About Crio
Crio is a company based in Bengaluru (India) founded in 2018 was acquired by Skill Lync in November 2022.. Crio has raised $2.07 million across 2 funding rounds from investors including Skill-Lync, Ankit Nagori and Xeed Ventures. Crio offers products and services including Fellowship Program in Software Development, Fellowship Program in QA Automation, and Fellowship Program in NextGen Data Analytics. Crio operates in a competitive market with competitors including Simplilearn, Newton School, Unstop, General Assembly and Imarticus Learning, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Education
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Email
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Phone
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Website
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Social
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- Legal Name Qift Solutech Private Limited
- Date of Incorporation 07 May, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.84 M (USD)186.07as on Mar 31, 2023
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Net Profit
$-3.31 M (USD)-215.32as on Mar 31, 2023
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EBITDA
$-3.15 M (USD)-283.38as on Mar 31, 2023
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Total Equity Funding
$2.07 M (USD)
in 2 rounds
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Latest Funding Round
$1.07 M (USD), Seed
Jul 17, 2020
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Investors
Skill-Lync
& 8 more
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Employee Count
Employee Count
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Acquired by
Skill Lync
(Nov 21, 2022)
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Products & Services of Crio
Crio offers a comprehensive portfolio of products and services, including Fellowship Program in Software Development, Fellowship Program in QA Automation, and Fellowship Program in NextGen Data Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Project-based learning for full stack and backend development skills
Training in automation testing and tools for tech jobs
AI-powered analytics training with real-world data projects
Funding Insights of Crio
Crio has successfully raised a total of $2.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.07 million completed in July 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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
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First Round
First Round
(21 Jan 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Seed - Crio | Valuation | Xeed Ventures | |
| Jan, 2019 | Amount | Angel Round - Crio | Valuation | Binny Bansal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Crio
Crio has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include Skill-Lync, Ankit Nagori and Xeed Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investment firm
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Founded Year | Domain | Location | |
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AN
Ankit Nagori |
Founder of Curefoods, ex-Flipkart, active angel investor in Indian startups
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Founded Year | Domain | Location |
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BB
Binny Bansal |
Co-founder of Flipkart, active angel investor, tech entrepreneur
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Crio
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Crio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crio Comparisons
Competitors of Crio
Crio 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 Simplilearn, Newton School, Unstop, General Assembly and Imarticus Learning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Professional certification programs are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Online technology education programs are provided with placement assistance.
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Platform offering offline workshops and online courses
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| domain | founded_year | HQ Location |
Job-oriented courses and programs are offered to professionals and freshers.
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| domain | founded_year | HQ Location |
Outcome-focused programs for tech professionals are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Crio
Frequently Asked Questions about Crio
When was Crio founded?
Crio was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Crio located?
Crio is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Crio?
Suryanarayanan Paneerselvam is the current CEO of Crio.
Is Crio a funded company?
Crio is a funded company, having raised a total of $2.07M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Jan 21, 2019.
What is the annual revenue of Crio?
Annual revenue of Crio is $2.84M as on Mar 31, 2023.
What does Crio do?
Crio was founded in 2018 in Bengaluru, India, within the edtech sector. Personalized and adaptive learning opportunities are offered to developers, while tech companies are supported in nurturing talent. Services focus on team and individual skill development, with clients such as Visa, Flipkart, and Capillary served through the platform at crio.do. Operations emphasize practical training for software professionals across various organizations.
Who are the top competitors of Crio?
Crio's top competitors include Simplilearn, Newton School and General Assembly.
What products or services does Crio offer?
Crio offers Fellowship Program in Software Development, Fellowship Program in QA Automation, and Fellowship Program in NextGen Data Analytics.
Who are Crio's investors?
Crio has 9 investors. Key investors include Skill-Lync, Ankit Nagori, Xeed Ventures, Binny Bansal, and Amod Malviya.
What is Crio's valuation?
The valuation of Crio is $7.61M as of Jul 2020.
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