About CODIIS
CODIIS is a company based in Chennai (India) founded in 2016. CODIIS has raised $801.32 thousand across 5 funding rounds from investors including Amalabh, Subadra Jegannathan Varadhachari and Usha Iyengar. The company has 32 employees. CODIIS operates in a competitive market with competitors including Coursera, Pluralsight, upGrad, Codecademy and Udemy, among others.
- Headquarter Chennai, India
- Employees 32
- Stage Minicorn
- SectorsEducation
- Website codiis.com
- Legal Name Connected Digital Systems Private Limited
- Date of Incorporation 25 Oct, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.12 Cr
FY 2024 · +4% YoY
- Net Loss-₹29.5 Lakh
FY 2024 · -26% margin
- EBITDA-₹6.7 Lakh
FY 2024 · -6% margin
- Total Equity Funding$801.32K (USD)
in 5 rounds
- Latest Funding Round$173.71K (USD), Seed
Aug 2021
- InvestorsAmalabh
& 30 more
- Employee Count32
Associated legal entities of CODIIS
CODIIS operates through Connected Digital Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Connected Digital Systems Private Limited CIN U72900TN2016PTC113077 | Active | 25 Oct 2016 | Chennai, Tamil Nadu | ₹1.1 Cr | 32 | 3 | View details |
Funding Insights of CODIIS
CODIIS has successfully raised a total of $801.32K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $173.71 thousand 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 $801,324
- Total Rounds 5
- Last Round Seed — $173,712
- Investors Count 31
All 5 funding rounds of CODIIS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $173,712 | Seed | $1.92M | Subadra Jegannathan Varadhachari, Subadra Jegannathan Varadhachari | |
| Nov 2020 | $116,476 | Seed | $1.75M | Amalabh | – |
| Nov 2018 | $363,181 | Seed | $••••• | Thodur Vasudevan, Thodur Vasudevan | |
| Apr 2017 | $147,955 | Angel Round | $••••• | Meera Luthra, Meera Luthra | |
| Feb 2017 | – | Angel Round | – | Sanjay Kapoor | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $1.92M | •••••••• |
| Nov 2020 | $1.75M | •••••••• |
| Nov 2018 | $••••• | •••••••• |
| Apr 2017 | $••••• | •••••••• |
Full valuation and stage history of CODIIS
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.92M (Aug 2021). 31 investors in total: 3 institutional and 28 angel.
Investors in CODIIS
CODIIS has secured backing from 31 investors, including institutional and angel investors. Prominent investors backing the company include Amalabh, Subadra Jegannathan Varadhachari and Usha Iyengar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Boutique firm offering financial advisory, credit services, and deal arrangements in Dubai. | 2016 | amalabh.com | India | |
Business consulting services are provided by Modular Technologies. | – | modulartech.in | Chennai, India | |
Delivers a comprehensive suite of IT services to support daily business operations. | 2004 | softsource.co.nz | Auckland, New Zealand | |
SJ Subadra Jegannathan Varadhachari | - | – | unknown_5160c61094524b938 | - |
UI Usha Iyengar | - | – | unknown_afe6251cb81f4fcc8 | - |
SJ Subadra Jegannathan Varadhachari | - | – | unknown_2cdd4afedad143e98 | - |
UI Usha Iyengar | - | – | unknown_ba7b5b01f3f6401c8 | - |
SK Sanjay Kapoor | Angel investor, ex-CEO of Bharti Airtel, mentor to Indian startups | – | unknown_676847c4d9bc495bb | - |
TV Thodur Vasudevan | - | – | unknown_f8177d9d81164c9aa | - |
VJ Venkataraman Jagannathan | - | – | unknown_e9508e4025de4a7a9 | - |
Investor details for CODIIS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Connected Digital Systems Private Limited (CODIIS)
Connected Digital Systems Private Limited is the primary company behind CODIIS. The board of Connected Digital Systems Private Limited currently have 3 directors; the longest-serving is Bharath Srinivasan, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharath Srinivasan DIN 05176439 | Director | 01 Mar 2017 | 9 yrs 7 mo | Connected Digital Systems Private Limited |
| Sanjay Kumar Verma DIN 08235643 | Additional Director | 23 Sep 2024 | 2 yrs | Connected Digital Systems Private Limited |
| Chandrasekaran Ravindhar DIN 07770872 | Director | 01 Dec 2025 | 10 mo | Connected Digital Systems Private Limited |
Financials of CODIIS
Figures of Connected Digital Systems Private Limited, the primary company behind CODIIS, for FY 2024. Revenue was ₹1.12 Cr (+4% year on year). Net loss was -₹29.5 Lakh (-26% margin). EBITDA was -₹6.7 Lakh (-6% margin).
- ₹1.12 CrRevenue · FY 2024 · +4% YoY
- -₹29.5 LakhNet loss · -26% margin
- -₹6.7 LakhEBITDA · -6% margin
- ₹2.60 CrPaid-up capital
- 32Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Connected Digital Systems Private Limited are on its company page.
Detailed financial statements for CODIIS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of CODIIS
4 dated milestones of CODIIS across 5 years, from founding to its latest funding, stage changes and deals.
- Founded CODIIS is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $174K.
Competitors of CODIIS
CODIIS 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 Coursera, Pluralsight, upGrad, Codecademy and Udemy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coursera.org | 2012 | Mountain View, United States | $443.17M | 443 | An online platform for multi-course education is operated. | |
| pluralsight.com | 2004 | Farmington, United States | $235.41M | 315 | Cloud-based LMS platform for IT industry | |
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| codecademy.com | 2011 | New York, United States | $82.53M | 191 | Mobile and SaaS-based platform to learn coding | |
| udemy.com | 2010 | San Francisco, United States | $273.59M | 883 | Online courses in diverse subjects are provided via a marketplace. | |
| udacity.com | 2011 | Mountain View, United States | $160M | 276 | Online platform for professional development courses in software is provided. | |
| masterclass.com | 2012 | San Francisco, United States | $461.4M | 623 | Online courses in creative fields are delivered by celebrity experts. | |
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| mygreatlearning.com | 2013 | Gurugram, India | – | 1,167 | Provides online learning programs for IT | |
| galvanize.com | 2012 | Denver, United States | $138.43M | 344 | Bootcamps and startup growth platform |
Detailed competitors of CODIIS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to CODIIS
10 companies that operate in the same segment as CODIIS (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 7,112 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 1,260 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 623 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore | USD 961.07 M | – | – | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about CODIIS
CODIIS was founded in 2016 and raised its 1st funding round 1 year after it was founded.
CODIIS is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
CODIIS is a funded company, having raised a total of $801.32K across 5 funding rounds to date.
CODIIS has 32 employees.
The primary company behind CODIIS, Connected Digital Systems Private Limited, reported revenue of ₹1.12 Cr for FY 2024, up 4% year on year.
CODIIS was established in 2016 in Chennai, India, as an online platform focused on IT education. Courses in UIUX design, Java development, Android development, data analytics, and related fields are provided to users. Operations center on digital delivery of instructional content, enabling remote access to skill-building resources in the technology sector. The platform serves learners seeking professional development in software and design disciplines.
CODIIS's top competitors include upGrad, Pluralsight and Coursera.
CODIIS has 31 investors. Key investors include Amalabh, Subadra Jegannathan Varadhachari, Usha Iyengar, Subadra Jegannathan Varadhachari, and Usha Iyengar.
The valuation of CODIIS is $1.92M as of Aug 2021.
CODIIS operates through Connected Digital Systems Private Limited.
The legal entities of CODIIS currently have 3 directors, including Bharath Srinivasan, Sanjay Kumar Verma, Chandrasekaran Ravindhar.