Chippersage

Bengaluru, India Founded: 2009 • Age: 17 yrs Minicorn
Research-based digital tools for education are developed for ages 2-14.

About Chippersage

Chippersage is a company based in Bengaluru (India) founded in 2009. It operates as a research-based digital tools for education are developed for ages 2-14. Chippersage has raised $389.58 thousand across 4 funding rounds from investors including Corporate Business Advisors, MSDF and Gopal krishnan. The company has 2 employees. Chippersage was last valued at $1.59 million in October 2016. Its Indian entity Chippersage Education Private Limited reported revenue of β‚Ή61.3 Lakh. Chippersage offers products and services including Communicative English and Professional English for Teachers.

Company details

Founded in 2009, Chippersage operates from Bengaluru, India, in the education technology sector. Products such as Flow of English and Smart Tiles are created for self-learning and teaching in English, Maths, and Science, targeting students aged 2-14. Incubation occurs at NSRCEL, IIM Bangalore. Offline collaborations with schools involve consulting projects, seminars, and reading assessments. Strategic partnerships are maintained with Zaya Learning Labs, Deshpande Foundation, and Samriddhi Trust.

Key Metrics
  • Annual Revenue
    ₹61.3 Lakh

    FY 2023 · +336% YoY

  • Net Profit
    ₹15.3 Lakh

    FY 2023 · 25% margin

  • EBITDA
    ₹22 Lakh

    FY 2023 · 36% margin

  • Total Equity Funding
    $389.58K (USD)

    in 4 rounds

  • Investors
  • Employee Count
    2

Products & Services of Chippersage

Chippersage offers a comprehensive portfolio of products and services, including Communicative English and Professional English for Teachers.

Communicative English
Educational Programs

English skills are enhanced for learners aged 7-15 through a self-paced online program that incorporates audio-visual tools and interactive exercises.

Professional English for Teachers
Teacher Training

Teachers' abilities are improved in speaking correctly and interacting effectively with students, parents, and colleagues via online and mentor-assisted learning.

Funding Insights of Chippersage

Chippersage has successfully raised a total of $389.58K across 4 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 $389,583
  • Total Rounds 4
  • First Round $15,766

    (Jan 2015)

  • Investors Count 5

All 4 funding rounds of Chippersage with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017–Seed––
Oct 2016$224,153Seed$1.59MCorporate Business Advisors
–
Dec 2015$149,664Seed$1.15MCorporate Business Advisors
–
Jan 2015$15,766Angel Round$β€’β€’β€’β€’β€’Gopal krishnan, Ravi Kumar
Valuation history
DateValuationStage
Oct 2016$1.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2015$1.15Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.59M (Oct 2016). 5 investors in total: 2 institutional and 3 angel.

Investors in Chippersage

Chippersage has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Corporate Business Advisors, MSDF and Gopal krishnan.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Education and poverty initiatives are funded by the foundation.
–msdf.orgAustin, United States
An investment management firm specializing in diversified funds and portfolios.
2013cbacapital.inBengaluru, India

Gopal krishnan

-
–unknown_1349f53baadc461d8-

Ravi Kumar

Angel investor and tech entrepreneur, focusing on Indian startups
–unknown_a1ac038c0ebf455f8-

Sanjay Anandaram

Venture capitalist, angel investor, and mentor in Indian startup ecosystem.
–unknown_01ffb7182fa944f08-
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Investor details for Chippersage

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Board of directors of Chippersage Education Private Limited (Chippersage)

Chippersage Education Private Limited is the primary company behind Chippersage. The board of Chippersage Education Private Limited currently have 2 directors; the longest-serving is Latha Srinivasan, appointed in 2013.

DirectorDesignationAppointedTenureEntity
Latha Srinivasan
DIN 06481357
Director27 Mar 201313 yrs 6 moChippersage Education Private Limited
Jayasimha Varadarajan
DIN 03052027
Director27 Mar 201313 yrs 6 moChippersage Education Private Limited

Financials of Chippersage

Figures of Chippersage Education Private Limited, the primary company behind Chippersage, for FY 2023. Revenue was ₹61.3 Lakh (+336% year on year). Net profit was ₹15.3 Lakh (25% margin). EBITDA was ₹22 Lakh (36% margin). Revenue has grown at a compounded annual rate of 0% over three years and -8% over five years.

  • ₹61.3 LakhRevenue · FY 2023 · +336% YoY
  • ₹15.3 LakhNet profit · 25% margin
  • ₹22 LakhEBITDA · 36% margin
  • ₹2.8 LakhPaid-up capital
  • 2Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

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

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Detailed financial statements for Chippersage

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Timeline of Chippersage

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

  1. Founded Chippersage is founded.
  2. Funding First funding round of $16K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.
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Related news about Chippersage

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Frequently Asked Questions about Chippersage

Chippersage was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Chippersage is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Chippersage is a funded company, having raised a total of $389.58K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $15.77K, raised on Jan 2015.

Chippersage has 2 employees.

The primary company behind Chippersage, Chippersage Education Private Limited, reported revenue of β‚Ή61.3 Lakh for FY 2023, up 336% year on year.

Founded in 2009, Chippersage operates from Bengaluru, India, in the education technology sector. Products such as Flow of English and Smart Tiles are created for self-learning and teaching in English, Maths, and Science, targeting students aged 2-14. Incubation occurs at NSRCEL, IIM Bangalore. Offline collaborations with schools involve consulting projects, seminars, and reading assessments. Strategic partnerships are maintained with Zaya Learning Labs, Deshpande Foundation, and Samriddhi Trust.

Chippersage offers Communicative English and Professional English for Teachers.

Chippersage has 5 investors. Key investors include Corporate Business Advisors, MSDF, Gopal krishnan, Ravi Kumar, and Sanjay Anandaram.

The valuation of Chippersage is $1.59M as of Oct 2016.

Chippersage operates through Chippersage Education Private Limited.

The legal entities of Chippersage currently have 2 directors, including Latha Srinivasan, Jayasimha Varadarajan.

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