation focused on transforming lives through education and health.
1999dell.orgAustin, United States
Provider of evidence-based learning products and solutions for learners and educators
1836pearson.comLondon, United Kingdom
Equity-based crowdfunding platform for startups
2013globevestor.comClaymont, United States

Vikram Gandhi

Founder of VSG Capital, veteran banker, active angel investor in Indian startups
unknown_082624692ac94a44b

Pramod Bhasin

Founder of Genpact, angel investor, pioneer in Indian BPO industry
unknown_12c1ad7498a94c85b

Ted Dintersmith

unknown_f7654be9968e4b4db

Swati Rai

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Investor details for Avanti.in

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Board of directors of Avanti Learning Centres Private Limited (Avanti.in)

Avanti Learning Centres Private Limited is the primary company behind Avanti.in. The board of Avanti Learning Centres Private Limited currently have 2 directors; the longest-serving is Krishna Ramkumar, appointed in 2012. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Krishna Ramkumar
DIN 06368274
Director06 Nov 201214 yrsAvanti Learning Centres Private Limited
Pradeep Bhujanga Shetty
DIN 09259535
Director08 Sep 20215 yrs 2 moAvanti Learning Centres Private Limited

People of Avanti.in

21 people are tracked at Avanti.in (6 in leadership, 4 in board & advisors, 11 in team); the tracked headcount is 11.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Vikas Chopra
Head Of Business Development and SalesLeadership
Neha Chourasia
Senior Faculty (NEET Biology) Recruitment Head Content Development HeadLeadership
State HeadLeadership
Geetjot Sidhu
Centre Head , Avanti-QatarLeadership
Eric Mazur
DirectorBoard & advisors
Vikram Gandhi
DirectorBoard & advisors
Vikas Verma
DirectorBoard & advisors
Pramod Bhasin
DirectorBoard & advisors
Deepak Venkatesh
Partnership and outreachTeam
Shekhar Navkar
Sales AssociateTeam
Avinash Shukla
Sales Marketing PositionsTeam
Hena Babu
Media Production SpecialistTeam
Neha Chaudhary
HR AdministratorTeam
shalini shalini.H.S.
Senior Biology FacultyTeam
Shruti Johri
Sales ManagerTeam
Vinod Dhale
Sales ManagerTeam
Rahul Mishra
Business Development ManagerTeam
Md Sajid Khan
Assistant Sales ManagerTeam

1 more people are available in the full profile.

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Financials of Avanti.in

Figures of Avanti Learning Centres Private Limited, the primary company behind Avanti.in, for FY 2024. Revenue was ₹8.21 Cr (+24% year on year). Net loss was -₹3.1 Lakh (0% margin). EBITDA was ₹38.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of +2% over three years and -14% over five years.

  • ₹8.21 CrRevenue · FY 2024 · +24% YoY
  • -₹3.1 LakhNet loss · 0% margin
  • ₹38.2 LakhEBITDA · 5% margin
  • ₹57.45 CrPaid-up capital
  • 11Employees (provident fund records)
  • +2%Revenue CAGR, 3 years
  • -14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Avanti Learning Centres Private Limited are on its company page.

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Detailed financial statements for Avanti.in

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Timeline of Avanti.in

4 dated milestones of Avanti.in across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avanti.in is founded.
  2. Funding First funding round of $425K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $407K.

Competitors of Avanti.in

Avanti.in has 2 listed competitors in our database. They include myClassroom and The Nirvana.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
myclassroom.digital2018Noida, India8
Delivers comprehensive smart classroom solutions to enhance student learning experiences.
thenirvana.org2016Hamirpur, India
An online platform delivering educational coaching services to learners.
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Detailed competitors of Avanti.in

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Web traffic of Avanti.in

Websites that share an audience with Avanti.in (avanti.in).

Similar websites

Websites whose visitors overlap most with Avanti.in. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kumarsir34.wordpress.com
kumarsir34.wordpress.com
100%
#77,275–
scribd.com
96%
306.7M#137View details
pxanilkr.com
pxanilkr.com
91%
#5,091,056–
mtg.in
88%
#92,551View details
oswaalbooks.com
88%
2.5M#29,481View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Test Preparation Platforms

3 companies that operate in the same segment as Avanti.in (Test Preparation Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
An online platform for competitive exam preparation is provided.
2016Gurugram, Haryana, IndiaUSD 64.98 MUSD 15.59 M
Mobile and SaaS-based platform providing e-learning and test preparation platform for students
2013Mumbai, Maharashtra, IndiaUSD 116.06 MUSD 12.77 M
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Related news about Avanti.In

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Frequently Asked Questions about Avanti.in

Avanti.in was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Avanti.in is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Krishna Ramkumar is the CEO of Avanti.in, as recorded in our data. They have also founded this company.

Avanti.in is a funded company, having raised a total of $10.49M across 6 funding rounds to date. The company's 1st funding round was a Seed of $425.1K, raised on Sep 2013.

Avanti.in has 11 employees.

The primary company behind Avanti.in, Avanti Learning Centres Private Limited, reported revenue of β‚Ή8.21 Cr for FY 2024, up 24% year on year.

Avanti.in was founded in 2012 in Mumbai, India, as a provider of educational services in the test preparation sector. Free programs for test preparation, along with mentorship and career guidance, are delivered to high school students. These services focus on facilitating placements into top-tier science and technology institutions. Operations are centered in India, targeting underserved student populations.

Avanti.in's top competitors include myClassroom and The Nirvana.

Avanti.in offers Coaching Classes and Distance Learning.

Avanti.in has 10 investors. Key investors include Pearson, Michael & Susan Dell Foundation, Globevestor, The Rise Fund, and Vikram Gandhi.

The valuation of Avanti.in is $16.94M as of Dec 2020.

Avanti.in operates through Avanti Learning Centres Private Limited.

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