Cohortplus

Bengaluru, India Founded: 2015 • Age: 11 yrs Acquired By upGrad
A mobile app designed for professional networking and connections.

About Cohortplus

Cohortplus was a Consumer company based in Bengaluru (India) founded in 2015 by Rahul Nayak and Karan Thakral, and was acquired by upGrad in July 2019. A mobile app designed for professional networking and connections. It operates on a B2C model. Cohortplus has raised $55.31 thousand across 1 funding round from investors including upGrad, Manish Maheshwari and Sujatha Viswanath. Cohortplus was last valued at $385.04 thousand in December 2015. Its Indian entity Fairmont Technologies Private Limited reported revenue of β‚Ή16.1 Lakh. The company is recorded as dissolved. Its focus areas include Technology, Social Media, Networking Platforms and Professional Apps.

Company details

Cohortplus, established in 2015 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, managing social media platforms, networking platforms, and professional apps. A mobile app designed for professional networking and connections. Adapting to market demands with innovation and client-focused strategies.

Key Metrics
  • Annual Revenue
    ₹16.1 Lakh

    FY 2021 · -71% YoY

  • Net Profit
    ₹5.5 Lakh

    FY 2021 · 34% margin

  • EBITDA
    ₹5.5 Lakh

    FY 2021 · 34% margin

  • Total Equity Funding
    $55.31K (USD)

    in 1 rounds

  • Latest Funding Round
    $55.31K (USD), Angel Round

    Dec 2015

  • Investors
    upGrad

    & 3 more

  • Acquired by
    upGrad

    (Jul 2019)

Funding Insights of Cohortplus

Cohortplus has successfully raised a total of $55.31K through 1 strategic funding round. The most recent funding activity was a Angel Round of $55.31 thousand completed in December 2015. 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 $55,314
  • Total Rounds 1
  • Last Round Angel Round β€” $55,314
  • First Round $55,314

    (Dec 2015)

  • Investors Count 3

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2015$55,314Angel Round$385,040Manish Maheshwari
Valuation history

Last known valuation $385,040 (Dec 2015). 4 investors in total: 1 institutional and 3 angel.

Investors in Cohortplus

Cohortplus has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include upGrad, Manish Maheshwari and Sujatha Viswanath.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Professional certification training courses are provided via an online platform.
2015upgrad.comMumbai, India

Manish Maheshwari

Former Twitter India MD, angel investor, and edtech entrepreneur
unknown_4f59850a76814ca18

Sujatha Viswanath

unknown_e6bd39f219fc4aa98

Alok Mittal

Co-founder of Indifi, angel investor, ex-Canaan Partners, startup mentor
unknown_51e402b3c52c410f8
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Investor details for Cohortplus

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Fairmont Technologies Private Limited (Cohortplus)

Fairmont Technologies Private Limited is the primary company behind Cohortplus. The board of Fairmont Technologies Private Limited currently have 2 directors; the longest-serving is Srinivasan Narayan Narayan, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srinivasan Narayan Narayan
DIN 06921864
Director07 Jul 201511 yrs 4 moFairmont Technologies Private Limited
Karan Thakral
DIN 06880511
Director25 Nov 201510 yrs 11 moFairmont Technologies Private Limited

People of Cohortplus

2 people are tracked at Cohortplus (2 in leadership).

NameRoleGroup
Rahul Nayak
Co-FounderLeadership
Co-FounderLeadership
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Financials of Cohortplus

Figures of Fairmont Technologies Private Limited, the primary company behind Cohortplus, for FY 2021. Revenue was ₹16.1 Lakh (-71% year on year). Net profit was ₹5.5 Lakh (34% margin). EBITDA was ₹5.5 Lakh (34% margin). Revenue has grown at a compounded annual rate of +169% over three years.

  • ₹16.1 LakhRevenue · FY 2021 · -71% YoY
  • ₹5.5 LakhNet profit · 34% margin
  • ₹5.5 LakhEBITDA · 34% margin
  • ₹1.2 LakhPaid-up capital
  • +169%Revenue CAGR, 3 years

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

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Detailed financial statements for Cohortplus

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Timeline of Cohortplus

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

  1. Founded Cohortplus is founded.
  2. Funding First funding round of $55K.
  3. Exit Acquired by upGrad.

Top companies in Matchmaking & Relationship Apps

3 companies that operate in the same segment as Cohortplus (Matchmaking & Relationship Apps) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Indian matchmaking app connects users for marriage via verified profiles.
2016Bengaluru, Karnataka, IndiaUSD 2.38 M212
South Asian singles are matched through a mobile dating app.
2014Bengaluru, Karnataka, IndiaUSD 1.15 MUSD 5.64 M44
Individuals seeking life partners are connected through online matchmaking services.
1996Mumbai, Maharashtra, IndiaUSD 8 MUSD 37.34 M
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Related news about Cohortplus

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Frequently Asked Questions about Cohortplus

Cohortplus was founded in 2015.

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

Cohortplus is a funded company, having raised a total of $55.31K across 1 funding round to date. The company's 1st funding round was a Angel Round of $55.31K, raised on Dec 2015.

The primary company behind Cohortplus, Fairmont Technologies Private Limited, reported revenue of β‚Ή16.1 Lakh for FY 2021, down 71% year on year.

Cohortplus, established in 2015 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, managing social media platforms, networking platforms, and professional apps. A mobile app designed for professional networking and connections. Adapting to market demands with innovation and client-focused strategies.

Cohortplus has 4 investors. Key investors include upGrad, Manish Maheshwari, Sujatha Viswanath, and Alok Mittal.

The valuation of Cohortplus is $385.04K as of Dec 2015.

Cohortplus operates through Fairmont Technologies Private Limited.

Yes. Cohortplus was acquired by upGrad in July 2019.

The legal entities of Cohortplus currently have 2 directors, including Karan Thakral, Srinivasan Narayan Narayan.

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