CollegeShala

Kolkata, India Founded: 2020 • Age: 6 yrs Acquired By LectureNotes Technologies
Study materials and community features are provided for college students.

About CollegeShala

CollegeShala is an Education company based in Kolkata (India) founded in 2020 by Upamanyu Chatterjee, and was acquired by LectureNotes Technologies in January 2022. Study materials and community features are provided for college students. CollegeShala has raised $247.07 thousand across 1 funding round from investors including LectureNotes Technologies. The company has 1 employees. Its chief executive, as recorded, is Upamanyu Chatterjee. Its Indian entity Shalatech Private Limited reported revenue of β‚Ή1.4 Lakh. CollegeShala offers products and services including College Ranking Service. Its focus areas include EdTech, Higher Education Tech, B2C Learning Solutions and Online Tutoring. Its competitors include Wiingy, WONK and Aacharya; 1 of its 3 listed competitors has raised funding.

Company details

CollegeShala was established in 2020 in Kolkata, India, within the education technology sector. A platform is maintained to support college students through community interactions and study resources tailored for degrees including BSc, BCom, BA, and BBA. Services encompass learning materials, syllabus tracking tools, and additional aids. An Android mobile application is offered for user access.

Key Metrics
  • Annual Revenue
    ₹1.4 Lakh

    FY 2022 · +40270% YoY

  • Net Loss
    -₹45.1 Lakh

    FY 2022 · -3140% margin

  • EBITDA
    -₹31.5 Lakh

    FY 2022 · -2192% margin

  • Total Equity Funding
    $247.07K (USD)

    in 1 rounds

  • Latest Funding Round
    $247.07K (USD), Seed

    Nov 2020

  • Investors
  • Employee Count
    1
  • Acquired by

Products & Services of CollegeShala

CollegeShala offers a comprehensive portfolio of products and services, including College Ranking Service.

College Ranking Service
Educational Information

Platform for accessing NIRF-based medical college rankings

Funding Insights of CollegeShala

CollegeShala has successfully raised a total of $247.07K through 1 strategic funding round. The most recent funding activity was a Seed round of $247.07 thousand completed in November 2020. 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 $247,073
  • Total Rounds 1
  • Last Round Seed β€” $247,073
  • First Round $247,073

    (Nov 2020)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2020$247,073Seed–LectureNotes
–
Valuation history

1 investors in total: 1 institutional.

Investors in CollegeShala

CollegeShala has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LectureNotes Technologies.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Marketplace for undergraduate students' notes, faculty notes, and solved question papers
2017lecturenotes.inBhubaneswar, India
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Investor details for CollegeShala

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Board of directors of Shalatech Private Limited (CollegeShala)

Shalatech Private Limited is the primary company behind CollegeShala. The board of Shalatech Private Limited currently have 3 directors; the longest-serving is Upamanyu Chatterjee, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Upamanyu Chatterjee
DIN 08503781
Director14 Sep 20206 yrs 1 moShalatech Private Limited
Mohamed Fazal Mustafa
DIN 08877835
Director14 Sep 20206 yrs 1 moShalatech Private Limited
Shouradeep Chakraborty
DIN 08877836
Director14 Sep 20206 yrs 1 moShalatech Private Limited

People of CollegeShala

1 people are tracked at CollegeShala (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of CollegeShala

Figures of Shalatech Private Limited, the primary company behind CollegeShala, for FY 2022. Revenue was ₹1.4 Lakh (+40270% year on year). Net loss was -₹45.1 Lakh (-3140% margin). EBITDA was -₹31.5 Lakh (-2192% margin).

  • ₹1.4 LakhRevenue · FY 2022 · +40270% YoY
  • -₹45.1 LakhNet loss · -3140% margin
  • -₹31.5 LakhEBITDA · -2192% margin
  • ₹61,230Paid-up capital

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

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Detailed financial statements for CollegeShala

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Timeline of CollegeShala

3 dated milestones of CollegeShala across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded CollegeShala is founded.
  2. Funding First funding round of $247K.
  3. Exit Acquired by LectureNotes Technologies.

Competitors of CollegeShala

CollegeShala has 3 listed competitors in our database, 1 of them funded. They include Wiingy, WONK and Aacharya.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wiingy.com2021Bengaluru, India$406,34146
Online and in-person tutoring services are offered via a marketplace.
wonkapp.com2016Gurugram, India
Tutor discovery and booking are enabled via a mobile platform.
aacharya.net2019Eluru, India
Provides online platform for empowering learning experiences worldwide.
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Detailed competitors of CollegeShala

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Top companies in Academic Tutoring & Afterschool Learning

3 companies that operate in the same segment as CollegeShala (Academic Tutoring & Afterschool Learning) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of tutoring and learning resource platform for students
2008Delhi, Delhi, IndiaUSD 8.11 MUSD 2.52 M102
Chain of coaching institutes and PU colleges
1988Mumbai, Maharashtra, IndiaUSD 12 MUSD 3.85 M
Online coaching for competitive exams and school courses is provided.
1988Kota, Rajasthan, IndiaUSD 246.9 MUSD 405.75 M7,669
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Related news about Collegeshala

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Frequently Asked Questions about CollegeShala

CollegeShala was founded in 2020.

CollegeShala is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

Upamanyu Chatterjee is the CEO of CollegeShala, as recorded in our data. They have also founded this company.

CollegeShala is a funded company, having raised a total of $247.07K across 1 funding round to date. The company's 1st funding round was a Seed of $247.07K, raised on Nov 2020.

CollegeShala has 1 employees.

The primary company behind CollegeShala, Shalatech Private Limited, reported revenue of β‚Ή1.4 Lakh for FY 2022, up 40270% year on year.

CollegeShala was established in 2020 in Kolkata, India, within the education technology sector. A platform is maintained to support college students through community interactions and study resources tailored for degrees including BSc, BCom, BA, and BBA. Services encompass learning materials, syllabus tracking tools, and additional aids. An Android mobile application is offered for user access.

CollegeShala's top competitors include Wiingy, WONK and Aacharya.

CollegeShala offers College Ranking Service.

CollegeShala has 1 investor. Key investors include LectureNotes Technologies.

CollegeShala operates through Shalatech Private Limited.

Yes. CollegeShala was acquired by LectureNotes Technologies in January 2022.

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