About BrightChamps
BrightChamps is a company based in Wilmington (United States) founded in 2020 by Ravi Bhushan and Sitakanta Ray.. 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 offers products and services including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS. BrightChamps operates in a competitive market with competitors including Outschool, LingoAce, GLORANG, Wiingy and Bambinos, among others.
- Headquarter Wilmington, United States
- Founders Ravi Bhushan, Sitakanta Ray
- Stage Minicorn
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of BrightChamps
BrightChamps offers a comprehensive portfolio of products and services, including CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and AICHAMPS. 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.
Interactive program teaching coding skills to build apps and innovate.
Hands-on robotics and electronics learning for kids through experiments.
Simulation-based classes on money management and entrepreneurship.
Courses to improve communication and public speaking abilities.
Exploration of generative AI to foster creativity and curiosity.
Programs covering arithmetic to algebra for academic enhancement.
Unlock access to complete
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 Total Funding
- Total Rounds 1
- Last Round Series C — $63.3M
-
First Round
First Round
(11 Aug 2021)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series C - BrightChamps | Valuation | Premji Invest |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Provides venture capital for technology startups and enterprise innovations worldwide.
|
Founded Year | Domain | Location | |
|
Ed-tech startups are funded by GSV Ventures through venture capital.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital fund
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by BrightChamps
BrightChamps has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include EdJust, Education10x and Metamorphosis. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Operates an online platform offering multi-disciplinary courses for learners.
|
2022 | ||||
|
Provides one-on-one live classes on financial literacy for school students
|
2020 | ||||
|
Entrepreneurship education is delivered to students via courses and workshops.
|
2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BrightChamps
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brightchamps Comparisons
Competitors of BrightChamps
BrightChamps 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 Outschool, LingoAce, GLORANG, Wiingy and Bambinos, 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 |
Multi-disciplinary online classes are provided via an app-based platform.
|
|
| domain | founded_year | HQ Location |
App-based platform providing tutoring sessions for language learning
|
|
| domain | founded_year | HQ Location |
App-based platform offering tutoring solutions for kids
|
|
| domain | founded_year | HQ Location |
Online and in-person tutoring services are offered via a marketplace.
|
|
| domain | founded_year | HQ Location |
Online English communication courses for children are offered by Bambinos.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Brightchamps
Frequently Asked Questions about BrightChamps
When was BrightChamps founded?
BrightChamps was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is BrightChamps located?
BrightChamps is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of BrightChamps?
Ravi Bhushan is the current CEO of BrightChamps. They have also founded this company.
Is BrightChamps a funded 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 11, 2021.
What does BrightChamps do?
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.
Who are the top competitors of BrightChamps?
What products or services does BrightChamps offer?
BrightChamps offers CodeCHAMPS, RoboCHAMPS, FinCHAMPS, LingoCHAMPS, and 2 more products and services.
How many acquisitions has BrightChamps made?
BrightChamps has made 4 acquisitions, including EdJust, Education10x, and Metamorphosis.
Who are BrightChamps's investors?
BrightChamps has 17 investors. Key investors include Momentum, Premji Invest, GSV Ventures, Binny Bansal, and Beenext.
What is BrightChamps's valuation?
The valuation of BrightChamps is $370.65M as of Aug 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.