BrightChamps

Wilmington, United States Founded: 2020 • Age: 6 yrs Minicorn
Provider of live online STEM and life skills courses for children

About BrightChamps

BrightChamps is an Education company based in Wilmington (United States) founded in 2020 by Ravi Bhushan and Sitakanta Ray. It operates as a provider of live online STEM and life skills courses for children. BrightChamps has raised $63.3 million across 1 funding round from investors including Momentum, Premji Invest and GSV Ventures. BrightChamps has completed 4 acquisitions, including EdJust, Education10x and Metamorphosis. BrightChamps was last valued at $370.65 million in August 2021. Its chief executive is Ravi Bhushan. Its website brightchamps.com draws about 576 thousand monthly visits. Its Indian entity Brightchamps Tech Private Limited reported revenue of β‚Ή20.61 Cr. BrightChamps offers products and services including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Diversified. Its competitors include Outschool, LingoAce, GLORANG, Wiingy and Bambinos and 4 more; 9 of its 9 listed competitors have raised funding.

Company details

BrightChamps was founded in 2020 and is headquartered in Wilmington, United States. Operations focus on the education technology sector, where live online courses in STEM topics such as coding and robotics, alongside life skills including financial literacy and communication, are delivered to children. Interactive sessions with tutors are utilized, and curricula are tailored to individual needs to support problem-solving and critical thinking development.

Key Metrics
  • Annual Revenue
    ₹20.61 Cr

    FY 2023 · -8% YoY

  • Net Loss
    -₹160 Cr

    FY 2023 · -774% margin

  • EBITDA
    -₹159 Cr

    FY 2023 · -773% margin

  • Total Equity Funding
    $63.3M (USD)

    in 1 rounds

  • Latest Funding Round
    $63.3M (USD), Series C

    Aug 2021

  • Investors
    Momentum

    & 16 more

  • Investments & Acquisitions
    EdJust

    & 3 more

Products & Services of BrightChamps

BrightChamps offers a comprehensive portfolio of products and services, including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS.

CodeCHAMPS
Coding Platform

Interactive program teaching coding skills to build apps and innovate.

RoboCHAMPS
Robotics Platform

Hands-on robotics and electronics learning for kids through experiments.

FinCHAMPS
Financial Literacy

Simulation-based classes on money management and entrepreneurship.

LingoCHAMPS
Language Skills

Courses to improve communication and public speaking abilities.

AICHAMPS
AI Platform

Exploration of generative AI to foster creativity and curiosity.

MATHCHAMPS
Math Education

Programs covering arithmetic to algebra for academic enhancement.

Apps and channels of BrightChamps

BrightChamps publishes 2 mobile apps with over 100K+ downloads; its YouTube channel BrightCHAMPS has 31.4K subscribers and 30 videos.

BrightChamps Learner
Google Play Education Everyone Free
Developer: Brightchamps
View on Google Play
BrightCHAMPS Learner App
App Store Education 4+
Developer: Brightchamps Edtech Pte Ltd
View on App Store
BrightCHAMPS
YouTube 31.4K subscribers 30 videos Education
Open channel

Videos from BrightChamps

The most watched videos on BrightChamps's YouTube channel, BrightCHAMPS (31.4K subscribers). Click a video to play it here.

Struggling With Math? | BrightCHAMPS Math Classes | Online Math Help for Kids
34K views
What Makes a Good Coding Program Great? | BrightCHAMPS Kids 1:1 Coding Classes
26.1K views
What Are HTML Tags and Elements? | HTML for Kids Explained | BrightCHAMPS Coding for Beginners
13.7K views
Bridge the Learning Gap with REAL-WORLD Skills for Kids | Coding, AI, Finance, STEM | BrightCHAMPS
11.7K views

More on BrightCHAMPS.

Funding Insights of BrightChamps

BrightChamps has successfully raised a total of $63.3M through 1 strategic funding round. The most recent funding activity was a Series C round of $63.3 million completed in August 2021. 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 $63.3M
  • Total Rounds 1
  • Last Round Series C β€” $63.3M
  • First Round $63.3M

    (Aug 2021)

  • Investors Count 17

All 1 funding rounds of BrightChamps with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2021$63.3MSeries C$370.65MPremji Invest
Valuation history
DateValuationStage
Aug 2021$370.65Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $370.65M (Aug 2021). 17 investors in total: 7 institutional and 10 angel.

Investors in BrightChamps

BrightChamps has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Momentum, Premji Invest and GSV Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Provides venture capital for technology startups and enterprise innovations worldwide.
–premjiinvest.comBengaluru, India
Ed-tech startups are funded by GSV Ventures through venture capital.
–gsv.venturesSan Francisco, United States
Early-stage venture capital fund
–beenext.comSingapore, Singapore
Multiple strategies are utilized in hedge fund operations.
–threestatecapital.comAustin, United States
Early-stage venture capital investment firm
–xeed.vcBengaluru, India
Diversified insurance brokerage services are provided across various sectors.
1966momentum.co.zaTshwane, South Africa

Binny Bansal

Co-founder of Flipkart, active angel investor, tech entrepreneur
–unknown_ec52050f386748ef9-

Agarwala Upasana

-
–unknown_fd7b80a8b4c645f8a-

Deepak Singh

-
–unknown_ade3caa7a6b54bac8-

Rahul Garg

Founder of Moglix, leading B2B e-commerce platform, active angel investor
–unknown_36620f680a434c308-
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Investor details for BrightChamps

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Board of directors of Brightchamps Tech Private Limited (BrightChamps)

Brightchamps Tech Private Limited is the primary company behind BrightChamps. The board of Brightchamps Tech Private Limited currently have 2 directors; the longest-serving is Ravi Bhushan Kumar, appointed in 2020. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ravi Bhushan Kumar
DIN 08784630
Director07 Jul 20206 yrs 3 moBrightchamps Tech Private Limited
Munmun Prasad
DIN 08664427
Director01 Jul 20215 yrs 3 moBrightchamps Tech Private Limited

People of BrightChamps

9 people are tracked at BrightChamps (3 in leadership, 6 in team).

NameRoleGroup
Founder & CEOLeadership
Sitakanta Ray
Co-FounderLeadership
Hari Mishra
Head Of RecruitmentLeadership
Mani Bharathi
SEO Assistant ManagerTeam
Divya Mokhara
Coding EducatorTeam
Thakur Rishi Kumar Ramesh
Presales ManagerTeam
Manoj Kumar
Educational Robotics Consultant - USATeam
Karan Sonker
Coding EducatorTeam
Vargis Agarwal
Operations ExecutiveTeam
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Financials of BrightChamps

Figures of Brightchamps Tech Private Limited, the primary company behind BrightChamps, for FY 2023. Revenue was ₹20.61 Cr (-8% year on year). Net loss was -₹160 Cr (-774% margin). EBITDA was -₹159 Cr (-773% margin).

  • ₹20.61 CrRevenue · FY 2023 · -8% YoY
  • -₹160 CrNet loss · -774% margin
  • -₹159 CrEBITDA · -773% margin
  • ₹19.52 CrPaid-up capital
  • 288Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Brightchamps Tech Private Limited are on its company page.

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Detailed financial statements for BrightChamps

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Investments & Acquisitions by BrightChamps

BrightChamps has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include EdJust, Education10x and Metamorphosis.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Operates an online platform offering multi-disciplinary courses for learners.
edjust.coMumbai, India2022Jan 2025β€’β€’β€’β€’
Entrepreneurship education is delivered to students via courses and workshops.
metamorphosisedu.comHyderabad, India2017Apr 2023β€’β€’β€’β€’
Online English learning platform for non-native children is provided.
schola.tvHo Chi Minh, Vietnam2017Aug 2022$15M
Provides one-on-one live classes on financial literacy for school students
education10x.comSingapore2020Feb 2022β€’β€’β€’β€’
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Timeline of BrightChamps

7 dated milestones of BrightChamps across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded BrightChamps is founded.
  2. Funding First funding round of $63.3M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Education10x.
  5. Acquisition Acquires Schola.
  6. Acquisition Acquires Metamorphosis.
  7. Acquisition Acquires EdJust.

Competitors of BrightChamps

BrightChamps has 9 listed competitors in our database, 9 of them funded. They include Outschool, LingoAce, GLORANG, Wiingy and Bambinos, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
outschool.com2015San Francisco, United States$240.02M84
Multi-disciplinary online classes are provided via an app-based platform.
lingoace.com2017Singapore$176M–
App-based platform providing tutoring sessions for language learning
glorang.com2016Seoul, South Korea$16.52M–
App-based platform offering tutoring solutions for kids
wiingy.com2021Bengaluru, India$406,34146
Online and in-person tutoring services are offered via a marketplace.
bambinos.live2020Bengaluru, India$567,61343
Online English communication courses for children are offered by Bambinos.
marathon.edu.vn2021Ho Chi Minh, Vietnam$6.73M–
Multi-disciplinary online courses are delivered via live-streaming platform.
jetlearn.com2020Amsterdam, Netherlands$1.2M–
Tutoring solutions for children are delivered via an online platform.
gguge.com2020Seoul, South Korea$10M–
SaaS-driven tutoring solutions are provided for students in various subjects.
multibhashi.com2016Bengaluru, India$1.17M–
English learning from vernacular languages is enabled via mobile platform.
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Detailed competitors of BrightChamps

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Web traffic of BrightChamps

The website of BrightChamps (brightchamps.com) receives about 576K visits a month and ranks #95,506 among all websites worldwide, #6,099 in Education.

  • Monthly visits
    576K

    ▲ 12% vs previous month

  • Unique visitors
    157.9K

    per month

  • Global rank
    #95,506

    among all websites

  • Category rank
    #6,099

    Science and Education · Education

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cococoders.com
100%
44.8K#738,806View details
idtech.com
96%
442.1K#141,217View details
geekexpress.com
95%
––View details
code.org
95%
6.4M#5,880View details
immerse.education
immerse.education
93%
–#91,117–
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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All 29 similar websites and full traffic analytics for BrightChamps

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Top companies in Education Technology Platforms

10 companies that operate in the same segment as BrightChamps (Education Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M830
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 311.77 MUSD 415.66 M10,293
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Real-time classroom behavior feedback is delivered to students by teachers.
2011San Francisco, California, United StatesUSD 221.22 M––
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.32 MUSD 43.22 M1,149
Cloud-based learning management systems are provided for educational courses.
1999Salt Lake City, Utah, United StatesUSD 88.85 M––
High-quality K-12 curriculum and assessments are provided by Amplify.
2000Brooklyn, New York, United StatesUSD 215 M––
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
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Related news about Brightchamps

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Frequently Asked Questions about BrightChamps

BrightChamps was founded in 2020 and raised its 1st funding round 1 year after it was founded.

BrightChamps is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Ravi Bhushan is the current CEO of BrightChamps. They have also founded this company.

BrightChamps is a funded company, having raised a total of $63.3M across 1 funding round to date. The company's 1st funding round was a Series C of $63.3M, raised on Aug 2021.

The primary company behind BrightChamps, Brightchamps Tech Private Limited, reported revenue of β‚Ή20.61 Cr for FY 2023, down 8% year on year.

BrightChamps was founded in 2020 and is headquartered in Wilmington, United States. Operations focus on the education technology sector, where live online courses in STEM topics such as coding and robotics, alongside life skills including financial literacy and communication, are delivered to children. Interactive sessions with tutors are utilized, and curricula are tailored to individual needs to support problem-solving and critical thinking development.

BrightChamps's top competitors include Outschool, LingoAce and Wiingy.

BrightChamps offers CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and 2 more products and services.

BrightChamps has made 4 acquisitions, including EdJust, Education10x, and Metamorphosis.

BrightChamps has 17 investors. Key investors include Momentum, Premji Invest, GSV Ventures, Binny Bansal, and Beenext.

The valuation of BrightChamps is $370.65M as of Aug 2021.

BrightChamps operates through Brightchamps Tech Private Limited.

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