About Concept Tutors
Concept Tutors is an Education company based in Bengaluru (India) founded in 2016 by Avneet Makkar. It offers comprehensive online tutoring services for various subjects. It operates on a B2C model. The company has 30 employees. Its chief executive, as recorded, is Avneet Makkar. Its Indian entity Carveniche Technologies Private Limited reported revenue of ₹3.02 Cr. Its focus areas include E-learning, Tutoring and Online Services. Its competitors include Vedantu and Oda Class; 2 of its 2 listed competitors have raised funding.
Company details
Concept Tutors offers comprehensive online tutoring services for various subjects through involved in educational services, e-learning, tutoring, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 30
- Founders Avneet Makkar
- SectorsEducation
- Email••••••••
- Website concepttutors.com
- Legal Name Carveniche Technologies Private Limited
- Date of Incorporation 26 Dec, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.02 Cr
FY 2024 · +4% YoY
- Net Loss-₹1.91 Cr
FY 2024 · -63% margin
- EBITDA-₹1.26 Cr
FY 2024 · -42% margin
- Employee Count30
Associated legal entities of Concept Tutors
Concept Tutors operates through Carveniche Technologies 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 |
|---|---|---|---|---|---|---|---|
| Carveniche Technologies Private Limited CIN U72200KA2007PTC044790 | Active | 26 Dec 2007 | Bangalore, Karnataka | ₹3.0 Cr | 30 | 5 | View details |
Board of directors of Carveniche Technologies Private Limited (Concept Tutors)
Carveniche Technologies Private Limited is the primary company behind Concept Tutors. The board of Carveniche Technologies Private Limited currently have 5 directors; the longest-serving is Avneet Makkar, appointed in 2010. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avneet Makkar DIN 03154149 | Director | 01 Aug 2010 | 16 yrs 2 mo | Carveniche Technologies Private Limited |
| Sukhender Pal Singh DIN 06897160 | Director | 13 Jun 2014 | 12 yrs 4 mo | Carveniche Technologies Private Limited |
| Vivek Shaurya DIN 08590836 | Director | 18 Oct 2019 | 7 yrs | Carveniche Technologies Private Limited |
| Ketan Bipin Gala DIN 00093604 | Nominee Director | 01 Sep 2021 | 5 yrs 1 mo | Carveniche Technologies Private Limited |
| Harshil Anil Gala DIN 05106963 | Nominee Director | 01 Sep 2021 | 5 yrs 1 mo | Carveniche Technologies Private Limited |
People of Concept Tutors
1 people are tracked at Concept Tutors (1 in leadership); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Concept Tutors
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Financials of Concept Tutors
Figures of Carveniche Technologies Private Limited, the primary company behind Concept Tutors, for FY 2024. Revenue was ₹3.02 Cr (+4% year on year). Net loss was -₹1.91 Cr (-63% margin). EBITDA was -₹1.26 Cr (-42% margin). Revenue has grown at a compounded annual rate of +16% over three years and +19% over five years.
- ₹3.02 CrRevenue · FY 2024 · +4% YoY
- -₹1.91 CrNet loss · -63% margin
- -₹1.26 CrEBITDA · -42% margin
- ₹2.30 CrPaid-up capital
- 30Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Carveniche Technologies Private Limited are on its company page.
Detailed financial statements for Concept Tutors
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Competitors of Concept Tutors
Concept Tutors has 2 listed competitors in our database, 2 of them funded. They include Vedantu and Oda Class.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vedantu.com | 2011 | Bengaluru, India | $341M | 1,172 | Live interactive K-12 tutoring platform is provided online. | |
| odaclass.com | 2017 | Bengaluru, India | $12.75M | 577 | Online tutoring platform for k-12 students |
Detailed competitors of Concept Tutors
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Concept Tutors
The website of Concept Tutors (concepttutors.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 26.8% vs previous month
Top companies in Online Learning Platforms
3 companies that operate in the same segment as Concept Tutors (Online Learning Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
People Group is engaged in creating and operating digital brands. | 1996 | Mumbai, Maharashtra, India | USD 8 M | USD 37.34 M | ||
Educational platform offering free materials on subjects like Islam, economics, and science. | 2014 | Bengaluru, Karnataka, India | USD 4.05 M | 36 | ||
An app-based platform that connects students for educational networking and collaboration. | 2021 | Bengaluru, Karnataka, India | USD 3.95 M | USD 2.14 K | 14 |
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Related news about Concept Tutors
Complete news archive for Concept Tutors
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Frequently Asked Questions about Concept Tutors
Concept Tutors was founded in 2016.
Concept Tutors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Avneet Makkar is the CEO of Concept Tutors, as recorded in our data. They have also founded this company.
Concept Tutors has 30 employees.
The primary company behind Concept Tutors, Carveniche Technologies Private Limited, reported revenue of ₹3.02 Cr for FY 2024, up 4% year on year.
Concept Tutors offers comprehensive online tutoring services for various subjects through involved in educational services, e-learning, tutoring, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Concept Tutors operates through Carveniche Technologies Private Limited.
The legal entities of Concept Tutors currently have 5 directors, including Vivek Shaurya, Sukhender Pal Singh, Avneet Makkar and others.