About Cengage Learning
Cengage Learning is a company based in Noida (India) founded in 2011.. Cengage Learning has raised $525 million across 1 funding round. The company has 124 employees as of April 07, 2024. Cengage Learning has completed 3 acquisitions, including Learning Objects, Pathbrite and WebAssign. Cengage Learning operates in a competitive market with competitors including Strategic Education, Adventum Student Living, Costa Edutainment, Asset International and Educations Media Group, among others.
- Headquarter Noida, India
- Employees 124 as on 07 Apr, 2024
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cengage Learning India Private Limited
- Date of Incorporation 18 Sep, 2003
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$9.46 M (USD)3.9as on Mar 31, 2023
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Net Profit
$1.03 M (USD)-27.23as on Mar 31, 2023
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EBITDA
$1.15 M (USD)-28.9as on Mar 31, 2023
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Total Equity Funding
$525 M (USD)
in 1 rounds
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Latest Funding Round
$525 M (USD), Series D
May 22, 2023
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Investors
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Employee Count
124
as on Apr 07, 2024
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Investments & Acquisitions
Learning Objects
& 2 more
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Funding Insights of Cengage Learning
Cengage Learning has successfully raised a total of $525M through 1 strategic funding round. The most recent funding activity was a Series D round of $525 million completed in May 2023. 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 D — $525.0M
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First Round
First Round
(22 May 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series D - Cengage Learning | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Cengage Learning
Cengage Learning has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Learning Objects, Pathbrite and WebAssign. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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E-portfolios are built for educators to document student achievements.
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2012 | ||||
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Adaptive online courses and social platforms are created for educators.
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2003 | ||||
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Online tools for virtual learning environments are provided.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cengage Learning
| 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 |
Cengage Learning Comparisons
Competitors of Cengage Learning
Cengage Learning 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 Strategic Education, Adventum Student Living, Costa Edutainment, Asset International and Educations Media Group, 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 |
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| domain | founded_year | HQ Location |
Educational support services are provided to working adult students.
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| domain | founded_year | HQ Location |
Study abroad consulting and student accommodation services are provided.
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| domain | founded_year | HQ Location |
Children's recreational, cultural, educational, and scientific activities are provided.
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| domain | founded_year | HQ Location |
Operates publishing and education portals focused on retirement and international securities
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| domain | founded_year | HQ Location |
Provider of search engines for education and training
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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 Cengage Learning
Frequently Asked Questions about Cengage Learning
When was Cengage Learning founded?
Cengage Learning was founded in 2011 and raised its 1st funding round 12 years after it was founded.
Where is Cengage Learning located?
Cengage Learning is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Cengage Learning a funded company?
Cengage Learning is a funded company, having raised a total of $525M across 1 funding round to date. The company's 1st funding round was a Series D of $525M, raised on May 22, 2023.
How many employees does Cengage Learning have?
As of Apr 07, 2024, the latest employee count at Cengage Learning is 124.
What is the annual revenue of Cengage Learning?
Annual revenue of Cengage Learning is $9.46M as on Mar 31, 2023.
What does Cengage Learning do?
Cengage Learning provider of education consulting services, focusing on involved in educational services, educational support services, b2c, admissions consulting, study abroad, and supporting higher education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of Cengage Learning?
Cengage Learning's top competitors include Strategic Education, Adventum Student Living and Costa Edutainment.
How many acquisitions has Cengage Learning made?
Cengage Learning has made 3 acquisitions, including Learning Objects, Pathbrite, and WebAssign.
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